While Bellah is never short of new ideas, the problem has always been the financial management of her businesses and her cash flow. Last year her construction business had a turnover of R1.3 million, but she had no idea whether she was making a...
Money Makeover: Use a side gig to meet those money goals
Maya Fisher-FrenchJun 10, 2020
A side gig where you offer your skills or services can be a great way to earn some extra cash to settle debts, start investing, or provide for those luxuries. However before you start, you need to do your homework and make sure you understand...
Listen: Money Makeover: How to invest in property
Maya Fisher-FrenchJun 5, 2020
Have you fallen into property investing by accident? Are you an existing property investor looking to consolidate, or planning on buying your first property? In this podcast Maya (@mayaonmoney) chats to Miguel Martins of Absa Home Loans, a property...
Money Makeover: Lessons in planning a successful property portfolio
Maya Fisher-FrenchMay 27, 2020
Like many ad-hoc property investors, Colen has largely fallen into property investment by accident, grabbing opportunities as they arose. He has built a property portfolio of five properties which has put him under financial pressure. His Money...
Money Makeover: Talking money so that your partner will listen
Maya Fisher-FrenchMay 13, 2020
Any financial journey cannot progress unless your partner is on board. If you share a household, you share your finances. Money is a highly emotional topic; it is cited as the number one reason for divorce. So, having a relationship where you can...
Listen: Money Makeover: Love and Money
Maya Fisher-FrenchMay 1, 2020
Regardless of how motivated you are to improve your finances, you will struggle to make progress unless your partner is also on board. In our third City Press/ABSA Money Makeover podcast, Maya (@mayaonmoney) and Mapalo (@womanandfinance) talk...
Money Makeover: Adapting financial plans for the lockdown
Maya Fisher-FrenchApr 29, 2020
For our Absa/City Press Money Makeover candidates, the COVID-19 lockdown has been an unexpected obstacle on their journey to financial freedom. While Mishack has lost out on overtime pay, Colen is worried about his investment properties and...
Money Makeover: Avoid the slippery slope of credit dependency
Maya Fisher-FrenchApr 15, 2020
The outbreak of COVID-19 and the lockdown will have far-reaching consequences for many households. Even before this crisis, people found it hard to make ends meet as salaries failed to keep up with the cost of living. This leads to the slippery...
Listen: Money Makeover: how to manage your money when life happens
Maya Fisher-FrenchApr 3, 2020
The topic for this City Press/ABSA Money Makeover podcast could not be more relevant given the financial stress so many households are feeling with the COVID-19 crisis. Falling into a debt trap often happens because of a change in personal...
Money Makeover: Kill the credit card debt
Maya Fisher-FrenchApr 1, 2020
All of our 2020 Money Makeover candidates were struggling with credit card debt. When your spending exceeds your income, it is easy to slip into the habit of using your credit card to make it to the end of the month. But unless you are paying it...
Previous Articles
Money Makeover: Tell your money where to go
Mar 18, 2020
The first challenge for our 2020 Money Makeover contestants was to get a get a handle on where their money goes each month and to make some decisions about what they were prepared to live without in order to reach their personal goals. For all of them it was a shock...
Listen: Money Makeover – the challenge begins
Mar 6, 2020
In the first of our monthly City Press/Absa Money Makeover podcasts, we chat to Absa financial adviser Steven Williamson about how he guided last year’s winner Samke to turn her finances around in just six months. We also hear from his candidate this year, newly-wed...
The Money Makeover challenge begins
Mar 4, 2020
Each of our six City Press/Absa Money Makeover contestants has been allocated their own adviser and their tasks have been set. We have a diverse range of money challenges, from paying off debt, building a family legacy, and creating cashflow in a small business, to...
Where are the 2019 #MoneyMakeover candidates?
Feb 19, 2020
Next week we launch our 2020 City Press/Absa Money Makeover competition as we take six new contestants through a money boot camp. They have a hard act to follow as last year our five finalists exceeded all expectations. During the six-month Money Makeover competition...