Paying down debt is a challenging process but it is well worth it. If you have made the decision to slay your debt, you will need to set yourself up for success so that the process is a little easier. Here are 6 tips that will help you to be successful with paying off and keeping off debt: ๐ญ. ๐ฌ๐ผ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐ฐ๐ผ๐ป๐๐ถ๐๐๐ฒ๐ป๐๐น๐ ๐๐ผ๐ฟ๐ธ ๐ผ๐ป ๐๐ผ๐๐ฟ ๐ ๐๐ก๐๐ฆ๐๐ง Your mindset is what will help you get…
Debt has become the stressful part of almost every household, Credit card debt, student loans, personal loans, car loans, etc I am deliberately leaving out mortgage debt at this point but at some point, you will have to consider reducing it as much as you can. Are you ready to learn how to get out of debt? Deciding to get out of debt is a mindset thing. Once you make that decision and start taking…
Interest rates and inflation have been in the news in the past few days. There is probably no doubt that interest rates will be going up very soon. If you have managed to get round to learning the basics of investing and are now ready to start investing, you may want to consider a few things as you make that decision. Savings and Investing – The Difference Savings and investing are very important for building…
You must have heard of investing a thousand times over. Itโs all over us and we hear it day in day out. But your perspective to investing will determine how much you get out if it and how confident you deal with it. As you know, I am an accountant by profession. That means, I hear about different types of investing everyday as I meet different business people wanting to invest in one thing or…
Making the decision to better manage your finances is not always an easy one. For many of us, it comes after many unpleasant money experiences, money mistakes, struggles and the realisation that we live pay-cheque to pay cheque, that is, we are a pay cheque away from bankruptcy. If you haven’t had any bad money experiences and have not experienced lack at any point to get you thinking, here are some questions to ask yourself…
The pandemic came to make a bad situation worse as far as the finances of most families are concerned๐๐ Families are facing very challenging days keeping up. I know how hard it was for me when I lost my job at the wake of the pandemic.๐ฐ๐ฐ As if life didnโt throw so much at you already In the midst of it all, it is very easy to get caught up in a cycle of negativity๐๐…
๐ฑ ๐ช๐ฎ๐๐ ๐ง๐ผ ๐๐บ๐ฝ๐ฟ๐ผ๐๐ฒ ๐ฌ๐ผ๐๐ฟ Self-Discipline When Managing Your Finances When I started working on my finances, self-discipline is something I struggled with, and this was down to the fact that I didn’t always have a clear set goal for each step I was taking, but I gradually made some changes and became good at it. I realised that it was imperative to work on your self-discipline when managing your finances. Becoming a student of…
Are you thinking of starting your own small business/side hustle? Maybe you are can see yourself quitting your job one day to run your business full time. Starting a business can be challenging and knowing what things you need to focus on upfront is important. To run a successful side hustle, you need to put a good foundation in place Below are the things you need to put in place: 1) Creating a good business…
How to Improve Your Credit Score? If you have been rejected for credit or you have checked your credit score and it is not good, do despair, there is always hope! There are so many different ways you can improve your credit score, and Iโm going to show you some of the things that would work for you. Checklist are always a great place to start when a task is at hand. Let us get…
Accounting 101 โ Understanding Your Personal Financial Statements When we talk about accounting, many people think business, but accounting is really something that applies to us as individuals in our daily lives just as much as it applies to business. As it has to do with numbers, many people tend to shy away from it, but it is the very basis for our finances. Understanding the numbers makes a huge difference between the one who…
