Financial security and stability are essential factors to leading stress-free lives and achieving long-term goals. Focusing on building a solid foundation of savings and adopting smart financial practices can greatly contribute to your overall well-being. This article presents a collection of practical savings and finance tips that can help you manage your money effectively, plan…
Effective loan management is crucial for maintaining financial stability and achieving long-term goals. Whether you have a student loan, mortgage, car loan or any other form of debt, developing a well-devised repayment strategy can help minimise stress, save money and maintain a positive credit history. In this article, we will discuss effective strategies for loan…
Demonstrating that you have enough financial resources to cover your expenses during your trip. Requirements may specifically vary depending on destinations and purpose of travel such as; tourism, business or studies. FORMS OF PROOF OF FUNDS – Bank statements Choose the appropriate time-frame: Select bank statements that cover a stated time period, usually at least…
The history of Ajo or traditional “Group Savings”, although not well documented is a common practice widely adopted across the continent. Ajo was majorly popularised in Africa as a result of the expansion of urbanisation and informal settlements which raised the need for easily accessible finance and credit services. The evolution of modernism over the years has…
Lifestyle creep is a situation that we have all experienced at one point in our lives but not fully understood. Lifestyle creep, in its simplest form, refers to a case where, when an individual starts earning more money, their expenses and needs rise alongside. This situation keeps people at the same level for years with…
As part of your financial life and well-being, knowing your credit status is very important, most especially when you are unsure of it. You might be wondering what a credit status is, why it is necessary for you to know your credit status and how to boost your credit status. Let’s walk you through this…
There are many people with different business ideas but they either do not know how to start or do not have the right access to funding their business. If you fall into these categories, then this article is for you. Although, starting and growing your business today is not so easy; it is very possible….
We are all in relationships with people in one way or the other. Be it friendships, family, or romantic. These relationships have an impact on both our finances and our financial outlook. Since we are still in the month of love, I would be focusing mostly on romantic relationships, but these concepts can be applied to…
It’s almost the end of the first month of the new year. I hope the year has been good for you so far, and I hope it only gets better. Kickstarting a new year right can be very fundamental in getting into the right headspace and mood for the year. So today, I want to…
Making money can be difficult, and for a lot of us, it is difficult. And that already seems like a losing battle. Setting money aside for savings and investment is another issue entirely because it is one thing to actually make enough money to survive, and it is another to make enough to set aside…