Make Money Mondays

Financial educator Simon Brown comes clean about his own money habits, beliefs

I want to be able to travel more… but if I have a large cost base at home… it makes it prohibitive… Winter is coming… I want to head down to Durban, and it’s a simple process… the flat is so much easier to… look after and keep clean. There’s no maintenance to worry about…

Simon Brown, Just One Lap

My folks divorced when I was 10… My mom was 19 when I was born… We were comparatively poor… We never went to bed hungry…

Simon Brown, Just One Lap

Dimension Data, in 1987, was the first share I ever bought… I paid 5.5 cents for it… It remains my single best investment… It was pure luck…

Simon Brown, Just One Lap

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week Whitfield interviewed Simon Brown, a financial educator at Just One Lap.

Brown is also a market commentator, trader and investor.

He writes a weekly column for Finweek and is a co-host of “The Week That Was” on BusinessDay TV.

He hosts and produces JSEDirect, a weekly podcast in which he comments on significant movements in the market and conducts interviews with notable people.

  • What does Brown believe about money?

  • Does it keep him up at night?

  • Does he save compulsively?

  • How did his childhood experiences of deprivation, or abundance, shape his views on money?

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

My uncle was rich, but bought everything with cash…

Simon Brown, Just One Lap

I always worked as a kid. I got my first job when I was six years old!

Simon Brown, Just One Lap

My wife and I took out retirement annuities when we were 24.

Simon Brown, Just One Lap

A little over 50% of my portfolio is in passive investments…

Simon Brown, Just One Lap

We hold on to losers… We sell too quick… We take advice from a random person at a bar…

Simon Brown, Just One Lap

It’s about making decisions, rather than just barrelling through and not thinking about it…

Simon Brown, Just One Lap

My biggest vice is, probably, first generation tech.

Simon Brown, Just One Lap

Life is comfortable.

Simon Brown, Just One Lap

I’m, probably, a bit of a boring penny-pincher…

Simon Brown, Just One Lap

My mother taught us we could be anything we wanted… We could also have anything we wanted, as long as we worked for it…

Simon Brown, Just One Lap

If I worked harder I could probably be better off, but there’s a balance…

Simon Brown, Just One Lap

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Financial educator Simon Brown comes clean about his own money habits, beliefs


Recommended

by NEWSROOM AI
Read More
'I've been poor. I remember the angst, the depression'

'I've been poor. I remember the angst, the depression'

The Money Show’s Bruce Whitfield interviews Lira about her attitude to money (hopes and fears, successes and failures, etc.).

Kahn Morbee (real name 'Dingaan') of The Parlotones opens up about his money

Kahn Morbee (real name 'Dingaan') of The Parlotones opens up about his money

The Money Show’s Bruce Whitfield interviews Morbee about his attitude to money (hopes and fears, successes and failures, etc.).

Going broke scares me, because I've been there - Darren 'Whackhead' Simpson

Going broke scares me, because I've been there - Darren 'Whackhead' Simpson

Bruce Whitfield interviews Darren ‘Whackhead’ Simpson about his attitude to money (hopes and fears, successes and failures, etc.).

'I don’t spend much. I drive an old car. I’ve never been in debt'

'I don’t spend much. I drive an old car. I’ve never been in debt'

Bruce Whitfield interviews analyst Chris Gilmour about his attitude toward money (hopes and fears, successes and failures, etc.).

Fascinating insights into what ‘The Rich and/or Famous’ believe about money

Fascinating insights into what ‘The Rich and/or Famous’ believe about money

Money, the root of all evil? Famous, rich people open up, often uncomfortably, about their money and beliefs about it.

Personal finance guru Maya Fischer-French comes clean about her own finances

Personal finance guru Maya Fischer-French comes clean about her own finances

Bruce Whitfield interviews Fischer-French about her attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
Heavy rains heading for Cape Town late Sunday night

Heavy rains heading for Cape Town late Sunday night

SA Weather Services has forecast a cold front landing in the Western Cape late on Sunday night into Monday morning.

Brutal murder of Cape surfer leaves coastal community in shock

Brutal murder of Cape surfer leaves coastal community in shock

A 38-year-old Scarborough man was hijacked, forced into the boot of his car and later set it alight.

Here are the amended level 3 water restrictions for Cape Town

Here are the amended level 3 water restrictions for Cape Town

The City has further relaxed level 3 water restrictions allowing the use of a hosepipe fitted with a self-closing system.

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.