22: Not sure what to do

[DrJohnZoidberg]

For the car question I think you must just ask yourself if your car is crucial to your employment and do you feel your current one is unreliable and a risk. If that's the case then maybe it's to be considered.

 

[Azg]

If the domestic is working 8 days per month, how does electricity + water + domestic come up to only R900 per month?

 

[Pineapple Smurf]

Wrong country to be doing that in IMO



I have no long distance commutes



I'm not prepared to buy property in this country



Fair enough, all though I assume you have to stick to it for around 2 years?





1. Wasn't there a whole uproar with retirement funds and the government?

2. I'm fine with waiting. I don't like spending money I don't have, unless it were on a bond.

3. I probably have +-3 years to build this. Hopefully by then i'll know where I want to live (In or outside of SA)

for a new member on MyBB your multiquoting skills are pro

 

[SauRoNZA]

Invest all of it that you can in all the most tax efficient ways possible (RA’s TFSA, Home Loans) and forget the car nonsense for as long as you reasonably can.

At worst buy the new car (a modest one) in cash from the excess you saved in your home loan.

Retire by 45.

 

[Thor]

Buy property.

What work do you do?

 

[Creag]

I'm not prepared to buy property in this country

Then save/invest it until you know what to do with it.

 

[Nicholas Lisse]

Seeing as you didn't use "only" I'm left to conclude that you believe that's high? (even though he didn't go into any detail regarding his driving habits...)

I spend about R2000/month... if I use the toy actively, that goes up to R3000.

150km commute a day.