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How To

Manage Personal Finance


Entrepreneurs also have personal finances to look after. Tshepo Kgapane,  product lead at WaFunda and an advocate of youth financial education, shares valuable tips on how to do this.


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About This Recipe


The B word strikes fear in many people’s hearts, but for Tshepo Kgapane a budget is the key that unlocks the ability to manage one’s finances and achieve financial security.

In this recipe, the product lead at WaFunda talks us through creating a budget, the importance of keeping personal and business finances separate and why a teachable money spirit is at the heart of financial success.

Tshepo also shares what his grandmother taught him about being organised and unpacks the R word (retirement) in the context of an entrepreneur’s life.

Cover These 10 Steps


  • Step 1: Create A Realistic Budget 

  • Step 2: Keep Your Finances Separate 

  • Step 3: Have A Teachable Money Spirit 

  • Step 4: Minimise Your Debt 

  • Step 5: Build An Emergency Fund 

  • Step 6: Invest In Retirement 

  • Step 7: Consider Insurance 

  • Step 8: Review Your Expenses Regularly 

  • Step 9: Seek Professional Advice 

  • Step 10: Stay Organised 

Is This The Recipe For You?

Watch these videos to understand, who our Heavy Chef is, what the topic is, what mistakes entrepreneurs often make when it comes to this topic as well as the benefits it brings.


Who Is Our Heavy Chef?


Tshepo Kgapane is a passionate social entrepreneur, financial literacy speaker, educator and podcast host. As the product lead at WaFunda, he helps lead the groundbreaking financial education tool, Blackbullion South Africa. For almost a decade already, Tshepo has been empowering young people through financial education at live events. He has also launched successful and captivating podcasts for EasyEquities and Luno, spearheaded savings campaigns and contributed as a trusted voice on Metro FM.


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