People survive on debts. They are Faking it by all means ππππ
The average South african spends R100 a day R35 on transport R45 on food and R20 on airtime.
Add R2500 rent and R2000 water and electricity which comes to a total of R7500 pm.
That's the amount of money you need in order to have all the basics.
Now let's add alcohol on top of that R7500
A six pack costs R100 and R150 in the club 5 six packs a weekend plus a bottle of whiskey that's equivalent to R1000 per weekend times four R4000 add that to the R7500 you get R11500.
Let's add clothing and hair for guys R1500 pm on clothing accounts for females R1000 on clothing and R1000 on hair
Add that to to R11500 your now sitting on R13500.00
Now let's add car installment and insurance average person spends R3500 pm
Add that to R13500 you get R17000
These are average costs of bieng an average South African pm
I've excluded children from different baby mama's I've excluded Moet I've excluded the stuff you buy to impress girls. Also the Gucci and lui V that you wear. Ive also excluded the resturants and vacations that you take on a monthly basis. because the cost then will be around R35000.00.
Then if the average cost of living in the CBD especially is R17000 how are people surviving? The answer is simple.
People survive on debt. They are Faking it by all means. The youth of today most are black listed before 30 because they already ruin their credit record's.
It's hard to be average now imagine how hard it is being fancy?
We put so much pressure on each other on social media. We lie to ourselves and also to each other. At the end of the day most people are suffering. All the flashing you see out there is debt.
We've become slave's to materialism we have absolutely no money to save after pay day.
If you really want to get out of this debt trap stop moving with the crowd. You can't get rich doing what others are doing.
Sacrifice 5-10 years of your life investing your money so that you could one day experience true finacial freedom not debt.
#Sakhile
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1 Comments
Eish sad truth. Abanye bathi life is too short. It's not easy to safe up or invest.
ReplyDeleteI know that's why most of us blacks are poor. The reason why most white people are well off it's because they take life policies for their children.
And when it's time to cash in, they buy houses cash, simple cars.
Long story short. It's not easy to safe up