TikTok Video Shows Mzansi Man’s R29 730 Monthly Expenses Breakdown, Leaving Him With R770, SA Shares Views
- This man took to TikTok with a video showing his R29 730 monthly expenses breakdown
- TikTok user @fransmotloung did this so he could see where his money was going and manage it better
- People thanked the man for sharing his finances and gave him some tips to help him be smarter with his money
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The cost of living is crippling. This man broke down his expenses to see why he only has R770 to live off for the whole month, and he was shocked to see where his money was going.
Source: TikTok
Mzansi is crying over the price of petrol, food, medicine, and everything! This man is trying to take his money matters a little more seriously in these pressing times.
TikTok video shows SA man’s R29 730 monthly expenses breakdown
TikTok user @fransmotloung decided to write down his expenses so he could see where his money was going and so he could plan better in the coming months.
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Our guy has a hefty credit card payment of R10 400, among other debts, and it is crippling cash flow. However, he has some nice investments too, which he will be grateful for paying when the time comes to need them.
He shared this to motivate people to do the same so they, too, can manage their money better. Take a look at the breakdown video:
Mzansi comments on the man’s financial transparency
That credit card had people stressing. Most people said that once this man squashes his debt, he’ll be flush.
Read some of the comments:
Snimathenjwa said:
“Why don't you transfer your salary to a credit card, then use it to pay off your monthly expenses that way you are able to pay off other debts.”
premium_stock said:
“Credit card is your downfall.”
Mokgadi Musi said:
“I don’t know if you could ask the credit card for a month break and pay off your clothing account and close it. Then only buy clothes on laybye.”
toto_tweety said:
“Start with the smallest debt, it will give you the satisfaction that you’re winning and headed in the right direction. In this case, pay off the clothing account.”
Nomali Zuma said:
“But the fact that you have a budget no matter how tight it may be right now is a step in the right direction. You'll be fine uzobona.”
Mzansi claps for TikTok video of woman who closed Woolworths account after 13 years of spending: “Leadership”
In related news, Briefly News reported that buying on credit is now always an option. One woman had a Woolworths account for 13 years and recently decided to cut it up.
Times are tough, and many people can only get through the month with the help of accounts and credit facilities. This woman felt it was time to regain control and end spending on credit.
Woolworths is seen as a luxury shop to many, but this lady felt her time of buying there on credit had ended after 13 long years. TikTok user @zikhanyemgase shared a video of her cutting up her Woolies account card after closing it, and while it was a tough decision, it felt good.
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Source: Briefly News
