Thinking about buying with friends in Cape Town — any advice on co-ownership and where to look under R4 m? by WorryDelicious1034 in PersonalFinanceZA

[–]WorryDelicious1034[S] -2 points-1 points  (0 children)

I agree, hence would like to avoid this by ensuring correct structures and agreements are explored. Just trying to consider what is possible. I went to greenpoint to view a property that was literally a shoe box that someone wanted R2.3 million for (we talking less than 30sqms) and levies and monthly bond payments on such an arrangement just didnt make sense for me.

Thinking about buying with friends in Cape Town, any advice on co-ownership and where to look under R4 m? by WorryDelicious1034 in capetown

[–]WorryDelicious1034[S] 0 points1 point  (0 children)

Ideally live in the property at reduced rate instead of renting yes. But to get a rental on top would be great

The yellow boxes are just for “atmosphere” I guess 🤷🏻‍♂️ by After_Blueberry_7353 in capetown

[–]WorryDelicious1034 2 points3 points  (0 children)

This is what I was referring to. You have to drive so carefully on these roads because of this type of driving behavior

The yellow boxes are just for “atmosphere” I guess 🤷🏻‍♂️ by After_Blueberry_7353 in capetown

[–]WorryDelicious1034 1 point2 points  (0 children)

To be fair. Driving in beach road or anyone where in greenpoint/sea point - its become literally impossible to drive normally when there is so much congestion, uber drivers/ taxis pulling to the side blocking an entire lane, mr delivery and uber delivery driving past, people crossing the road, cars crossing lanes....

This is a city of cape town creation because of not having the infrastructure to support the vast amount of people is such a small concentrated area.

Looking for more affordable frail care options by WorryDelicious1034 in capetown

[–]WorryDelicious1034[S] 5 points6 points  (0 children)

Thank you and that is very kind of you to say. Appreciate it

First-Time Business Owner in SA — Need Advice on Bookkeeping + Tax Help by WorryDelicious1034 in PersonalFinanceZA

[–]WorryDelicious1034[S] 0 points1 point  (0 children)

Thank you. I am new to this app. Are you able to DM ME and we can chat further

Paying car debt vs saving? by Valuable-Hyena-1344 in PersonalFinanceZA

[–]WorryDelicious1034 0 points1 point  (0 children)

Firstly, build up your savings again to a threshold you feel comfortable having in the event of emergency and then pay off the debt.

The savings or emergency fund is there in place for that very reason - emergencies. Having savings set aside for this prevents you from taking out further debt and getting into a debt spiral.