Financial advice from women to women

Who better to give financial advice to a woman than a female financial adviser with the sought-after and highly regarded Certified Financial Planner (CFP) professional accreditation? Seven CFPs offer words of wisdom and inspiration.

LISA LINFIELD

Know your three numbers: how much you spend; how much you need to stop work; and how much you should be investing each month to get there. We’re wired to feel safe only when we can provide for and protect our family. Not knowing if you’ll be okay creates underlying stress that won’t go away until you have a plan.

Lisa Linfield, CFP, is an author, speaker, and founder and wealth planner at Southern Pride Wealth and founder of Working Women's Wealth.

THEMBISA LUTHULI

Women, you are capable, you are enough and you are more powerful than you can imagine. Work on your financial independence so that you will never have to stay in situations or environments for the sake of financial support. Financial discipline is the first form of self love.

Thembisa Luthuli, CFP, is principal wealth advisor at PSG Wealth, Durban.

HANNAH MYBURGH

It is important to figure out what fills your cup each day so that you can wake up feeling inspired. Feeling overwhelmed and not knowing the way forward is perfectly usual. Find out what inspires you, build it into your financial plan, and strive to do that every day so that your life can be filled with unlimited possibility.

Hannah Myburgh, CFP, is a financial planner at Crue Invest.

PALESA THLOLOE

The journey to your destination should be just as enjoyable as the holiday itself. Our own biases and fear of the unknown often stand in the way of us achieving our financial goals. Taking the decision to start and then partnering with a financial planner who understands you is a great way to embark on your journey to wealth.

Palesa Thloloe, CFP, is co-founder and wealth manager at Imvelo Wealth Solutions.

PREM GOVENDER

A man is NOT a financial plan! Have a plan of your own, unique to your own needs. By all means plan your finances together with your partner, but know exactly what your worth is. Have the money conversations before you tie the knot, get to know the money habits of your other half and, above all, stay true to your own financial goals.

Prem Govender, CFP, is a financial planner at Mosswick Investments and chairperson of the South African Savings Institute.

JANET HUGO

Take some time to imagine what your future might look like. Then take the brave next step of examining all the assumptions that built that scenario. Without this reality check you can’t begin to create the future you want. Each small incremental step you take today will build your happy future.

Janet Hugo, CFP, is a director of Sterling Private Clients.

GUGU SIDAKI

Women accumulate less money over their lifetimes compared to men mainly due to being underpaid, having to parent alone and not saving or investing adequately. It’s therefore crucial for women to engage in the financial planning process as early as possible. Financial success IS achievable and should be pursued by women with urgency.

Gugu Sidaki, CFP, is a wealth manager at Wealth Creed.