Great video man! The amount you guys are saving is REALLY impressive. You're gonna be wealthy fo shaw someday. In other news, I want to second the comment I read by Terry. Cape Town rental costs are BRUTAL. Btw, my wife is from Sasolburg! :D I'll be there over Christmas if you wanna high five. Oh, if you aren't already I would highly recommend Afrihost for data on your phone, their prices are incredible. (feel free to let me know if you've found a better deal - I also prepay for my phones upfront then go rogue with my data)
Thanks Gabriele! I really appreciate the comment! I always look at savings as relative to income. Having a savings rate of 30% on an income of R10 000 per month is much more impressive for me than on R 100 000, because of the fixed costs of housing, transport and sometimes food. I was very hesitant to publish this video, as it might attract some criticism, but what is most important to me is transparency in that if I claim to save 30% of my income, then I also need to show how much I earn and spend, as that is the difficult part that very few people want to talk about. Oh that's really cool! We literally stay just next to the Vaal river, so basically in between Gauteng and the Free State haha. I currently use the FNB Connect SIM where I pay R 96 for 100 minutes and R 109 for 2GB all networks valid for 30 days. And because I am on Level 5 eBucks of the Premier account, I get an additional 30 minutes, 30 SMS's and 2GB data. So basically 130 minutes, 4GB and 30 SMS's for R 205 per month. I also checked out your website. It is REALLY neat and professional! Well done! I can see the value that you provide and it is great to see your skills come alive in your work. My wife recently started with Digital art and she is really enjoying it. I think it is a very important space to step into seeing how the world is moving towards a digital era.
@@MoneyMarx It takes big ones to be honest about anything on the internet, so I commend you! Thank you so much for the kind words! I really enjoy selling ecommerce, it's an amazing experience to have your income come from an international source. SA should really be helping me more since I'm bringing foreign investment via my SARS contributions! haha The entertainment industry is on fire atm, ever since toyota (corolla) showed up it's been going warp speed. More opportunities and more people getting into this stuff than EVER before. It's crazy. I had a lunch along the Vaal a couple years ago and a snake came to say hello (I don't think it was a good one so we made like Norris).
@@1on1artschool Haha jah thats true! I think we have so many more opportunities than the generation before us and it only makes sense to try and jump on the band wagon before it takes off. We also love the online content creation world as it is another form to express ones creativity 💪
@@MoneyMarx 100% I have been such a fan with the way my business runs that I'm now thinking of starting a small side hustle using the same online approach (I have you to thank for inspiring me :) )
Excellent stuff that I can relate to ! Appreciate your openness and honesty , the general public has the perception that vets are making a killing financially .
Thanks Kenny. Jah it seems like everyone thinks vets earn a ton, but even though we do make a decent living, our salaries pale in comparison to other professions which also require a 6 year degree.
Game changer video! Thank you to you and your wife for giving us something we can relate to. This has inspired me tremendously. There were so many things in this video that made me reconsider certain financial purchases I had in the pipeline. BRILLIANT humour, as always!
Thanks for the excellent comment as always! 😀 Jah haha I hope that others can learn from our mistakes and I am glad to hear that you were able to resonate with the video as well. I am curious, what financial purchases are you reconsidering?
@@MoneyMarx Two purchases in particular: I don't even need a car because I work from home but I've been considering buying a new car for a while but as the excitement brewed, it went from small and economical to a massive 4x4 in my head (keeping up with the Jones') but then I see how okay you are with your Puegot (no offense hihi) and it makes me realize how much money I can save if I stop falling prey to society's trends. I was also considering buying some new furniture for a living room make over which now seems totally unnecessary.
Hey man. That's awesome to hear! The earlier you start with a side hustle the more time you have to build it into a successful business. It definitely does not happen overnight, and it is a lot of hard work, but if you are determined to succeed you can do it! :)
Great sequal to the previous spending video. I'm only 18 so I thankfully haven't thought that much on budgeting because I don't spend much but it's still very insightful and hopefully I can start off on a good note in future years when I actually earn an income. Great video
Hey Patrick. Thanks for the nice comment! It is really awesome to see someone your age showing an interest in your financial future! You are way ahead of everyone else just by actively trying to learn every day. Even if you spend and earn little, tracking your expenses is a really good habit to get into as it will teach you discipline and awareness. And if you can keep your expenses relatively low while you increase your income and save the difference, you will be well on your way to early retirement. 💪
Pieter this was an amazing and extremely courageous video. Thank you. I have been dreading reconciling my actual expenses to my budgeted expenses because I already know I spend way too much on food and take out.
Thank you Thandiswa. It can be quite scary when you first do it, but once you see the actual numbers in front of you you get a much better grip on your finances and gives you a nice baseline to improve on moving forward. The reality is, we all overspend on some form or another, so it is not unusual to be shocked haha.
Hi Pieter, dis so goed en insiggewend dat jy hierdie inligting deel. Om ons kosrekening af te bring is ek op die oomblik bietjie obsessed daarmee om slegs by Pick n Pay en Checkers elke naweek te koop wat op special is, en dit is wat ons dan die week eet. En ek limit my Woolies aankope ook tot specials en regtig net sekere goed, soos koffiebone. Ek stockpile maar (binne perke) non-perishable kos op sale, asook goed soos toiletpapier, skoonmaakgoed en personal hygiene items, want ek verwag alles gaan duurder raak binnekort met die petrolprys. Ek sit my maandelikse kos- en petrolbegroting ook op my Tyme Bank kaart vir die Smart Shopper punte, en het my Standard Bankrekening na die R5 opsie geskuif - baie beter, nou werk dit so R40 per maand uit! Dankie vir jou videos!
Hey Michelle. Baie dankie vir die great tips! Wat ek regtig van hou van hierdie gemeenskap op CZcams, is dat ons almal hier is om mekaar te help. Die eerste stap is maar altyd om te weet mens het n probleem (soos ons wat te veel op groceries en bankkoste spandeer) en dan as mens dit deel met ander dan kan almal hul insette gee en mekaar help! 😀 Ons is nou ook baie meer intentional waar ons koop. Ons het onlangs level 5 eBucks bereik by FNB en fokus hard om net by sekere winkels te koop en petrol in te gooi. Ek sal graag oor so paar maande weer n video wil maak om te wys hoe ons ons uitgawes gesny het, so hierdie tips is baie waardevol wat jy gegee het 💪
Thanks Thotyelwa. Jah it is really powerful once you get into the habit of tracking your expenses and it is always good to compare it with the previous months/years so that you can see if you are improving or not. Most important thing is to only compare with yourself, not others. :)
Great video. .. I hope people start breaking that taboo of "MONEY don't speak " so people can have a proper education about money and its management in LIFE
Exactly Imazighan! It is not easy exposing one self by discussing your personal income and expenses, but it is for this very reason why many people are bad with money because they are not aware of how much they spend on things and whether or not this is too much when compared to others
Pieter, baie dankie vir die video. Ek wens vir julle slegs voorspoed toe. Ek bly net om die draai, Sal graag 'n koffie eendag saam jou wil gaan drink. Baie goeie en insiggewende video.
Lekker man Pieter. Het die video baie geniet. En hier dog ek 5k is baie vir kos vir 2 mense! 😁 Goeie genade. Maar ons kan net beter doen hiervandaan af. ☺️ Mooi bly.
Haha dankie Xenith. Jah nee dit is nogals shocking. Maar soos jy se, ons kan net beter van hier vorentoe. Beplan om dit met so 40-50% te sny, so darem het ons nou iets om voor te mik 😅
Hey Terry. Yes, we were also shocked when we took a deep dive into our expenses. As I've mentioned in the video, we were falling into consumerism and had we not put in the effort to track our expenses, we would probably have continued to do so. We are aiming to cut this down by 40-50% this year as this is way too much for two people.
Was thinking the same thing. Personally that's about 5+ month's grocery spend in our household. But then again I'm extremely frugal by nature, so I'm always hunting for a bargain
@@frugalrhino Jeez that is really impressive! How many people are in your household? Would you mind sharing some tips and tricks on how you guys are able to keep your grocery bill so low?
Hey Madi. It is quite slow on Sunday evenings to be honest and sometimes we have to watch Netflix on 360p instead of 1080p haha, which is not ideal I guess, but it is sufficient for our needs and one thing that we are happy to cut back on in order to bring down our expenses :)
@@MoneyMarx case of first checking what fiber providers you have in your area. I think Telkom's R450 for 25/25Mbps is the cheapest you can get fixed line, then Herotel at R490.
Great video man! The amount you guys are saving is REALLY impressive. You're gonna be wealthy fo shaw someday. In other news, I want to second the comment I read by Terry. Cape Town rental costs are BRUTAL. Btw, my wife is from Sasolburg! :D I'll be there over Christmas if you wanna high five. Oh, if you aren't already I would highly recommend Afrihost for data on your phone, their prices are incredible. (feel free to let me know if you've found a better deal - I also prepay for my phones upfront then go rogue with my data)
Thanks Gabriele! I really appreciate the comment! I always look at savings as relative to income. Having a savings rate of 30% on an income of R10 000 per month is much more impressive for me than on R 100 000, because of the fixed costs of housing, transport and sometimes food. I was very hesitant to publish this video, as it might attract some criticism, but what is most important to me is transparency in that if I claim to save 30% of my income, then I also need to show how much I earn and spend, as that is the difficult part that very few people want to talk about.
Oh that's really cool! We literally stay just next to the Vaal river, so basically in between Gauteng and the Free State haha. I currently use the FNB Connect SIM where I pay R 96 for 100 minutes and R 109 for 2GB all networks valid for 30 days. And because I am on Level 5 eBucks of the Premier account, I get an additional 30 minutes, 30 SMS's and 2GB data. So basically 130 minutes, 4GB and 30 SMS's for R 205 per month.
I also checked out your website. It is REALLY neat and professional! Well done! I can see the value that you provide and it is great to see your skills come alive in your work. My wife recently started with Digital art and she is really enjoying it. I think it is a very important space to step into seeing how the world is moving towards a digital era.
@@MoneyMarx It takes big ones to be honest about anything on the internet, so I commend you! Thank you so much for the kind words! I really enjoy selling ecommerce, it's an amazing experience to have your income come from an international source. SA should really be helping me more since I'm bringing foreign investment via my SARS contributions! haha
The entertainment industry is on fire atm, ever since toyota (corolla) showed up it's been going warp speed. More opportunities and more people getting into this stuff than EVER before. It's crazy.
I had a lunch along the Vaal a couple years ago and a snake came to say hello (I don't think it was a good one so we made like Norris).
@@1on1artschool Haha jah thats true! I think we have so many more opportunities than the generation before us and it only makes sense to try and jump on the band wagon before it takes off. We also love the online content creation world as it is another form to express ones creativity 💪
@@MoneyMarx 100% I have been such a fan with the way my business runs that I'm now thinking of starting a small side hustle using the same online approach (I have you to thank for inspiring me :) )
Excellent stuff that I can relate to ! Appreciate your openness and honesty , the general public has the perception that vets are making a killing financially .
Thanks Kenny. Jah it seems like everyone thinks vets earn a ton, but even though we do make a decent living, our salaries pale in comparison to other professions which also require a 6 year degree.
Game changer video! Thank you to you and your wife for giving us something we can relate to.
This has inspired me tremendously.
There were so many things in this video that made me reconsider certain financial purchases I had in the pipeline.
BRILLIANT humour, as always!
Thanks for the excellent comment as always! 😀 Jah haha I hope that others can learn from our mistakes and I am glad to hear that you were able to resonate with the video as well. I am curious, what financial purchases are you reconsidering?
@@MoneyMarx Two purchases in particular: I don't even need a car because I work from home but I've been considering buying a new car for a while but as the excitement brewed, it went from small and economical to a massive 4x4 in my head (keeping up with the Jones')
but then I see how okay you are with your Puegot (no offense hihi) and it makes me realize how much money I can save if I stop falling prey to society's trends.
I was also considering buying some new furniture for a living room make over which now seems totally unnecessary.
Great video pieter keep up tye good work!
Thanks Siyabonga, will sure try! :)
I'm so grateful for finding this channel
Welcome to the family Mello! :)
R6k rent for 2 beds. Cries in Capetonian.
Haha jah most of my family stays in Cape Town, so I understand the pain 😅
Hahaha same
YUP! Eina over here.
Yeah man Cpt rent is scary!
Like 10k less than CPT’s rental for a similar property.
You're such a cool dude
I'm a young 23 year old man and you've opened my eyes alot
Thank you for the transparency 🙏
Hey man. That's awesome to hear! The earlier you start with a side hustle the more time you have to build it into a successful business. It definitely does not happen overnight, and it is a lot of hard work, but if you are determined to succeed you can do it! :)
Great sequal to the previous spending video. I'm only 18 so I thankfully haven't thought that much on budgeting because I don't spend much but it's still very insightful and hopefully I can start off on a good note in future years when I actually earn an income. Great video
Hey Patrick. Thanks for the nice comment! It is really awesome to see someone your age showing an interest in your financial future! You are way ahead of everyone else just by actively trying to learn every day. Even if you spend and earn little, tracking your expenses is a really good habit to get into as it will teach you discipline and awareness. And if you can keep your expenses relatively low while you increase your income and save the difference, you will be well on your way to early retirement. 💪
Pieter this was an amazing and extremely courageous video. Thank you. I have been dreading reconciling my actual expenses to my budgeted expenses because I already know I spend way too much on food and take out.
Thank you Thandiswa. It can be quite scary when you first do it, but once you see the actual numbers in front of you you get a much better grip on your finances and gives you a nice baseline to improve on moving forward. The reality is, we all overspend on some form or another, so it is not unusual to be shocked haha.
Hi Pieter, dis so goed en insiggewend dat jy hierdie inligting deel. Om ons kosrekening af te bring is ek op die oomblik bietjie obsessed daarmee om slegs by Pick n Pay en Checkers elke naweek te koop wat op special is, en dit is wat ons dan die week eet. En ek limit my Woolies aankope ook tot specials en regtig net sekere goed, soos koffiebone. Ek stockpile maar (binne perke) non-perishable kos op sale, asook goed soos toiletpapier, skoonmaakgoed en personal hygiene items, want ek verwag alles gaan duurder raak binnekort met die petrolprys. Ek sit my maandelikse kos- en petrolbegroting ook op my Tyme Bank kaart vir die Smart Shopper punte, en het my Standard Bankrekening na die R5 opsie geskuif - baie beter, nou werk dit so R40 per maand uit! Dankie vir jou videos!
Hey Michelle. Baie dankie vir die great tips! Wat ek regtig van hou van hierdie gemeenskap op CZcams, is dat ons almal hier is om mekaar te help. Die eerste stap is maar altyd om te weet mens het n probleem (soos ons wat te veel op groceries en bankkoste spandeer) en dan as mens dit deel met ander dan kan almal hul insette gee en mekaar help! 😀 Ons is nou ook baie meer intentional waar ons koop. Ons het onlangs level 5 eBucks bereik by FNB en fokus hard om net by sekere winkels te koop en petrol in te gooi. Ek sal graag oor so paar maande weer n video wil maak om te wys hoe ons ons uitgawes gesny het, so hierdie tips is baie waardevol wat jy gegee het 💪
@@MoneyMarx Dis 'n lekker uitdaging - ek sien uit na die opvolg video!
I enjoyed this video because you can see how did you do previous year per month. I think i should do this
Thanks Thotyelwa. Jah it is really powerful once you get into the habit of tracking your expenses and it is always good to compare it with the previous months/years so that you can see if you are improving or not. Most important thing is to only compare with yourself, not others. :)
Great video. .. I hope people start breaking that taboo of "MONEY don't speak " so people can have a proper education about money and its management in LIFE
Exactly Imazighan! It is not easy exposing one self by discussing your personal income and expenses, but it is for this very reason why many people are bad with money because they are not aware of how much they spend on things and whether or not this is too much when compared to others
Pieter, baie dankie vir die video. Ek wens vir julle slegs voorspoed toe. Ek bly net om die draai, Sal graag 'n koffie eendag saam jou wil gaan drink. Baie goeie en insiggewende video.
Hey AJ. Baie dankie! Ek waardeer dit opreg! :) Waar bly julle? Sasolburg?
@@MoneyMarx My meisie in Sasol en ek in Potch, maar ek is elke naweek in Sasol en Vanderbijl... Hou so aan met die videos :)
Yoh that food bill!! Haha I'm also guilty though. Woolies has amazing stuff.
Yup Woolies is corrosive to a wallet. Will need to go to Checkers more often haha
Thank you
Lekker man Pieter. Het die video baie geniet. En hier dog ek 5k is baie vir kos vir 2 mense! 😁 Goeie genade. Maar ons kan net beter doen hiervandaan af. ☺️ Mooi bly.
Haha dankie Xenith. Jah nee dit is nogals shocking. Maar soos jy se, ons kan net beter van hier vorentoe. Beplan om dit met so 40-50% te sny, so darem het ons nou iets om voor te mik 😅
No judgement but your grocery expense is some people's salary. 🙃 I am actually shocked 😲 😯
Hey Terry. Yes, we were also shocked when we took a deep dive into our expenses. As I've mentioned in the video, we were falling into consumerism and had we not put in the effort to track our expenses, we would probably have continued to do so. We are aiming to cut this down by 40-50% this year as this is way too much for two people.
Was thinking the same thing. Personally that's about 5+ month's grocery spend in our household. But then again I'm extremely frugal by nature, so I'm always hunting for a bargain
@@frugalrhino Jeez that is really impressive! How many people are in your household? Would you mind sharing some tips and tricks on how you guys are able to keep your grocery bill so low?
R482 for internet, I'm so jealous. I hope it's good speed with no throttling
Hey Madi. It is quite slow on Sunday evenings to be honest and sometimes we have to watch Netflix on 360p instead of 1080p haha, which is not ideal I guess, but it is sufficient for our needs and one thing that we are happy to cut back on in order to bring down our expenses :)
Isn't there uncapped fibre that is R500? instead of having a 90GB cap?
Hey Prince. I'm not sure, do you know of a provider that offers such a deal?
@@MoneyMarx case of first checking what fiber providers you have in your area. I think Telkom's R450 for 25/25Mbps is the cheapest you can get fixed line, then Herotel at R490.
@@Masterrunescapeer Thank you, please check my next comment to maybe add if I'm wrong