And the 2020 Money Makeover competition winner is ...

Catherien with her husband Jan and their children at the start of Money Makeover. The couple have overcome a drop in income to learn to work together to manage their finances. Picture: Leon sadiki
Catherien with her husband Jan and their children at the start of Money Makeover. The couple have overcome a drop in income to learn to work together to manage their finances. Picture: Leon sadiki

MONEY MAKEOVER


After six months – four of which were under lockdown – Catherien was crowned winner of this year’s Absa/City Press Money Makeover, with Nono named as runner-up.

On Saturday, the six Money Makeover contestants – Bellah, Catherien, Colen, Mishack, Nono and Peter – got together virtually for the annual winner reveal. The competition kicked off on February 23 and four of the six contestants took a drop in income and had to cope with all the difficulties brought on by the sudden break in their lifestyles and livelihoods.

READ: How these six South Africans have kickstarted their journey to financial freedom

Yet they all fulfilled their money goals.

“Talking about money used to be this heavy thing, now we can even laugh about it,” says Catherien of her win.

The event was hosted by Maya Fisher-French, who oversees the six-month competition along with the contestants’ designated Absa financial advisers.

City Press editor in chief Mondli Makhanya gave each contestant a gift of R5 000, which was to strictly be spent on themselves after being so disciplined for six months.

READ: The important lessons learnt during a six-month money makeover

Songezo Zibi, Absa’s acting group executive: marketing and corporate relations, said: “It is a privilege, as always, to meet all of you, to learn about your experiences during the Money Makeover journey.

"I am very proud of all of you for participating and agreeing to share your lives with readers so they can learn from your experiences to manage their own finances and lives better.

"For us at Absa, Money Makeover is about us fulfilling our purpose, which is to bring your possibility to life.”

Watch a repeat of the live final event here. 

Catherien


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