Know Your Money with Bronwyn Waner and Craig Finch

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Know Your Money with Bronwyn Waner and Craig Finch

Know Your Money

150 episodes

4 days ago

Send us a text Retirement planning in South Africa has undergone dramatic shifts over the decades, and understanding these changes could be crucial to your financial security. Our conversation with Clive Lazar from Just Retirement reveals fascinating insights into how South Africans' retirement preferences have evolved from predominantly life annuities before 2000 to overwhelmingly favoring living annuities by 2020. What's particularly eye-opening is how global events reshape our financial d...

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Send us a text Retirement planning in South Africa has undergone dramatic shifts over the decades, and understanding these changes could be crucial to your financial security. Our conversation with Clive Lazar from Just Retirement reveals fascinating insights into how South Africans' retirement preferences have evolved from predominantly life annuities before 2000 to overwhelmingly favoring living annuities by 2020. What's particularly eye-opening is how global events reshape our financial d...

Show more...

Episodes (20/150)

Know Your Money with Bronwyn Waner and Craig Finch

149. Life vs. Living Annuities: Finding Financial Security in Retirement

Send us a text Retirement planning in South Africa has undergone dramatic shifts over the decades, and understanding these changes could be crucial to your financial security. Our conversation with Clive Lazar from Just Retirement reveals fascinating insights into how South Africans' retirement preferences have evolved from predominantly life annuities before 2000 to overwhelmingly favoring living annuities by 2020. What's particularly eye-opening is how global events reshape our financial d...

4 days ago

10 minutes

Know Your Money with Bronwyn Waner and Craig Finch

148. Your Health Could Boost Your Retirement Income, Here's How

Send us a text What if your health challenges could actually boost your retirement income? That's the revolutionary concept explored in our fascinating conversation with Clive Lazar, regional manager for Just Retirement in Johannesburg. Most South Africans don't realize that traditional retirement annuities create what the industry calls "cross-subsidization" - where people with shorter life expectancies essentially subsidize those who live longer. It's a system that unfairly benefits the he...

1 week ago

15 minutes

Know Your Money with Bronwyn Waner and Craig Finch

147. Money That Outlives You: The Just Retirement Story

Send us a text Retirement income planning can be daunting, especially when considering how to make your money last as long as you do. This illuminating conversation with Clive Lazar, Regional Manager at Just Retirement, demystifies life annuities and showcases an innovative approach to guaranteed lifetime income. Just Retirement brings something unique to the South African insurance market. Backed by the UK-listed Just Group (a FTSE top 200 company), they've operated locally for over a decad...

2 weeks ago

11 minutes

Know Your Money with Bronwyn Waner and Craig Finch

146. Money Matters: PAYE vs Provisional Tax

Send us a text Navigating South Africa's tax landscape can be a minefield of confusion and potential penalties. In this enlightening conversation with tax expert Sue from Anthurico Accountants, we unravel the often misunderstood difference between PAYE and provisional tax. Sue breaks down how PAYE operates as the standard tax system for employed individuals, with employers legally required to deduct tax monthly from salaries exceeding R5,500. Meanwhile, provisional tax works on a biannual pa...

3 weeks ago

10 minutes

Know Your Money with Bronwyn Waner and Craig Finch

145. Why Your Company Needs Its Own Identity: Tax Wisdom from the Trenches

Send us a text Drawing the line between personal and business finances isn't just good practice—it's essential for tax compliance and business survival. Sue from Anthurico Accountants joins us to tackle one of the most common pitfalls entrepreneurs face: treating their business as an extension of themselves. "When you register a company, you get a registration number. You have an ID number. They're two individual people," Sue explains, setting the foundation for our conversation. This distin...

1 month ago

13 minutes

Know Your Money with Bronwyn Waner and Craig Finch

144. Navigating SARS Auto-Assessments: What You Need to Know

Send us a text Navigating tax season doesn't have to be intimidating. In this enlightening conversation with Sue from Anthurico Accountants, we demystify the increasingly automated South African tax system and equip you with practical knowledge to confidently manage your tax obligations. Sue breaks down the SARS' auto-assessment system, explaining how it automatically compiles third-party information from employers, banks, medical aids, and retirement annuity providers to simplify filing for...

1 month ago

13 minutes

Know Your Money with Bronwyn Waner and Craig Finch

143. Insurance for Everyone: Unlocking Bidvest Life Event-Based Cover

Send us a text What happens when traditional insurance systems fail those who need protection most? Melody from Bidvest joins us to explore their groundbreaking event-based cover - a revolutionary approach providing income protection to previously uninsurable South Africans. The journey began in 2015 when Bidvest identified approximately 250 occupations systematically denied income protection. Whether due to high occupational risk (like professional athletes) or sensitivity to claims (like p...

1 month ago

17 minutes

Know Your Money with Bronwyn Waner and Craig Finch

142. The Lotto Effect: Bidvest Life on How Monthly Payments Make for Smarter Estate Planning

Send us a text Death, taxes, and financial uncertainty—the three inevitabilities that haunt estate planning. But what if there was a way to provide genuine financial stability for your loved ones after you're gone? Melody from Bidvest Life joins Bronwyn and Craig to explore an often-overlooked alternative to traditional lump sum life insurance: life income benefits. While over 70% of South Africans still choose lump sum payouts, this episode reveals why that might not always be the wisest ch...

1 month ago

12 minutes

Know Your Money with Bronwyn Waner and Craig Finch

141. Protect Your Pay cheque: Bidvest Life Explains How Waiting Periods Impact Your Financial Security

Send us a text Waiting periods might sound like just another technical detail in your insurance policy, but they're actually one of the most critical elements determining whether your income protection insurance will be there when you need it most. Bronwyn and Craig, deep dive into this often misunderstood aspect of financial planning, revealing how your choice of waiting period dramatically affects your ability to claim. The conversation explores how waiting periods function different...

2 months ago

21 minutes

Know Your Money with Bronwyn Waner and Craig Finch

140. Young & Uninsured: Bidvest Life on the Income Protection Gap

Send us a text Securing your financial future starts much earlier than most of us realise. In this eye-opening conversation with Melody from Bidvest Life, we tackle the critical importance of income protection insurance for young South Africans - a demographic that often believes they're invincible. Training Specialist, Melody shares her powerful personal story that changed everything: being diagnosed with an autoimmune condition in her twenties rendered her medically uninsurable for l...

2 months ago

15 minutes

Know Your Money with Bronwyn Waner and Craig Finch

139. The 130% Solution: How Bidvest Life Reimagined Critical Illness Cover

Send us a text What happens when critical illness strikes but you can still work? Most income protection policies won't pay a cent, leaving you financially vulnerable during life's most challenging moments. In this revealing conversation with Melody from Bidvest Life, we uncover a revolutionary approach to critical illness protection that addresses the significant gaps in traditional coverage. While conventional income benefits require you to be continuously unable to work before...

2 months ago

22 minutes

Know Your Money with Bronwyn Waner and Craig Finch

138. Why Beneficiary Nominations Really Matter

Send us a text Who gets your money when you die? The answer might surprise you—and could devastate your loved ones if you haven't properly structured your beneficiary nominations. In this eye-opening discussion, we unravel a critical financial planning topic that affects everyone with life insurance, investments, or retirement accounts. Many people mistakenly believe their will controls everything, but certain assets transfer completely outside your will based solely on beneficiary designati...

2 months ago

9 minutes

Know Your Money with Bronwyn Waner and Craig Finch

137. Business Loan Accounts: What Happens When You Die?

Send us a text Death creates enough emotional turmoil without adding financial chaos to the mix. Yet that's exactly what happens when business owners fail to plan properly for their loan accounts—those often substantial debts between themselves and their companies. Most entrepreneurs pour personal money into their businesses, creating director loan accounts where the company owes them money. What many don't realize is that upon death, these loan accounts immediately become assets in their es...

2 months ago

8 minutes

Know Your Money with Bronwyn Waner and Craig Finch

136. Buy and Sell Agreements: The Legal Foundation Your Partnership Needs

Send us a text What happens to your business when a partner unexpectedly dies? Without proper planning, their spouse might show up at your office the next day, declaring themselves your new business partner. This nightmare scenario plays out more often than you might think. In this deeply practical conversation, we explore the critical difference between having life insurance and having the legal framework that makes it work. Many business owners make a dangerous mistake: they secure life po...

3 months ago

13 minutes

Know Your Money with Bronwyn Waner and Craig Finch

135. Protecting Your Business: The Key Person Insurance Guide

Send us a text Protecting your business from unexpected tragedy is something most entrepreneurs don't want to think about, but ignoring this crucial planning could cost you everything you've built. Key man insurance represents one of the most important protection strategies for small to medium businesses, yet it remains widely misunderstood and underutilized. We break down exactly how this vital coverage works - when a company takes out insurance on an essential team member whose absence wou...

3 months ago

13 minutes

Know Your Money with Bronwyn Waner and Craig Finch

134. How Your Personality Type Shapes Your Money Habits

Send us a text Ever wonder why you handle money the way you do? Or why your partner's financial decisions sometimes seem completely baffling? The answer might lie in your personality type. We welcome back Joni Peddie from Resilient People Bounce Forward to explore the fascinating intersection of the Enneagram personality system and financial behaviour. Joni breaks down how each of the nine Enneagram types approaches money differently—from the perfectionist Type One with their clear, rigid th...

3 months ago

13 minutes

Know Your Money with Bronwyn Waner and Craig Finch

133. Your Personality Was Decided Before Birth

Send us a text What if the key to understanding yourself was discovered 2,500 years ago? In this fascinating conversation with Enneagram expert Joni Peddie from Resilient People, we unlock the secrets of this ancient personality system that's transforming modern relationships and workplaces. Joni, who has studied the Enneagram for 33 years, reveals the surprising truth that we're born with our personality type – it's not something we develop over time. "Even identical twins have different me...

3 months ago

18 minutes

Know Your Money with Bronwyn Waner and Craig Finch

132. Money After Death: Understanding Section 37C

Send us a text Death and money make uncomfortable bedfellows, yet understanding what happens to your retirement funds after you're gone is crucial for protecting those you love. Section 37C of the Pension Funds Act fundamentally changes how your retirement benefits are distributed—and many South Africans discover this only when it's too late. Have you nominated your spouse, children, or perhaps a new partner as beneficiaries on your retirement annuity? You might be surprised to learn that th...

4 months ago

10 minutes

Know Your Money with Bronwyn Waner and Craig Finch

131. Every Rand Needs a Plan: Financial Wisdom from Growth FP

Send us a text Navigating the world of financial planning requires more than just finding someone to manage your money—it demands asking the right questions and understanding the fundamentals that protect your financial future. In this enlightening episode of Know Your Money, hosts Bronwyn Waner and Craig Finch from Growth Financial Planning break down four essential concepts that form the cornerstone of sound financial planning: provider verification, investment wrappers, time horizons, and...

4 months ago

10 minutes

Know Your Money with Bronwyn Waner and Craig Finch

130. Death, Finances, and Bouncing Forward.

Send us a text Joni Peddie shares her journey of rebuilding life after her husband's unexpected death while representing South Africa at a canoeing event in Hungary. She describes how having proper financial planning in place through an education fund allowed her to maintain stability for her two young daughters during an otherwise chaotic time. • Joni had zero financial literacy when her husband died, not even knowing her housekeeper's salary or how to use an ATM • Instead of "bouncing back...

4 months ago

11 minutes