Essayer OR - Gratuit

SHOP LIKE AN ACCOUNTANT!

Personal Finance

|

June 2022

Your list, a calculator, and a penchant for methodically stacking a shopping trolley will help you fight back against rising prices

- STEVEN JONES

SHOP LIKE AN ACCOUNTANT!

THE AFTERMATH of the COVID-19 pandemic, followed by Russia’s invasion of Ukraine, have combined to create one of the worst cost-of-living crises of the 21st century, with inflation rearing its ugly head in a number of countries, including the UK and US, that have enjoyed relatively lower rates of inflation over the past decade.

Meanwhile, Eskom has not yet managed to turn off the sun in Sunny SA, but relentless above-inflation hikes in the cost of electricity over the past few years haven’t exactly brightened the average South African’s day.

Add to this the massive increase in the cost of fuel, coupled with the rise in food prices, and even the relatively well-off are starting to look for ways in which each rand can be stretched as far as possible. One of the ways in which consumers can save a significant amount in their monthly shop is to think like an accountant!

Accountants are generally quite easy to spot. They’re the ones who are hunched over their shopping lists, meticulously ticking off each item as it is carefully placed in a strategic area of the trolley— perishables in one corner, frozen foods in another, and cleaning stuff towards the front of the trolley.

Tenderly cradling their best (only?) friend in their hand, they gently caress the keys as they tally up their items. The more diligent ones add things up to the last cent, while those who have accepted their shopping trip as a rare day off from the office round it up to the next rand, thereby guaranteeing that they’ll come in under budget. Spot the silent fist pump when they get to the tills!

Okay, this sounds a bit extreme, and no normal person would ever behave like this. However, for the rest of you who have lives, you can nonetheless save quite a bit by taking a leaf out of the bean-counter’s book.

PLUS D'HISTOIRES DE Personal Finance

Personal Finance

Costco Wholesale Corp. (COST US)

Costco Wholesale Corporation is a membership warehouse club that sells a variety of food, automotive supplies, toys, hardware, sporting goods, jewellery, electronics, apparel, health, and beauty aids, as well as other goods with a robust international footprint. The company serves customers through its warehouses and e-commerce sites.

time to read

2 mins

October 2025

Personal Finance

Personal Finance

Township property: An untapped market?

Soweto leads township 'big three'; Khayelitsha needs more of Cape Town's shine

time to read

4 mins

October 2025

Personal Finance

Personal Finance

Graduated-now what?

Survey of young Africans shows that degrees don't always land them a job

time to read

4 mins

October 2025

Personal Finance

Personal Finance

City of Cape Town and Walmart shake up CRE sector

Public-private partnerships and global retail giants drive commercial property renewal

time to read

3 mins

October 2025

Personal Finance

Personal Finance

Happy birthday! Two-Pot turns one

SEPTEMBER MARKED one year since the implementation of South Africa's Two-Pot retirement system—a reform aimed at balancing the need for long-term retirement savings, with the immediate financial needs of individuals.

time to read

4 mins

October 2025

Personal Finance

Personal Finance

Rethinking investing in an age of uncertainty

Focus on fundamentals, not forecasts

time to read

3 mins

October 2025

Personal Finance

Anheuser-Busch InBev (ANH ZA/US)

AB InBev is the largest brewer in the world. The company produces, markets, distributes, and sells a portfolio of over 200 beer brands. Its global flagship brands include Budweiser, Stella Artois, and Beck's. The company fully owns SAB, following the acquisition of SABMiller in October 2016. Headquartered in Leuven, Belgium, ANH is geographically diversified with its footprint spanning across ~50 countries.

time to read

2 mins

October 2025

Personal Finance

Personal Finance

The end of the shock absorber

Sticky inflation, rising fiscal strains and weak growth are eroding the role of bonds

time to read

3 mins

October 2025

Personal Finance

Analysing annual reports (part 3)

WHEN EVALUATING the financial health of a company, many people focus on the income statement or the balance sheet. While these are essential tools, the cash flow statement often provides the clearest picture of a company’s real financial strength.

time to read

3 mins

October 2025

Personal Finance

The Krugerrand comeback

ANALYSTS ARE predicting that 2025 will be a boom year for Krugerrandsnot only because values are escalating along with the gold price, but because this year is expected to see the highest sales in decades.

time to read

2 mins

October 2025

Translate

Share

-
+

Change font size