What to do when you get paid!

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  • Опубліковано 28 сер 2024
  • Do you remember what you did with your first pay-check? What financial habits have you built since you started working?
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КОМЕНТАРІ • 36

  • @iamsibo4228
    @iamsibo4228 Рік тому +13

    I got hired/job and God lead me here wow so grateful ❤

  • @paulamagaqa1752
    @paulamagaqa1752 Рік тому +33

    My first pay check was R234, it went to towards transport. I got another job and for about 7years I spent most of my money on black tax and getting myself back to school. As my salary grew I started saving 50% of my salary, but I was still living at home. When I moved out last year I used my savings to buy a cellphone, a bed, tv, wardrobe, microwave and fridge.
    I've been busy decorating and furnishing my place since, I suffer from impatience so I buy on the spot without comparing prices. I want to get back to saving again, but I also want to get a car and the thought of that deduction makes me very nervous. I don't know if I'm discliplined enough or earning enough to carry that much of a debit order and have life insurances, RAs etc.

  • @LethoHali
    @LethoHali Рік тому +12

    What a relief hearing that we can spoil ourselves 😅

  • @itumelengmakua4762
    @itumelengmakua4762 Рік тому +25

    Yoh Mapalo … where were u when I needed you the most. Nna I drank all my first pay cheque without fear or favour 😂😂😂

  • @paulamagaqa1752
    @paulamagaqa1752 Рік тому +20

    Hey Mapalo, can you do a video about the different types of bank accounts and the pros and cons of each account.

  • @kamogelontsewa58
    @kamogelontsewa58 Рік тому +9

    Mapalo you’re sooo so beautiful!

  • @nelliemonii
    @nelliemonii Рік тому +7

    This is great and informative. I've realised I'm an enabler, there's black tax and student debt. The 'glow up' part of having a job has not happened yet, but I'm learning and willing to do better where my finances are concerned.

  • @MissCombs1511
    @MissCombs1511 Рік тому +4

    I love you with bobbed hair.. Not sure I've seen you with it before. Beautiful!
    Great advice! The part when you said "preparing mentally", changing one's mind for finances is the hardest part.

  • @janemmapula1093
    @janemmapula1093 Рік тому +3

    You are right in most instances we are enablers of financial or any kind of abuse

  • @TheBAHUBSA
    @TheBAHUBSA Рік тому +5

    Looking gorgeous😍❤️ love love the hair, I budget on an excel spreadsheet & when I go grocery shopping I dont have visibility of my spreadsheet although I have a cap amount in mind, I end up overspending

  • @Tashas_Travels
    @Tashas_Travels Рік тому +2

    I am 26yrs old and just clocking 2yrs at my job.
    I also hit my goal of saving for my Emergency fund.
    My plan is to start investing in government bonds as of May (it will be a consistent thing monthly and I will just automate those payments so that (out of sight is out of mind) comes into play.
    My question is what now? What do I save for next? 😅since investing and emergency fund are now both covered.

  • @gwenmathebula3891
    @gwenmathebula3891 Рік тому +2

    This is so so useful. Thank you ❤

  • @jamesseretlo5882
    @jamesseretlo5882 Рік тому +1

    Thank you 😊. This was more insightful

  • @NurturingYourMind
    @NurturingYourMind Рік тому

    Very insightful. Thanks Lady @Mapalo

  • @amandamurenha1295
    @amandamurenha1295 Рік тому +1

    Thank you ma'am👏

  • @nicolekurebwaseka
    @nicolekurebwaseka Рік тому +1

    Thank you for this!

  • @awandezwane1500
    @awandezwane1500 Рік тому +1

    Awesome video!

  • @WholesomeMomT
    @WholesomeMomT Рік тому +1

    This is awesome. I would love to know how to apply some of your advice as an entrepreneur with an unstable/unpredictable income. Its tough out here in business land

  • @ownitevents5325
    @ownitevents5325 Рік тому +2

    You look like Carol Manana before Carol Tshabalala

  • @amaliaiita3329
    @amaliaiita3329 Рік тому +1

    I should've listened to this before

    • @PlanB-.
      @PlanB-. Рік тому

      ᴡʜᴀᴛꜱᴀᴘᴘ±𝟏𝟐𝟏𝟑𝟔𝟓𝟕𝟎𝟑𝟕𝟎⊥👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾……….✴️✴️

  • @tinashemashao
    @tinashemashao Рік тому +3

    That is exactly mistake a lot of people making. But if you live like before and save that extra income will take you a step ahead in time. I just made a video on how to look good on a budget, check it out.

  • @refiloemofokeng2905
    @refiloemofokeng2905 Рік тому

    Hey Mapalo. Is possible to buy a car or house via tfsa after long term saving

  • @monanedimakhubela796
    @monanedimakhubela796 Рік тому

    Hey Mapalo does it apply if you are a contractor??