S01E10 | Stokvels and Money – can this initiative really work for you?

--:--
There are 11 million South Africans who are part of stokvels collecting over R50 billion annually. Joining me is Palesa Lengolo, a finance fundi and author of Stokvels: How They Can Make Your Money Work for You.
Her book looks at how stokvels can boost the economy and make money for individuals. In this episode, we talk about stokvel success stories, the benefits of joining a stokvel, and some of the ways you can safeguard yourself before joining this uniquely South African phenomenon.

Tune in to hear more about this novel investment product.

Let me know what you think of this episode by tweeting @StrippedMoney or share the love on Instagram by tagging @stripped_podcast. You can also join our community by visiting www.strippedmoney.co.za.
I'd also love it if you left a review on whichever listening platform you use.
15 Sep 2020 English South Africa Business · Education

Other recent episodes

S03E07 | Crypto curiosities: stripping down crypto arbitrage

We're unpacking more in the crypto space. Today we are joined by Andrew Ludwig, CEO of Currency Hub - a regulated company doing crypto arbitrage since 2017. Andrew gives us insights to help us navigate what sounds like a complex corner in the crypto-verse and explains how we can get…
18 Oct 2023 40 min

S03E06 | Lessons from our first investment property

Joining me on today's episode is my husband, Henchard Mashigo, and we are sharing ALL of the lessons we've learnt from our first investment property. We've made some gains but there are things that we also overlooked (and burned our fingers) despite doing research on our investment. Some of the…
28 Feb 2023 31 min

S03E05 | Healing financial trauma

Your gateway to creating real wealth. According to research, financial trauma is a reality for one-third of millennials today, but what is it? How do you identify that you have financial trauma, how does it impact your wealth creation journey and how can you get financial healing? In this episode,…
25 Jan 2023 30 min

S03E04 | The return of the lay-bye

Today, I have an interesting conversation with Andrew Katzwinkel, CEO and Founder of LayUp Technologies. We chat about the return of the lay-bye - what happened to this efficient way of buying goods without credit, and who is bringing it back? We learn about the benefits of using lay-bye as…
16 Dec 2022 25 min

S03E03 | Re-imagining small businesses and redefining success with Palesa

In this episode, I have a wholesome conversation with Palesa Hlabahlaba, CEO and Founder of RPH consulting (a business consulting firm). We wanted to talk about the importance of small businesses getting advisory services, but this conversation ended up being a lot more! We chat about fulfilling your purpose, redefining…
24 Nov 2022 52 min