Retirement Talk

18/06/2020

new opportunities for introducing UBI

The utopian idea of universal basic income — which has been with humanity for at least half a millenia — can become real with digital currency

10/06/2020

08/06/2020

Bitcoin & Ethereum are not a security because it's decentralized; there is no central party whose efforts are a key determining factor in the enterprise.

07/06/2020

7th Jun 2020 - Cryptocurrency

Market cap is $270 billion & 5549 cryptocurrencies.

Ethereum is proofing to be more important, and the price is going up @ $238 representing about 10% of the cryptocurrency market cap.

Will Ethereum be worth more than Bitcoin??

13 April 2020 - Cryptocurrency

22/04/2020

GOLD GOLD GOLD

Gold will rally 80% over the next 18 months as central bank stimulus and economic turmoil drives record interest, Bank of America forecast in a ...

12/04/2020

13 April 2020 - Cryptocurrency

01/12/2019

BOSETU Funeral Scheme (BOFUS) held a successful AGM 2019 , as guest speaker. Funeral cover reduces the pain of mourning

29/11/2019

BOSETU.org.bw BOFUS 2019 AGM "Life planning & Financial Management"

08/10/2019

Financial literacy is the ability to understand how money works: how someone makes, manages and invests it, and also expands to donates to church & charity)
Acts 20:35 - I have shewed you all things, how that so labouring ye ought to support the weak, and to remember the words of the Lord Jesus, how he said, It is more blessed to give than to receive.

Financial Management means planning, organizing, directing and controlling the financial activities and utilization of your financial resources. It means applying general management principles to your financial resources.

Why is financial management & literacy important?

Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals.

Financial literacy is important because it equips us with the knowledge and skills we need to manage money effectively. Without, it leads to lack of proper budget, no saving and financial depression

Budget - Budgeting is creating a plan to spend & save your money.Budgeting is simply balancing your expenses with your income.

Luke 14:28-30 - “Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? For if you lay the foundation and are not able to finish it, everyone who sees it will ridicule you, saying, ‘This person began to build and wasn’t able to finish.

WOMEN ON FIRE/ FINANCE/FIRST NATIONAL BANK

Financial literacy: having knowledge about money.
Financial Management: how to manage your finances, having education on money. How to make money and how to invest it, donating towards charity a d church.

It is vital that we have executive meetings at home as fundamental issues will arise during these meetings. Before spending money discuss finances within the family including your children so that they are informed. We are equivalent to standards so do not bring other issues which do not amount to your income; income + expenditure = dept. Utilise your income to equal your expenditure, your monthly income determines whether your savings are possible and achievable.

Branch Manager Mr Kgotso