Gugu Sidaki's guest appearances

Gugu Sidaki

The Lisa Linfield Show

Financial Planners South Africa

Take Charge of Your Money

Lisa Linfield

Sara Price

Robin Meyers

Tamar Mar

Tiffany Alexy

Steve Sanduski

Greg Davies

George Kinder

Gloria Mitchell

Anna Lundberg

Monica Shah

Adam Holt

Lauren Cohen

Mary Martin

Mary Baird-Wilcock

OwlTail

Take Charge Of Your Money podcast with Brendan DaleSeason 2, Episode 7 - 2 May 2022Sponsored by Naked - The new way to insure your stuffFuneral policies are big business in South Africa. They play a vital role in helping us in a time of need, but, many people use them as a replacement for life cover. Or, they take multiple policies thinking that they can enrich themselves, which doesn't work out.There is great value in Funeral Cover, but there are also many misconceptions! Todays guest is Gugu Sidaki (find here on Twitter @gugusidaki). Gugu is a Certified Financial Planner, co-founder of Wealth Creed, author, and speaker. Main topics discussed:0:00 Podcast into and thanks to my sponsor1:27 Gugu Sidaki, CFP2:54 Why are funeral policies so popular?3:52 How does funeral cover work?5:07 Are funeral policies worthwhile?8:48 Having multiple policies for the same person11:08 Financial Advisors vs Financial Planners13:50 Cancelling a policy16:45 Reasons why a policy would not pay out21:06 Closing thoughtsNotesFuneral policies would usually pay out within 48 hours, giving you the financial cover you need to bury a loved one. It's not however meant to make you rich.There is a limit of R100k cover per individual - irrespective of how many policies you may have.It's worth discussing cover for family members as it does not make sense to all take out policies for each other.Top tips from Guru SidakiRead your policy document!Ask questions!Don't take out policies as a replacement for life cover - it doesn't work like that!Articles on Funeral CoverDo you need funeral cover?Learn about personal financeOver 20 curated articles to read in sequence to help you start your personal finance journeyGet an instant insurance quote from NakedPS - this episode was recorder using Riverside - check it out

Take Charge Of Your Money podcast with Brendan Dale Season 2, Episode 7 - 2 May 2022 Sponsored by <a href="https://app.naked.insure/e/HPIyJmtLMpb" rel="nofollow" target="_blank">Naked - The new way to insure your stuff</a> Funeral policies are big business in South Africa. They play a vital role in helping us in a time of need, but, many people use them as a replacement for life cover. Or, they take multiple policies thinking that they can enrich themselves, which doesn't work out. There is great value in Funeral Cover, but there are also many misconceptions! Todays guest is Gugu Sidaki (find here on Twitter <a href="https://twitter.com/gugusidaki" rel="nofollow" target="_blank">@gugusidaki</a>). Gugu is a Certified Financial Planner, co-founder of Wealth Creed, author, and speaker. Main topics discussed: 0:00 Podcast into and thanks to my sponsor 1:27 Gugu Sidaki, CFP 2:54 Why are funeral policies so popular? 3:52 How does funeral cover work? 5:07 Are funeral policies worthwhile? 8:48 Having multiple policies for the same person 11:08 Financial Advisors vs Financial Planners 13:50 Cancelling a policy 16:45 Reasons why a policy would not pay out 21:06 Closing thoughtsNotes<ul><li>Funeral policies would usually pay out within 48 hours, giving you the financial cover you need to bury a loved one. It's not however meant to make you rich.</li><li>There is a limit of R100k cover per individual - irrespective of how many policies you may have.</li><li>It's worth discussing cover for family members as it does not make sense to all take out policies for each other.</li></ul> Top tips from Guru Sidaki<ul><li>Read your policy document!</li><li>Ask questions!</li><li>Don't take out policies as a replacement for life cover - it doesn't work like that!</li></ul>Articles on Funeral Cover <a href="https://takechargeofyourmoney.blog/2021/11/09/do-you-need-funeral-cover/" rel="nofollow" target="_blank">Do you need funeral cover?</a>Learn about personal finance <a href="https://takechargeofyourmoney.blog/2021/01/23/learn-about-personal-finance/" rel="nofollow" target="_blank">Over 20 curated articles to read in sequence</a> to help you start your personal finance journey <a href="https://app.naked.insure/e/HPIyJmtLMpb" rel="nofollow" target="_blank">Get an instant insurance quote from Naked</a> PS - this episode was recorder using <a href="https://riverside.fm/?utm_campaign=campaign_1&amp;utm_medium=affiliate&amp;utm_source=rewardful&amp;via=brendan-dale" rel="nofollow" target="_blank">Riverside - check it out</a>

The good and bad of funeral policies with Gugu Sidaki

Gugu is the Director, Co-founder and Wealth Manager at Wealth Creed. She talks with Louis about her journey to becoming an adviser, starting her own advice practice, financial literacy and how she educates clients to have better conversations around money. Gugu Sidaki LinkedIn:  https://www.linkedin.com/in/gugu-sidaki-cfp%C2%AE-a384836b/Wealth Creed Website:  https://www.wealthcreed.com/ For more information on PortfolioMetrix reach out to our team or follow us on LinkedIn. https://www.portfoliometrix.com/za/ Asset-Map. Deliver advice, faster. https://www.asset-map.com/south-africa Visit https://www.allangray.co.za/ to learn how we build long-term wealth for clients. Join the XY platform:App Store: http://co.xyadviser.com/xyistoreGoogle Play: http://co.xyadviser.com/xygplayDesktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Gugu is the Director, Co-founder and Wealth Manager at Wealth Creed. She talks with Louis about her journey to becoming an adviser, starting her own advice practice, financial literacy and how she educates clients to have better conversations around money. Gugu Sidaki LinkedIn:  <a href="https://www.linkedin.com/in/gugu-sidaki-cfp%C2%AE-a384836b/" rel="nofollow" target="_blank">https://www.linkedin.com/in/gugu-sidaki-cfp%C2%AE-a384836b/</a> Wealth Creed Website:  <a href="https://www.wealthcreed.com/" rel="nofollow" target="_blank">https://www.wealthcreed.com/</a> For more information on PortfolioMetrix reach out to our team or follow us on LinkedIn. <a href="https://www.portfoliometrix.com/za/" rel="nofollow" target="_blank">https://www.portfoliometrix.com/za/</a> Asset-Map. Deliver advice, faster. <a href="https://www.asset-map.com/south-africa" rel="nofollow" target="_blank">https://www.asset-map.com/south-africa</a> Visit <a href="https://www.allangray.co.za/" rel="nofollow" target="_blank">https://www.allangray.co.za/</a> to learn how we build long-term wealth for clients. Join the XY platform: App Store: <a href="http://co.xyadviser.com/xyistore" rel="nofollow" target="_blank">http://co.xyadviser.com/xyistore</a> Google Play: <a href="http://co.xyadviser.com/xygplay" rel="nofollow" target="_blank">http://co.xyadviser.com/xygplay</a> Desktop: <a href="https://www.xyadviser.com/" rel="nofollow" target="_blank">https://www.xyadviser.com/</a> General Disclaimer – <a href="https://www.xyadviser.com/disclaimer/" rel="nofollow" target="_blank">https://www.xyadviser.com/disclaimer/</a>

#6 Gugu Sidaki

Were you ever taught financial literacy? Did your parents ever talk to you about money? Do you feel that you are adequately equipped to become financially free? Research says that by the time a child is seven, they’ve already formed financial habits (they learn by simply watching their parents), and so it’s important to both TEACH and DEMONSTRATE good financial practices from an early age. My guest this week, Gugu Sidaki, talks family responsibility (and the importance of planning for it), financial literacy for children, and the concept of being financially free. “Money is an enabler”, she says, “if you’re able to educate somebody about managing their money, you’re literally able to change their lives.”

Were you ever taught financial literacy? Did your parents ever talk to you about money? Do you feel that you are adequately equipped to become financially free? Research says that by the time a child is seven, they’ve already formed financial habits (they learn by simply watching their parents), and so it’s important to both TEACH and DEMONSTRATE good financial practices from an early age. My guest this week, Gugu Sidaki, talks family responsibility (and the importance of planning for it), financial literacy for children, and the concept of being financially free. “Money is an enabler”, she says, “if you’re able to educate somebody about managing their money, you’re literally able to change their lives.”

118 Empowerment through financial literacy with Gugu Sidaki