Thanks for dropping by Safe Investing South Africa. I am on a journey to build wealth my way. For any questions or comments, feel free to contact me.

8 Jul 2019


Another interesting weekend chat with a blog reader and Facebook follower, Ms B about property investing for beginners. This reader has an impressive kind of discipline. I like having chats with young investors.
Hi Mbini,
I have been following your blog and Facebook posts about real estate on your timeline and on Facebook groups. I was hoping you could advise. I just sold one of my properties expecting a return of R80,000. The property was financed by the bank.
I do have another property, which I bought for cash for R650,000. I also have some cash loan and credit card debt which amounts to R90,000.
I drive an old small car with 260,000 km mileage. The car needs to be replaced but I'm not sure of the route I should take when buying a car. I know I will have to settle my debt first.
Is there a way that my paid up property can assist in acquiring more real estate investments?
Thank you.
Ms B
property investing for beginners
I get a lot of questions related to property investing for beginners. I hope that unpacking the reader's situation will empower more readers. I posed a few questions to Ms B to get more clarity on her current financial situation.
Mbini: Do you plan to acquire more investment property or different kinds of investments?
Ms B: Yes, I want to invest in more property. I will be settling R60,000 of the debt by the end of next month. You may also advise otherwise.
I'm very worried about Ms B's R90,000 personal loan and credit card debt. This is very expensive debt. I would prefer the property debt to credit card debt. The interest rate one is charged by banks on the credit card debt and personal loan is quite high. It is advisable to pay up the debt as Ms B already plans to.

Coming to the paid up property. If this paid up property worth R650,000 is a rental unit, I would have preferred to owe on it instead. Property debt is a much cheaper debt. Interest rates on property are much more competitive than on the credit card. 

The other important factor to consider is the debt's tax efficiency. Interest on the homeloan attracts the tax deduction. This is one of the biggest benefits of investment property. The main aim is to minimize tax liability. To keep the overall taxation low, an investment property with some debt on it is more desirable.
Finally, if I were in Ms B's shoes, I would work on accessing money from my existing property and settle my personal loan and credit card debt, if at all possible. Accessing cash from a property can be done by refinancing the paid up property. The cash would then be used settle the debt and towards investing in the second investment property. It is very important to make sure that the interest rate one is charged  on the new homeloan is competitive. Even better, one must make sure that the new mortgage is an access bond facility, to ensure that cash is easily accessible in future. 
Ms B: Let me think about it, do more research and get back to you with more questions. I like your thinking, thank you. My challenge is always trying to play it safe.
Mbini: I can see that. Playing safe in investing does not always work. All the best.
We will be posting more on property investing for beginners in future, especially given the current poor economic climate. 

Feel free to email your questions through our contact page. I trust that you have started with the savings challenge. We have four steps and groups. 1. Debt pay-up, 2. Emergency Fund, 3. Other Savings Accounts, and 4. Investments. Please do keep moving. Start slow but do not stop. For daily motivation like us on Facebook, Twitter and/ or Instagram.

30 Jun 2019


My first month of goal setting did not go very well. A month is too long for one to remember their goals apparently. I was supposed to check my list every Sunday. I did not. Oh well. The personal finance goal review for June goes...
Personal Finance Goal Review

NET WORTH: I will have to check the values of all my investments and real estate debt, add determine the net worth. ROUGHLY DONE


OTHER SAVINGS: 32 days notice account. I  was supposed to top this up. NOT DONE


REAL ESTATE: I am only doing repairs to and cleaning up the property that will have new occupants mid-June. DONE

STOCKS AND DIVIDENDS: Exchange Traded Funds (ETFs), invest. NOT DONE

INCOME: Improve on online income. NOT DONE

Family:  Travel sometime in June for a short family holiday. DONE
Personal Improvement: I need to study more. I commit to competing 2 chapters this month. NOT DONE
I will also walk more this month to get close to my 10,000 steps per day. NOT DONE
I will also get back to a strict Keto diet with some intermittent fasting thrown in for good measure. NOT DONE
Social: I will meet a friend or associate for coffee every two weeks. PARTLY DONE

Please help rate the performance on my June personal finance goals. All my energy, time and money was consumed by the property cleanup. I never knew that a boundary wall costs that much. I spent a lot of money on unplanned expenses. 
Did you have your own goals dotted down? Let us know if you are up for the challenge in July.

Feel free to email your questions through our contact page. I trust that you have started with the savings challenge. We have four steps and groups. 1. Debt pay-up, 2. Emergency Fund, 3. Other Savings Accounts, and 4. Investments. Please do keep moving. Start slow but do not stop. For daily motivation like us on Facebook, Twitter and/ or Instagram.

28 Jun 2019


I had an interesting question and answer session with one of my readers. Her questions were on developing a saving and investing strategy to raise funds in a short period of time.
Hi Mbini
I'm always inspired by your posts. I have learnt that it is possible to pay property within the record time. I currently have two properties that are paid up. I paid up my last property in just 12 months. The price was not so bad.
I am now strained from that transaction and paying up the property. As a result I am currently a tenant, renting with an intention to buy. After twelve months of saving I am hoping to have raised enough capital as part payment. I am in a position to save between R200,000 and R300,000 monthly for the next twelve months. Do you have advice on saving options?
I hope this makes sense and thanks for your time.
Ms S
saving and investing strategy
Before we look at the saving and investing strategy for Ms S, I have to state how impressed I am with her discipline. She has done very well.

Twelve months is a short time for long term type investments like stocks or shares. Stocks are high return over a long term. One might even lose some of the money in the short term. I would personally work on preserving my capital by saving the in fixed deposit accounts monthly. Every month I would just start a new fixed deposit account. I would also look at the highest interest money market accounts including the notice accounts. The interest is not going to be as good as the returns in other investment vehicles, but given the time factor, this seems to be the best that one can do.
Where do I start with the search. I can even split this between savings and long term investments.
If you are keeping some by investing in a long term product, I would consider the Exchange Traded Funds (ETFs). I am assuming that you are not very familiar with the stock investments. You might need to have a managed kind of investment process. I think you will find a nice ETF product with high returns.

For the short term like 12 months, check your bank's highest return on investment products. That will be on the bank's website. I wish you the very best. Please let me know how it goes.

Please feel free to email your questions through our contact page. I trust that you have started with the savings challenge. We have four steps and groups. 1. Debt pay-up, 2. Emergency Fund, 3. Other Savings Accounts, and 4. Investments. Please do keep moving. Start slow but do not stop. For daily motivation like us on Facebook, Twitter and/ or Instagram.

25 Jun 2019


We are looking at one more good interest bearing emergency fund account. You may refer to Capitec's Global One account in the previous post. Again, I confirm that we are not paid by below mentioned service providers to provide this information.

Our Twitter handle @SafeInvestingSA asked a question:
"Do all banks have an interest bearing 24-hour or 1 day notice account that requires an initial investment amount of below R1000. Our #SavingCommunitySA needs that or similar for individuals."
interest bearing emergency fund account
Nedbank was one other bank that responded as follows:
"We have various Investment accounts with different offerings and minimum Investment amounts. Click on the link for more info on our account: xxx  :)".
We have looked at the Nedbank money market accounts and came up with the one that is most suited to the Emergency Fund. JustInvest account is our interest bearing emergency fund account of choice. One may start very slow as the minimum investment amount is only R500. This makes it ideal for the new savers.

This is the only one day or 24 hour notice account that we know of. I find the notice account with only one day notice fascinating. One day notice is long enough to ensure one sleeps on the decision to withdraw funds, whilst it is short enough to take care of an emergency.

One can use their debit account for monthly stop orders into this money market account. A great idea to ensure that one pays themselves first. This account earns interest from 4% at the time of publication of this article. The higher the balance the higher the interest earned. JustInvest also attracts no monthly fees. The interest on the balance at the tie of publication is:
Below R2,500 interest is at 4%; R2,500 – R24,999 at 5,25%; R25,000 – R49,999 at 5,75%; R50,000 – R99,999 at 6,2%; R100,000 – R249,999 at 6,3%; R250,000 – R499,999 at 6,35%; R500,000 ­– R999,999 at 6,4% and R1 million and above at 6,5%
For our emergency savings of R5,000 to R10,000 our interest bearing emergency fund account earns about 5%. This is not a bad interest on only one day notice.

I trust that you have started with the savings challenge. We have four steps and groups. 1. Debt pay-up, 2. Emergency Fund, 3. Other Savings Accounts, and 4. Investments. Please do keep moving. Start slow but do not stop. For daily motivation like us on FacebookTwitter and/ or Instagram.


Our quest for good interest bearing emergency fund account lead us to the social media platforms. We are also analysing the Nedbank JustInvest account in the next post. Let me confirm that we are not paid by below mentioned service providers to provide the information below.

Our Twitter handle @SafeInvestingSA asked a question:
"Do all banks have an interest bearing 24-hour or 1 day notice account that requires an initial investment amount of below R1000. Our #SavingCommunitySA needs that or similar for individuals."

Only two of the four banks responded. Capitec responded
"We have a savings plan as an addition to our Global One savings account however there is no 1 day notice. You can get the funds immediately in emergencies".
Having checked the Global One account we agree that it is indeed a good interest bearing emergency fund account. At the point of writing this article Global One would get one a transaction account and four free savings plans. This works much better if you are the Capitec client as this is linked to the debit or credit card.

Most importantly for us is that this account earns from 5% interest per year on the balances. This is again at the time the article was first published. This is obviously adjusted with changes in the South African interest rates. The account earns 5% for R0 – R24,999 balance, 5.4% for R25 000 – R99 999 and 5.65 for R100 000 and above. Remember that we mostly save R5,000 to R10,000 in our interest bearing emergency fund account. 5% is not a bad interest on an account that has money readily available.

Lets get to the catch. One needs R25 minimum balance and a monthly administration fee of R5. But this is for the main account which you use for your daily banking activities. Hence the savings plan account itself is marketed as free. One may then link the four free savings plans to their main debit account.

I trust that you have started with the savings challenge. We have four steps and groups. 1. Debt pay-up, 2. Emergency Fund, 3. Other Savings Accounts, and 4. Investments. Please do keep moving. Start slow but do not stop. For daily motivation like us on Facebook, Twitter and/ or Instagram.

11 Jun 2019


Driven by the love for good food, hospitality industry and art, Zama Mbane (Zama May) gives hope to women from disadvantaged backgrounds. Be sure to follow Mfazana_the_chef on Instagram. You will never regret it.
interview with entrepreneur Zama Mbane
Who is Zama May? What drives Zama?
My name is Zama Mbane (nee' May) I was born in Port Elizabeth in the Eastern Cape. I am the eldest of two girls.  My younger sister passed on in 2015. I am married with two boys aged 20 and 16. My husband was born in the villages of Hogsback eTyume. We currently stay between Tyume and Umhlanga Rocks in KwaZulu Natal.

We heard the interesting story behind the name, Mfazana.
The name Mfazana_the_chef comes from a Xhosa phrase given to women who are married to Xhosa men by mostly older women in the community and the man’s extended family. I was also called “mfazana”, which never sat well with me. I decided to put a spin on it by using it so often that it was no longer offensive to me and everyone used it as my name. The same community women who gave me the name are not pleased because I embraced it, they are back to calling me Nwabisa which is the name they gave me when I got married.

Please give a brief summary of your business.
I love the hospitality industry; I love traveling and I love good food even more. I started off by offering my cooking services to family and friends at no fee. I would even use my money to do grocery shopping for their events for them to taste my dishes and at times, for them to try different dishes for events.  I am driven by the love of cooking, the love of the hospitality industry and the love of being a food artist. I decided to develop my cooking skills by enrolling at Capsicum Culinary Studio for a diploma in professional cookery program.
interview with entrepreneur Zama May
My business concept includes cooking as a private chef for functions, offering cooking classes to groups of people, offering one on one cooking lessons and opening pop up restaurants.

What inspired your niche of choice?
As alluded in the introduction, I love cooking and good food. That is where my inspiration comes from.  Cooking is not a job or a chore for me, it is a passion.

Is this your first business venture?
Yes it is.

Has your previous work or education prepared you adequately for your kind of business?
Not at all. This is my very first venture into the hospitality industry.

What are you most proud of when it comes to your business? 
Hospitality industry is very diverse with most people lacking understanding and exposure to it in the Eastern Cape. I am proud to be making my mark in my province of birth. Locals know where to get a chef that prepares gourmet meals in Alice and Hogsback.
Mfazana also prepares traditional meals with the same love and passion. I am also proud to be influential to the youth in the Eastern Cape. I receive emails and text messages from young people who enquire about my line of business and I give advice where I can. This gives so much hope to people in the rural settings. I am happy to be the one who brings the quality that the locals had accepted to be reserved for the cities. My plan is to inspire women from disadvantaged backgrounds. Kuyenzeka xa uzimisele “passion makes everything possible”.

What is your strategy to survive business trying times?
I am keeping my business as simple as possible. I am not going for high overheads in order for my business to grow and become sustainable.  I am building reserves that will help in keeping the business afloat during tough times. The plan is to leave a legacy and generational wealth for my children and their children.

What are some of the mistakes you now wish you could have avoided? And what did you learn from such mistakes?
My first mistake was mixing my business with friendship and offering my services for free. People never value what they get for free. I have since taken the professional approach whereby everyone is expected to make bookings for my services through the channels that everyone uses.

If you were not running Mfazana, what would you be doing?
If I wasn't doing this, I would be traveling, as alluded above, I love this whole industry including the travel or touring part of it.

Any advice to someone just starting out?
A business feasibility study and good business plan are important. Believe in yourself, face your fears, have a vision and act.

What is next for Zama? 
I am in the process of opening a restaurant in the Eastern Cape.

Inspirational quote
“Tackle life one dish at a time; ndiwagawula ndiwarhuqa” Zama Mbane

Final thoughts
Opportunities don’t just happen you create them yourself.

Zama Mbane shares her dishes on her Instagram page Mfazana_the_chef.
You may also contact her for bookings at 064 538 4316

Let us learn from your Entrepreneurship or Career journey in order to grow and be better versions of ourselves. Let us support your hustle. Get featured on Safe Investing SA today.
Email Mbini at:


The four groups of our daily, weekly and monthly saving challenge that readers have joined as part of our Saving Community SA drive. I will quickly go through each of the four groups for readers to choose the suitable account for their savings and investment needs.
weekly and monthly saving challenge
Group One: Paying up Debt
If you are in this group, please go check our previous posts on paying debt up.  Dealing with debt is nice and short whilst the more practical one with examples is at If I had debt. These posts will help you structure your own journey out of debt. They are worth your time, OK I'm blowing my own horn. Our next challenge will be on paying mortgage/ homeloan in 10 years or less. It is not that hard. I have done it and so have some of my friends.

Group Two: Building an Emergency Fund
A lot of people dislike the term Emergency Fund. Please call it whatever you fancy. Just build the fund. For the emergency fund accounts again please check out the recent post on choosing the emergency fund account. If not sure of the best option, please enquire with your bank. As stated previously, I use a 24 hour notice account for this purpose. There is always an account suitable for this. Just avoid saving in an account that earns no interest. I have shown the interest that I earn in that particular post. Please check it out. A number of people keep R10,000 in that particular account. Some people keep more and some keep less. I need at least this amount because of my various financial commitments.
Remember that you may start building on this whilst you are paying your debt up. You might need to take part of the amount you are committing to fast tracking your debt payment and save it as your emergency fund.

Group Three: Other Savings
A job is such an enabling tool. I am reminded by this post that, when I had a job, I had a "car savings" account. This is where I saved to buy my next car. I also used my homeloan access bond to save for various projects. I would typically save for a down payment/ deposit on a property, a new car, children's school fees, vacations, renovations, etc. Now that we are all getting debt-free, we need this category of savings for us to get in the habit of saving before we spend.

This is a more medium term type of savings. It makes sense to use a higher interest earning account compared to the emergency fund account. For this particular group, you might need to consider the longer term notice accounts like 32 days notice or the highest interest money market account that your bank offers. I use the 32 days notice account. I keep about twice (or more) the emergency fund amount in this account. I prefer to keep most of my savings in the homeloan access bonds. The reason for this is that, my homeloans typically have a higher interest than the interest I earn from the savings accounts. It helps reduce the interest that I pay on my mortgage, but is also accessible if I happen to need funds. It is also not an easy decision for me to withdraw from an access bond. I have touched on this a little in the post: Best Savings Accounts.
Please choose wisely and ask questions where you need assistance. Use Facebook or the contact us page.

Group Four: Stocks, Shares or Exchange Traded Funds
I get a whole lot of emails on Exchange Traded Funds (ETFs). I am very passionate which attracts your amazing questions. I have a post that can assist readers understand this better. Please check out this post: Exchange Traded Funds. Take my word for it, they are the best money growing tool for new investors. My teenage son uses them and so does my husband. You might never use any other tool to invest in stocks or shares. I will write a post on how you register and where you can register.

All the best with the challenge. Please do not give up. Start slow and keep moving. For motivation please like us on FacebookTwitter and/ or Instagram.

7 Jun 2019


This month we have an interview with entrepreneur Dudu Mofokeng. A business consultant, former CEO of Legaci Dry Cleaners and Laundry Services, speaker, strategist and facilitator who was crowned 2014 Sanlam Entrepreneur of the year.

interview with entrepreneur Dudu Mofokeng
Who is Dudu Mofokeng?
Dudu Mofokeng is a daughter of a domestic worker, a mother of 4, grandmother of 3 and above all a daughter of the most high. Dudu is driven by her pursuit of purpose and touching lives.

What is your strategy to survive business trying times?
Trying times in business are inevitable, but what you do before they hit becomes imperative. I have learned to live a mindful simple life especially when it comes to preserving my cents. That has been my strategy over the years.

Please share some of the mistakes you now wish you could have avoided. What did you learn from such mistakes?
Structuring business and family as one unit was my biggest mistake. I have since learnt:
- Never to hire a family member solely on the basis of them being a family member. Rather hire people based on the skills and expertise that the business needs.
- Most small business owners are not legally structured to be separable from their failed business ventures. When business fails it fails with the entrepreneur at a personal level, whilst this is not the case for big companies/ corporates.

How was the bankruptcy experience for you and how did you survive it?
It was an eye opening experience which I embraced and learned a great deal from. I think true entrepreneurship is about surviving such and not the glamour that is sold in the glossy magazines. My relationship with money and things was my source of strength in surviving it. Above all, the work I put before the hard times hit came in very handy.

Can you share your experience on handling savings and retirement planning with our community?
On savings I will use a simple example:
I used to have a phone contract that cost R2,000 per month. When hard times hit I simply downgraded my lifestyle. I no longer have a cellphone contract but structured my costs as follows: R50 per week, power hour every day which sums to R200 per month on talk time. R49 a month is for data which covers WhatsApp and other data needs.
I also take advantage of the free WiFi offered by most establishments. It is a no brainer.
On other lifestyle costs I went from paying bills of R24,000 per month to about R3,000 through lowering of expenses.
I do not really believe in the retirement products that are sold by financial companies because of my negative experience with them. My retirement plan is simply leading an inexpensive lifestyle now and forever!
I invest in assets that are easily convertible to cash and increase in value, like real estate and stocks; I keep an emergency fund; I look after my health for my retirement and have a health fund; I have fun and get engaged in activities involving others.

What’s next for Dudu?
Watch the space. I am building a Legaci! (legacy)

If you had one piece of advice for someone just starting out, what would it be?
Work on your relationship with money and material things. Entrepreneurship is not as glamorized as published in glossy magazines. If your pain threshold is very low, step aside before things get worse. Learn to be kind to and love yourself in the entrepreneurship journey. Always remember that entrepreneurship is a continuous self improvement project.

Any final thoughts to share with Safe Investing SA community.
"We all have something to give to this world, don't be a bystander. You can only find the true you by giving yourself to others"

Dudu Mofokeng imparts great deal of knowledge through her blog: Dudu Mofokeng blog.

Let us learn from your Entrepreneurship or Career journey in order to grow and be better versions of ourselves. Let us support your hustle. Get featured on Safe Investing SA today. Email Mbini at:

3 Jun 2019


This post is mainly for our daily savings challenge members and readers who joined the monthly saving challenge. I thought I would easily compare various bank accounts that are better suited to emergency fund accounts. It seems it would take me forever to complete that kind of a task. I will just explain the account that I use for my own emergency funds. If your bank has a similar account, you might consider using it. If they have a better account, that is even better.
emergency fund accounts
Emergency fund accounts are meant for emergencies. No surprise there. There has to be a high level of liquidity in the account you choose with cash being available almost immediately. The account used has to earn interest. My bank has an account with both features. I use a 24 hour or one day notice account as my emergency fund account. You make a 24-hour notice to withdraw. It is very convenient for quick access to cash.

More on this money market account:
  • To open this particular account, one needs a minimum amount of R500. Hence, I thought most of our daily saving challenge members can use similar after keeping their two weeks savings of R560.
  • 5.25 percent interest (at the time of publishing) is not bad at all for the typical funds of between R2,500 and R25,000. I realise that most banks do not have good interest rates on savings and money market accounts. I have seen below 3 percent for accounts similar to the one that I use. 
  • Whenever I need funds, I make a notice a day before my withdrawal. It could be an evening before the day I need the funds. In this way it is not strictly applying the 24 hours waiting period.
  • I have not created a stop order for my funds to be transferred into this account, but this is possible and a good thing to do. This way one can automatically pay themselves first.
  • My emergency fund is capped at about R10,000. So, I will never get the 6.2 percent interest rate earned on a R50,000 balance. I am pleased with the 5.25 percent that I earn. 
  • It is important to choose an account with no monthly fees or commissions. Most of them do not. 
Please look at the features above and get an account from your bank that works in a similar fashion. Funds have to be available immediately or almost instantly. The account has to earn interest. Time value of money is a thing.
Please like us on Facebook and on Instagram.

2 Jun 2019


I am so grateful to be doing this again. These are my first personal finance monthly goals in 4 years. I am back to this and more. I need to keep myself motivated again. It will be great getting into 2020 following a smooth planning rhythm.
June personal finance goals
Did I mention that I have not had a job in over a year? My last job was supposed to be a part time gig, except, it was too hectic. Let us look at the June personal finance goals.


NET WORTH: I have not measured my net worth in 4 years too. I will have to check the values of all my investments and real estate debt, add determine the net worth. It is an exhausting exercise. I need to locate the spreadsheet I had drawn for this exercise in the past.

EMERGENCY FUND: I am so happy to report that my emergency fund is intact. I am keeping the EF at the very minimum levels. It is saved in the 24-hour (one day) notice bank account.

OTHER SAVINGS: I have a 32 days notice account. I just like how generous the interest rates are on this account.  I keep a small amount in it and whenever I have funds to keep, I store them here.

GIVING: Giving is one of the most important activities in my family. We give more than 10% of the income. We are intentional about it. It is a permanent feature in our plan and budget. You will see it monthly. I will also post about it at some point.

REAL ESTATE: There is not much that we are doing here. No new acquisitions. I am only doing repairs to and cleaning up the property that will have new occupants mid-June.

STOCKS AND DIVIDENDS: My Exchange Traded Funds (ETFs) are at their lowest level ever. I withdrew quite a bit last year. I started a new work from home business. Setting up cost a small fortune.

INCOME: I constantly look for gigs for my business.
Online income has not improved since 2015. I maintained the same earning rates. I only started working on this last week. For four years I have not done anything. I am giving it a year to get to a constant flow.

Family: I spend a good amount of time with my family lately. I make the time but I also work from home, which gives me ample time to do so. I will travel sometime in June for a short family holiday.
Personal Improvement: I need to study more. I am a student this year. I commit to competing 2 chapters this month. SIGH. I will also walk more this month to get close to my 10,000 steps per day. Winter is the worst time to keep fit for me. I will also get back to a strict Keto diet with some intermittent fasting thrown in for good measure. I enjoy following a food plan. I wish every area of my life was this orderly.
Social: I will meet a friend or associate for coffee every two weeks.

End of June we will be back to check if I managed to achieve any of my June personal finance goals. But every Sunday, I review my progress. Hope you have your own goals dotted down. Let us know if you are up for the challenge, even without details.
Like our Facebook page and Instagram page to keep track of my progress. 

30 May 2019


Since I posted the daily savings challenge plans two posts ago, a few readers requested that we embark on a monthly savings challenge as well. It makes perfect sense as most of my readers get paid once a month.
monthly savings challenge
Anyway I also want to thank all of you for joining the savings drive. Those who follow us on Facebook have sent amazing messages. Remember to like our Facebook and our Instagram page. It is easier to inspire and encourage each other in social media platforms. And our hashtag is off course #SavingCommunitySA because we are building a community of savers.
We will once again choose the plan we are comfortable with from the four in this article. By the end of the month or whenever we get paid, we will open our emergency (or any) fund accounts. We will post the suitable accounts here for each reader to choose. The 24 hour (one day) notice account requires about R500 initial investment. The ETFs require about R300 per month. Please remember that each plan has our investment or own contribution and no interest added. We will save everything in interest bearing accounts or stocks.

Know your WHY. Are you saving towards building:

  • Emergency fund.
  • Children school fees fund.
  • Deposit on their home.
  • Deposit on their car.
  • Investment for retirement.
  • Investment for passive income.
  • Business capital.
  • ETC.

 I wish us all the very best in this monthly savings challenge. Keep pushing.

28 May 2019


We would like to have you get featured on Safe investing SA.
Safe Investing SA has, since 2011 been inspiring readers to do better, live better, attain financial freedom, spread their wings, get that extra income, diversify their portfolio, excel at their jobs, raise level-headed children and just be better citizens. For eight years we have built a community of doers and influencers. Some of our readers are successful investors, entrepreneurs and have built various streams of income.
Image may contain: text
In the aim to continue promoting a debt-free lifestyle, financial freedom, and a great lifestyle community we would love to publish your story. Have you changed careers, started from the bottom up, started a business, paid up debt, saved and invested for retirement or any cause at all? Please share your story and inspire our financial freedom community.

Calling all:
  • Entrepreneurs
  • Freelancers
  • Career persons
  • Investors
  • Debt Free Enthusiasts
  • Early retirees
  • Wealth builders
  • Anyone with a story.
Let us learn from your journey in order to grow and be better. Let us also support your hustle. Get featured on Safe Investing SA today.


Facebook: @safeinvestingsa

Instagram: @safeinvestingsa

27 May 2019


This daily savings challenge is my idea of fun. I know, I'm even more boring in real life. Get over it people. Here goes the fun. We have six daily savings plans for you to choose if you are joining. I so hope you are. We are saving up to R150,000 (about $12,500) per year each. This is an accountability stokvel and savings club of sorts.

How it Works:
We will each choose the plan we are comfortable with from the six listed below. We will then save our daily amount mentally and leave it wherever it is. We will then open our emergency (or any) fund accounts in 2 weeks time. The 24 hour (one day) notice account requires R500 initial investment. The ETFs require about R300 per month. Please remember that each plan has our investment and no interest added. We will save everything in interest bearing accounts or stocks.

Some of our readers are saving towards building their:
  1. Emergency fund.
  2. Children school fees fund.
  3. Deposit on their home.
  4. Deposit on their car.
  5. Investment for retirement.
  6. Investment for passive income.
  7. Business capital.
  8. ETC.
Remember, depending on each one's needs, one can save in a notice account, money market account or invest in exchange traded funds (ETFs) for better returns. For those who prefer a monthly plan, we'll work on a few options for the beginning of next month. For now, choose from one of our daily savings challenge plans below.

daily savings challenge
This is our basic daily savings plan. You may just save R280 per week. If you convert it into a monthly savings plan, you will save less because there are a few extra weeks in a year. A year is not made of exactly 4 weeks per month. Keep records of this and follow us on Facebook to keep track of where we are.

daily savings plan
 Above is the double of the basic plan. A number of the readers can spare more than the R500 per week. Remember again that if you convert it into a monthly savings plan, you will make less because there are a few extra weeks in a year. Keep moving with us.
And now we look at half of the basic plan. Students and young professionals who are starting out might go for this plan. The most important part of building wealth is consistency. We are developing a culture of saving here more than anything.

Below are R50K to R150K daily savings plans.

All the best to you. I will keep reminding all of us on our Facebook page. Stay tuned.

23 May 2019


The logical step, following the previous post on financial independence is drawing a basic financial plan. Wouldn't you agree? We are unpacking ways to reach financial freedom. It is as much a journey for me as it is for my readers. I am also investigating the best ways to improve on how I handle my finances, how I save, how I invest, how I diversify and balance my portfolio, how I build various streams of income and how I  plan to eventually retire comfortably.

basic financial plan
Let us look at the very basics of financial planning and set some milestones together. Like both our Facebook and Instagram pages to follow my progress whilst you work on your own plan. I am right now growing my medium term savings.
Oh well, let us dive right into our exercise by firstly taking stock of where we are.

1. My Assets (What I own):
The beginning is how our finances look at the point of this review. We start with what we own. There are broadly 4 asset classes that we will use for this exercise. We are not going to break the assets down to sub categories. Check the examples in the third column below to get an idea.

Asset Class Asset Description Examples
Cash Cash is generally short-term and low-risk in nature. My shortest term account is the one day notice account. Money market, notice accounts, savings, etc
Bonds Savings bonds is money one lends to government or an institution that needs to raise funds. This is also low risk. Government or company issued bonds.
Real Estate Property investment for holding, leasing and/ or flipping. This is obviously my weakness. Residential, commercial and real estate investment trusts (REITs).
Shares, Stocks or Equities Company shares in the stock exchange or even offshore. This is easier than most people imagine. Individual stocks and/ or exchange traded funds (ETFs).

2. Debt (What I owe):
The next step in drawing a basic financial plan is listing liabilities or what we owe. This has to be the most scary step. No stress though, a problem identified is as good as conquered. 
  • Homeloans or Mortgages are more longer term debts that we have. Get the exact amounts owed to banks and add them up;
  • Short to long term loans;
  • Car loans;
  • Credit cards and other revolving debt like retail store accounts;
  • Any other debt.

3. Net Worth (What I am worth):
This is where we add up all our assets and subtract our liabilities (debt) to get an idea of how much we are worth. Not to be fazed though, a negative net worth can still be rectified. 

4. Setting Financial Goals
Now that we have an idea of how much we are worth, let's go ahead and set our finance goals. How far do we want to grow our net worth? Are we looking at developing passive income, diversifying our portfolio for more streams of income, invest for a comfortable retirement? What to we want to achieve? What is our basic financial plan?

5. The Plan and Strategy
  • My main focus has always been on paying myself first. This involves saving before spending, growing funds for various purposes like emergencies, saving for larger purchases like cars, etc.
  • Drawing and sticking to a monthly spending plan or budget. It's not that hard really.
  • Paying consumer debt off, including credit cards, retail cards, cars, mortgages, etc.
  • Reviewing the essential policies like life insurance. This is a need when one has dependents.
  • Reviewing funds for retirement, including the retirement annuity. Learn how to maximize the RA.
  • Growing savings for children's education.
  • Growing the investments for a balanced portfolio. Are you happy with your stocks, bonds, savings, real estate investments, etc.
Please share your own personal finance strategies in the comment below, on Facebook or Instagram.

22 May 2019


I thought a refresher post on financial independence makes sense, in light of new developments in my life. I finally quit my part time job over a year ago. I am not retired yet but I only work on what I enjoy working on at any given time. I realize that I have almost reached the goal I had set from the very beginning. That of living my life in my terms.

Image may contain: text
financial independence
A lot of people have ruled early retirement out as a dream that is impossible to achieve. They are so wrong. Anyone can achieve the state where they have enough wealth that they do not need a job or any form of paying work. How lovely it must be to know that you own your time and thus your life. But even better, how exciting it is to believe in that possibility and claiming it for your life. Make that happen for yourself. You are so deserving.

I am very proud of myself for being so close to my idea of reaching financial independence. I am so close, I can almost touch it. I will break down how I am ensuring that I will reach the ultimate goal and retire or do whatever I want to do with my life. Travel would be very nice. Every single strategy listed here is within our control. We are not building castles in the air.

1. Lowering Expenses.
Most of my readers are fortunate enough to have formal employment and therefore an opportunity to save and invest. We all know by now that we should pay ourselves first and only spend after. We also need to know what our priorities are and cut costs on any expenses outside those. I love going to a beauty spar and not so much eating out. However, with my current setup of working from home, I have decided to go out for coffee every week and rather cut on doing my nails. I have not visited my nail technician in six months. I will probably stretch it to a year or longer. I paint my own nails. That is already saving me some R400 per month. I will survive my healthy natural nails. I know I am trying hard to convince myself.

2. Building Multiple Streams of Income.
I am currently using all the skills in my possession to earn some income. I am a personal finance speaker, as I'm sure you can imagine. I also do some technical economic work to keep my brain active and of course earn some income. My speaking assignments used to be for free. I have started charging a fee as I need to take valuable time to prepare. And of course the property income which is the main source of my income. Writing is still a hobby but definitely not for long.

 3. Investing in High Return Vehicles.
Apart from real estate, the stocks are an amazing way to grow one's equity. I am still a huge fan of exchange traded funds (ETFs). I am diversifying with a number of off-shore options. ETFs is one of the most exciting investment tools. It is relatively easy as management is fully outsourced.

4. Building Passive Income.
Over the years I have realized that real estate is not a source of passive income. I do not even manage my properties, but I somehow find myself doing a lot from marketing to working on the physical structures. However, dividends from stocks are one hundred percent passive. I love that a lot. 

5. Start Early.
I think I started early enough. But starting at any point is great. Just start where you are. Working on reaching financial independence is very much worth it. We owe it to ourselves.