Please remember that the Debt Review process is a legal process. Of married in community of property both spouses must apply. #DebtReview You have to be over indebted in accordance to NCA,to be legible for debt review and you must be employed. They need to see an ability to commit to the process #DebtReview

Introducing @AvonSouthAfrica breakthrough innovation: Protinol. The secret to baby soft skin. Restoring Collagen 3 to work with Collagen 1 to give you firmer, plumper and stronger skin. #AD The Steps are simple.
1. Flick,
2. click and
3. Apply to Restore 7 years of collagen loss in just 7 days. #Anew7dayreset @AvonSouthAfrica

I want to talk a little bit about Investment Objectives - I in my journey have 4 investment Objectives. 1, Capital Preservation, 2. Capital Growth, 3. Asset Appreciation and 4. Income Generation (from a appreciating or depreciating asset). #FinancialBunny Capital Preservation is really when you want your money to only beat inflation. It's much safer than the rest and you might as well call it savings. You avoid risk and volatility #FinancialBunny

Let’s say for argument sake you borrow R200k

1. On a personal loan you might get 17-21% interest rate to pay off in 5 years at R6000 p/m

2. On a home loan you might get 8-10% over 20 years at R1900 p/m Why would you opt for a personal loan if you are looking to build or buy a stand? The 20 years is a mental barrier. There is no law that says you must take 20years to pay off. Surely if you afford R6K you much rather pay it off using a better credit facility. I’m just asking

Advantages and Disadvantages of Investing in Bonds a short Thread;

Advantages
1. Receive interest through interest payments
2.if you hold the bond until maturity you get all your principal money back ( the money you initially invested or borrowed the bond issuer) #bonds 3. You can also make profit by reselling bond at a higher price
4. Bonds generally yield less results than equity (shares investments) but are much more safer than the stock market #bonds

Let me summarise an article by @FNBSA on Bonds in a thread;

Equity market instability and low cash interest rates have left savers and investors, both locally and abroad, taking another look at government bonds as a potential area of investment. #Bonds Government bonds are a popular fixed income instrument; they are generally less volatile than equities and offer higher yields (interest rates) than cash. We look at how government bonds work and how to gain access to this asset class. #bonds

April is financial literacy month
Which of the following Financial Sins do you need to confess to?

1. I live beyond my means
2. I overdraw my account monthly
3. I max out my credit card
4. I have investments but don’t understand them

#FinancialConfessions April is financial literacy month
Which of the following Financial Sins do you need to confess to?

5. I’m saving Nje with no goal
6. My employers plan is my only retirement plan
7. I don’t even know how much I need for retirement

#FinancialConfessions

So you are toying with the idea of buying your first property either to live in or for investment here is a Thread on what to look out for, what will make your life easier and where you can get easy wins.

A Thread Start off by mentally preparing yourself for the process. Property wether bought cash or with a HL is a big purchase.

On that note here is a #FinancialDinner on how to purchase American stocks like Apple, Facebook, Amazon using the @EasyEquities platform. So firstly you need to be registered with EE first, get Ficad and get an active account. #FinancialDinner then you need to go to the tab that reads EasyEquities USD and at the drop menu then click deposit. Here there will be two options. 1. Swift payments cause you ain't in the US or using a US account. So this is ur option and 2. If you use a US account

First Time Share Investors: Firstly you need to make the decision to invest in shares and understand that there will be a little bit of learning that must take place and understand the secret is to invest Surplus money and not money you need immediately #SharesInvestment What are shares: Companies issue shares to raise money from investors. Maybe a company needs to fund groundbreaking research, open a division in a foreign country, or hire talented engineers. They are intangible assets that give you ownership in a company #SharesInvestment

You know what’s funny. People always work out the numbers for buying a house using a loan and discourage people from buying but no one ever does the numbers for renting, which is the alternative. 😂 I’ve done the numbers. Tomorrow I’ll thread why a house is an investment I mean people are living longer. Imagine renting a two bed at R9K plus R1K of utilities plus 10% annual rental increase for 40 years then not to have anything to show or pass on as generational asset. Shem ANDIZI but ke😌