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The Fat Wallet Show from Just One Lap

The Fat Wallet Show is a show about questions. It’s about admitting that we don’t know everything, but that we’re willing to learn. Most of all, it’s about understanding as much as we can to make us all better investors. Phrases like, “I’m not sure” or, “Let me look that up and get back to you” or, “I don’t know” don’t exist in the financial services industry. If you ever had a financial question you were too embarrassed to ask, you know what we’re talking about. In this business, appearances matter, and nobody wants to seem like they don’t know how things work or what the outlook is for the buchu industry. It’s easy to excuse that little vanity, except that people in the investment industry are meant to service investors - people like you and me who need to figure out what to do with our money. There’s no such thing as a stupid question in this show. If you have unanswered financial questions, this is your opportunity to have them answered in a way that even I can understand. Pop them to us at ask@justonelap.com. Hosted by Kristia van Heerden and Simon Brown
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Dec 20, 2020

In honour of Christmas this Friday, this week’s episode is the first ever Fat Wallet fairytale, written by Suzanne for her daughter Nina. 

Happy Holidays, everyone!


Win of the week: Suzanne

I just want to say thank you for the great work that you are doing. I know that we as a society tend to use the word EMPOWERING quite loosely, but there is no better way to describe how I personally have experienced this whole journey into personal finance. I also feel it has made me a better parent to my kids – that can now guide and empower them on their own road to financial independence. 

I attach a little Christmas Fairytale I wrote for my daughter,  that I hope you will enjoy – and as a little ode to a Fairy Godmother that you may recognize……


A CHRISTMAS FAIRYTALE FOR MY DAUGHTER

As smart as a whip, and with a feisty personality to match,

Princess Nina was considered by all to be quite the catch.

But frowns of worry have been darkening her day,

For on the eve of her sixteenth birthday, she was unsure of her way…….

 

“OH”, she cried, while munching on her two-minute noodles,

“This world has to offer me oodles and oodles,

Yet I am unsure of what I need to do!

I know I am a Princess, and being one too,

Cinderella and Rapunzel I should probably like you,

And don’t forget Snow White, she is in the mix too.”

 

“But, being rescued has never really been my vibe,

I think I am more part of the Katniss Everdeen tribe.

I wear my hair in a bob, and can really whack a hockey ball,

I don’t really mind people, but love dogs more than all.”

 

“I have no desire to be rescued by a prince,

To me that sounds about as appealing as a bowl of pets mince!

I don’t want to toil away my days in some remote castle tower,

I want to learn Korean, travel the world and find my own Power!”

 

It was then that it happened, in a flash she appeared,

The extremely tall fairy godmother, all mothers-in-law feared…

She was known through the land from north to south,

For her sensible advice ….and her potty mouth.

 

“Girl”she exclaimed, ”I heard your pleas,

And I think you are cooler than the fucking bee’s knees,

So in your future there will be no dwarfs, prince’s or even a count…..

What you get is a Tax Free Savings Account.

 

With the whip of her wand, she quickly set about,

to set up an Easy Equities TFSA account….

“That is it”, she cried,” my magic is done!”

“Now, my dear princess, starts all the fun.”

 

“You will go out into the world, and chase those dreams!,

But you will also be smart, and live within your means.

You will graft at your craft, and your joy will be astounding,

You will also be saving a shitload, and experience the magic of compounding.”

 

“This blessing and wisdom I bestow upon you,

Is not one to be horded, but for you to share with other princesses too.

So should Cinderella come crying about her boring days,

Or Rapunzel curse about her man’s whoring ways…….”

 

“You can exclaim: “Girl, I hear you cries,

so let me sort for you, the truth from the lies…..

You don’t need to live your life as prescribed,

Where fate is fate, and choice is denied.

 

You don’t need a blesser, or a large inheritance amount,

You need a Tax Free Savings Account!”

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