Women earn less but have to make it go further, says financial expert

Women still earn less than there male counterparts, argues a certified financial planner.

Gerald Mwandiambira, CFP and Managing Partner at Sugar Creek Wealth, says women are more responsible with money than men.

Many head up single-income households and have to ensure that the money goes a long way, he says.

Mwandiambira says Men take more risks but women, with their more nurturing nature, always ensure the family is secure.

He says often male spouses die first, and the onus is even greater on women to ensure they have a good retirement plan.

Take a listen to these insights into how women should approach saving, investments and growing financial wealth below:


This article first appeared on CapeTalk : Women earn less but have to make it go further, says financial expert


Recommended

by NEWSROOM AI
Read More
Spock is not greedy – or fearful – when investing. Be like Spock. Here’s how…

Spock is not greedy – or fearful – when investing. Be like Spock. Here’s how…

Live long and prosper! Personal finance expert Warren Ingram shares four tips on successful investing.

Retiring in the next decade or so? Tips and tricks to apply, right now

Retiring in the next decade or so? Tips and tricks to apply, right now

Personal finance expert Warren Ingram discusses five things you should do right now if you're to retire in 10 years, or so.

How to spot a sophisticated investment scam

How to spot a sophisticated investment scam

Scams range from crude and clumsy to the highly polished. Bruce Whitfield interviews personal finance expert Warren Ingram.

8 lessons about investing I learned while driving my car

8 lessons about investing I learned while driving my car

Financial planner Gregg Sneddon ("The Financial Coach") uses driving as an analogy to teach valuable lessons about investing.

The stock market is not a casino. Investing in shares is nothing like gambling

The stock market is not a casino. Investing in shares is nothing like gambling

Too scared to “gamble” away your hard-earned cash? Kabous le Roux asks you to consider this simple argument with an open mind.

What is better - money in the bank or investing in shares?

What is better - money in the bank or investing in shares?

Personal finance expert Warren Ingram offers a definitive answer with an explanation ordinary people can understand.

How to ensure your broker keeps her investment fees low. A case study...

How to ensure your broker keeps her investment fees low. A case study...

Personal finance advisor Warren Ingram chats to The Money Show’s Bruce Whitfield about broker fees.

'My first memory of money was my mom crying about it'

'My first memory of money was my mom crying about it'

Personal finance author Sam Beckbessinger opens up about her attitude to money (hopes and fears, successes and failures, etc.).

How to structure an income/life annuity portfolio for long-term growth

How to structure an income/life annuity portfolio for long-term growth

The Money Show’s Bruce Whitfield interviews Peter Calitz, Certified Financial Planner at Peter Calitz Financial Services.

10 unexpected things that most truly rich people have in common

10 unexpected things that most truly rich people have in common

Personal finance expert Warren Ingram on the money values that those "worth" R40 million or more almost invariably have in common.

Popular articles
SA vs Japan: 'It's the Springboks today by 13 points!'

SA vs Japan: 'It's the Springboks today by 13 points!'

How will it go down in Tokyo on Sunday? Andrew Howitt of Fantasy Rugby TV on SA's upcoming World Cup quarterfinal match.

[WATCH] How many people does it take to park a car?

[WATCH] How many people does it take to park a car?

Khabazela shares tweets and Facebook posts that have gone viral.

'We discuss stocks and options with our children at the dinner table'

'We discuss stocks and options with our children at the dinner table'

Bruce Whitfield interviews Basetsana Kumalo about her attitude to money (hopes and fears, successes and failures, etc.).

[WATCH] Boy explaining what he heard when parents had sex goes viral

[WATCH] Boy explaining what he heard when parents had sex goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

South Africa quietly reclassifies 33 wild species as farm animals

South Africa quietly reclassifies 33 wild species as farm animals

Some of the endangered wildlife has now been listed as farming stock under key legislation that governs breeding.

It's VW, but not as you know it - Why did Volkswagen change its logo?

It's VW, but not as you know it - Why did Volkswagen change its logo?

John Maytham asks what's behind Volkswagen's new-look logo...

[WATCH] Ndlovu Youth Choir showing support to Springboks at Woolies goes viral

[WATCH] Ndlovu Youth Choir showing support to Springboks at Woolies goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

5 retirement saving tips for those who left it late

5 retirement saving tips for those who left it late

It’s better to start late than never! The Money Show’s Bruce Whitfield interviews Jeanette Marais.

[WATCH] Woman faints after hairdresser cuts 12-inch hair without telling her

[WATCH] Woman faints after hairdresser cuts 12-inch hair without telling her

Khabazela shares tweets and Facebook posts that have gone viral.