Money Mistakes women should avoid with Kim Potgieter
ฝัง
- เผยแพร่เมื่อ 3 เม.ย. 2022
- !!!COMPETITION!!! To win the book, just let me know in the comments section which mistakes you have made yourself and how you solved them.
We have a guest today!!!
In today's video, I'm excited to be chatting with Kim Potgieter, an author, speaker, voracious learner and expert financial planner.
As an author, Kim has written three eBooks and two books, Retiremeant - get more meaning for your money (2015), and her latest, Midlife Money Makeover (2021). Her message is clear; by understanding your relationship with money, you can begin to shift your mindset to create positive and powerful transitions.
Get her ebooks here: kimpotgieter.com/kims-ebooks/
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Hi Mapalo, thank you for such an informative video. One of the biggest mistakes I made was to believe that "umuntu uphilela is'koloto" as a result I opened a store account. I then tried to save, invest and pay off the debt at the same time. Last year I read your book and decreased my saving contribution in order to pay off the store card and now have a Tax Free Saving Account. The goal is to pay off the debt by end of July this year and I am glad that I am still on track. Once the card is paid off I will close it and use the same money to save it in a savings account for traveling.
There is nothing more attractive than a wise women. I really loved this.
Great conversation ❤️ ❤️
My biggest money mistake was not being comfortable with money
Money was this monster that I was so scared of talking and thinking about as a result landed me in debts
How I overcome that was first a change of mindset and knowing that a paycheck to paycheck life is not for me
Reading personal finance books and listening to such conversations has been a great help in changing my mindset and normalizing money in my life and ever since I healed my relationship with money
Money loves me
Money stay with me
Money is comfortable with me
And I love it
I found myself feeling so angry and uncomfortable listening to your videos. My ego was saying "these people are not talking to me. They are talking to people who have money to save and room to manoeuvre in their budgets. What about the rest of us."
But I realise I feel angry with myself. There's probably other feelings too. I won't get into my story but issa mess. It's very challenging to take responsibility. My choices have led to where I am... Thank you for being out here providing information. It's a start...
I needed to hear this.
I love responses like this, so honest, thank you for sharing. I have no doubt that you can do this, even if it is overwhelming. You have the power to change your situation. I pray all goes well with you Bulelwa ❤️🤗
The biggest money mistake is cashing in on my retirement each time I would resign from a job and now at 30, I'm starting from scratch
It's better you realised this at 30;
My money mistake wa taking mycar on a ballon and on a fixed interest rate. I realized it when you did a video about the ballon payment. That time was too late to rectify anything because i was going through a divorce and didnt even have savings. 6 montha now since the divorce has been finalized and i would have finished paying my car but no i had to refinance the ballon payment.
My second mistake was not to save for rainy days. Rainy days are coming to me now in numbers and i dont have a cent to deal with them.
But now i am in the process of fixing that, i empowered myself by reading and listenin to personal finane advices. Now i make a wise decision and i a able to say this is not emergency and i dont have to worry about.
I am trying to live below my means so that i dont take debts.
Wow Mapalo. This is so insightful. I am in my 30's and I can just relate with all you have said. One goal I have set for this year is to learn more about money, and you have been feeding my soul. Currently I don't have anything in my account, but I have a mindset to change. I have work to implement, even if its one change per day. Being patient with me. Watching your videos, and I am catching up on your past videos, and man a shift is happening in my mind. I thank the Lord for this ministry, I praise him for the calling he has placed on you to assist people like me. This is just a thank you comment.
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Thank you so much!!!!!
This is a great conversation. Thank you for sharing
Just recently discovered this channel new subbie.
I just started working last year and my biggest money mistakes so far have been:
1. Using my overdraft to fund basic needs because I over spent on luxuries and month in month out after that has been me trying to pay the overdraft then using it
2. My second biggest mistake has been not having an honest conversation with money and just avoiding to even look at my banking apps because I was afraid to face how bad I have been with money
3. My third is being from a non privileged background I constantly look at money in scarcity as well
I am solving this problem by writing down my budget monthly and tracking my expenses. Started saving for emergency so I avoid using my overdraft for emergencies
Having honest conversations with myself about whether or not what I am buying or spending money on is a necessity.
I have also started a journey of financial education for myself by reading and watching this channel.
You are doing the work, you should be proud of yourself. All the best ❤❤❤
I am falling in love with conversation where money is the topic which in the past few months I could not because of the shame I had because of my not so good financial situation.
The biggest mistake I made was taking a loan for my boyfriend years back which is my current husband before knowing his relationship with money which caused me a huge financial down fall, since most us don't discuss finances when we fall in love 🤦
I've learned a huge lesson not to take debts for anyone like NONE 🤚 And on improving /solution for our finances I've introduce him to your channel 😅we watch your videos together & that made us to take baby step to start having an open & honest conversation about money which we never had.
I am so proud of you🤗🤗🤗🤗🤗🤗🤗🤗🤗❤❤❤
Hey Pontsho! You are the competition winner for the book give-away. Can you kindly send me an email to info@womanandfinance.co.za with the following : 1: physical address 2:full names :cell phone number
Great conversation
The biggest money mistake I made was having clothing accounts, which meant I was able to buy clothes even when I cannot afford and don't really need them. As women, we would call it retail therapy :)
I then realised that I'm in debt for things that I don't really need. I decided to close off all the clothing accounts and start saving that money for things that I really need.
I was not comfortable talking about money. I then learned to talk about my money challenges/ mistakes and would listen to people's money mistakes. I started feeling comfortable talking about my money mistakes and that helped because I was able to accept and from accepting I was able to rectify them.
Hi Mapelo, firstly I would like to thank you for the effort you put in this video to make it informative for us. I'm a first year university student and I decide to start saving this year but my biggest money mistake was that I used to believe that I should start with everything else then save but unfortunately that strategy didn't work for me because I would finish my money and be left with nothing. Another mistake was that I spent ALOT of time doing research about saving money instead of just going for it. To fix my mistakes I watched one of your videos and learnt about the 50%/30%/20% saving strategy and now I am currently implementing it, I decided to just start saving then continue doing my research whilst saving.
I came across you,your channel, about a year ago, my take way from the first video i watched was "just start'. I come today to say I started. At first it was a bit all over the place. I am proud to say I can see the light. I have a couple of investment, building my emergency fund and debt free. From now on I am going forward and onwards. i am nolonger afraid of money talk. I have been investing on myself through reding financial books. thank you for doing the Lord's work
Thank you for the informative financial education, i am learnt so much. I have been stressing a lot looking at my bank balance and my bank statements i realise i need some changes around how i spend my money. I am often broke even though i am working. My lesson is to start small in changing my spending habits and learn to invest some of the money.
Thank you!
Please have a conversation on marriage contract
Beautiful and informative,still in my early stages of getting my finances in order and am learning a lot
Financial advice ❤
Love this session so much. Thank you to both of you. It was super informative. 🥰
This was so enriching. Thank you ladies.
Love this so much 💕💞
I learnt a lot from this episode....i loved it. I am a new subscriber 😍
Wooow beatiful presentation😍
Thank you Mapalo this conversation was so needed and informative, thank you so much.
great video, thank you very much!
For me definitely my biggest mistake was blowing my savings 😭 it wasn’t a lot BUT it’s the principle that matters. I’m definitely building a better relationship with money AND on savings mode 101. I’m also fixing it by budgeting well in advance and STICKING to it.
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Thoroughly enjoyed this conversation. So many gems!!!! 🙌🏾Thank you so much for this video
Really enjoyed this conversation - some difficult but necessary questions were tackled. I was a victim of fearing risk once upon a time as well but I broke free and growth has been great since! Thanks ladies 🙌
I loved this conversation and definitely buying the money makeover book because I'm in my mid thirties and my finances are a mess 😔
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This was a very good conversation, I have learnt a lot. Thank you so much ladies. You are doing the Lord's work♥️♥️♥️
Thank you so much for such an informative video 🥰. Absolutely loved it. Please provide a link to to the book
And also for You not broke, you pre rich
what an amazing conversation, very informative.
"You get me"- connection is key
"Money and life"- connection is vital.
I am absorbing this information ...... Thank you, definitely buying this book- Atomic Habits
Vision boards are everything and more..... That is so powerful: Know what you want to achieve, get the Vision clear!
Be kind to yourself! we all need consistency! we all need to make small changes!
Q04
Great conversation, thank you Mapalo.
My Money mistake is that I am a perfectionist. I waited too long to invest because I couldn't invest the amount of money I wanted to. Also when I started to invest, I invested with companies that were mostly selling a certain product than looking for my needs. Thanks to these kind of videos I eventually started to invest and I changed the company I was investing my money in.
I can completely relate to this ,I invested with Green company nd lost almost half of mine that I invested.can you kindly share where you’re investing
@@nqobilebhengu4544hei Nqo, I use Allan Gray balanced fund for long term and it's really giving me good returns
Bathong help Mapalo n friends
I have R3000 I want to invest for quick n better returns. I'm scared of being scammed.please advise tog 🙏 m more exposed to these crypto people and I am skeptic
I am such a fan, thank you so much for all the advice, just from your channel here and on insta, I have made smarter financial choices
Thank you so much for such an informative video 🥰. Absolutely loved it. Please provide a link to to the book
And also for You not broke, you pre rich