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Chumz.io Profile picture
@Chumz_io
Aug 20, 2019 • 5 tweets • 1 min read • Read on X
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More from @Chumz_io

Chumz.io Profile picture
Oct 25, 2019
6 TIPS TO SAVING MORE MONEY

01. AUTOMATIC SAVINGS
->When you get your income, before you do anything else, save first
->You can set up a standing order with your bank or better still, a check- off system with your employer to help save automatically
02. LOOSE CHANGE
->At the end of the day, empty your purse/wallet and save coins in your Piggy bank
->When it fills up transfer funds into you savings account
03. SAVE YOUR 50's
->You can decide to save every 50 bob that passes through your hands
Read 7 tweets
Chumz.io Profile picture
Oct 11, 2019
How to get out of debt

thread
1.Set up a payment plan

Acknowledge ,list & calculate all your debt then create plan on how to repay

A plan helps you prioritize debts and track your repayment progress
2.Don't create more debt

Don't borrow a loan to service or repay another existing loan
Adding more debt while paying off doesn't result to any progress
Read 7 tweets
Chumz.io Profile picture
Sep 21, 2019
STEPS TO MAKING A SUCCESSFUL BUDGET

Thread
1.Calculate your expenses
Record your expenses daily,even the smallest i.e.Bank&Mpesa charges, Snacks,tips
This will give you an accurate financial picture of your expenses
2.Determine your income
Besides your regular income, add any extra income you get. i.e side hustles, interest and dividend
Read 7 tweets
Chumz.io Profile picture
Jul 28, 2019
Hi there,
Wondering how to start on savings and be consistent at it?

Follow this thread for simple tips how to go about it
#savings #savingculture #financialliteracy #financialwellness
01.
Read 8 tweets

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