Share

'I Blew It' - Luxury houses, cars, booze and friends are the main causes of money wasting

accreditation
0:00
play article
Subscribers can listen to this article
The show starts on 28 January on DStv channel 161 at 7.30pm
The show starts on 28 January on DStv channel 161 at 7.30pm
Mzansi Magic

Many people fantasise about what they would do with a windfall of money.

Some, with less than R1000 in their bank accounts, go through property websites talking about kitchens they do not like and how they would change them, given the right amount of money.

Yet there are hundreds of South Africans who are fortunate enough to get more money they could never imagine whether through inheritance, the lottery or even Road Accident Fund payouts and they completely misuse it, giving birth to one of the most popular shows on Mzansi Magic, I Blew It.

The show is coming back now for the sixth season.

The new season starts on 28 January with different kinds of stories that will have you saying “yho” with each episode.

Read more | From the archives | 22 kids from 16 women, R45 000 bottles of whisky, R2m wedding – how Kamohelo Potsane blew R56 million

One such episode will be of a man whose mother left him in South Africa while she looked for greener pastures in the UK when he was a child. She died while abroad and he was left with his grandmother. When he turned 18, gogo received a call from Alexander Forbes saying his mother had left him and his sister R4million and that when he turned 21, he would receive a further R1.5million. He blew it and now at the age of 44, he regrets his choices and not buying a McDonald’s franchise instead.

In another episode, viewers will meet a man from North West who was involved in a car crash in 2010 and received a payout from RAF to the tune of R1.8million. What did he do? He blew it by renting a house in an upmarket Gauteng golf estate, bought luxury cars and proposed to his high school crush after dating for just two weeks.

Read more | From the archives | Innocent Masuku who played Bobo on Yizo Yizo on how drugs ruined his career

And now? He sells food near the border of Botswana and he wishes he could have made wiser decisions with his money.

A man from Qwa Qwa lost his father, whom he was very close to. Following his father’s death, he received a payout of R15 500 000 and he blew it on alcohol, friends and buying cars.

In 2012 he received R250 000 from his father's ex fiance and wasted that. In May 2022, he received R350 000 from the Government Employees' Pension Fund (GEPF) and he also found himself misusing that money and going broke again.

He currently works at a local spaza shop in QwaQwa.

Get the best in Soccer, News and Lifestyle content with SNL24 PLUS
For 14 free days, you can have access to the best from Soccer Laduma, KickOff, Daily Sun, TrueLove and Drum. Thereafter you will be billed R29 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Subscribe to SNL24 PLUS
heading
description
username
Show Comments ()