Debt-To-Income Ratio: The Lower the Better
A Debt-To-Income (DTI) Ratio is the financial metric that compares your monthly debt payments to your income amount before deductions. The lower your percentage reflects, the better your financial position.
Credit Agreements: Your Rights and Responsibilities
It is equally important to know what your CONSUMER RIGHTS and your RESPONSIBILITIES are concerning your credit agreements…
Budget & Discipline Your Way to Money Mastery
By adjusting your budget accordingly and implementing the required steadfast discipline along your financial way, you can ensure yourself money mastery success even when having to deal with some changes and disruptions during your journey.
5 Frugal Christmas Tips to Help Ensure Yourself a Janu-NO-Worry
The festive season is here, and you might feel the pressure to splurge on jolly goodies and once-in-a-lifetime deals. However, it’s time to embrace a money-mindful approach by saying ‘NO’ to festive FOMO and ‘YES’ to invaluable experiences so that you pave the way for a worry-free January. In this pursuit of a more mindful and financially sound holiday season, here are five frugal Christmas tips to help ensure yourself a Janu-NO-Worry: Christmas Budget: Know your current money position and [...]
Five (5) Money-Mindful Tips for a Financially Responsible Black November
Don’t set yourself up for an indebted 2024 by overspending and overstretching your pocket this shopping season. You can be financially mindful this #BlackNovember by avoiding impulse spending and being fully aware of your financial position – focusing your attention on your budget and ‘real needs’ instead of those unnecessary ‘wants’…
The Case for Credit
We have all heard that saying, “money makes the world go round”. In fact, that statement is completely incorrect. The actual truth is that CREDIT makes the world go around. Without access to credit, the world economy will collapse, and poverty will be far worse than it is now. Having a dream of being debt free is great, and one should always work toward it if that is your goal. The reality for most consumers in South Africa and the [...]
5 Ways to Financially Survive Each Month as a Single Mother
Managing your finances alone is only one of the hardships as a single mother. The huge responsibility that rest on you as a single mother often leads to stress, anxiety and definitely feelings of depression or hopelessness. *According to Statistics South Africa, 45.6% of South Africa`s children are raised by single mothers. (*http://www.statssa.gov.za/wp-content/uploads/2018/03/Mbalo-Brief-March-2018.pdf) Although this statistic is quite shocking, it helps to remind the single mother that there are others like her. With that said, the question remains: How will you survive [...]
