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Darren 'Whackhead' Simpson on going broke & making money

The Money Show’s Bruce Whitfield interviews KFM host Darren ‘Whackhead’ Simpson, a man loved and hated in equal measure for his prank calls on 94.7 (Johannesburg) and KFM (Cape Town).

CAPE TOWN - Darren ‘Whackhead’ Simpson comes from humble beginnings. The co-host of the KFM breakfast show tells 702's The Money Show's Bruce Whitfield that going broke scares him.

Simpson explains that that he got his first taste of entrepreneurship when he was eight and he grew chilies in the back garden that were sold for R1 a bag in his dad's trading store.

He then decided at 15 that radio was where he wanted to earn his keep, but that this path was not always smooth.

"I was a financial hoarder, but I didn't understand economics or how to invest." He then decided to make use of a financial planner.

But he did mistakes along the way and he says he's learned his lesson.

"The thing that scares me most about money is going broke. I’ve been there. I’ve lived in a garage twice in my life. I’ve lived in a caravan twice in my life… That’s what motivates me. To never, ever go back there."