08/12/2025
Yvette and Georgiana both make R50k net a month as responsible pharmacists in 2 neighbouring corporate pharmacies.
They both get into an altercation with their area manager Tony, who vows to fire them.
Tony, makes their daily work environment so miserable and it affects their mental health severely.
After 3 month of bullying, discrimination and intimidation, Yvette decides to resign because she knows she has a fully funded emergency fund of 10 months. She will be able to find another job within 6 - 8 months.
Unfortunately, Georgiana did not have an emergency fund as Yvette did. She has a savings accounts with about R60k in it. It will barely last her 2 months if she resigns. She fears the risk of being financially stranded.
Yvette comfortably walks away while Georgiana is stuck and has to endure the misery until she is sent to a mental facility and develops more related chronic illnesses.
Yvette's expenses:
Food - R5000
Rent/bond R10 000
Transport R 8000
Insurances R2000
Meaning every month she would need a minimum of R25k to survive.
From her R50k net, that means she was able to cut everything else out like black tax/ family, friends, leisure, travel, fun etc. and put away R20k monthly.
that means her total emergency fund needed was R250 000. It took her just over 1 year to be set.
Please calculate your monthly expenses and be sure to be like Yvette. Within 1 or 3 years of intense saving, you will have the cushion you need to start investing and taking more financial risks. Also this will give you courage to stand up to bullies and employers who think you are desperate.