Make Money Mondays, The Money Show with Bruce Whitfield

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

We never talked about money [when growing up]… I didn’t understand what pressure going to Hilton put on my parents’ shoulders…

Riky Rick

My daughter is 10 and my son is five… I tell them they have to start working early…

Riky Rick

They [cars] were a thing. Now I just want one car… I’m driving a Porsche 911… I drive the heck out of it…

Riky Rick

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week Whitfield interviewed Riky Rick, famed rapper, fashion aficionado and The Voice SA judge.

Rick (his real name is “Rikhado Makhado”) was born in KwaMashu, north of Durban.

He was raised by his maternal grandmother after his parents separated when he was still a baby.

He is one of eight siblings; all boys!

Rick shot to fame upon the release of “Nafukwa” in 2014.

  • But what is it that he believes about money?

  • Does it keep him up at night?

  • Does he spend like crazy or save compulsively?

  • How did his childhood experiences shape his views on money?

Listen to the interview in the audio below (and scroll down for more quotes from it).

It was a combination of crazy and quite [growing up in KwaMashu]… I remember a lot of joy… We were confined to our street… it was great, man… there was a sense of community…

Riky Rick

Kids are very much in their phones now… It sucks…

Riky Rick

We moved to Vienna [Austria] in Standard Two… It made me want to do something with music…

Riky Rick

I went to Hilton College… it was a bitter-sweet experience. I always knew I wasn’t the same as the other kids. I leaned towards sports and music. I was part of the choir…

Riky Rick

I have two lives. I’ve got the life of this hip hop character… there’s one side of me that’s a massive consumer… My worst consumption habit stems from fashion… it’s the fastest way to burn money!

Riky Rick

I would never want my kids to grow up in beautiful circumstances all the time… I also want them to go through a little bit of pain…

Riky Rick

At school… they should have classes on tax…

Riky Rick

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


Recommended

by NEWSROOM AI
Read More
South Africans are getting poorer and poorer at an increasing rate

South Africans are getting poorer and poorer at an increasing rate

Bruce Whitfield interviews Mike Schussler (Economists.Co.Za), Busisiwe Radebe (Nedbank) and Edward Kieswetter (Sars).

Ram Harisunker (Director) worked at Shoprite for 50 years. He started as a clerk

Ram Harisunker (Director) worked at Shoprite for 50 years. He started as a clerk

The Money Show’s Bruce Whitfield interviews Harisunker, probably Shoprite’s longest-serving employee.

Tongaat Hulett may have pulled a Steinhoff on its shareholders

Tongaat Hulett may have pulled a Steinhoff on its shareholders

It must now cut its balance sheet by about a third. Bruce Whitfield interviews Chris Logan, fund manager at Opportune Investments.

Why Inkunzi Investments is buying Capitec Bank, Telkom and Balwin Properties

Why Inkunzi Investments is buying Capitec Bank, Telkom and Balwin Properties

Owen Nkomo, CEO at Inkunzi Investments, shares his stock picks of the week on Bruce Whitfield's The Money Show.

How to get a tax refund from Sars

How to get a tax refund from Sars

The Money Show’s Bruce Whitfield interviews Daniel Baines, author of “How to get a SARS Refund”.

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

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

The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.

Popular articles
Standard Bank says comedy of errors with bond applicant 'a once off'

Standard Bank says comedy of errors with bond applicant 'a once off'

Only when consumer journalist Wendy Knowler chased Standard Bank did they admit wrongdoing that cost a client R41 000.

Dozens of families evicted from Kraaifontein farm

Dozens of families evicted from Kraaifontein farm

Plass senior researcher Dr Farai Mtero explains what the law says about evictions.

Land Claims Court ruling: 'Jubilation when judgment was handed down'

Land Claims Court ruling: 'Jubilation when judgment was handed down'

Association of Rural Advancement director Laurel Oettle praises ruling by ConCourt to uphold move to appoint a special master.

[WATCH] Ndlovu Youth Choir shines once again with latest AGT performance

[WATCH] Ndlovu Youth Choir shines once again with latest AGT performance

The inspiring South African choirU2's Beautiful Day at America's Got Talent quarter-finals.

Want to get rich? Got R100? You don’t need millions to start

Want to get rich? Got R100? You don’t need millions to start

Bruce Whitfield interviews Anthea Gardner, author of "Make Your Money Work for You: Think Big, Start Small".

SA’s richest woman opens up about being a refugee and becoming a billionaire

SA’s richest woman opens up about being a refugee and becoming a billionaire

Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).

Mystery solved: Why smelly, blue sewage has been leaking into Cape Town forest

Mystery solved: Why smelly, blue sewage has been leaking into Cape Town forest

The reason for the leakage has been revealed, explains Table Mountain Aerial Cableway MD Wahida Parker.

W Cape traffic chief: Stay close to other motorists on N2 to stay safe

W Cape traffic chief: Stay close to other motorists on N2 to stay safe

W Cape Traffic Chief Kenny Africa says private security working with the department is helping curb the stonings on the highway.

Were missing SA men victims of Vietnamese organ harvesting syndicate?

Were missing SA men victims of Vietnamese organ harvesting syndicate?

Gift of the Givers fears two South African men who went missing in Vietnam may have fallen prey to an organ harvesting syndicate.