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Make More From Your Money

Tired of never quite having enough? Make your money work for you!

David Szuhanyi




Living the life you choose doesn’t happen by chance.  To become financially secure and achieve your lifestyle goals you need patience, discipline and time.  Follow these easy steps…

Have a plan

Imagine that you board an aeroplane and the captain announces that you’ve been cleared for take-off.  He informs you that it will be a bit bumpy at first but after clearing the clouds should be a smooth flight.  He goes further to say that on board is fourteen hours’ worth of fuel and that they plan to burn off that fuel and hope that when it runs out, you will land in a nice place.

Not the kind of flight you would like to be on, is it?

And yet so many of us fly like this daily.  We have a job, earn some money, spend it (hopefully save some of it) and when we reach the end of our careers, hope to be in a nice place.  Unfortunately, for many, we are not satisfied with where we end up.

A financial plan, much like a flight plan, is designed to help you arrive at your planned destination.  Sure, there will be some turbulence along the way, but revisiting your plan will ensure a safe landing.


Keeping track of your monthly expenses using a budget is an essential tool in your financial plan.  Without it, you won’t know where your money is going.  Creating a budget may seem tedious, but you might be surprised at just how valuable it can be.  A good budget can help keep your spending on track or uncover hidden cash flow problems that might free up more money to put towards your other financial goals.

The hardest part of creating a budget is sitting down and actually creating one.  Start by taking stock for a month.  Once you’ve taken the time to create a budget, it’s time to make sure you follow it.  Budgeting can be like going on a diet—you start with good intentions, but after a few weeks or months you drift away from your plan.

Here are a few steps that will ensure budgeting success:

Identify how you’re spending money.  What are the monthly expenses?  Do you go out to dinner with friends every Friday night or go to the movies once a week?  Looking at where your money is going will give you a better handle on tracking it.

Keep a journal.  In the early stages of keeping a budget, it might be helpful to keep a daily journal of your spending habits. Write down what you spend money on each day. Watch for repeated purchases which might be easily avoidable, like a trip to the coffee shop every morning.

Leave your credit card at home.  It’s very easy (and tempting) to whip out your credit card to buy one of those must-have specials.  To prevent shooting from the hip, leave your credit card at home and allow yourself time to carefully consider the purchase.


Saving isn’t possible for everyone: repaying debts may take priority and it’s only possible to save when you have ‘spare’ money.  When you’re living to a strict budget there might be little or no spare money to set aside.

Unexpected events happen, the car breaks down or medical treatment is required, and these unplanned expenses can place you under financial pressure.  Living below your income allows you to save thereby creating an emergency fund to cushion the financial blow of a potential crisis.

Another important reason to save money is your retirement.  The sooner you start saving for retirement, the less you will have to save in the future.  As you continue to contribute over time you will be earning more interest on the money you have, then you put in each month.

David Szuhanyi CFP® is an executive financial planner at Consolidated Financial Planning and presents TALKING MONEY on Kowie FM. Consolidated is a national financial planning practice with offices in Western Cape, Johannesburg, Tshwane, Eastern Cape and KwaZulu-Natal. David Szuhanyi is based in the Eastern Cape. For more information visit or e-mail

Personal Finance

6 Ways To Develop A Millionaire Mindset

Chasing money has remarkably little to do with getting rich.



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If you truly want to have a million dollars, you must first be and think like a millionaire. By doing so, you will attract the necessary resources to you.

So, you want to become a millionaire entrepreneur? You’re not alone. Many dream of leaving their job and becoming their own boss, enjoying the various millionaire lifestyles we watch on TV. But there’s a difference between those who dream of becoming millionaires and those who do. And it begins and ends with mindset. If you don’t develop that mindset, you will continue to spin your wheels, working just as hard, but never going anywhere.

Developing a millionaire mindset requires you to stretch your thinking. Start by developing the following six attributes.

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Personal Finance

4 Ways To Become A Millionaire Even When You Start With Little

It costs nothing to take advantage of the limitless opportunities online.

Timothy Sykes




The hardest part of becoming successful is getting started to begin with. But despite the challenges ahead of you, there’s a way to become a millionaire when starting with little. I’m going to show you four reasons why you can become a millionaire with just a small investment.

1. First focus on learning, not big gain

Education is your greatest weapon. Focus on learning in the beginning. Don’t make the mistake of focusing on making huge gains in the beginning. Learn everything you can because this is how you build the foundations for long-term gains.

Related: 21 Choices Millionaires Make That You Aren’t Making But Should Be

They say that if a millionaire goes bankrupt they’ll nearly always be able to get it back. And that’s because they might have lost their money, but they have the knowledge of how to get back to where they need to be.

2. You can learn loads about any topic online


I’m grateful for the internet. It’s the single biggest library in the world. You’re reading this article right now and you’re acquiring knowledge you wouldn’t have been able to acquire 40 years ago.

Use the internet to its fullest extent, whether that’s through reading books, browsing articles or watching video tutorials. Set some time aside every day to learn something online. It could be a video series or a favorite blog.

When you get into the habit of learning regularly you’ll find that you advance much faster.

3. Focus on the niche you love

These days you can learn about anything and target the niche you’re passionate about.

This is what I was able to do with penny stocks. I found a gap in the market and provided knowledge to people who wouldn’t have otherwise being able to access this sort of information.

You can do that with absolutely any niche. When you find a niche you’re passionate about and you use the reach of the Internet you start to make huge gains.

4. Prove your expertise by creating free content

Your reputation as an authority is the new business card. There’s a reason I created a penny stock guide and made it free for all. You may have already seen ads for it on social media. The way to succeed with little is to create a reputation through your content.

Related: How To Become A Millionaire, Explained In 1 Minute

It’s the gateway to success because through free content you start to build relationships with others who value your work. And from there everyone gets richer.

You can do lots with a little

The days when you needed a huge investment to become successful are long gone. These days you can do so much with just a little. Find what you love, advance your knowledge in that area, and create a product that fulfills a need. Finally, work on building up relationships through portraying yourself as an authority on your subject.

Combine everything together and you can accomplish anything.

This article was originally posted here on

Related: 13 Habits Of Self-Made Millionaires You Could Adopt Today

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Personal Finance

10 Tips To Become A Millionaire This Year

Becoming a millionaire requires changing your mindset and implementing some changes.

Murray Newlands



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Becoming a millionaire may seem out of your reach, but it’s possible with the right attitude and guidance. The fact of the matter is your income can only grow as quickly as you do, so you need to change your mindset to achieve your goal of becoming a millionaire.

Once you have a millionaire mind, you can’t lose it, no matter what financial or business mistakes you make along the way. To get yourself there, you’re going to need some structure. To help you, I’ve outlined the top ten tips you should follow to become a millionaire this year.

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