Your financial inspiration... is it in hiding?

YOUR FINANCIAL INSPIRATION The road of life

YOUR FINANCIAL INSPIRATION Did you know… Life expectancy in 1900 was 42 years Today…?

YOUR FINANCIAL INSPIRATION Lifestyle related diseases One in 4 women in SA will have heart disease before the age of 60 Women develop heart disease later than men One heart attack every 8 minutes in SA One in seven women worldwide will get breast cancer Asian, White and Coloured women four times more at risk than Black women Source: SA Heart Foundation

YOUR FINANCIAL INSPIRATION The threat of old age…. 40%+ of women aged 60 will make it to 90 20%+ of men aged 60 will make it to 90 People don’t realise this because they hear about HIV etc

YOUR FINANCIAL INSPIRATION Why is retirement such a problem…? Ignorance False sense of security Someone else is taking care of it Waking up too late No money for retirement planning Approximately 94% of South Africans retire with NOT ENOUGH MONEY – there is clearly a problem!

YOUR FINANCIAL INSPIRATION D o you control your money, or does your money control you…??? A simple question

YOUR FINANCIAL INSPIRATION Take control of your money!

YOUR FINANCIAL INSPIRATION STEP 1: Face your realities

YOUR FINANCIAL INSPIRATION STEP 2: Stop waiting for Prince Charming

YOUR FINANCIAL INSPIRATION STEP 3: Plug the holes

YOUR FINANCIAL INSPIRATION STEP 4: Tackle your debt

YOUR FINANCIAL INSPIRATION STEP 5: Seek professional advice and draw up a financial plan

YOUR FINANCIAL INSPIRATION Your financial plan should include… A valid Will Medical cover Emergency fund Protecting your income (death, disability, dread disease, business assurance) Saving and investing

YOUR FINANCIAL INSPIRATION Investing … there ain’t no free lunch Have realistic objectives Understand your timeline and risk profile Diversify! Diversify! Diversify! Review regularly Don’t chase the markets Part of your financial plan

YOUR FINANCIAL INSPIRATION 7 Change is not the result of spontaneous combustion – you must set yourself on fire!