Welcome to the Santam Insure Your Future Money Bootcamp with Mapalo Makhu and Maya Fisher-French.  In this, the third episode in the series, we delve into the financial intricacies of making major purchases, specifically focusing on buying a home and a car.  We are joined by Tshiamo, one of our mentees from last year, who shares her eye-opening experience of unexpected costs when purchasing property. From transfer duties and bond initiation fees to the often-overlooked levies and municipal rates, buying a home involves more than just the deposit.  We discuss the emotional aspects of home buying, recounting personal stories and offering strategies to manage these significant financial commitments.  The episode transitions to the topic of buying a car, stressing the importance of affordability beyond just the monthly instalments. We explain why we advocate for buying second-hand cars, sharing our personal experiences and tips for ensuring you get the best deal without compromising on quality or financial stability. Join us as we explore these essential financial topics and share practical advice to help you navigate your money journey. You can access the worksheets under Resources