As you know, dear Reader, this is all a MASSIVE learning curve for me and so I thought it important to acknowledge the wise gurus who are (unwittingly!) guiding me through it all. Also, they will definitely be helpful if you, dear Reader, are interested in trying your own Brat Experiment.
Elizabeth Kerr (New Zealand)
The Money Show with Bruce Whitfield (South African radio show)
Warren Ingram (South African on The Money Show above)
Then, dear Reader, I thought that it might be helpful (for your information and my sanity!) to list the different resources I am slowly gathering in some kind of organised, easy to assess and access manner:
There is really a gap in information here 😦 BUT I have finally found ONE blog:
Safe Investing South Africa – She seems to have not written for a while (September 2015) but there are some great posts. The most helpful ones I found were:
- Building wealth from your first job
- Building wealth – this article suggests living off 60% and saving 40% of your salary in SA (a much lower ratio than our American friends and confirmation that there is a problem that I’m not American!)
- Why the rich are rich and you are not
- South African money market accounts
And I have found ONE savings forum/website (?) called The Savings Issue that fits in with Early Retirement ideas. It is full of practical South African based advice and is user-friendly. The most helpful articles I found so far are:
Unfortunately, it does seem that South Africans do struggle to save though…
- The state of saving money in South Africa (Moral of the story: not good)
- Only 6% of South Africans can retire comfortably (I’m not sure what “comfortably” means… but it terrified and shocked me that “A recent World Bank report called South Africans the biggest borrowers in the world. Eighty-six percent of South Africans borrowed money last year”. My perception of South Africans getting into less debt is clearly wrong… )
I stumbled apon The Firestarter and he very helpfully lists other bloggers from the UK who write about Early Retirement/Financial Independence (although I did find some of the links went to addresses that have expired).