Streaming issues? Report here
volume_up
volume_mute

Up Next: Early Breakfast with Abongile Nzelenzele
See full line-up
Home
arrow_forward
Business
arrow_forward
Lifestyle

13 tips for saving hundreds (nay, thousands!) of rands each month

3 June 2019 6:30 PM
Tags:
Warren Ingram
Money
Save
Save money on groceries
Personal finance
How to save money
save money
make ends meet
making ends meet
The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.
Money is too tight to mention in Mzansi right now. Photo credit: www.pexels.com (2018)

--

The economy is toast.

The Money Show’s Bruce Whitfield interviewed Galileo Capital’s personal finance expert Warren Ingram.

Ingram gave the following tips for making ends meet:

  • Make your coffee at home.

  • Don’t order drinks at restaurants, just ask for tap water.

  • Buy your goods in bulk. Make a list of the consumable items that you and your family use the most. Compare prices at your supermarket to what you would pay for the same items in bulk (e.g. toilet paper, toothpaste, soap, etc.)

  • Cancel your TV subscription and switch to a streaming service.

  • Listen to the radio – it’s free!

  • Review your insurance – don’t cancel your insurance but you should ensure that you are getting the best deal possible. It pays to shop around.

  • Buy your vegetables direct – shopping for veggies directly from a farmer or green grocer can often be much cheaper.

  • Stay out of the shopping malls as a form of entertainment – rather go outdoors, plan walks or do events at home with friends where everyone brings their own drinks and a dish to share.

  • Cancel memberships – if you are not going to gym, why are you still paying for it?

  • Make food at home and freeze it for meals at work.

  • Eat more veggies and less meat.

  • Consider a solar geyser or at least buy a geyser blanket (R200 can save you thousands in electricity over time).

  • Review your expenses – go through your last three months of bank statements to see what silly expenses you have that can be cut.

For more detail (and more suggestions); listen to the interview in the audio below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : 13 tips for saving hundreds (nay, thousands!) of rands each month


3 June 2019 6:30 PM
Tags:
Warren Ingram
Money
Save
Save money on groceries
Personal finance
How to save money
save money
make ends meet
making ends meet

More from MyMoney Online

help-drowningjpg

Drowning in debt? Two legal ways of clawing your way out of bondage…

18 February 2020 2:35 PM

South Africans are getting deeper into debt. Ismail Lagardien interviews Sylvia Walker, a financial planner.

Share this:
Read More arrow_forward

broken-heart-broke-money-coins-finances-love-relationship-divorce-break-up-123rf

How much should couples know about each others' money?

14 February 2020 2:35 PM

For most people, it's not easy to talk about money with a partner. Financial planner Sylvia Walker has advice.

Share this:
Read More arrow_forward

household-bills-debt-expenses-money-finances-black-young-couple-worried-123rf

South Africa’s middleclass is drowning in debt and getting poorer and poorer

10 February 2020 1:49 PM

The weak economy is "pushing people back into poverty from the middleclass", according to Debt Rescue CEO Neil Roets.

Share this:
Read More arrow_forward

house-mortgage-bond-home-rent-family-123rf

Get a risk-free, tax-free return of 10% on a fully accessible investment

10 February 2020 12:53 PM

Personal finance expert Paul Theron (CFP) discusses saving in an “access bond” and why it’s a near no-brainer.

Share this:
Read More arrow_forward

group-of-seven-g7-countries-economy-summit-123rf

Can’t or won’t emigrate? Stay in SA while your money makes money abroad

10 February 2020 10:11 AM

Refilwe Moloto and Pieter Koekemoer (Head of Personal Investments at Coronation Fund Managers) discuss offshore investing.

Share this:
Read More arrow_forward

doctorjpg

Your expensive medical aid is woefully inadequate, but cheap gap cover helps

21 January 2020 1:16 PM

Despite the huge expense, few medical aids cover members in full when they're hospitalised, leaving them with massive shortfalls.

Share this:
Read More arrow_forward

Woman piggy bank

Budgeting for people who can’t or won’t ever budget

13 January 2020 2:38 PM

Not the budgeting type? Certified Financial Planner Paul Roelofse explains the “30/30/40” budgeting without budgeting hack.

Share this:
Read More arrow_forward

money

How to draw up a 'personal balance sheet' to determine your 'net worth'

6 January 2020 2:23 PM

How much are you worth? Paul Roelofse, a Certified Financial Planner, gives a template for you to copy and adjust.

Share this:
Read More arrow_forward

mtn-sim-reusablejpg

Why Anchor Capital is buying MTN, Sibanye and Transaction Capital

9 December 2019 7:34 PM

The Money Show’s Bruce Whitfield asks Peter Armitage (CEO at Anchor Capital) for his stock picks of the week.

Share this:
Read More arrow_forward

Airport departure

Considering emigration? Financial planner discusses the affordability of leaving

6 December 2019 11:04 AM

Can you afford to leave South Africa? Certified Financial Planner (CFP) Barry O'Mahony on what to consider before deciding.

Share this:
Read More arrow_forward

More from Personal Finance with Warren Ingram

stock market crash.jpg

Is the US stock market heading for a crash like the DotCom bubble in 2000?

20 February 2020 7:57 PM

The US market has a big impact on all markets and when they get flu, South Africa sneezes.

Share this:
Read More arrow_forward

stress-black-man-papers-laptop-work-tax-fees-money-finance-woes-businessjpg123rf

This is the last month you can do any tax planning for the year

6 February 2020 8:23 PM

We ask financial planner Warren Ingram to help get our tax ducks in a row.

Share this:
Read More arrow_forward

invest.JPG

This is how you should invest your money for the next decade

23 January 2020 7:57 PM

Personal Finance - Tips on how to invest your money.

Share this:
Read More arrow_forward

Cash money rands

Need some help with your 2020 personal finance goals?

9 January 2020 7:59 PM

Do you need some help to set your financial goals this year?

Share this:
Read More arrow_forward

debt-managementjpeg

How to know if your finances are on track after a lousy year

12 December 2019 8:05 PM

How do you measure if you are financially on track after a lousy year?

Share this:
Read More arrow_forward

Airport departure

Considering emigration? Financial planner discusses the affordability of leaving

6 December 2019 11:04 AM

Can you afford to leave South Africa? Certified Financial Planner (CFP) Barry O'Mahony on what to consider before deciding.

Share this:
Read More arrow_forward

Mother teaches young daughter saving 123rfbusiness 123rfpersonalfinance 123rf

Schools don’t teach personal finance - how to raise a future millionaire

18 November 2019 8:38 AM

Personal finance expert Warren Ingram (Galileo Capital) on how to raise financially free children.

Share this:
Read More arrow_forward

Karatbars

Karatbars – is it a scam? The case for and against…

15 November 2019 10:06 AM

Bruce Whitfield interviews senior Karatbars representatives, a financial advisor and someone who was invited to its conference.

Share this:
Read More arrow_forward

No yes maybe

Why you should ignore (conventional) personal finance advice before retirement

1 November 2019 3:09 PM

Most personal finance advisors suggest reducing “risk” a year or two before retirement. Ignore them, reckons Warren Ingram.

Share this:
Read More arrow_forward

freedom breaking free

Formula for calculating how much you need to never have to earn a salary again

25 October 2019 2:13 PM

Personal finance expert Warren Ingram on how to determine your “financial freedom number”. There's a simple formula.

Share this:
Read More arrow_forward

More from The Money Show with Bruce Whitfield

sugar-bowl_spoon.jpg

PwC report finds accounting irregularities at Tongaat Hulett

2 December 2019 12:36 PM

The Money Show's Bruce Whitfield chats to Opportune Investments fund manager Chris Logan.

Share this:
Read More arrow_forward

Black Friday shoppers shopping consumerism 123rfbusiness 123rflifestyle 123rf

FNB processes almost 3,000 transaction per second on 2019 Black Friday

2 December 2019 11:16 AM

The Money Show’s Bruce Whitfield chats to CEO Jacques Celliers on the impact the day had on South African bankers.

Share this:
Read More arrow_forward

180323 Cape Town International Jazz Festival 2018 5

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

14 October 2019 11:07 AM

Bruce Whitfield interviews Sipho Hotstix Mabuse about his attitude toward money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Piggy bank

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

14 October 2019 10:30 AM

You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.

Share this:
Read More arrow_forward

South African passport

'Emigration is draining skills, destroying the future of South Africa’s economy'

10 October 2019 3:37 PM

Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.

Share this:
Read More arrow_forward

Income tax

How to get a nice, fat tax refund from Sars (a guide for business owners)

9 October 2019 2:57 PM

The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".

Share this:
Read More arrow_forward

jeremy-mansfieldjpg

Jeremy Mansfield gets real about his money and beliefs about it

13 September 2019 1:03 PM

Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Albie-Sachs.jpg

'We had a disdain for money. Material possessions counted for so little'

12 September 2019 3:20 PM

Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

riky-watch-ricky-rick-live-as-we-prepare-for-huawei-joburg-day-2018

My daughter (10) and son (5) must start working early - Riky Rick

30 August 2019 2:06 PM

Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

used-car-salesmanjpg

Buying a used car? New app sends mechanic to inspect it before you decide

28 August 2019 8:16 PM

Hanru Reyneke is on a mission to disrupt the used-car industry in South Africa by providing peace of mind to punchdrunk consumers.

Share this:
Read More arrow_forward