Category: money
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Step 1 for A Secure Financial Future – Take Stock!
Read More: Step 1 for A Secure Financial Future – Take Stock!Whether you have broken your 2020 new years resolution by now or not, for the most of us, our finances continue to be a concern. Here is the first step towards planning for a Secure financial future. Take Stock of Current Financial Status, that is, Calculate your current NET WORTH. Do this at least quarterly;…
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Orientation for a Secure Financial Future
Read More: Orientation for a Secure Financial FutureScanning the landscape of your financial future? There are about six major ways to become wealthy: Be Born into a Wealthy Family It goes without saying that if you are the child, relative, or heir of Warren Buffet, Bill Gates, Sam Walton, or Africa’s Aliko Dangote, or Mexico’s Carlos Slim, or any of the royal…
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How to Give the ‘Perfect Christmas Gift’
Read More: How to Give the ‘Perfect Christmas Gift’In Developing Countries; it is easier to come up with gift ideas, (if you have the funds for it), there are many things that people need but do not have; indeed cooked food was the gift that my mother dispatched (through us children) to neighbors, extended family, and friends as a sign of good will…
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The Minimum Monthly Payment Trap 2!
Read More: The Minimum Monthly Payment Trap 2!In my last post, I told you two ways your loan balance can continue to increase. Even when you are making your minimum monthly payments, if you miss your minimum monthly payment, and/or whenever you are allowed to pay less than your minimum monthly payment your loan balance may continue to increase. Other scenarios in…
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The Minimum Monthly Payment Trap!!
Read More: The Minimum Monthly Payment Trap!!As a general principle, debt is bad unless It’s an investment debt, examples of which are, education loans in an area and, in an amount that makes economic sense a mortgage, a loan to purchase a house or real estate, for which at least you have a real asset to sell off later, it can…
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[Very] Basic Steps for Managing Your Money!
Read More: [Very] Basic Steps for Managing Your Money!TOO MANY ‘days left at the end of your money’; the next pay check? Here are simple steps to help you manage your money! Know Your Spending Pattern! Track your every penny for 2-3 months. Write it down, use Excel. Make a list. Write down the Date, Place, Description, Amount, for every penny you spend!!!…