financial fundis
Beating JanuWorry Noluvuyo Bacela
Enterprise Development Manager Lungisa Dyasi and Accounting Candidate, Nangamso Majova join forces to dish out some much needed advice on how to manage your student budget.
B
y now, you should know what you’ll be doing for the next couple of years while in tertiary but with it comes hurdles that will keep coming as the year progresses. The pressures that come with the journey like the FOMO (Fear of Missing Out) and “Keeping up with the Joneses” mind-set may just cost you a little more that you actually have in the long run.
50 IMBO/ ISSUE 9/ 2012
prioritise priorise prioritise The first three months of the year come with an urgency to spend more cash than one actually has in their bank account, something that is often done by those who are relatively new to the idea of a monthly salary or weekly wage. For students and freshmen in the work environment alike, it’s mainly used for excessive things, none that are an investment of any kind. While there’s no problem with spoiling yourself- the issue here is that
of priority. Priority for students is textbooks, registration, transport and accommodation - all of these costs a lot of money. For the new recruits into the working world, priority is accommodation and transport and of cause the “F” word, food.
learn how to cut costs First things first, resist the temptation of shopping for any form of shoe or clothing or bags that is unnecessary. You have all of these things already why buy new ones just