MyMoney Online, The Personal Finance series with Warren Ingram, Evergreen Content

Supersaver Julia is back! Is her (already substantial) nest egg still growing?

pixabay.com (2018)

Once a year (since 2013) The Money Show’s Bruce Whitfield wows listeners with an interview of supersaver Julia and her financial advisor Warren Ingram (he’s a regular on the show).

(Click here for an article with all the previous years’ interviews.)

Who would drive a Corsa Lite if they earned R1 million per year?

Julia would!

Although she has since upgraded to a Toyota Etios.

Julia invests a third of her income, always avoiding the trap of meeting a rising salary with more expenses.

Whitfield got her back into the studio to find out if she has managed to grow her already substantial nest egg even further.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

I’ve added some money. Not as much as previous years… but I haven’t stopped completely...

Julia

I’m not very flashy… slow and steady is my style… I don’t really have any regrets… carrying on over many years is how I’m going to be financially independent…

Julia

I think I’ll be financially independent by the time I am 40… I’m quite confident we’ll be financially independent in three or four years…

Julia

That car [Corsa Lite] cost too much to maintain…

Julia

I encourage every young person I meet to start the saving habit early… You don’t have to be fancy… you just need to be disciplined… then the power of compounding does the rest for you… If you invest in sensible funds that aren’t expensive…

Julia

More of the same [when asked what her strategy is going forward]…

Julia

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Bob Martin’s new adverts celebrate how good pets are for humans

Bob Martin’s new adverts celebrate how good pets are for humans

Bruce Whitfield asks branding and advertising expert Andy Rice to critique the week’s advertising “heroes” and “zeroes”.

How to effortlessly trade rands for Bitcoin and Ethereum

How to effortlessly trade rands for Bitcoin and Ethereum

The Money Show’s Bruce Whitfield interviews Luno Country Manager Marius Reitz.

'New law threatens to wipe out vaping in South Africa'

'New law threatens to wipe out vaping in South Africa'

The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.

The UAE is pumping billions into the Horn of Africa

The UAE is pumping billions into the Horn of Africa

The Money Show's Bruce Whitfield interviews Africa correspondent Lee Kasumba

Is solo adventurer Riaan Manser as crazy as he seems when it comes to money?

Is solo adventurer Riaan Manser as crazy as he seems when it comes to money?

Bruce Whitfield interviews Manser about his attitude toward money (hopes and fears, successes and failures, etc.).

Why the rand is going down, down, down…

Why the rand is going down, down, down…

Bruce Whitfield interviews Dr Adrian Saville (Gordon Institute of Business Science) and Rand Merchant Bank Strategist John Cairns.

Popular articles
Bob Martin’s new adverts celebrate how good pets are for humans

Bob Martin’s new adverts celebrate how good pets are for humans

Bruce Whitfield asks branding and advertising expert Andy Rice to critique the week’s advertising “heroes” and “zeroes”.

'Minnie understood he might become a target'

'Minnie understood he might become a target'

Marianne Thamm wrote the forward to 'The Lost Boys of Bird Island' and worked with Mark Minnie in editing the controversial book.

[WATCH] Dad dresses up as a mom so his sons don't feel left out on Mother's Day

[WATCH] Dad dresses up as a mom so his sons don't feel left out on Mother's Day

Khabazela shares Facebook posts, YouTube videos that have gone viral including one with the smartest dogs.

[LISTEN] Is your phone listening in on your conversations?

[LISTEN] Is your phone listening in on your conversations?

MD at World Wide Worx Arthur Goldstuck explains how your phone may record your voice conversations.

JHB CBD muggings - Where are the police ?

JHB CBD muggings - Where are the police ?

City of Joburg mayor Herman Mashaba says undocumented people living in the city make it difficult to combat crime.

'Black Tax'... working hard, earning well, but struggling financially

'Black Tax'... working hard, earning well, but struggling financially

Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Juan Sanchez shares stories of Fidel Castro that’ll make you re-examine everything you thought you knew about the Cuban dictator.