A credit card is a terrible evil if you can’t control it.— Warren Ingram, Galileo Capital Financial Advisor
Don’t go grocery shopping when you’re hungry!— Warren Ingram, Galileo Capital Financial Advisor
Do you have a spending habit that’s hard to break?
Ingram gave the following five tips to help you reign in your spending:
Use cash when you go shopping.
Credit cards make it easy to overspend. If you only use cash; you can’t spend what you don’t have.
Give yourself a weekly allowance.
Set up your budget. Then determine how much you can spend each week on fun stuff like eating out and draw that cash once a week. If you blow it all in one night; you need to stay home for the rest of the week.
Use a shopping list.
Prepare your shopping list for groceries at home and only buy what is on your list. Don’t buy extras!
Use a cooling off period.
Found a gadget or new clothing item that you “must” have? Take 24 hours before you go back to the shop to buy it.
Let someone else shop for you.
Make use of online shopping or get a friend or family member to shop for you (you can do the same for them). Doing this keeps you from buying on impulse.
Listen to the audio below for more detail.
Bruce Whitfield interviewed EWN reporter Rahima Essop and Prof Somadoda Fikeni, Adviser to Unisa's Vice-Chancellor.
The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.
The Money Show’s Bruce Whitfield interviews Investec Asset Management Economist Nazmeera Moola.
The Money Show’s Bruce Whitfield interviews Corruption Watch Executive Director David Lewis.
In other words; you’re probably a victim. The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.
Bruce Whitfield interviews Tax Ombud Judge Bernard Ngoepe.
ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.
Fees Must Fall activists singing the national anthem with a new melody and phrases calling it a 'decolonised national anthem'.
After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?