Stockpiling queen shines the spotlight on saving

STOCKPILING is a skill that takes time to master – according to Ncumisa Ndelu who is the founder of 1Family 1Stockpile which is a Facebook group that encourages saving.

Since its inception in 2016, 1Family 1Stockpile has amassed more than half a million members from all over Africa.

Stockpiling is the practice of buying food and household items in large quantities while they’re on special to save money in the long run.

Ndelu, who hails from Umlazi, says that she learnt the trick of using money wisely from her mother who made every cent count in their household. She says that as a single parent, her mother had to make ends meet with the little that she had, and she still made it stretch.

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“My mother taught me the importance of saving and stockpiling from a very young age, and I applied that knowledge when I got my first job as I had to move out from home and live on my own. I have never looked back since,” she said.

Although she has touched the lives of many women, this stockpiling queen believes that she still has a lot more work to do as she hopes to mentor young women in higher learning institutions about being money savvy. She says that through her Facebook group, she has learnt that a lot of women are dealing with financial stress, and she feels they deserve a grant of their own.

Ndelu says that if you are not financially well, there is no way that you’re going to be mentally, physically and emotionally well, and that’s why she has formed relationships with lawyers and financial advisors so they can make their resources available to the women in the group.

“I was also once blacklisted, and I had to see my way out. My goal is to make sure that women are free from the chains of debt and achieve a healthy financial status – nothing gives me more joy than seeing testimonials of ecstatic women in the group because they have finished paying off a particular debt,” added Ndelu.

When asked about saving tips, Ndelu said we all need to be at least three months ahead with our financial goals as this gives us enough time to plan properly. Her advice to those who would love to begin stockpiling but feel they don’t have enough money – they need to start with the little that they have.

Among some of Ndelu’s achievements is the most recent one where she was invited to take part in the 2022 Facebook Summit as the founder of one of the most influential groups on Facebook.

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