Joe invests in Bitcoin
Personal Finance
The average South African is living below their means and yet are still not cutting it in today’s economy. So we ask, how can the average person in South Africa live and support their families with a basic monthly salary that doesn’t cut it? Most people struggle to provide the even most basic essentials. Essentials like a decent plate of food everyday, electricity, water, clothing & a warm bed.
Let’s talk about Joe.
Meet Joe (34), a average South African who works a 9-5 job & supports a household of 4 people. Joe has 3 kids who is in primary school & a wife who has been in a car accident. She can no longer work & this puts extra strain on Joe. Joe needs help.
How can we help Joe.
Joe has been advised by @rafiq to learn about Rand Cost Averaging & start buying #BTC.
Rand cost averaging is a wealth-building strategy. It involves investing a fixed amount at regular intervals over a period of time in an investment vehicle that has a fluctuating price, such as the cryptocurrency like Bitcoin.
See the Twitter thread below.
The story of a #onehundredrandnote (R100 – South African currency)
How can the everyday Joe take a #onehundredrandnote and multiply it?
— Hendrik (@iamhendriklouw) June 29, 2018
Do you have tips and advice to help Joe?
Comment below.
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