Mikaeel Adam – a regular listener of Bruce Whitfield’s The Money Show – sent his producers the following email:
I am a 29-year-old South African global traveller (see @MyTravelRULES on Instagram).
I quit my job as an associate attorney with a large firm in Sandton for the sole purpose of travelling the world.
My wife left KPMG and her cousin who joined us left his boutique architecture firm.
When in SA, I listened to Bruce every evening, and heard stories and information about savings, annuities, the cost of retirement, savvy investing and the like.
Whilst I have always taken such info on board, there is another angle that is not often covered on the show, being that one should use money to achieve whatever makes them happy.
We are spending most, if not all of our cash, whilst leaving our investments intact.
We are happy for it, and will hopefully be financially stable upon our return.
We thought it would be wonderful to chat to you about the lighter side of saving and spending money, especially because there are young guys and gals just like us who may enjoy this "light side" of saving and spending!
Whitfield chatted to him (he's in Costa Rica).
Listen to the interview in the audio below (and/or scroll down for quotes from it).
We spend about R15 000 per person, per month.— Mikaeel Adam
We’re trying to keep our budget intact… we’re staying away from Europe, the United States…— Mikaeel Adam
There’s no itinerary. We go where we want to go…— Mikaeel Adam
We can go for another eight months or so…— Mikaeel Adam
We have our properties intact… and we have had indications from our employers that we may be able to go back… we’re sitting pretty comfortably…— Mikaeel Adam
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.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.
The Money Show’s Bruce Whitfield interviews Prof Raymond Parsons (Economist at NWU Business School) and EWN's Alex Eliseev.
What music can do for the soul, podcasts can do for the mind.
Bruce Whitfield sat down with GT Ferreira, Laurie Dippenaar and Paul Harris, the inspirational founders of Rand Merchant Bank.
It's interesting to see which The Money Show articles were most widely read in 2018; a very tough year for the economy.
Review of “Friend of a Friend: Understanding the Hidden Networks That Can Transform Your Life and Your Career” by David Burkus.
Kirstenbosch National Botanical Gardens curator Phillip Le Roux died on Wednesday after a horrific cycling accident.
Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.
Cape Town is dropping water restrictions from Level 5 to Level 3 as of Saturday, 1 December. Here's how it'll affect residents.
Sassa beneficiaries will receive their grant money on 28th of November and they are advised to use it wisely this festive season.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.