Life-Stage Investing: How to Build Wealth in Your 20s, 30s, 40s & Beyond

Listen to this episode from Honest Money on Spotify. In this final episode of the investment series, Warren Ingram and Pieter de Villiers discus the importance of personalized investment strategies across different life stages. The conversation covers practical case studies for individuals aged 20-35, 35-50, and 50-65, emphasizing the need for budgeting, emergency funds, and retirement planning. They highlight the significance of living below one's means, the impact of lifestyle choices on financial health, and the necessity of adapting investment strategies as life circumstances change. TakeawaysThere isn't only one way to achieve an outcome.Be humble and know you don't have all the answers.Live below your means from early days.Start saving 15% of your income for retirement.Your best investment will always be in yourself.You can't hit all the goals at once.Take care of yourself first before your children.This is the time to be ruthless around your finances.Don't rush into buying a new car.Be creative in finding ways to generate income.Learn more about Prescient Investment Management here.Send us a textHave a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod