Make Money Mondays

SuperSport United’s Michael Morton gets real about money

I drive a Corsa bakkie… and we rent a little two-bedroom.

Michael Morton, SuperSport United

I was 18 when I started investing in a retirement annuity.

Michael Morton, SuperSport United

I have a Tax Free Savings Account that I max out.

Michael Morton, SuperSport United

We don’t live extravagantly; I don’t need a lot.

Michael Morton, SuperSport United

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” feature.

This week he spoke to SuperSport United’s Michael Morton.

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

It’s a bit of a stereotype [that all footballers are rich].

Michael Morton, SuperSport United

The football money will end.

Michael Morton, SuperSport United

I was raised by a single mom that was a school teacher. We never wanted for much, but we weren’t wealthy.

Michael Morton, SuperSport United

I got R1000 per month at the age of 16 for playing football. I thought I was very rich!

Michael Morton, SuperSport United

At one stage I had five properties… I should probably have done property funds instead.

Michael Morton, SuperSport United

I finished a BComm and I’m finishing up a personal training course soon. I’d like to study to become a Certified Financial Planner.

Michael Morton, SuperSport United

There’s not enough financial advice in football in South Africa.

Michael Morton, SuperSport United

The best money decision I’ve ever made was marrying a likeminded person.

Michael Morton, SuperSport United

I’ll never tell a kid to pin his hopes on a footballing career.

Michael Morton, SuperSport United

Money is freedom.

Michael Morton, SuperSport United

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Article brought to us by Old Mutual.

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