Everything Counts is a new bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help listeners improve their financial well-being. In this episode, we dive into budgeting and discuss how to manage your money better. Our expert guests, seasoned Investec financial advisor Kgomotso Motlaung and leading financial consumer journalist Maya Fisher-French, share their insights on budgeting and offer practical tips to help you take control of your finances. Whether you're just starting out or looking to improve your budgeting skills, this episode will provide the guidance you need to achieve your financial goals. Tune in now and start making every penny count! Skip ahead 00: 00 Introduction 01:12 Maya’s budgeting story 03:12 Why is budgeting important to your financial wellness? 04:11 What are the characteristics of a good budget? 07:27 How important is discipline? 09:56 How important is having conversations with your family about your budget? 13:46 What portion of your income must you set aside to save? 15:49 How does your life stage determine your budget? 17:52 How can budgeting tools assist you? 18:47 How do you put aside money to splurge? 22:07 How do you make sure you keep to your budget? 24:11 What are some of the biggest mistakes people make when drawing up a budget?