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…
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…
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…
30 Empowering Money Quotes That Will Inspire and Motivate You Money, they say is not the most important thing, but we also know that money is the cause of most broken relationships. Money comes between the most beautiful relationships; it causes a lot of stress and finally leaves the best people doubting themselves. It affects the mental health of many. Money may not be everything, but it does make a lot of things better including…
5 Steps to Managing Your Money Effectively in 2021 Understanding your personal finances and knowing where you want to be with your finances is a very important step in your financial journey. We often hear a celebrity or a serial entrepreneur being described by their net worth. You do not have to be a millionaire or a celebrity to work out what your net worth is. Do you have a financial goal you want to…
Top 7 Financial Goals That Everyone Should Have For 2021 Most people wait for the end of every year, then set new year resolutions, but how effective are these new year resolutions? Most of these are forgotten before the end of quarter one in the new year. That is why goals are what we should be working on all the time rather than resolutions. These goals should be visited often, with a reassessment of where…
How to Make Good Spending Decisions โข Did you know that each one of us has a financial personality? โข Do you know what your financial personality is? Our financial personalities are influenced by factors within our subconscious minds other than the price of items or how much money we have to spend. These factors drive our attitude towards spending money. โข What is your behaviour when it comes to money management? I used to…
