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AK035
Abridged Knowledge 035

Side Hustles & Personal Finance

Practical tools and resources to help you generate income, manage your money, and start your investment journey in South Africa.

Important Disclaimer

This page provides public information and educational resources only. It is NOT financial advice, and we are not financial advisors. Never give money to any entity that is not FICA (Financial Intelligence Centre) registered in South Africa. Always conduct your own research. Some resources are affiliate links, you lose nothing by using them and they serve to support us.

Income Platforms & Side Hustles

A structured guide to finding online work and monetising your skills.

  • Preply

    Teach languages online and earn money. Ideal for those with language proficiency.

  • Clickworker

    Make money micro-tasking (data entry, research, writing).

  • Toloka

    Perform small tasks like image annotation and content moderation.

  • EarnApp

    Share your unused internet connection to earn passive income.

  • Honeygain

    Share your unused internet connection to earn passive income.

  • TrustedHousesitters

    Find pet-sitting and house-sitting jobs globally. Travel and save on accommodation.

  • Monetag

    Monetise desktop, mobile web, and social traffic audiences.

  • Old Mutual Rewards

    Earn rewards points by watching videos and completing surveys (SA specific).

  • Paidwork

    Find various freelance and part-time jobs, including data entry.

  • Swash

    Earn money for being active online by selling your data anonymously.

  • M4Jam

    Earn money with your phone by completing small tasks (SA specific).

  • Cloudworkers

    Find remote jobs in chat moderation or content creation.

  • Easy Equities

    Invest in stocks and shares with ease (Referral link).

  • Linkcollider

    Earn money by creating and promoting links, engaging with social media.

  • Vehost

    Create and host your website. Ideal for aspiring online entrepreneurs.

  • Mzansi Biz 035

    Find age-appropriate business ideas and resources tailored for SA.

  • RecruitMyMom

    Find flexible and independent contractor work for skilled professionals.

  • TypeWhizz

    Learn transcription and find transcription jobs. Develop valuable remote work skills.

  • Jobvine Freelance

    Find freelance jobs and opportunities in South Africa across various industries.

Best Way to Invest If You Are New to Investing

This is a beginner-friendly guide to investing in South Africa based on the safest investment instruments. We are not telling you to use it as this is not financial advice, we just want to open your mind to safe investment options based on practical experience.

I (Lungelo Shandu, founder of AK035) split my investments into three buckets:

25% - Money Market Fund

Think of this as a high-interest savings account. E.g., Satrix Money Market B1. Pays monthly dividends.

25% - High-Yield Savings

My emergency fund. E.g., African Bank or Tyme Bank. Instant access, no risk.

50% - ETFs

Exchange Traded Funds for growth. Satrix 40, S&P 500, etc.

See how your money would be allocated using the 25-25-50 split strategy.

Money Market R0
Savings R0
ETFs R0

*This is a calculation tool based on the strategy above, not financial advice.

Money Market Fund

A communal savings pot where money is lent to reliable borrowers (governments/corps). You buy "units" (usually R1 each), so capital is safe. Returns come from interest paid monthly.

High-Yield Savings

A standard bank account that pays much better interest. No risk, instant access. The foundation of financial planning.

ETF (Exchange Traded Fund)

A basket of shares. Instead of buying shares in 40 companies, you buy one ETF share that owns a piece of all 40. Provides instant diversification and tracks market indices.

Frequently Asked Questions

No. The investment strategy shared (25-25-50) is Lungelo's personal approach and is for educational purposes only. The stock market goes up and down. Always consult a certified financial advisor before investing your own money.

Rule #1: If it sounds too good to be true, it is. Rule #2: Never give money to an entity that is not FICA registered in South Africa. Legitimate platforms (like EasyEquities or Banks) will require verification. If they promise huge returns with zero risk, run.

Yes, but treat them as "pocket money" rather than a full salary initially. They pay in foreign currency (USD/EUR), so exchange rates affect your earnings. They require consistency and patience. They are great for earning your first capital to invest.

It depends on the platform (e.g., EasyEquities allows investing from as little as R10). However, to make the 25-25-50 split work effectively, having at least R1,000 to start allows you to allocate meaningfully across three buckets.

Use a strong, unique password for every site. Enable Two-Factor Authentication (2FA) wherever available. Be wary of sites that ask for a copy of your ID or bank details before you have actually earned money or opened an account. Read the Privacy Policy.