Bahole Group

18/06/2023

21/09/2022

Greetings All

*LAWS OF FINANCE*

There are 2 types of Laws of finance:
1} LAW OF POVERTY.
2} LAW OF WEALTH.

*1} LAW OF POVERTY:* This law states that work alone or work under someone and remain poor for the rest of your life. 95% of people in the world are living under this law. The people under this law make use of their credentials, they have ego, they seek for job, they have someone called boss, they receive salary which is fixed amount.

*B.O.S.S*
B= Building
O= On
S= Some one
S= Success

*S.A.L.A.R.Y*
S= Something
A= Always
L= Low
A= And
R= Reduces
Y= You

These people are called the working class. They always look for job.

*J.O.B*

J= Journey
O= Of the
B= Borrowers

*2} LAW OF WEALTH:* This law states that work with a team or group of people and remain wealthy forever, it is just 5% of people in the world that are living under this law. The people under this law make use of their potentials, and they are called the thinking class, they think of what to offer to the society and in turn make money. These people they earn their money which is income and it is not a fixed amount. These people are called the thinking class.

_The difference between these laws is that the people under the_ *LAW OF POVERTY* _don't make use of opportunity.. while those under the_ *LAW OF WEALTH* _make use of any opportunity that comes their way. The wealthy ones make use of *ID Number* and also *Partnership,* they have what is called big dreams but the poor don't have._

*REMEMBER THESE TODAY*
👇🏼👇🏼👇🏼👇🏼

Money does not respond to qualifications
Otherwise the wealthiest people should have been *Ph.D holders.*

Money does not respond to age Otherwise the world's oldest twins would have been the *richest.*

‍ It is not about your *degree*
It is all about what you do after the *degree.*

‍Have you noticed that the 1st class degree holders are not the *Richest*
Neither are the *3rd class degree holders the poorest.*
There is more to being wealthy than education.

The most important thing is *Mindset* 👌 and the next thing is a *Commitment to self DISCIPLINE.*👏

The only person holding your key to success is *YOU.*

The secrets to success is for you to be willing to pay the price but the challenge is that very few are ready and willing to pay the price to succeed.

While some are partying and gisting, others are learning, planning and earning.

25/04/2022

13/11/2021

Investing is important, if not critical, to make your money work for you. You work hard for your money and your money should work hard for you. As it happens, the bank is certainly not breaking a sweat paying you to keep your money in their vault. The onus is on you to put your money at work.

Investing is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income stream if needed ahead of retirement. Various investments such as stocks, ETFs, bonds, or real estate will provide either growth or income but in some cases both.

Not investing, or not doing it properly, can mean a longer working life. When taking investing seriously, the returns generated from your investments can provide financial stability in the future.

18/07/2017

We may have all come on different ships, but we're in the same boat now.
-Martin Luther King, Jr.

04/03/2016

An open letter from Maria Ramos to South Africans:

Barclays Africa is here to stay. Absa is here to stay.

In 2013, we fulfilled our ambition to build a leading African bank when we brought together 12 banks across the continent and formed Barclays Africa. We put the future of this organisation firmly in our own hands. There are five things I would like you to know about the Barclays Africa that we built:

1. We employ 42 000 people whom I am immensely proud to call my colleagues and friends.
2. We have over 12 million customers who trust us with their money in 12 countries across the continent.
3. We have significant reach in Africa with 1 251 branches and 10 378 ATMs.
4. We are a leading bank in all of the 12 markets in which we operate.
5. We are independently listed on the Johannesburg Stock Exchange and have a strong balance sheet of over R1 trillion and are well capitalised.

Today Barclays PLC announced their intention to sell down their 62.3% stake in Barclays Africa (Absa in South Africa) over the coming two to three years. This announcement will not affect you, our customers, in any way and we at Absa will continue to serve you as we have done for over 100 years.

Our future as Barclays Africa is very bright and our ambition to be Africa’s leading bank remains unchanged. We are deeply committed to the communities in which we live and work and today, when we announced our financial results I also said we will invest R1,4 billion in education and skills development across Africa over the next three years. That commitment extends to the way we serve our customers. Nothing in today’s announcements will make us deviate or change our course. We at Barclays Africa are neither exiting our operations in South Africa nor the rest of our African markets.

Our destiny is Africa and our business is one of shared prosperity. We look forward to building a future and helping you, South Africa and Africa, Prosper.

Kind regards

Maria Ramos
CEO of Barclays Africa