Are you earning money or are you making money? Did you educate yourself on the flow of money? Let’s talk Earning Money vs Making money. Aren’t they the same thing? In my opinion, no – they are not the same thing. Before I go any further, let me make it very clear – this post […]
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You need to invest in your own financial literacy if you are to stand any chance of achieving any level of financial freedom and financial independence. In this blog post, we’ll look at a few basic concepts of financial literacy, namely income, expenses, assets and liabilities. Financial jargon bores me, but these are basic concepts
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You can easily find MANY people on all social media platforms of how you can create, build or even buy multiple income streams. I have even shared some of my own ideas on the topic. BUT WHY? Why is there so much content to be found on how to create multiple income streams. In this
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“If you fail to plan, you plan to fail”. Having said that, you can’t really create a financial plan for 2021 if you don’t know where you want to go. So, as with any journey you want to take, you need set a destination. Side note: I am not a financial planner or advisor –
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To enable yourself to start building wealth, you have to spend less than you earn! In this post, we will be exploring some statistics, reasons and tips on why and how you can start spending less than you earn. Do you want to grow your personal wealth? The number one step is to spend less
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Multiple streams of income is no longer a luxury During the lockdown of 2020 because of the COVID-19 pandemic, I realised that having one income simply doesn’t cut it anymore. I started doing some research and found there are many ways of generating extra income after hours. If you rely on only one income, you
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“Start where you are, with what you have. Make something of it…” George Washington Carver Valuable by design We all come into the world with an inherent value. That is the way we were designed. That is the way we were created, and that is the way we should live our lives. This world is
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I wish I knew some of these things when I got my first allowance as a young man – so here are some “Personal Finances for Beginners” tips that I’ve learned the hard way. Your Budget should have Structure I have always thought of a budget of something where you track your income and expenditure
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Leadership, motivation and discipline are such important parts of a thriving, winning society, company or organization. Leadership I believe that leadership is a misunderstood and undervalued concept in societies and organizations alike. I further think that we, as society, tend to expect to much from people in leadership positions. We somehow have this notion that
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Are these terms the same thing? Just about everywhere you look these days there is content floating around about financial freedom and independence and how to achieve it – from my point of view, these phrases mean different things. Financial Freedom As far as I’m concerned, if you can live below your means and have
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