Streaming issues? Report here
volume_up
volume_mute

Up Next: Early Breakfast with Abongile Nzelenzele
See full line-up

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.).

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


30 August 2019 2:06 PM

More from The Money Show with Bruce Whitfield

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.).

Read More arrow_forward

'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.).

Read More arrow_forward

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.

Read More arrow_forward

I come from having very little, to having a lot - Craig Gradidge

28 August 2019 6:31 PM

The Money Show’s Bruce Whitfield interviews Gradidge about his attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

Former Morning Live co-anchor Tracy Going opens up, gets vulnerable about money

22 August 2019 6:04 PM

Former Morning Live co-anchor Tracy Going opens up about her attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

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

20 August 2019 7:58 PM

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

Read More arrow_forward

How to calculate how much money you need to never have to work again

6 August 2019 6:34 PM

How much is enough? Is there a simple calculation? Warren Ingram, a personal financial advisor at Galileo Capital, explains.

Read More arrow_forward

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

31 July 2019 8:17 PM

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

Read More arrow_forward

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

29 July 2019 6:36 PM

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

Read More arrow_forward

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

24 July 2019 6:02 PM

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

Read More arrow_forward