MyMoney Online, Personal Finance with Warren Ingram

Schools don’t teach personal finance - how to raise a future millionaire

It’s never too early to teach your kids about money, says personal finance expert Warren Ingram.

Schools won't do it - it’s up to you!

Through your words and - far more importantly – your actions you’ll play an important part in cultivating their money habits.

The Money Show's Bruce Whitfield interviewed Ingram for this weekly personal finance feature, asking him for advice on raising financially free children.

Teaching your children about the link between work and money is incredibly important.

Warren Ingram, Personal Financial Advisor - Galileo Capital

You can’t outsource the teaching of money skills… If your child listens to money conversations from, say, the age of 10 – by the time she’s 20 she’ll be an expert….

Warren Ingram, Personal Financial Advisor - Galileo Capital

Give your younger children pocket money each week… Allow them to get extra money by doing chores… Teach your children about the different kinds of debt and the real cost thereof.

Warren Ingram, Personal Financial Advisor - Galileo Capital

For more detail, listen to the interview in the audio below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Karatbars – is it a scam? The case for and against…

Karatbars – is it a scam? The case for and against…

Bruce Whitfield interviews senior Karatbars representatives, a financial advisor and someone who was invited to its conference.

Can’t find your phone? Drop everything – thieves can get into your banking app!

Can’t find your phone? Drop everything – thieves can get into your banking app!

Did someone steal your phone? Contact your bank without hesitation warns consumer journalist Wendy Knowler.

'Unions are making a mistake. SAA is dying. It’s not Eskom – we don’t need it'

'Unions are making a mistake. SAA is dying. It’s not Eskom – we don’t need it'

SAA is on its knees, cap in hand, asking taxpayers for R2 billion this month. Unions must be careful, warns Guy Leitch (SA Flyer).

Capitec Bank must OK BEE share sale. '47 000 Transnet pensioners are suffering'

Capitec Bank must OK BEE share sale. '47 000 Transnet pensioners are suffering'

"The judgment is damning against Capitec Bank," says freelance journalist Ciaran Ryan.

Bryan Habana opens up about money, and now having to buy his own clothes

Bryan Habana opens up about money, and now having to buy his own clothes

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

Meet award-winning marketing guru (of 25 years!) Groovin Nchabeleng

Meet award-winning marketing guru (of 25 years!) Groovin Nchabeleng

Nchabeleng is the Executive Chair of black-owned Blueprint Group and former CEO of MMS Group, a division of Publicis Worldwide.

Popular articles
Two elderly people die while queuing for grant payments - Sassa

Two elderly people die while queuing for grant payments - Sassa

An elderly woman is believed to have collapsed when she was confirmed dead outside a Pimville Post Office in Johannesburg.

Sassa grant recipients endure long queues to receive their payouts

Sassa grant recipients endure long queues to receive their payouts

Eyewitness News reporter Kevin Brandt says some recipients turned back on Monday, saying they would try again the next day.

Which farmers should benefit from emergency aid, and who will need it?

Which farmers should benefit from emergency aid, and who will need it?

Stellenbosch University professor of agricultural economics professor Johann Kirsten looks at who should benefit from this money.

[LISTEN] #Covid-19: Psychiatrist offers support service to healthcare workers

[LISTEN] #Covid-19: Psychiatrist offers support service to healthcare workers

Joanne Joseph spoke to psychiatrist Dr Claire Lownie about the pro-bono offering.

'Police shot at Vosloorus man in his veranda, unprovoked'

'Police shot at Vosloorus man in his veranda, unprovoked'

Eyewitness News reporter Theto Mahlakoane gives details of what the community members saw when the man was killed.

[LISTEN] Most people are suffering from 'corona panic syndrome' - expert

[LISTEN] Most people are suffering from 'corona panic syndrome' - expert

Wits University clinical pharmacologist Dr Mohamed Irhuma says people must spend less time on social media.

Business Partners Limited preparing to administer Rupert funding for SMEs

Business Partners Limited preparing to administer Rupert funding for SMEs

Gushwell Brooks speaks to business partner Ben Bierman about how these funds will be administered.

SABC disputes Bemawu's claim that the broadcaster concealed COVID-19 case

SABC disputes Bemawu's claim that the broadcaster concealed COVID-19 case

Bemawu has accused the SABC of endangering the lives of employees.

Social grant payouts have been going smoothly - Lindiwe Zulu

Social grant payouts have been going smoothly - Lindiwe Zulu

Social development minister says they are also keeping in touch with other provinces where there seems to be challenges.

[COVID-19] Tracing people in informal settlements will be a challenge

[COVID-19] Tracing people in informal settlements will be a challenge

Bhekisisa Centre for Health Journalism journalist Joan van Dyk says it is an emotional job to be a tracer.