The Woman & Finance Podcast

Just like Maslow's hierarchy of needs, your finances have levels too!In this video, I break down my Hierarchy of Financial Needs, a 7-level framework that shows exactly where to focus your money and in what order. Whether you're just starting out or already investing, this will help you figure out where you are — and what your next move should be.The 7 Levels:Psychology of Money — your relationship with money comes firstEmergency Fund — your financial safety netInsurance — protecting what you've builtPaying Off Debt — clearing the way to build wealthSavings & Investments — putting your money to workRetirement Planning — your future self will thank youEstate Planning — protecting your legacyYou'll learn:Why you can't skip levels and what happens when you doHow to know which level you're currently onWhat to do at each stage The mistakes most people make by jumping aheadStart at the bottom. Build to the top.Take the Money Story Questionnaire here: https://www.womanandfinance.co.za/resourcesEstate Planning Video:https://youtu.be/FJ4181b7fSY?si=BUYYtv2C95CJMWoN

If you're in your 50s or you have a parent who is and you're wondering whether it's too late to open a Tax-Free Savings Account, this episode is for you.A 55-year-old listener sent in a question asking whether a TFSA is still worth opening at their age. I ran the numbers, and honestly? The results might surprise you.Whether you can put away the full R46,000 a year or just R10,000, ten years of consistent, tax-free growth still adds up to something seriously worth having.It is not too late — and by the end of this episode, you'll know exactly why.#PersonalFinance #WomanAndMoney #LivingBelowYourMeans #MoneyMindset #WealthBuilding #FinancialFreedom #SouthAfrica #MoneyTips #investing