Site url: https://www.momentum.co.za/momentum/campaigns/general/geldhelde-money-heroes-2022-choosing-a-financial-adviser
Pagecontext: org.apache.jasper.runtime.PageContextImpl@133ea6a0
NameValue
breadcrumb.start.level4
param.sharing.scope.{http://www.ibm.com/xmlns/prod/datatype/content}ibm.portal.sharing.scope.page
param.sharing.scope.{http://www.ibm.com/xmlns/prod/datatype/content/resource-collections}ibm.portal.sharing.scope.page
param.sharing.scope.{http://www.ibm.com/xmlns/prod/websphere/portal/v8.0/portal-contextual-portal}ibm.portal.sharing.scope.page
wcm.template.oidZ6_48GC1K80O0FH90QS83FHN530K6
flush.cache?01102021
param.sharing.scope.{http://www.ibm.com/xmlns/prod/websphere/portal/publicparams}path-infoibm.portal.sharing.scope.page
breadcrumb.enabledtrue
param.template.pageZ6_48GC1K80O0FH90QS83FHN530K6
param.sharing.scope.{http://www.ibm.com/xmlns/prod/websphere/portal/v7.0/portal-contextual-portal}ibm.portal.sharing.scope.page
hide.from.menutrue
dynamic.sitemapfalse
param.sharing.scope.{http://ibm.connections.com/portlet}ibm.portal.sharing.scope.page
label.namepersonal
sitecontext:personal
ibm.template.oidZ6_48GC1K80O0FH90QS83FHN530K6
menu
Watch Money Heroes this week to get tips to help you find the right financial adviser that will help you achieve your financial goals.

Choosing a financial adviser

We get financial opinions on a Saturday night at a braai from friends and family, and almost every day from our favourite influencers. But is that really financial advice?

Finding a finance partner is like finding a life partner. It can be daunting as you want to be able to trust the person you’re sharing your aspirations and savings goals.

A good financial adviser will partner with you to help you keep track of your financial goals and isn't afraid to disagree with you when you become emotional about money.

Most South Africans save very little of their salary every month

In a recent survey conducted in January 2022 among 2 702 Moneyweb readers, the majority indicated that they save less than 15% of their salaries (76% of respondents) while 35% indicated that they don’t save at all.

LIFEHACK

3 tips to help you choose the right financial adviser

  • The golden rule is that your financial adviser must be your partner – someone you can trust and who has a good track record.
  • Find a real fiduciary – someone who is registered and legally accredited to give you advice.
  • Learn about the different types of advisers and what services they provide and if they align with your needs.

LIFEHACK

3 tips to help you choose the right financial adviser

  • The golden rule is that your financial adviser must be your partner – someone you can trust and who has a good track record.
  • Find a real fiduciary – someone who is registered and legally accredited to give you advice.
  • Learn about the different types of advisers and what services they provide and if they align with your needs.

Stanley Gabriel, CEO of Momentum Investo, gives you guidance about how your biases can stand in the way of your financial goals. He also explains how important it is to find a financial adviser that is aligned with your goals. Choose the right financ
EPISODE 2: CHOOSING A FINANCIAL ADVISER

Let's have a financial heart-to-heart

We all have behavioural biases, known as psychological biases, which lead us to think differently. It can deviate us from thinking rationally or having good judgement.

Additionally, we seek information that confirms our existing opinions. This means that the way we reason, and should reason end up being different, and this gap often leads to bad decisions.

Our emotional biases lead us to believe in things that positively affect our emotions, even if there's evidence to the contrary.

We don't like accepting hard facts that are unpleasant to us. Because your financial adviser has your best interests at heart, they can help lessen these biases and change your behaviour towards reaching your savings goals.

Create a #MomentumShift by partnering with a Momentum financial adviser to get #AdviceForSuccess.

Catch Hymne Landman next week - she will give you insights on how to get rid of your debt and save at the same time!
COMING UP NEXT WEEK
EPISODE 3 | 26 MAY 2022

How to manage debt

You may think that you have too much debt to save. But that’s where you’re wrong. Now that you have the right financial adviser in your corner, you’ll be able to create a financial plan to get you out of debt and start saving simultaneously. Stay tuned!

Find the right financial adviser for you

The tips from this week’s episode may just be what you need to make a #MomentumShift. Speak to a financial adviser today.

12 May 2022

In case you missed last week’s episode: learn more about financial planning

Catch Money Heroes re-runs on via DStv,
channel 147

Mondays at 06:00, Wednesdays at 13:30 and 19:30, Thursdays at 11:30, and Sundays at 18:00.

Join the conversation

Sharpen your knowledge and get #AdviceForSuccess

.
Facebook icon

@MomentumZA

Twitter icon

@Momentum_za

LinkedIn icon

Momentum_2

Instagram icon

@momentumza

YouTube icon

momentumgrouptv

TikTok icon

@momentum_za

We and our selected partners use cookies to enhance and personalise your experience on our website.Please see our cookie policy for more information.

To enhance your user experience on our site, learn more about our supported browsers

Your browser's cookies are disabled. Enable cookies to ensure our website functions correctly. View our Privacy Notice.

Tell us more!

We're always looking for ways to improve your online experience. Please take a moment to complete the
2-minute questionnaire.