Taking fun and saving seriously
Pabi Moloi made us all believe that radio station Power FM, the new kid on the broadcasting block, was going to be a force to be reckoned with when she announced her defection from Highveld Stereo in June. She tells
Lucky Biyase how she handles her finances
Are you a saver or a spender?
I’m a bit of both. I like to be prudent, but I also enjoy life! What is your biggest extravagance?
International travel. What is the best thing you’ve spent money on?
My 2011 visit to Cuba. Do you invest in shares or other assets?
Yes. What local goods and services do you miss most when you are overseas?
None yet. I’m not yet well travelled enough to have lost the wonder of discovering new things. How do you prefer to pay for things — cash or card?
Cash. Do you tip easily, or do waiters and waitresses have to work hard for you?
I tip easily. I will, however, withhold a tip if the service is very bad. Which expensive places have you taken your family or friends to for a meal?
I treat my family and friends every year for my birthday. So far, we’ve had high tea at the Saxon and dinner at 54 on Bath, and next year I’m planning a sunset cruise. I like to enjoy celebrating special moments. Have you ever been really short of cash and how did you manage?
I was quite short in my first two years of university. I have a very money-smart aunt who helped to bail me out on one or two occasions. I’m fortunate to have had a home I could go to for dinners and showers and sleepovers when times were tough. What is the most lucrative job you have ever had? What did you do with the cash?
Endorsements can be quite lucrative. I like to pour extra funds into my properties and savings.
Do you give cash to beggars?
Sometimes. I prefer giving them food or clothes. What is the most important lesson you have learnt about money?
Money treats you the way you treat it. Be wise, work on your knowledge and it will be good to you. Also, save.
Do you have a financial adviser, or do you look after your own finances?
I have a financial adviser who helps me make good decisions and who listens to the desires I have for my future and guides me appropriately. What did your childhood teach you about money?
I learned from my grandparents to shop wisely, spend on what is most important — homes, transport, health, food — and splurge on special occasions. What is the best money advice you have ever received?
Save. If you won R10-million, what would you spend it on?
More property and more travel and my Kgaketsa Foundation, which shows young people their post-matric options. Where would you most like to own a house or flat?
Cape Town, New York City and Croatia. Where could you never be paid enough to live?
Any war-torn country.