It seems that everyone is counting down the days to “Black Friday” sales.
According to the Reserve Bank, consumer debt currently stands at R1.7-trillion, with a study by the World Bank revealing that about 25 million South African adults owe money.
We would like to ask our listeners to avoid getting caught by sales gimmicks and false discounts. Remember to plan for the necessities for the months ahead like your rent, bond, food and transport.
If it is on sale and you buy it on credit, remember that interest and fees will push up the price. Therefore, cash is king for sale items.
Don’t spend what you don’t have this means do not live beyond your means and don’t buy if you haven’t budgeted;
Set a realistic budget of what you can afford to spend at the beginning of your Black Friday/Christmas shopping and stick to it;
Don’t shop in a hurry, without a plan and place everything on your credit/ store card;
Plan carefully and pay particular attention to your budget, especially bearing in mind the additional expenses that come with the new year;
Have a shopping list to avoid buying unnecessary items if you don’t need it now, chances are you may never need it. So a void wasting your time and hard earned money
If you want to begin the New Year in a financially sound position, be aware of how you spend your money during this period and save for the New Year;
Do a budget for the festive season which includes all debt, rent, electricity, water, insurance, transport, gifts, school uniform, stationery, entertainment etc;
Don’t blow your bonus on treats. Spend Wisely and rather pay off your debts;
Shop around for specials and compare prizes; Spend wisely tomorrow and during the festive season and enjoy a financially relaxed and peaceful new year.
Remember that if you choose to ignore your budget and break the bank on Black Friday or max out your credit cards for festive shopping you may be headed for a bleak 2019.
Host of Bush Radio’s breakfast programme “The Breakfast Rush”, Yuzriq Meyer represented Bush Radio at the annual Woodstock SAPS Christmas lunch for senior citizens at the Woodstock Town Hall. We asked him to share some of the experience on this blog…
On Thursday, 17th of November 2016 the Woodstock SAPS (South African Police Service) in collaboration with the City of Cape Town hosted the annual Christmas lunch for the elderly of Woodstock & its surrounding areas.
This event takes place every year, where the police from the Woodstock area get together to throw an event all aimed at giving back to the old folks and allowing them to come out for not only a really nice lunch but also for a host of performances by influential artists, musicians and rappers from around Cape Town.
This really great initiative was nothing short of a success as the elderly, danced, laughed and had the real time of their lives.
It was a huge honour being part of such an extraordinary event.
Even more so, seeing the faces of my grandmother, your grandmother and our grandfathers faces light up with life as the artists tirelessly entertained them with sheer passion.
May next year be as successful as this and may we all do our little to give back to our communities as best we can.
Join us this Sunday, the 28th November 2010 from 12pm at The G-Spot for a Bring ‘n Braai, CD Launch and a live broadcast with Roger Lewis, Victor Davids and Wayne Mckay.
The CD features various artists who have been popular on 89.5FM. A few of the artists on the 19 track compilation are: Blackkurrant, Byron Clarke, Chad Saaiman, Alistair Izobell, Keeno Lee, The Boyz, Edith, Richard Ceasar, Tim Moloi, Thabo Mdluli, McCoy Mrubata and Shaz & B etc.
The song “Hometown” by Grant Perez featuring St. Emmo is exclusively available on this CD.