How to chop R3 million - I Blew It | Mzansi Magic
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- Опубликовано: 30 сен 2024
- Victor survived a fatal car accident that claimed the lives of his parents, leaving him traumatized. He then got a R3 million RAF payout following the accident.
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![How I Blew R3.5 million💰🤑|| I Blew It New Episode [Student Edition]](/img/1.gif)
R2.3mil buys you about three properties that you can rent out at about R7000p/m.... That's R21000 in your pocket for the rest of your life.
Muzi H. Ngwenya is that what think...???🤔 mfanakithi ungezwa bathi,know your story Nja yam,I’m in the property game and have been for 15 years,it ain as cookies n cream as it’s always made out to be skhokho sam believe me.
Pheh oh you think...?? Aiiit cool ntate😉👍🏿
I like how people have this notion that investing in property is the end all be all of investments hahaha
Well investing in property is better than blowing the money
Strawberry Cheesecake I definitely agree it’s way better
Things I've learnt: Don't have too many friends, and when things start going well for you, Don't get New Friends just roll with your old friends. One other thing I've learnt is that these guys buy old used cars which break down very quickly forcing them to keep on buying used old cars until they are left with no money and no running car.
I wanted to say he was stupid for doing that but the I realised it isn't entirely his fault..our education system does not educate us about financial management nd how to build wealth..we just regurgitate irrelevant information over nd over.
My bro honestly said he preferred Prostitutes 😂😂😂
But atleast he never forgot his family.
Well yea at least
Yah bro atleast you saw something good in him
A kre👌👌
True
He killed me when he imitated a Vrr Phaa😭🤣🤣🤣🤣
😂😂😂😂
If I. Didn't read the subtitles thought he was singing
Lol.. Me toob
lol.that imitation was to funny.
I died 🤣🤣🤣
The truth is we always misuse the money we never worked hard for it
No
True
FACTS🤞🏽
Eish always the same combo. Alcohol,clothes,sneakers,women,new friends and the infamous Bakkie.
Michael Mutsai 😂😂😂😂aww you know we'd all do the same
😂 bakkie is never left at least. It never got sold this time
The combos are communicating 🤣😂🤣
@@LeslieMatlou the combos are combining lol
@@LeslieMatlou 😂😂😂😂
Why is it always Tswana/Sotho/Pedi guys who always get this "Tchelete"...😑😖😢😢
Nathi siyayFuna😄😭😆😆
😂
@@rhaymokgomme7537 serious bruh..😖😄😆😅
le nna ke le mogile jalo
🤣 🤣 🤣 My guy, I so wanna make it to this show.
Thank you, ive always asking myself that question
So, brother man blew R3m without building something solid that he can point out... Financial Education must be taught in schools.
Sechaba Shuping Yeah boss, its so sad how financial education is so ignored, at 39 years old im trying to learn financial and investment education, its so hard grasping concepts and im just thinking that it shouldnt be like this, these should be ingrained in me by now from school..
absolutely
It's a must. Instead of teaching us about locusts.
It's sad honestly. 1 thing about money, you'll be living with regrets es'kgale if you don't do something that you can point out.
If u pick commerce then yes
Poverty Mentality 🙄
You literally don’t have to proove to anyone you have money. Save your money 🤧
Sivu M yeah, but why does he have that mentality- that’s the better question?
Hes a poor person with alot of money
The most reason why poor people with a lot of money go broke is because they lack the financial education as to how to handle that amount of money since they not used to it.
Don't save, invest!
@@ManteeMusic I think that's what he meant.. again it goes into the "financial education" referred to in another comment. This is jargon.
The dynamics of money aren’t that simple:
1. Saving only erodes the money through inflation and bank charges.
2. “Investing” in capital and money markets is too volatile, it’s either you win big or you lose big, honestly, in most cases it’s lose big.
3. Investing in “business ideas” that you come up with after you get the money is a recipe for disaster. You need time to build a client base for your product or service and that means running the business for months on negative, overheads will kill you. You can get heavy machinery with no immidiate market or distribution then what? You’re stuck with huge machinery in a huge factory you’re renting out paying people to run the machinery you have no clue about. After that factor in that you’re going to need working capital to manufacture the product, not all suppliers pay 💰 immediately, some can be 3 weeks or even months and what happens then when your client delays payment and you have nil cash flow...you’ll end up in debt right where you started from.
I honestly wouldn’t call it poverty mentality but black or African mentality. I’m Zimbabwean and run a business in a very tough environment. I’ll be honest, I learnt business from watching how white people run and build their empires. They invest in research and building systems. They prepare themselves in every possible way before the money comes. Most of the work when starting a business lies in getting to understand your market, your product and building somewhat of a reputation before you even get the money that way when it comes it’s more of a smooth organic transition that goes in line with your learning curve and growth. I really hope one day we can run our continent efficiently by ourselves and not be the laughing stock of the planet. We have so much potential
“He who is without sin, cast the first stone.” The latest iPhone is out now, there are people in the comment section that will buy it on contract because they can’t afford the cash price- which means the phone is not in their financial lane. They will do it to flex the same way this brother did, now they hating on the brother because he did it on a major scale. So let’s not cast stones at this brother and rather learn from him, and if we have R3mil saved in the bank, hopefully we will make better decisions.
And this thing about saying “us black people, as black people” nah B speak for yourself, a lot of us black people work well with our money, it’s a matter of education not melanin in the skin that determines the way you use money.
That is true we are quick to judge and forget about our own faults
Lot Mathebula 🙏🏽🙏🏽🙏🏽🙏🏽
Jesse Leigh Gordon 👏🏾 👏🏾 👏🏾
Very true
Preach my brother, Preach. Real talk right there. I have even started to limit my small snacks like sweets, just so that I can save a little more each month.
I salute the guy for sharing some of the money with his siblings💯
Duude at least brah .... theres guys who left their families wives mothers children n went to live in the suburbs with new family .... wow
I agree with you
Bafethu, the moment you o kereya chelete ya dipoko, disassociate yourself from friends for atleast six months and think about how you're going to use that money wisely.
yho i'd disappear for a year lol.
@@ManteeMusic 🤣
easier said than done
@@malandvulamachawe6323 lol you're probably one of those guys that like attention, you wanna be seen by everyone that you have money...that's where the problem starts. Nothing difficult here just disappear and chow your money in peace.
@@ManteeMusic thanx for speaking the truth instead of justifying irresponsible behaviour
A bin man in the UK won £8m (that’s about R160 million) - blew it all on parties, drugs, women and cars. Now he is back working as a bin man.There are plenty of similar jaw dropping stories out there.
These stories are so much more funny when narrated ka Spitori 😂😂😂
😂😂😂
True🤣🤣🤣
So true my home town we have that thing
Do people who receive money from RAF ever receive counselling before the money is their account? This is getting ridiculous.
RAF money is meant for medical expenses, not spending, that's why they want to change it to installments rather than a lump sum
I'm scared as I'm waiting for mine
Do you think they'd even bother to listen to what they're being told by the counselors?
@@lameezynellzrsa7786 please get financial advice before you receive it
They need to send enough money for the people to survive a month, e.g R5000 monthly payments would last longer than a once off R2.3 M. If you want a car or expensive clothing you'd then have to pay monthly or wait until you've saved enough
That's how most of us black people are no matter what "gare rate sekolo" he should have at least educated himself, now he's part of the unemployment statistics blaming government for being poor and unemployed
Well said!
In a long run, he will.
like 100% educated people have jobs,stupid🙄
Have money n UL c I won't go to school
Being poor doesn't have much to do with education but more with character and mindset. I'll only explain this further when someone criticizes my point.
EASY COME, EASY GO!💰
# Don’t tell anyone
# Take a break go on holiday/ calm down
# Get yourself a financial advisor
💗💗💗
Financial advisors also rob people plus this dude is from the township so they will take advantage best thing to do is go the library and take out and read books on investing
We have different types of investment
Crypto is already taking over the world's economy. Bitcoin most especially
@@birgitkelle7201 This corona virus has taught the world that cash is not the ultimate option for trading. The world needs a touchless currency and that's when bitcoin comes in. Currently in this phase of life. Bitcoin is already making legitimate and profitable way for investment.
@@robertemily1645
Can someone really make a living by trading bitcoin?
@@kelvinliu8941 How does this bitcoin investment works please. I am really interested
@@kelvinliu8941 for sure
“Hmmm hmmm. Hmmm prrr” 🤣😂🤣😂
My guy 😂😂😂
Neo Ledwaba 😂🤣
My guy...that part had me ey😂😂....but I understand that sound can make any guy go crazy😂
Nipho Twala 🤣😂
🤣🤣🤣
What I love is he remembered his family before blowing the money
This makes me angry. Money keeps going to the wrong people
The as prob with money. When you never got much money and boom you have much money in your bank account obvious you going to misuse it. The best way is to find financial advisor.
Ish🤣🤣🤣wth 50k i can do all i need n also to secure my future 😭😭😭
@@skhurafortify8677 the financial advisors also steal from them
M very angry at this point🤣🤣🤣🤣🤣.
@@lebonemahlake833 what you can do with a 50k Lebo?
What kind of a mindset is this though?so if one has lots of money the only things they think about is alcohol,expensive clothes,cars and impressing girls with money🤷♀️🤷♀️🤷♀️hai guyzini...this must change yho....
"I preferred prostitutes" 🤣🤣
2 words : INVESTMENT PROPERTY. Passive Income the rest of your life 🤷🏽♀️
Whether he was a fool or not he had his moment.
He had a great time and while it was misguided, he will remember it forever.
He shouldn't blame ekasi people for not supporting.
He should blame himself for wasting but console himself in the memory of how mightily he rose though he fell hard.
Poverty is a mindset.
If you think you would do any different, answer me this...
How do you handle data?
Exactly.
I have 2 gig that's why i'm here now😂😂😂😂😂😂😂😂✔
God give me millions too. I wanna see something 😁😁😁
Opening a fixed deposit in the bank with 3 Million gives you about R30k a month!
R3m gets you half that
do you think you can change that?
@@kissmlungu7883 change what?
@@debramzi6949 from fixed to something else, like that Free State lottery woman, with heavy penalties .
@@kissmlungu7883 I believe so but currently rates at the banks are lower due to the repo rate. I hear bonds are doing well
Kanti thina KwaZulu Natal sithola nini lemali sivele with a positive story ukuth sakha imizi sathenga amatekis namabhasi asenalutho sesihleli slindi profit ezobuya kuma business lol
😅😅😂😂
fake friends are there when you have money. lesson learned guys, stay woke man
True Hay
I wouldve bought a farm. in any case, that is his experience. al is not lost coz he is still alive.
dada Moliko there’s always an another chance
@@manjaro_rsa my point exactly
Lol. I hope you understand how to manage that
Let's not crush our own people for lacking financial literacy. Can't there be a show that uplifts our people to not end up like this? Living within your means, saving and investing, making a living to retire early or stable. Education is the key not shame.
That would be very helpful, this is just saying there isn't financial literacy, why can't there be lessons maybe at end of episode?
This is the best form of deterent, many will do the same when confronted with R3mil. Akere u will easily think the money will last forever, but having watched these shows u might think abit before u go mad
Mzansi Magic is here to destroy black confidence.
The issue is not financial literacy, it's a self esteem issue. Image is too important for us black people, even if someone like this was educated on how to use their money, the likelihood of them following such advise is very slim I can tell you because they feel it would delay them from being a show off, the core of the problem is right there(the need to be seen) if we can address that issue perhaps we can go somewhere. In closing, even if folks lack financial literacy, whose responsibility is it to impart such knowledge? It lies solely on the one who has money, let us stop acting like victims. We need to call a spade a spade if we are ever going to grow as black people, until then we will keep going around in circles, this is just irresponsible behaviour finish and klaar.
@@edmundsishange3608 The beauty about being black is understanding each other. I understand everything you've said. But highlighting our weaknesses does not move us forward it makes us the very victims you speak of, continuing the cycle. Financial literacy liberates one all out of entire choice from breaking bad habits and addictions for greater freedom and future returns. Overspending is as addictive as alcohol and women as seen in these instances. Help is needed. The better you know. The better you act. Blaming and crushing our people for their weaknesses is seeing a problem and walking over it expecting it to disappear. The rich get richer and the poor get poorer because of the "individual" divide where we have social segregation and classes, when we all truly deserve to be equally informed. What goes on beyond that is work, perseverance and effort until one gets lifted from their destructive ways. We can do it. Each one. Reach one. Teach one. It's up to me and you. I have started, with a great Non-profit organization to expose our children to handling and making money and real world issues so we never see them appear on such shows.
Even his brothers failed with 500k.... Hopeless
He had the perfect plan with the mil for investment
I don't blame anyone on this show... I would have probably fkced it up worse than them
Bra yaka waflopa u were supposed to save that money for your future...... in life u should never impress someone because they were not there when u had nothing.
O bolela fela wena...e tshware o tla bona.
I know this guy he from letlhabile my kasi. I watch him blowing money now he don't even have money for data it's sad
Where did he get the money from
@@mrrkwezulu1728 from the road accident fund
At least he has memories of being rich
@@inspectyourcar3778 those are some messed up memories he can never be normal after that blowing 2.3m
At least he invested a million 🤔 or did he lol...
Edit: that investment is thousands now lol 🤔
I doubt
He took that money out
He withdrew it by 75k 50k 20k 25k twice a month. It's all gone
Y do i feel UNEASY when i watch these as if its my MONEY THEY WAISTING 😜
I f u chase women you lose money if you chase money women chase you
You won't lose women while chasing money. But you will lose money whole chasing women
@@dibmusictv2698 exactly
One thing he will never loose is the babalas facial appearance
LOLZZZZZ
🥴😂😂🥴
😁😂 Hilarious bruh
Fortune favours fools
Such is fortune 😀
@@Toyota_chap pick a finger 🖐
No, only fools are shown because they were fools. why would they show someone who made good of his money?
Claire 0209 you must be doing well then?
Until we teach financial education at home and school this will never stop. Without knowing you can give someone a trillion and they would still misuse it
people never learn. "So called friends" like you when you have money. SMH
It's hard to think straight when you have huge money in your account.
@@bongarozani272 nope its not. you just gotta use your brain.
if you are broke you always dream about good things, purchasing a house, a farm, opening business but once you get the devil called money everything gets erased and you remain with regrets, he is not the only one here in Botswana we have hundreds of stories very similar to this one, my brother too is also a victim of this very real "sudden riches to rags syndrome" if I may call it.
There are people who are blessed with antennas to “smell out” people with money and help them spend it to the very last penny , these people are called the devil’s first borns
😂😂😂😂
kkkkkkkkk
This is really a life lesson for a an African child.
Money will always flow to the level of your mind
U learn from mistakes.
2015 I resigned, and I received R 78238
I blew it for 6 months
My regrets, is the money that I invested when I was working, I blew it too after spending the package
Biggest regret? Is it the "I could have/I should have..." saying having over your head?
a lesson I learnt from this show is that a poor man's problem is not lack of money, his problem is lack financial literacy and money generation skills. Give a poor man money and in just a year or so they will come back to where they started, which is having R0.00.
The truth in this statement is painful! How do we change that?
@@LMovalo Since our education system is not teaching financial education, the only feasible course of action is for one to engage them selves in personal development and teach themselves financial education, for instance one could dedicate a minimum of 1-2 hours each week to reading books about money management, investing, and finances(there are books on these topics in every library). And one should also practice the art of budgeting and mindful spending.
No the problem is not financial literacy but a low self esteem. When we have lots of money we want to show off, that's the core of the problem. We need to find a way to work on our self confidence
@@edmundsishange3608 do you know what is financial literacy?
So true I have noticed it’s not only Africans but black people in general, I lived in US same problem.
Poverty is a mindset and we tend to forget that in the black community. Wealth is a skill, managing a business is a skill and there seems to be this prevailing myth that anyone can be wealthy. Even a billion dollars can quickly turn to dust in the hands of a poverty minded person. I hope people see the message that I was trying to get across in this and don't think it's a diss.
What frustrates me the most is that even when the money starts to run dry and they withdraw money from their investment, they never consider using that money to make more money instead they continue spending on all the unnecessary things!!
Oh Lord i pray you test my financial knowledge with a few millions!!!
DON'T!!! TRUST ME, its feels like ur KING OF DA WORLD n da WORST PERSON IN IT TOO 😊
ei just few millions nje sisi, the distance between me & poverty will be miles.
@@mandisamandy1832 im willing to take that risk!!@
If there is one thing I know... You can't tell anyone shit about how they spend their money. Unless someone comes to me seeking advise, I won't speak on their pockets, more especially if I don't have that money in my bank account. People need to educate themselves with money. There's so much one can do with R800k before you go & reach for your million rand investment (which I initially thought was a bit smart). There are too many stories like these.
Women always benefit from any disaster 😆😆
This guy is a character listen to him when he says
"Hmmmmmmmmm Phrrrrrrrrrrrrrrr"
Eish ntwana, poor minds equals poor decisions, life is more important and how can batho bao “support” wen maviki is bragging about having money? It’s like rappers flossing and saying stuff like “ being broke is a joke” then turn around and ask us (broke fellas) to buys their albums,.
ants think winter all summer
Trevor Muthwa Comment of the year
Yes that's why they showing us so we can learn
This guy with a yellow Tshirt is always the friend ... He's there in all these stories 😂😂😂😂😂
Hahaha
Okay The Brother Was Given Half a Million..What Did He Do With It? Instead He's Talking About His Brother Overspending
YEAH RIGHT!! he just brought a BUKKIE, come on now, LOL
1:21 is the golden moment 😂😂😂😂😂
He looks like a drug addicted to me
Tebelo molothlanyi you look like a drug addict
what's a"drug addicted" ?
Geswine Matroos GOOGLE IT!
@@tebellomolotlhanyi7674 It's either drug addict or addicted to drugs. English is not my language mother
Geswine Matroos I DIDN’T SAY HE WAS A DRUG ADDICT! I SAID HE LOOKS LIKE ONE!
When days are dark friends are few...
Eish...
Aaayyii jo bona bjanong majita a Pitori a mpolaya saat jo,Pitori lingo just murders me kao botsa jo😂😂😂😂😂
Suster a re “Ehhh motho otla mmona” zaka etlao etsa busy jo strong.
Grootman a re “nesetse a sa tje ko ntlung, na tja bo NAN-TOS”😂😂😂😂
That Mmmmmm Mmmmmmm Mmmmmm Vrrrrr Phaaaa killed me😂😂😂😂😂 nyuku ya jewa strong mo Mzantsi stru.
😂😂😂😂 you said it!
UKUPHAPHA' instead of taking some few weeks and think a bout your future and your family but you let them down' you were their breakthrough.
Didn't hear how you got the money in the first place.
Raf
I would cringe everytime he would say mag*sha
I've never seen a Zulu person on this show. I mean a proper Zulu. We know how to take care of money.
Tso vilakazi he also blew it
@@vuyanikonase1081 he is from Gauteng, so he is not a real Mzulu
So he is a FAKE Zulu right..
@@mazwiesibiya1332 or you Zulu or changane I see ur last name Sibiya.
@@vuyanikonase1081 lol real zulu ke eng?
This is nothing. I know some1 that blew R24 Million in 3
Yoh 24!? Tell us more!
I wasted my time listening to someone who couldn't tech me anything about money...
@least he invested 1million 👌
Bt he started taking it after he finished the 800k ...
Yooooh 😳😳 I wash 🧼 my hands without water 💦
Nkokhelo Gumede 😂😂💀
He took it all
I realised something, the money which comes easily doesn't last, it's like it is a demon
You can say that again
Sizofa sonke bra, at least wena you have worn red bottoms and drove around in a vrr phaa! Some of us are just waiting for the creator to call us home, never ree bone red bottom ka matlho.
Still waiting for a story of a woman who blew it.."THING LONG TERM BEAUTIFUL PEOPLE"..
Eklisia ,ei ... Well the chicks blow the money with the guys anyway... Might as well say they've blown too
Even if they did, no Woman can accept or admit that they blew money.
Season 1 episode 1 I think that's the only woman I saw on this series
@@likklemiss5286 Link?
@@eklisiaei3060 I don't have a link, I watched it on showmax, that was the first episode I watched. Don't worry naye she spent about 40K on a man
If i could get that amount of money il be rich forever coz il invest the money but money always fall for those who dnt know how to use it wisely
Something is chowing this man
Lol i was thinking the same
Malariazini from too many prostitutes and hunger
The other brother couldn't even fix his teeth. omg!
Wababheka Kodwa obhuti bakhe 500k is a lot.
He had a plan, he tried investing, wavula icar wash, wazama ifast foods outlet, life happened nje. Le Mali ifuna ngathi unganomem 🙂
i blame the people who give out this money....the RAF must make it a social responsibility to provide free financial education..🤣
I so wish God could test me with just 1M or at least 500k
Me too mtase 😂😂
@@KushathaK one day is one day my friend we will get that opportunity.😉
@@irvinmathebe5363 one day soon
Financial education is important.
This show makes me anxious 💔 ingathi im watching a thriller/ horror movie
the girl whose apparently the neighbour was very jealous of hes money and you can see shes very happy he lost it all
A fool squander it all...
If you never sweat for it you wouldn't appreaciate it...
You forgot to tell us where he got the money
Where are his clothes that he bought?
Man, it hurt watching this. This is why financial education should be an essential part of our educational system. We wouldn't have so many of these stories if financial intelligence was instilled in us from a young age.
And the girlfriend okae.......GONE!!!!!!
I feel sorry for him xhem. I have a male child the way he likes friends . I jst pray he doesn't chop chop my hard work easilly.. It's not easy this world is full of suprises.
You have to teach him financial literacy. Buy him books which explain to him what is money, investing and the likes. I'm 23 years old and only this year did I fully learnt about financial freedom 2019
Eish, he should have left that 1m in the bank so that it gives him interest every month he'd still be monied today. I hope he learned his lesson.
Mina I'm sad the way you look like now,OH MONEY!!!!
Imma be living like this next year, and more ofcourse!!!!!! Way more!! Screenshot this!
Hopefully he doesn't dwell on the past
I don't think that's possible in his case.
The smile on these dudes face😂😂
When he said people from the township are not supportive. That was deep.
They are supportive, as the lady pointed out that he was always having a drinking squad. He simply did not give his business attention.
They did support him to blow the money.
He said something that is veey true and sad!!! BATHO BA KASI GA BA SAPOTANE....Sies South Africans!!!! .....then when he eats and finish you laugh he tried to build something u didn't go there but if it was a foreigner speaking bad English u make a very long queue and even sleep with them!!