CityPress - - Business -

Would you like to be one of six lucky par­tic­i­pants in the Absa/City Press Money Makeover com­pe­ti­tion? The Money Makeover will run over six months, and can­di­dates will re­ceive help and ad­vice from ex­perts to get their fi­nances in or­der and achieve their unique fi­nan­cial goals.

Dur­ing the six-month pe­riod, each el­i­gi­ble par­tic­i­pant will stand the chance of win­ning in­cen­tive prizes upon reach­ing cer­tain pre-agreed mile­stones. At the end of the com­pe­ti­tion, a cash in­vest­ment prize will be awarded to the par­tic­i­pant who best man­ages to re­main on track and suc­cess­fully re­alise their fi­nan­cial goals.

The com­pe­ti­tion will run from Oc­to­ber to March next year. All ap­pli­cants need to meet the fol­low­ing cri­te­ria: You must be older than 18. You must have a trans­ac­tional ac­count with Absa into which you de­posit your monthly salary.

You must earn a monthly salary/in­come of R20 000 or more (this can be a vari­able in­come if you are self­em­ployed or a free­lance worker). En­trepreneurs with a small start-up busi­ness are wel­come to en­ter.

You must not be overindebted to such an ex­tent that you are black­listed with le­gal ac­tion taken against you in terms of your debt. You must not be un­der debt re­view. You must be pre­pared to be filmed, have your pho­to­graph taken and have your first name ap­pear in City Press, as well as Absa and City Press’ so­cial-me­dia chan­nels.

You must com­mit to a six-month per­son­alised fi­nan­cial fit­ness pro­gramme.

You must suc­cess­fully com­plete all the tasks and reach all the goals as­signed to you.

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