The Swan Effect - Creating and Sustaining Your Financial Wellbeing
Money makes the world go round, and if this is true, do you struggle to understand the complex workings of finance, money and investments? Join us, Host Arthi Rabikrisson and co-host on Season 2 Malika Petersen, both women in finance, as we delve into simplifying the complexities that come with managing your finances and investments. The theory of Black Swan Events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often rationalized after the fact with the benefit of hindsight. The opposite of that are White Swan Events which are characterized as being more certain. Because life can be uncertain, there are Grey Swan areas and The Swan Effect is a monthly podcast that dives into some of those grey areas to empower persons in all walks of life to make better money decisions, and ultimately improve their relationship with money. A tribute and thank you to the late co-creator and co-host on Season 1 of the Swan effect podcast, Lucille Sikosana: you set the benchmark high, and we are proud to continue to elevate the important message on financial wellness and financial literacy globally. Your tenacity and optimistic attitude will always be the wind beneath our wings.
The Swan Effect - Creating and Sustaining Your Financial Wellbeing
Savings and Investments
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Lucille Sikosana and Arthi Rabikrisson
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Season 1
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Episode 2
Savings and Investments are two terms that are often used interchangeably . In this episode Arthi and Lucille unpack the terminology, the conflicts, similarities and the differences between the two. They also provide practical and implementable ideas on how one can save and invest.
A range of topics relating to saving and investing are covered:
- Taking a closer look at our spending habits
- A variety of saving and investing options available to you
- Why time in the market is important, and not timing the market
- The risks involved when saving and investing
- An explanation of the different rates of return
- Myths worth debunking
We would love to hear your views based on the themes covered in this episode. Please feel free to rate, write a review, and share with others.
#TheSwanEffect #FinancialWellbeing #WomenInFinance #Saving#Investing #Financialwellness
