PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
ChiefDavid
 
Comments: 4
Article views: 0
 
 
Latest Badges:


 
View all ChiefDavid's badges.
 

Llive within your means (by all means)

23 February 2013, 18:22

Money is never enough and will never be enough, human beings always want more.

As we grow up responsibilities "increase' but money become "less". Due to poor backgrounds in South African it is often difficult to support self as culture requires some people to  support parents and extended family members first.

Overspending or misuse of hard earned salary causes anxiety, most working people are drowning in debt, payment of school fees, transport, unnecessary accounts and other financial necessities often lead workers to taking loan after loan, "credit become order of the day".

Financially it is not advisable to take loans and credits. implications of debts and owing leads to a painful stressful life, often divorce or suicide.

Employers often have to deal with unproductive employees or members absenting themselves from work due to lack of transport money, furthermore, crime related incidents like theft of state property, negligence and misuse that leads to damage and losses are often caused by workers who cant manage their salaries.

New proffessionals are not given good financial advice and end up living beyond what they can afford. different government departments must introduce financial seminars or financial advisors for older workers and new employees as a plan to create a debt free society.

Investing "small" amounts of salary is a great start, it is also advisable to buy propety when you are young rather than cars, credit cards and enless clothing accounts.

Credit can be viewed as lack of discipline,if you are discplined save and buy cash. Finaly difficult as it sounds live within your means by all means.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
4 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Adezwe Camngca
An honest view of the South Afric...

The South African Poultry Association has made allegations that the increased US poultry imports will undermine the gains made by the local industry. I find this to be manifestly unfounded on a number of grounds. Read more...

0 comments 630 views
Submitted by
Kyle Petzer
Making sense of white privilege

What is privilege, but more importantly what is the best way for a white person to come to terms with and even begin to understand and respect the often used term “white privilege”? Read more...

0 comments 978 views
Submitted by
Michael Mondli Hlophe
Proteas cricket better off withou...

I love and respect AB De Villiers for his cricketing abilities and his service to South African cricket. I do however believe that he no longer wants to be fully part of the setup Read more...

0 comments 521 views
Submitted by
Buziwe Veronica Mbatha
Seeing South Africa through a tou...

I was disappointed by all the racial stereotypes on a recent tourist trip in South Africa. Read more...

0 comments 321 views
Submitted by
Lynnette Van Der Merwe
Gauteng Health killing BEE SME's

Gauteng Health owes many suppliers millions of rands. This forces these SME's to stop trading as their cash flow has been severely affected by non-payment or rather partial payment.  Read more...

0 comments 438 views
Submitted by
CraigJoseph
Dean Hutton: message received

Dean Hutton’s art piece on exhibit at a museum in Cape Town, doesn’t so much offend me as irritates me. Read more...

0 comments 188 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2017 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.