DJ Sbu Shares His Pearls Of Wisdom Concerning Money & Life In 2020

DJ Sbu Shares His Pearls Of Wisdom Concerning Money & Life – Sbusiso ‘DJ Sbu’ Leope has called on the youth to stop being job seekers and start creating employment for themselves by being entrepreneurs.

South Africa has an official unemployment rate of 27.1% and more than half of those in unemployment lines are young people under the age of 35 according to Stats SA.

Sbu has been on a drive to help entrepreneurs by using his influence to get them some business. He has created a hashtag to help people promote their businesses.

He took to social media to share advice for the black community on how to be wise and save money in 2020.

Being financially responsible is important for your health and your financial life. To “live within your means” means that what you spend each month is less than or at least equal to the amount of money you bring in each month. For many people, it’s a lot easier said than done.

Credit cards, loans, savings, and even emergency funds allow you to buy more things than your income would ordinarily allow. Unfortunately, that kind of lifestyle isn’t sustainable and, at some point, your reckless spending will catch up to you. Your savings and access to credit will run out and when that happens, you’ll be forced to make some important changes or face financial ruin.