Cash Club: Investment FAQs

Njabulo NsibandeCash Club, Latest

The Cash Club Blog is just over a year old, and the response has been amazing. I’ve even made new friends in the process! Over the past year, a lot of people asked me money-related questions, which often have been answered on The Fat Wallet Show by Kristia and Simon. However, after a friend enquired ...

Cash Club: Portfolio housekeeping

Njabulo NsibandeCash Club, Latest

Earlier this year we did a Wild and Tax-Free podcast with Kristia, Simon, Stealthy Wealth, Patrick McKay and Carly Barnes, where we discussed our tax-free portfolio strategies. Stealthy mentioned that he takes his RA portfolio into account when making decisions on what to buy for him and his family. This led me to think hard ...

Cash Club: 2019 Savings Challenge

Njabulo NsibandeCash Club, Latest

In my previous blog, I listed my goals and challenges for 2019. This month I’m lining up another challenge for the year. In December, I saw a tweet by @your_money_blog promoting a 52-week savings challenge. It’s pretty simple - you save money for every week of the year, as per the image below: It’s kind ...

Cash Club: #2019goals

Njabulo NsibandeCash Club, Latest

Every year brings new goals. In 2018, Kristia posed the following challenge: to not increase your expenses when you receive an increase. With this in mind, here are my goals and challenges for 2019. The most important thing I learned in 2018 is the importance of an emergency fund that is easy to access. So ...

Cash Club: Saved by my piggy bank

Njabulo NsibandeCash Club, Latest

Early last year I bought a piggy bank (or as we call it in the hood, “isketekete”). The one I got is impossible to open unless you cut it open. I put in my change from buying at the shops and toll gates etc. Every month I would put R100 as a standard. This was ...

Cash Club: How I started my investment club

Njabulo NsibandeCash Club, Latest

Let me share a story of how I started my investment club. A year ago I watched a video by Nicolette Mashile on Facebook. In this video, she proposed a stokvel of 20 people contributing R5,000 each a month, making it a R1.2m a year stokvel. This can buy a nice investment property every year ...

Cash Club: Compounding vs inflation

Njabulo NsibandeCash Club, Latest

A while ago I shared a tweet showcasing an ad for a Thai bank. The ad tells the story of a boy who was disciplined enough to save all his pocket money to buy a telescope. The only problem is that he kept his savings in a money box. When he finally saved enough to ...

Cash Club: How paying debt is like an increase

Njabulo NsibandeCash Club, Latest

Sometimes (perhaps not often enough) we get some extra money - be it a salary increase, a promotion at work, side hustles paying off, for some lucky folks a chunky enough dividends from their various investments. What to do with this extra money? Do I upgrade the quality of my life? Should I contribute extra ...

Cash Club: Start where you are

Njabulo NsibandeCash Club, Latest

I am a big fan of Simon’s JSE Direct podcast. In this podcast he reminds us to focus on getting into the habit of investing rather than on the goal. As a newbie investor and someone who is quite passionate about financial education, especially as a member of the middle class, this got me thinking. ...