In this episode we explore how we can be most resourceful with the things that we already have access to. Whether these be physical or intellectual resources. 

This concept was inspired by Mark Twain and even lead Brian Tracy to write a book called "Eat your frog". The basic concept is that doing the most unpleasant thing first thing in the morning makes your entire day more productive and pleasant

In this episode Mthoko and Ross talk about what it means to have a "Growth Mindset" 

In this episode we talk about the enneagram personality test. We briefly talk about how it works and how it can help us be more self aware. 

You can do a free enneagram test here: https://www.truity.com/test/enneagram-personality-test

We are all unique in the way we view the world. Our mindset towards situations can greatly determine the outcome. Today we discuss what types of mindsets different people have. 

Today we're talking about saving, you know that thing that no one likes doing? We're also going to be discussing investing. And no, we're not talking about day trading like wolf of wall street or the series billions. We're talking about sustainable, actionable investing that allows you to build more wealth and plan for your future. 

In this episode we interview AP from Kamva-elihle Bricks. He tells us about his business. How he dropped out of university to start his business and how he navigated the COVID-19 pandemic. 

Today we are speaking about budgeting. Once you get your monthly income, what do you do with it? It's all about planning and being aware of what's happening with our money.

Precipice Budgeting Template

The other app we talked about in this episode is 22seven. 22Seven is an app available for Android and Iphone that plugs directly into your bank account. It allows you to track how you are spending your money and plan how you are going to spend your money. It sends you helpful alerts when you go over budget and when it picks up fraudulent or suspicious behaviour. The best part? It's 100% free and supports just about every bank in South Africa. Also it's made by old mutual so you know you can trust it. 

Today we are talking debt.

We discuss

Some cool links we discuss in the episode: 

In this episode, Mthoko and Ross discuss what precipice will discuss in this upcoming series on personal finance.