Teko Modise: A Journey from Stardom to Financial Wisdom

1 min read
south african football financial responsibility

South Africa has produced some of the world’s most exceptional football players, and Teko Modise is undoubtedly one of them. He played for notable teams such as Orlando Pirates and Mamelodi Sundowns, but despite his success, Modise realized that he needed to rethink his extravagant lifestyle after his last significant contract.

A Difficult Time

At the height of his career, Modise enjoyed expensive cars, luxurious apartments, and designer sneakers. His lavish spending habits soon caught up with him, and he was forced to face the reality of downsizing his lifestyle. This shift in perspective was a crucial turning point in Modise’s life as it helped him prepare for life after football.

Newsletter

Stay Informed • Cape Town

Get breaking news, events, and local stories delivered to your inbox daily. All the news that matters in under 5 minutes.

Join 10,000+ readers
No spam, unsubscribe anytime

A New Beginning

Modise started his journey towards financial responsibility by cutting back on his expenses. He sold three of his cars, downsized to a smaller apartment, and limited his spending on sneakers. However, rumors began to circulate that he was financially struggling, and he found himself with just one remaining friend.

Fortunately, Modise’s move to Cape Town City helped him shift his focus towards personal growth and change. Although his earnings were significantly lower than his salary at Mamelodi Sundowns, the experience taught him valuable lessons about financial responsibility.

A Wiser Modise

Today, Modise is a businessman, football pundit, and ex-player who has launched his talent agency. He offers financial guidance to emerging footballers and collaborates with Nedbank to emphasize the importance of making wise financial decisions. Modise admits to his past mistakes and recalls purchasing a costly car due to depression and the need for acceptance. He now understands that material possessions cannot fill an emotional void.

A Humble Beginning

Modise’s career started with Ria Stars, where he earned a meager amount of R2000 before tax. Despite his modest start, Modise’s career took off, and he became a beloved figure in South African football.

Personal Growth and Success

Modise’s journey serves as a testament to the power of embracing change and learning from our mistakes. By making personal sacrifices and learning invaluable lessons, he became a wiser and more financially responsible individual. Today, he is an inspiration to many in South Africa’s football industry and beyond.

Tumi Makgale is a Cape Town-based journalist whose crisp reportage on the city’s booming green-tech scene is regularly featured in the Mail & Guardian and Daily Maverick. Born and raised in Gugulethu, she still spends Saturdays bargaining for snoek at the harbour with her gogo, a ritual that keeps her rooted in the rhythms of the Cape while she tracks the continent’s next clean-energy breakthroughs.

Leave a Reply

Your email address will not be published.

Previous Story

A Celebration of Women’s Empowerment: The Netball World Cup Trophy Tour Across Western Cape

Next Story

Extraordinary Supercar Tales: Elon Musk and Rowan Atkinson’s Adventures with the McLaren F1

Latest from Blog

Forty Metres of Air: The Morning Kiteboarding Rewrote Physics

Hugo Wigglesworth, a young kiteboarder, defied gravity and rewrote the record books by soaring an incredible 40 meters into the air. He used powerful winds, a perfectly timed jump off a wave, and special gear to achieve this amazing feat. His careful planning and hundreds of practice runs made him fly higher than anyone before, showing the world what’s possible in kiteboarding.

Airbnb Under Fire: How Cape Town’s Housing Crunch Became a Tourism Blame-Game

Cape Town’s housing woes are NOT really Airbnb’s fault, even though a viral photo tried to blame them! The real problem is that not enough homes are being built, and lots of new people are moving to the city. Getting building permits takes forever, making homes expensive. Airbnb brings in lots of money and jobs, and even if all Airbnbs disappeared, it wouldn’t fix the big housing shortage. The city needs to build more homes and make it easier to do so, not just point fingers at tourists.

Cape Town’s Hottest Tables: Where Summer Tastes Like Salt, Smoke and Midnight Vinyl

Cape Town’s new restaurants are super exciting, offering amazing tastes from the ocean, farms, and even old recipes. Places like Amura serve unique sea dishes, while Tannin has a huge wine list and tiny plates. Café Sofi bakes heavenly pastries, Beach Buns makes awesome burgers, and Le Bistrot de JAN mixes French and South African flavors. These spots let you taste the city’s lively food scene, from fancy dinners to casual beach eats, making every meal an adventure.

Between Concrete and Current – Four Inland Hearts Meet the Indian Ocean

This article tells a beautiful story of four South Africans from inland places who see the Indian Ocean for the very first time. For many, the sea is just a picture, far away and hard to reach. But when these brave people finally touch the salty water, it changes them deeply. They feel the ocean’s power, taste its salt, and understand that this huge, blue world is now a part of their own story, breaking down old ideas about who can connect with the sea.