What is making young South Africans poor

Have you ever wondered why the South African youth is so poor and suffer from being unemployed? There is a lot of youth that is employed and not so poor but there is definitely no shortage of the poor and the unemployed. I can tell you now that it is not because Jacob Zuma stole all the money – because he didn’t.

If an average South African youth were given R250 million, I can bet my bottom dollar, that they would still end up poor and unemployed. Well there is someone with an incredible set, you say. The truth is money is just paper, in the right hands it could change the world and in some hands it remains just that – paper

The South African youth is not so unfortunate because the ANC exist or Jacob Zuma was born. It is so poor, unfortunate and disadvantaged because they believe it. The strangest part of this is that the poorest are those who speak the loudest, drive the fanciest cars, travel first class on trains and live in rented flats in affluent neighborhoods.

Those are the type of South African youth who can’t spell ‘savings account’ because they spend most of their money sustaining the lifestyles they can’t afford. This would be funny if it wasn’t so sad. Can you imagine someone walking around with a R10 000 cellular phone with no airtime? Well that’s us, the South African youth.

Why does it matter what the next person think of you when you are being strangled by debt to impress them? The South African youth is only so poor because of ignorance and the lack of the desire to learn.

Make no mistake about it, if you are not prepared to abandon yesterday’s values and belief systems to make way for new knowledge you are going to stay in the same position or at least make very little progress until the end of your days.

The world is what it is today because someone, somewhere was prepared to change even as it was uncomfortable and unfamiliar and it felt like they were betraying the very core of what they were. In order for the South African youth to succeed they must be prepared to go where very few dare to go or even where no one has ever been.

At the most, live off 80% off your salary and save 20%. Imagine if you could start this way of life when you enter the job market? By the time you turn 30 years old you would have a pretty healthy bank account. Do you know that at the end of the day no one thinks about your GTI before falling asleep? Imagine if this was the case and you couldn’t even afford it.

Live well within your means. Seek new information and opportunities – if it is too good to be true, it certainly is – don’t be ashamed to walk off. Save and invest no less than 20% of your monthly salary. Listen when others speak, learn from them. Always consider what others say even if it is not comfortable to hear. Most importantly, do something.

Mark

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