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Pansyfaust

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The problem with that is when you've cut enough away and it still doesn't make a dent really. We'll cut X and Y this year, and then next month, some other costs go up above inflation and essentially gobble up the savings made with the cuts. Petrol, medical aid, food, everything goes up more than inflation. That's the problem living in a low growth high inflation shithole like SA--you can't save enough to offset increases in living costs. This is a ticking time bomb in SA, and this generation living through our productive years without managing to save enough to put down wealth generating roots is going to really make this place interesting (in the bad way) in 20-25 years time.

Any case, to OP, probably the best thing to try earn extra cash is to not earn Rands--earn dollars, crypto, euro, yen--Anything but rands since our toilet paper currency depreciates faster than those currencies.

Also, if you are able, to allow yourself the space to make extra cash locally, the easiest thing to do is just work overseas for a year or two, save every dime and when you come back here, you essentially have a buffer so you can upskill by taking a lower earning but more flexible job, but not having to constantly deal with the financial burdens every month.
 

stacerasus

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Pansyfaust Pansyfaust - I hear you.
Didn't mean to down play the severity of inflation, nor did I mean to make down-scaling sound easy (or even possible in most cases).
It is a lot more difficult to achieve, depending on your situation (mandatory fees, health situation etc).

But my opinion stands. I believe many of us (including myself), fall victim to the CUD too easily, ending up paying off 50" Flat screen at Dion Wired, a corner couch at Coricraft and the latest iPhone XS Max 512GB etc etc, leaving us at a loss of R6000+ every month on items, luxuries that don't make sense.

My call is just, don't fall victim to lifestyle expenses that are 100% avoidable, and the down-scale from there.

But yea, tough economy in SA to live in, no doubt, and a tough future ahead too.
 

Anzarrah

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I appreciate everyone's feedback.

It would have been nice to so easily lower living expenses but unfortunately that isn't really possible as most are necessary expenses (bond, school fees etc).

Anyone know where to get a ski mask for cheap cheap?

Sent from my CLT-L29 using Tapatalk
Sold my house for a cheaper house.(We even considered renting again, because of maintenance costs and and)
Sold my car for a cheaper car.
Paid off my bike to take away the expenses.
Smaller home, meant my monthly costs decreased : Electricity, Water etc.
Lower phone plan,much cheaper phone.
Instead of eating out weekly we've changed it to once a month. Once we do eat out we usually got to he special days.
We set up a strict budget of R50 a day, to spend on food.
We stock up on proteins once off. So above R50 will cover side dishes.
I know it seems difficult but we've done it and it has work.
We have a newborn, his school fees we've been putting away even though we do not us it atm, so we have that expense as well.

I approached my situation a bit differently though. I basically wanted to start from scratch.

Once you target and identify the do we really need this and this you will see its actually easy cutting a lot of things.

Just want to share my side, I wanted to do something for extra income as well. But that would have meant more work, less time with my family. More stress etc etc.

Instead of changing my income to match my lifestyle I just changed my lifestyle to match my income.
 
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stacerasus

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FooFoo

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I've read through all of these comments and I don't feel so alone anymore.

I've got a Masters Degree behind me which has equated to 7 Year Degree + 2 Years Prof Registration Experience + 5 Years Prof working experience.

And I can confidently say the business secretary gets paid more than me.

Disheartening to know this, so many years for very little reward.

I've started doing things in my private capacity and I must say the reward is much more but so is the stress etc. The problem with all these additional incomes is that it lengthens your working day exponentially and although it is a GREAT monetary reward, your family/ friends do not get to see you and your health takes toll.

I went from being healthy and poor to being unhealthy and having an separate savings account with some extra cash. I must say, I do not enjoy this lifestyle and I do not think that anyone will enjoy it. The trade off's do not balance off after a while.

My point is this - I do not agree that anyone should look for additional incomes if it impacts on your time (things like spending time with family and friends, partner etc). I would consider finding ways to increase your current main income or create a passive income.

At this current stage I'm thinking of quitting my job, carrying on doing work privately and renting my apartment. That way monthly running costs are much lower and easier to achieve.

Or I might just become a stripper.
 

Erohann

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PlanK69

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YouTube is a very good way to make money, if you have original content... Example: A friend of mine works for a security company (like G4S, Chubb or ADT) in one of their control-centers. A few years ago I told him to upload the footage he has access to to YouTube (literally about 100 terabytes worth). It is footage of car chases, cash-in-transit trucks being pushed off the road, business premises robberies, shootouts... you know, stuff like that. Dashcam footage and also fixed-camera footage from all of their cameras. He now pulls in R300k a year with videos (R300k is about 80million views a year) whilst still having his normal job on a shitty wage at this company (he's paid R12k a month). And no, don't ask for the YT link to his videos, because if his company finds out then he's in serious shit (he's under a NDA, so he's obviously not supposed to do this shit), but his channel is similar to this one, except he pulls in way more views: Anton Koen

Anyway, point being: Statistically it's harder to be successful at YouTube than it is to be at acting or singing, but if you have a reliable source of good and original content, then you can monetize it and put it on YouTube. For instance this guy, who has made well over R5million with his videos: Kruger Sightings (he's just a normal South African guy who does game-drives in a game-reserve, and he records his drives). Your chances of being a successful gamer or successful 'talking head' on YouTube is so small that it's not even worth trying (like I said: You're better off trying your hand at acting or singing), but if you have access to some of the content that I've mentioned above, or even something close to it, like if you work at a zoo or aquarium or have CCTV access, then you can make good money on YouTube for very little effort (and it's passive income, meaning you can sit on your ass while you get money).
 

SILTECH786

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YouTube is a very good way to make money, if you have original content... Example: A friend of mine works for a security company (like G4S, Chubb or ADT) in one of their control-centers. A few years ago I told him to upload the footage he has access to to YouTube (literally about 100 terabytes worth). It is footage of car chases, cash-in-transit trucks being pushed off the road, business premises robberies, shootouts... you know, stuff like that. Dashcam footage and also fixed-camera footage from all of their cameras. He now pulls in R300k a year with videos (R300k is about 80million views a year) whilst still having his normal job on a shitty wage at this company (he's paid R12k a month). And no, don't ask for the YT link to his videos, because if his company finds out then he's in serious shit (he's under a NDA, so he's obviously not supposed to do this shit), but his channel is similar to this one, except he pulls in way more views: Anton Koen

Anyway, point being: Statistically it's harder to be successful at YouTube than it is to be at acting or singing, but if you have a reliable source of good and original content, then you can monetize it and put it on YouTube. For instance this guy, who has made well over R5million with his videos: Kruger Sightings (he's just a normal South African guy who does game-drives in a game-reserve, and he records his drives). Your chances of being a successful gamer or successful 'talking head' on YouTube is so small that it's not even worth trying (like I said: You're better off trying your hand at acting or singing), but if you have access to some of the content that I've mentioned above, or even something close to it, like if you work at a zoo or aquarium or have CCTV access, then you can make good money on YouTube for very little effort (and it's passive income, meaning you can sit on your ass while you get money).
Your friend is lucky he aint caught out

I could have been filthy rich if the desire to be crooked in life was there had access to our clientele details on the system , could have had their cars stolen and well recovered or claim unrecovered and swing them across borders for peanuts easy earn a 150/200 grand plus per week ....

Moral yes money is a tool but should never be the objective in a persons life no matter how bad your current situation is.
 

PlanK69

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Yeah I too have had access to stuff which could have made me a millionaire easily. I was an IT manager for a few years and had access to corporate banking accounts, business credit cards and even had the directors and MD's credit cards on file thanks to their careless PAs who just sent credit card numbers and stuff through the emails like it was nothing. If you're in IT on that level then you have access to literally everything, since you're the one who creates and controls everyone's accounts for the wages software, VIP, Sage, etc. But what you and I are talking about is outright stealing (from a business with millions upon millions, sure, but it's still stealing)... what my friend is doing is nothing like that. Nobody's life is being put on the line by making such footage public and he even goes through the effort of disguising voices, faces and number plates in the vids. Nothing immoral about what he's doing imo
 

Noah

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what my friend is doing is nothing like that. Nobody's life is being put on the line by making such footage public and he even goes through the effort of disguising voices, faces and number plates in the vids. Nothing immoral about what he's doing imo
Arguably what he's doing might help some people. I saw one vid where they dropped a stone off an overpass to loot a truck then a another where they threw a stone at another. I now know to be cautious when pedestrians are loitering on an overpass. It presents the tricks they're using and informs people what to be aware of.
 

thePridge

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Yeah I too have had access to stuff which could have made me a millionaire easily. I was an IT manager for a few years and had access to corporate banking accounts, business credit cards and even had the directors and MD's credit cards on file thanks to their careless PAs who just sent credit card numbers and stuff through the emails like it was nothing. If you're in IT on that level then you have access to literally everything, since you're the one who creates and controls everyone's accounts for the wages software, VIP, Sage, etc. But what you and I are talking about is outright stealing (from a business with millions upon millions, sure, but it's still stealing)... what my friend is doing is nothing like that. Nobody's life is being put on the line by making such footage public and he even goes through the effort of disguising voices, faces and number plates in the vids. Nothing immoral about what he's doing imo
So personally I believe this is why the world is buggered right now... Wrong is wrong... but only if I feel it is.
Just because nobody's life is being put on the line doesn't mean he can share information/content that he is not allowed to (IF his NDA covers this).

If his NDA prohibits him from sharing the content he is simply not allowed to... Whether his job is kak or not is irrelevant.
 

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