My Money - My Future

15/07/2024

God has never used people he has not allowed to go through crushing …

30/06/2024

Here is a guide on how to manage a financial windfall:

Define your goals: The first step in managing a financial goal is to be clear about your goals and how you are going to achieve them. Therefore, you need to have a clear vision of what you want to achieve and set timelines. Having a clear goal will help ensure that you take the right direction and guide you in making the right financial choices that align with your financial goals.
Reduce your debt: Paying off debt that is costing you more than you are making on your savings and investments is one of the wise financial decisions to take when you have received a financial windfall. Reducing debt will help you save money on interest and free up cash flow for other key financial priorities, such as saving for emergencies, contributing more towards your retirement, and saving for your short and long-term goals.
Save for emergencies: It is important to save for rainy days to avoid tapping into debt to deal with a financial emergency. Therefore, it is advisable to understand the type of savings products that cater to emergencies and the returns each product offers, as different savings vehicles offer different interests. For example, FNB offers a Savings Account with interest up to 7.80% p.a. and a Money Maximiser with interest up to 8.25% p.a., both of which give you instant access to your money in case of an emergency.
Save for retirement: While retirement may seem far away, the sooner you start your retirement journey, the more time you have to grow your money and benefit from compound interest. Therefore, it is advisable to use some of your financial windfall to save and invest for your retirement so that you can realize the maximum possible gains over time.
Seek professional help: Managing a financial windfall may be a very overwhelming experience, as you may not be familiar with financial planning or the right savings and investment products that will give you better returns based on your needs. For this reason, it is important to seek professional help from a private advisor to guide you in terms of the right savings and investment vehicles that will cater to your needs.

02/06/2024

Success is always entangled with period of stress, the enemy uses the stress to waste our time..if I could only remember that success is always on the other side of stress…like success and stress coexist, there is more to our suffering than what we can see!! The crushing to help u parach!! Pain with a purpose…

28/04/2024

Robert Kiyosaki, the founder of the “Rich Dad, Poor Dad” empire, says that there are six basic words that are key to financial literacy and education: income, expense, asset, liability and cash flow. The last “key” is a combination of two words, making six total terms that Kiyosaki finds essential. Here’s a look at what each of these terms mean and why they’re so important to being financially literate.

Let’s hype ourselves up with knowledge family..

20/04/2024

Kings and Queens come let’s eat wisdom …something has to give in 2024. We are not ending the year the way we started it !

170 likes, 13 comments. “It’s so hard to put away money when the cost of living has outpaced our salaries but we still need to save and invest for the future. Here are 3 ways to do that. Follow for daily simplified money insights, tools and inspiration 🧡”

20/04/2024

Kings and Queens, your thoughts on debt stockvel . I like it …

9342 likes, 681 comments. “How I Used My Friends to Pay off My +100k Debt Don’t sleep on the Power of Stockvels! Here’s how we did it. Leave a question or comment below! Follow for daily money tips, tools and inspiration 👌🏾...

18/04/2024

Kings and Queens , follow me I follow you, let’s build each other …follow for follow

18/04/2024

Kings and Queens let’s share what is keeping us with enough cash flow to month end…what’s your hustle ?

Will share some of the hustles I have seen on social media..

17/04/2024

Kings and queens let’s share , what are your great money habits …

16/04/2024

Kings and Queens always use the opportunity to negotiate your salary most employers see it as a positive point, it gives you know your worth, I am assertive, and I can’t drive a hard bargain for employer to get what they want vibes…

5 ways to answer the question….

What is your salary requirement?

1. I’m currently interviewing for positions with salaries from $165k to $190k. Does the salary for this position align?

2. I’d like to find out more about the scope and responsibilities of this role before providing you with a number.

3. According to the research I’ve done on Salary.com and other resources, taking into consideration my experience and contributions, I believe that this role should pay me $XYZ.

4. My salary has increased approximately 20% for each new role I’ve pursued. In order for me to consider this position, the offer would have to be in line with that progression.

5. Can you tell me the pay range for the professional who held this role previously and whether the salary was a factor in their departure?

You are in control (even if you don’t feel like it).

Many employers are trying to pay you the least….

But when you drive the narrative, you have a much better chance of getting the most!

Know your worth. Inform your career path by finding out what you should earn. Use your customized salary estimate to negotiate pay with confidence.

15/04/2024

Hi Fam it’s been a while but we back , so much has been going on in terms of building the brand and the seminars. Be on the look out for new detail and material . Let’s unlearn what we need to unlearn about money goals , how to attract and make money , how to control and manage your relationship with money and even lack sometimes.