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
Achieving Financial Freedom
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Lucille Sikosana, Arthi Rabikrisson and James Vigne
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Season 1
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Episode 4
On this episode, Lucille and Arthi are joined by guest James Vigne, founder of Villic Wealth, to discuss this crucial topic about how one can get closer to achieving financial freedom.
To help gain clarity about achieving financial freedom, James helps answer:
- The definition of Financial Freedom
- How to go about becoming financially free
- Debt and net worth - their role in relation to financial freedom
- The difference between financial freedom and financial independence
- The benefits of financial freedom
- Insights on side hustles and crypto-trades as a means towards financial freedom
- Being financially free at retirement
- How to manage the notion of financial freedom for self, if circumstances don't allow for planning
About Villic Wealth:
Villic Wealth is founded on a principle of financial stewardship and the pursuit of protecting families and building wealth.
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 #FinancialFreedom#FinancialWellbeing #WomenInFinance #Saving#Investing #Financialwellness
How does debt feature in financial freedom and what is the difference between financial freedom and financial independence?
What other goals, besides financial freedom, can one work towards in the short to medium term?
Look out for the next episode on the neuroscience behind financial decisions and more about financial coaching
