If you can offer a service like coding or accounting I’d use the cash to setup and grow a company on the side
And get customer's how? given that it is a new company with no reference or name in the industry.
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If you can offer a service like coding or accounting I’d use the cash to setup and grow a company on the side
Bitcoin is falling
Jewellery business
Big chain or mom and pop shop?
Invest and grow your business using technology somehow?
Big chain or mom and pop shop?
Invest and grow your business using technology somehow?
Should (erm) there be uncertainty with the buildup to the 2019 elections you could put a portion away for Kruger Rands / gold, but that is of course a bit more long term than what you envisage with reselling.
Have you tried selling online?Just a small shop with around 50 gold and diamond rings
There we go, smuggle rough diamonds from conflict regions, you'll make a killing, in more ways than one!?
Have you tried selling online?
I can hook you up with underground diamond cutter who will also issue you with the correct certification in your name. Clean, legal diamond out the other end. Take trip to Mozambique and bring in uncut (place in johnson & johnson baby powder bottle).
Why a baby powder bottle?I can hook you up with underground diamond cutter who will also issue you with the correct certification in your name. Clean, legal diamond out the other end. Take trip to Mozambique and bring in uncut (place in johnson & johnson baby powder bottle).
Maybe re-look at investing through something like Easy Equities? If properly invested, you could thank yourself later on!
Another decent way to make money is to buy vehicles on Auction or for cash, spend a small amount fixing up any small issues or blemishes and sell it for decent profit. Obviously you would need to have an interest in cars for this to work as you'd need to know what to look for and what NOT to look for. If I could put away R5k per month this is probably the route I would go... A friend of my dad's did this years ago and today owns a Car Dealership and is busy building not 1 but 2 holiday houses for himself. He also has Bikes, Boats... All from buying cars on Auction, cleaning them up and making decent money on them...
What do you invest in?12% is on the low end. Invest better...
You poor soul, how do you live with yourself only saving this paltry amount of money every month?:erm:
Although the way OP has posted this is quite snarky, many people with a half decent job should be earning and saving far in excess of this. Before I left SA I was saving/investing R20k - R25k each month. After about the R15k - R20k mark per month for expenses etc, then for the average person the excess becomes superficial, unless you are a moron buying a house far larger than you required and paying off fancy cars you can't afford instead of paying cash. Obviously there are people that fall outside of these general parameters but you shouldn't be doing things like having a ton of kids, sending kids to top privates schools etc.
Unfortunately people will live beyond their means no matter how much they earn so even for people earning R100k a month they may struggle to save anything.
Although the way OP has posted this is quite snarky, many people with a half decent job should be earning and saving far in excess of this. Before I left SA I was saving/investing R20k - R25k each month. After about the R15k - R20k mark per month for expenses etc, then for the average person the excess becomes superficial, unless you are a moron buying a house far larger than you required and paying off fancy cars you can't afford instead of paying cash. Obviously there are people that fall outside of these general parameters but you shouldn't be doing things like having a ton of kids, sending kids to top privates schools etc.
Unfortunately people will live beyond their means no matter how much they earn so even for people earning R100k a month they may struggle to save anything.
And get customer's how? given that it is a new company with no reference or name in the industry.
Although the way OP has posted this is quite snarky, many people with a half decent job should be earning and saving far in excess of this. Before I left SA I was saving/investing R20k - R25k each month. After about the R15k - R20k mark per month for expenses etc, then for the average person the excess becomes superficial, unless you are a moron buying a house far larger than you required and paying off fancy cars you can't afford instead of paying cash. Obviously there are people that fall outside of these general parameters but you shouldn't be doing things like having a ton of kids, sending kids to top privates schools etc.
Unfortunately people will live beyond their means no matter how much they earn so even for people earning R100k a month they may struggle to save anything.