13 tips for saving hundreds (nay, thousands!) of rands each month
(This interview happened on 5 July 2018.)
The economy is toast.
Ingram gave the following tips for making ends meet:
Make your coffee at home.
Don’t order drinks at restaurants, just ask for tap water.
Buy your goods in bulk. Make a list of the consumable items that you and your family use the most. Compare prices at your supermarket to what you would pay for the same items in bulk (e.g. toilet paper, toothpaste, soap, etc.)
Cancel your TV subscription and switch to a streaming service.
Listen to the radio – it’s free!
Review your insurance – don’t cancel your insurance but you should ensure that you are getting the best deal possible. It pays to shop around.
Buy your vegetables direct – shopping for veggies directly from a farmer or green grocer can often be much cheaper.
Stay out of the shopping malls as a form of entertainment – rather go outdoors, plan walks or do events at home with friends where everyone brings their own drinks and a dish to share.
Cancel memberships – if you are not going to gym, why are you still paying for it?
Make food at home and freeze it for meals at work.
Eat more veggies and less meat.
Consider a solar geyser or at least buy a geyser blanket (R200 can save you thousands in electricity over time).
Review your expenses – go through your last three months of bank statements to see what silly expenses you have that can be cut.
For more detail (and more suggestions); 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:
From side hustles to investment income; Mduduzi Luthuli (Luthuli Capital) on creating multiple streams of income.Read More
What is "social signalling?" Gushwell Brooks interviews Mduduzi Luthuli, a cofounder at Luthuli Capital.Read More
"What the IRR is doing is not in the best interest of the savers of SA," Wierzycka told The Money Show's Bruce Whitfield.Read More
Veteran stockbroker David Shapiro schools The Money Show’s Bruce Whitfield on investing post-Covid and into the next few years.Read More
Bruce Cameron discusses with Bruce Whitfield his new book on securing your retirement, despite corruption and the smashed economy.Read More
There’ll be many opportunities for frontier investors in the coming years, says Absa's Somaya Joshua.Read More
The rand was just recently trading at a six-month high. Arabile Gumede interviews Bianca Botes (Peregrine Treasury Solutions).Read More
"It's brilliant! The jokes are actually funny," says Cameron in his review of "Manage Your Money Like a Grownup".Read More
The Money Show’s Bruce Whitfield interviews Kevin Lings, Chief Economist at Stanlib Asset Management.Read More
The Money Show’s Bruce Whitfield interviews Roy Douglas, CEO at ADvTECH.Read More
Low interest rates and plenty of deals on offer - personal finance guru Warren Ingram points out the pitfalls on The Money Show.Read More
Warren Ingram explores the options, focusing on case study of guest house owner whose investments equal outstanding bond amount.Read More
Bruce Whitfield and personal finance expert Warren Ingram get to grips with why perhaps you shouldn't, if you didn't...Read More
On The Money Show, finance expert Warren Ingram explains why he believes the pros of the regulation outweigh the cons.Read More
Need the inspiration to save? The Money Show’s Bruce Whitfield interviews “Supersaver Julia” at around 7:15 pm tonight.Read More
Personal financial adviser Warren Ingram says active fund managers in South Africa have had a terrible time.Read More
Warren Ingram, wealth creator, answers listeners' questions about safe investing in anxious times.Read More
Did you know that the Trustees of retirement funds don’t have to pay it out to your nominated beneficiary?Read More
What is the concept of "market timing" and how can it help investors?Read More
The Covid-19 pandemic and the economic destruction in its wake has left some of us wondering if we'll ever be able to retire.Read More
The Money Show's Bruce Whitfield chats to Opportune Investments fund manager Chris Logan.Read More
The Money Show’s Bruce Whitfield chats to CEO Jacques Celliers on the impact the day had on South African bankers.Read More
Bruce Whitfield interviews Sipho Hotstix Mabuse about his attitude toward money (hopes and fears, successes and failures, etc.).Read More
You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.Read More
Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.Read More
The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".Read More
Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).Read More
Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).Read More
Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).Read More
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