4 signs you’re living beyond your means in South Africa

[BusinessTech]

4 signs you’re living beyond your means in South Africa

Momentum outlines four major indicators of poor financial management in South Africa.

 

[air]

How apt, is an indicator of poo(r) financial planning...

 

[Dan C]

Go for it! You only live once.

 

[Madhawk]

“Not having sufficient money left at the end of the month is the first indicator of POO financial planning and indicates that you are living paycheck to paycheck.”

You’ve got that right….

 

[epah]

You could get shot and killed in broad day light, might as well use every bit of money you earn and have no savings.

 

[Pudding McTwinkle]

You could get shot and killed in broad day light, might as well use every bit of money you earn and have no savings.

r/bestbadadvice

 

[Mike Hoxbig]

Not having sufficient money left at the end of the month is the first indicator of poo financial

Anyway dumbasses who can't live within their means. How dare they pay more for stuff when they should have predicted inflation and interest rates spiralling out of control...

 

[Pegasus]

Anyway dumbasses who can't live within their means. How dare they pay more for stuff when they should have predicted inflation and interest rates spiralling out of control...

Maybe an understanding of business / economic cycles will help these dumbasses prepare.

Economic Cycle: What It Means and 4 Phases of Business Cycles

The economic cycle is the ebb and flow of the economy between times of expansion and contraction.

www.investopedia.com

 

[Harmonic]

Has anyone forwarded this to doekkop?

 

[koeks525]

More or less standard pointers in the article that people should be following. I have heard of people maxing out their credit cards, which still sounds bizarre to me.

One thing I would also add to the list is for people to consider their source(s) of income and establish whether that is good or changes need to happen. For example, working at a job that is severely underpaying you is also bad for financial health.

 

[6spdmanual]

One day, i won’t be a salary slave and will write articles like this.