The cost of living in South Africa keeps on rising.
Ingram discussed ways to reduce lifestyle costs:
Get a solar geyser.
Arrange your transport differently (e.g. carpooling, ridesharing, etc.).
Investigate network options within your medical aid.
Cancel the loyalty program on your medical aid.
Review your cellphone contract and stop changing your phone every 18 months.
Shop for groceries differently (e.g. greengrocers and small retailers instead of national chains).
Change the way you watch TV.
- Buy children’s school clothes from a clothing bank.
Cancel your short term insurance (but do shop around for the best deal).
- Stop saving unless you’re retired.
- Increase the share allocation of your investments.
For more detail; 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:
Recommendedby NEWSROOM AI
Arabile Gumede interviews Discovery Life chief executive officer Hylton Kallner on The Money Show.
Unless you're über-rich, saving money is a must. But it’s not easy. Arabile Gumede talks to personal finance expert Warren Ingram.
It started with Steinhoff, then just kept going. South Africa is becoming uninvestable, warns consultant Nick Pitro.
Merchants are not allowed to process refunds on debit cards, warns consumer journalist Wendy Knowler.
The offer was unsolicited. Bruce Whitfield interviewed Matome Ratlabala, Chief Investment Officer at Africapaciti Group.
FNB is targeting unbanked township businesses with its financial products. Bruce Whitfield interviews GG Alcock ("KasiNomics").
The National Credit Amendment Bill aims to help indebted consumers earning less that R7,500 per month, restructure their debt.
Daily Maverick's Mantshantsha says the country has been waiting a long time for the economy to be turned around.
Mail & Guardian investigative editor Thanduxolo Jika unpacks the Public Protector's legal battles.
Joint law enforcement operation after visitors in Cape Town complained of being coerced into paying R50 to park on the street.
Stolen from her mother's bedside as a newborn 22 years ago, Zephany or Miché Solomon as she is now known, tells her story.
The designer and businesswoman passed away on Wednesday night following a brief illness, her company confirmed.
Home Affairs Minister Aaron Motsoaledi says Qatar has also relaxed entry requirements for SA citizens.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.