Lobola is a common practice in many parts of southern Africa but many aren’t able to afford it in recent times. Photo: Stock Image / Pixabay
Lobola: Tips to save up for the marriage tradition
Lobola is a common practice all over southern Africa but can be unaffordable for many – here are some tips to ensure you’re ready.
Lobola is a common practice in many parts of southern Africa but many aren’t able to afford it in recent times. Photo: Stock Image / Pixabay
Lobola is a common and well-known custom practised in many parts of southern Africa.
What is lobola?
The custom involves a groom paying either cash or cattle to the family of the bride – but this may not be affordable for all.
Earlier this week, 61-year-old Carl Niehaus announced online that he had paid lobola for his partner Noluthando Mduli. But for many, this is not something that can be afforded.
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According to IOL, the amount of money or cattle requested for lobola has increased substantially in recent times.
What is the average cost in SA?
Professor Dori Posel and Dr Stephanie Rudwick found, in a study, that lobola contributed to a decline in marriages in SA.
With lobola ranging depending on a variety of factors, grooms can pay from R10 000 to R50 000 upwards.
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The Mail & Guardian took a poll where the average amount paid was R61 540.
In South Africa, the average cost for one cow is between R3 000 and R10 000, as reported by uni24, however, the amount of cows for lobola varies all over SA.
Tips to save up and plan for your future
Here are some important tips to ensure you have the cash ready for your future bride:
- Start ASAP
The Citizen suggests starting to save as soon as you can.
If you are marriage-minded early on, start saving up money as early as you can as you don’t want to end up in debt.
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- Budget for your fund
It’s important to have an idea of how much you will be putting towards your specific lobola fund.
IOL reports that drawing up a regular budget plan that includes your income, expenses and savings is important but make sure you have a SEPARATE column for lobola.
- Monitor your expenses
Times are tough and saving for lobola may seem like something that’s nearly impossible but it can be achieved – with a little patience.
Track your expenses and review which areas of your life can have some expenses cut. Be realistic about your disposable income after bills and savings.
Find out exactly where your money goes (take a look at some of your bank statements) and see what you can possibly live without.
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