Stokvel tracker
What does my stokvel really pay out?
Follow your contributions and payout month, see your position month by month and what counts as savings.
Your stokvel
R
Members10
The month you receive the payoutMonth 4
Months you have paid so far3
Nothing is saved when you leave this page. Write down your numbers or take a screenshot.
Where you stand
Paid in so far
R 1 500
Payout in month 4
R 5 000
1 month to go
Your position now
-R 1 500
paid in, still owed to you
| Month | You pay in | You receive | Position |
|---|---|---|---|
| 1 | R 500 | - | -R 500 |
| 2 | R 500 | - | -R 1 000 |
| 3 | R 500 | - | -R 1 500 |
| 4 (payout) | R 500 | R 5 000 | R 3 000 |
| 5 | R 500 | - | R 2 500 |
| 6 | R 500 | - | R 2 000 |
| 7 | R 500 | - | R 1 500 |
| 8 | R 500 | - | R 1 000 |
| 9 | R 500 | - | R 500 |
| 10 | R 500 | - | R 0 |
Counts as savings. Money-Sense counts regular stokvel contributions as savings. Yours is R 500 a month, so add it to your savings line on the budget check.
Your position is lowest just before your payout, at -R 1 500. That is money you have lent to the group.
A stokvel is not a bank account. Ask how the payout order is decided and what happens if a member stops paying or leaves, and agree the rules in writing.
Financial education, not financial advice. Money-Sense does not recommend any product and nothing here is personalised advice. Results depend on the figures you enter and on assumptions that can change. Speak to an authorised financial services provider before you make a financial decision.