“It Was Not Enough”: CA(SA) Shares Struggles of Earning R18K, Mzansi Amazed

• A chartered accountant shared that her first salary was not enough to sustain her as it was not good enough to solve her problem of having to borrow money from others
• As a CA trainee, Getty earned R18K in 2020 while she was also busy with her masters 
• Mzansi was stunned by the information the lady shared on her TikTok post and asked her to explain a couple of points

A Mzansi chartered accountant shared her rough start of earning R18K as a trainee in 2020. The lady kept it frank and highlighted that more than her salary was needed. 

In a TikTok post, the woman shared tips with young professionals on making it in the industry.

Mzansi charted account shares first salary

Getty shared the struggles of being a chartered accountant in Mzansi. The lady earned R18K in 2020 and highlighted that:

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"It was not enough."

Getty plugged other struggling accountants with Investec packages. The lady shared that her account was credited with R10K overdraft, which helped immensely with her articles:

"I benefited so much from it."

Watch the video below:

Mzansi reacts to chartered accountant's financial journey 

The lady praised Investec's friendly interest rates, which would help a young Mzansi professionals. TikTok users appreciated the information and commented: 

@Ngamandla Mpini asked a financial question:

"How much would a first year trainee be left after deductions, the amount that finally hits your bank account ?"

@Kgalalelo M shared her first salary details:

"In 2020? I was at 21k gross in 2015 Kante. Why are the salaries not going up?"

@NEZIPHO added to Getty's information:

"Investec gives them R20k now."

@Knowledge||TheAspiringCA(SA) thought the lady was being shady:

"Not you advising us to indebt ourselves."

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@Vuyo 🇿🇦🇬🇧 assured that:

"Overdraft is not a trap unless you lack financial discipline."

Engineer earns R1M annually and 4 other salaries that gave Mzansi major chest pains in 2024

Briefly News also reported that the cost of living in Mzansi is a pandemic, but payslips remain the same or worse. A woman on TikTok caused major chest pains this year when she revealed how much some ordinary South Africans make.

Their long cheques melted Mzansi's brains as they tried to make out the phone number-looking salaries.

Source: Briefly News