Old Mutual Group Old Mutual On The Money

Mpho Maboi Talks on Debt, Budgeting, Living Beyond Your Means & Financial Advice

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Many South Africans are over-indebted. Our Financial Education Programme Manager, Thabo Hollo chatted with TV and Radio Presenter Mpho Maboi, who shared her story of losing control over debt and the lightbulb moment that helped her regain it. 

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Chapters
  • 00:51 Mpho Maboi talks about her background and education.
  • 02:18 How Mpho became a Radio Presenter and landed a job in IT.
  • 04:03 Managing a R2500 salary and ending up in debt.
  • 04:52 How did buying a car at 21 affect her finances?
  • 08:27 Budgeting and living beyond your means
  • 10:43 What is the Snowball method for paying off debt
  • 14:34 Being young, a people pleaser and trying to impress.
  • 18:14 Dating and finances.
  • 22:03 Marriage and finances.
  • 24:30 What financial advice would you give your younger self?
11 Sep 2024 English South Africa Education

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