Moikanyi Mekgwe - Professional Financial Advice

09/02/2024

Read to understand. Purpose is everything. Saving (which is limiting) vs investing (which has more options). You got this😉

09/01/2024

According to recent research – middle-income consumers use 80% 😲 of their monthly income in the first 5 days after getting paid!

So how does one create a different life for themselves in which they have 80% of their income to fund 80% of their month? 💸💸

There are 2 sides to the coin that you can consider...

One side is increasing income and the other side is reducing expenditure. Readjusting your lifestyle to cut out on all luxuries is a temporary fix that can help in the short term but usually leads to destructive compensatory behaviors.

A sustainable alternative that we believe is a better fail-proof solution is creating multiple streams of income for yourself.

Reach out to us and find out how we can help 💪: www.iwcp.co.za

08/01/2024

Please share my birthday wish with as many people as possible ❤️

06/09/2022

"Multiple streams of income? But how?" There is an opportunity to dig deeper and find ways to exploit our very own hobbies and interests. It is a personal journey worth taking. A good financial plan is personal to you, definitely not a one size fits all.

Please remember this, many financial products can benefit you but do you have the one that matters the most at that particular time? Feel free to be you especially with your money

According to recent research – middle-income consumers use 80% 😲 of their monthly income in the first 5 days after getting paid!

So how does one create a different life for themselves in which they have 80% of their income to fund 80% of their month? 💸💸

There are 2 sides to the coin that you can consider...

One side is increasing income and the other side is reducing expenditure. Readjusting your lifestyle to cut out on all luxuries is a temporary fix that can help in the short term but usually leads to destructive compensatory behaviors.

A sustainable alternative that we believe is a better fail-proof solution is creating multiple streams of income for yourself.

Reach out to us and find out how we can help 💪: www.iwcp.co.za

24/06/2022

Parenting is not easy because you are not just providing, you yourself are constantly in a state of evolving.

As a parent you want nothing else but to continuously encourage meaningful growth for your children. Even as a do-it-yourself parent when it comes to education (homeschooling), only you know the quality of education your children need.

That quality does not have to depend on your presence and ability. Find out how you can secure your children's education. Get in touch.

Your children’s education is the key to their future. 🚀

It’s the foundation of their life journey and their steppingstone to forging their path in life. But what if an unfortunate, life-changing event prevents you from being able to provide for their education? We want to make sure that, as a parent, you still can.

That’s why we have the EduCator benefit. It is a benefit under Liberty’s Lifestyle Protector policy offering, designed to pay for your children’s education should life’s “what if’s” come your way!

Read our blog on developing good money habits in your children posted in the comments. 👇
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09/06/2022

Break the inheritance curse early. As early as your first job and at every point something changes.

Everytime you buy a big asset, make sure you're clear about its long term intention and potential. Some assets cannot have multiple owners, like a car, so be careful about what equal share means. Assets are most likely to be converted into cash in order to distribute the proceeds "equally".

At marriage, make sure you are both clear about your intentions for the future. Someone once told me, "marriage out of community of property is not marriage", yet they themselves were not prepared to give up their own assets to their partner when separation came knocking. Consider that you're a human being with emotions, things like tradition, law, and impressing your elders can quickly be forgotten in the heat of the moment.

Also understand that inheritance from your own parents when you're married does not necessarily form part of your community of property in the marriage. Please understand the extend to which community of property goes even for your children and their children. You can protect your legacy from chancers who are after your kids' wealth.

Everytime you have a child, decide if equal share is the right solution for your intended goal of your legacy, or if you want commitment first from your beneficiaries. You set the rules. I know it is not easy to choose who is deserving from your small children but you can have a set of requirements for them to meet to gain access to funds or assets as they get older.

Break the inheritance curse, you can!!!

Everyone should have a say 🙋‍♀️🙋‍♂️ in how their lifelong accumulation of wealth is dealt with after their death! Therefore, a Valid Last Will and Testament is so important.

We can help you draft yours; chat with us!
☎️ Business line: 011 678 8904
🌐 Website: https://www.iwcp.co.za/contact/

03/05/2022

Finance in real life!

Have you thought about what your legacy is?

Do you know that asset acquisition is not the only way to leave a legacy?

Listen till the end and stay tuned for the next nugget 🙂

19/04/2022

You need a financial advisor. A financial salesman gives you what gets them paid, a financial advisor gives you and your family what you really need.

Do you as a working professional know the value of financial planning?

We want to help you understand the importance of Financial Freedom and encourage you to start thinking about your long- and short-term financial goals.

As part of our ongoing mission to educate South Africans, we have prepared this blog about the value an advisor can add to your financial portfolio. Therefore, no matter what stage of life you're at – you will understand the importance of being financially free and secure.

Read more here: https://www.iwcp.co.za/value-of-advice-gumboots-or-tekkies-for-financial-freedom/

Chat to us:
Business line: 011 678 8904
Website: https://www.iwcp.co.za/contact/

02/03/2022

Nuggets of wisdom 👇

24/02/2022

We often say our children come first but if you have not appointed a guardian for your children incase something happens to you, you need to stop whatever you're doing NOW and sort it out.

We often say we love ourselves, but if you have not protected your assets, including guarding your future health challenges, you need to stop whatever you're doing NOW and sort it out.

A FAMILY that has everything under control have the following things:

*Updated WILLS accompanied by an ESTATE DIRECTORY,
*LIFE COVERS that actually continue the lifestyle of your family for as long as you would love to have lived, only a few of us actually want to live through 5 to 10 generations so this means you are building a legacy that will outlive you.
*DISABILITY, IMPAIRMENT and CRITICAL ILLNESS COVER to protect your ability to earn an income. You don't want to be a financial burden during this time.
*An EMERGENCY FUND. Sometimes insurance claims and or medical aid claims take longer to payout or it might take longer to replace your job if you lose it.
*RETIREMENT PLANNING. You should be saving 27,5% of your income for retirement and you need to diversify across a PENSION Fund, a RETIREMENT ANNUITY and a TAX FREE SAVINGS account. Remember to consider medical aid costs post retirement.
*A CAPITAL ACQUISITION STRATEGY where all your debts are insured.
*Lastly, an ASSET PROTECTION PLAN. Insure your home, car, equipment etc. Please remember to consider insurance costs and municipal costs in your LIFE COVER calculations.

DON'T BE SCARED you can do this. You can START SMALL with ALL of them.

YES, ALL OF THEM.

LET ME SHOW YOU HOW. 0828507623

You’re busy. And you’ve got a lot going on. You might even feel overwhelmed about all the decisions and choices you have to make.

What if you knew with certainty the exact amount required, for you and your loved ones to live a worry-free lifestyle given any eventuality? The ability to protect your future is possible, and may not be as far off as you think.

The first step is to know where your money stands. We can help!

Contact us today for a complimentary consultation. Call us on: 011 678 8904, Or visit our website: https://www.iwcp.co.za/contact/