Boitumelo Ntsoko hosts The popular show ‘I Blew It’ on DStv. This podcast follows the lives of people who have received large amounts of money, either through their inheritance, the lottery or the Road Accident Fund. Often they end up spending it all and ending up in a far worse position than before they got their windfall. Sadly, this is a reality that we have seen play out in our own communities, where young people misuse a large sum of money they come across.
Certified financial planner at NFP Private Wealth Management Thulisile Nkomo shares some tips on how to maximise your financial windfall smartly.
Read the full transcript or listen to the podcast on Moneyweb’s site.