Category: Blog

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Lessons I learnt from my money mistakes

Having moved to the United Kingdom when I was in my early teens, one of the first things my mother did was to open a bank account for me. She wanted me to use it to save my money and eventually to receive my salary. Fast forward a few years later, I had a job but I didn’t fully understand the cost of debt … Read More Lessons I learnt from my money mistakes

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5 Habits that could stop you from reaching your financial goals

“If your habits don’t line up with your dream, you need to either change your habits or change your dream” John Maxwell There are certain things that we may do unconsciously due to routine or because it has been engrained into our day to day processes. Over time, these processes become a habit and are normalised. It is important to understand your habits and … Read More 5 Habits that could stop you from reaching your financial goals

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How to invest in your Personal Development

Personal Development means different things to different people. However, I like to think of it as continuously improving yourself. This can be through learning subject areas, perfecting your skills and most importantly looking after yourself. In this blog I will be exploring ways in which you can invest in your personal development.    One thing about life is you don’t know what you don’t know. … Read More How to invest in your Personal Development

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Why is diversification good for your business?

Starting a business is hard, however if it is well planned and managed professionally it can be very rewarding. When running a business, you should consider diversifying it. With larger corporations, diversification normally means buying or merging with another business that provides the service or products they want to or trade in the industry they are looking to get into. In this blog I … Read More Why is diversification good for your business?

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Why is it important to invest in yourself and understand your Mindset?

Investing in yourself means taking time to look after yourself, learn something new and continue to develop yourself. Many people sometimes overlook this due to busy schedules, but it is very important to take time to know, understand and develop yourself. In this blog I will be looking at the importance of understanding your mindset as part of investing in yourself. Mindset is the … Read More Why is it important to invest in yourself and understand your Mindset?

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Running a side business? Here is what you need to consider

One of the ways of creating other sources of income is running a side business together with having a full-time job. This can be a hobby that is being monetised, a service being provided or products being sold. In this blog I will be writing about the 5 points you need to consider and be aware of. Business Structure The business structure is how … Read More Running a side business? Here is what you need to consider

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What is a recession and how can you prepare your finances?

A recession is when there is a widespread decline in economic activity because of loss of income or concerns about the economy. In early 2020, the world started to react to the effects of COVID-19. Due to the way the virus was spreading, it was important to limit human contact. Many businesses stopped trading, people were told not go to work unless if it … Read More What is a recession and how can you prepare your finances?

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COVID- 19: How to prepare your finances for an uncertain future.

In December 2019 a lot of people were probably preparing their goals for 2020, be it travel more, spend more time with family or save more. The events that started to unfold in the beginning of 2020 at first seemed unreal and as the dust settled, one thing was certain life was not going to return to normal any time soon. The economic impact … Read More COVID- 19: How to prepare your finances for an uncertain future.

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(COVID-19): Support currently available for the Self-Employed and Businesses

Running a small business can be tough especially when income is not always guaranteed. COVID-19 has literally brought the whole world to a standstill and this is having massive impact   on businesses. As most people are either losing jobs or being asked to take a pay cut, they are going to spend less and this will affect most businesses. Here is what you can do … Read More (COVID-19): Support currently available for the Self-Employed and Businesses

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How to proactively monitor your business cashflows

Starting a business is a good way to generate additional income, follow your passion or monetise a hobby. That said, one fundamental principle of running a business is managing the cash flows as this is the heart-beat of every business. Without proper cash flow management, the business will not be able to meet its obligations and will face liquidation. In this blog I will … Read More How to proactively monitor your business cashflows

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How to create a simple and effective budget

A budget is a plan for how you intend to use your money. It helps you to monitor your income and expenses. This can be a daunting process, but if done the right way you will definitely reap the rewards.  Benefits of budgeting Preparing a budget of how you intend to use your money helps you to; Understand your finances. When you list down the … Read More How to create a simple and effective budget

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Life lessons learnt from planning a wedding

When I became engaged to my now husband it was an exciting time. We decided to have our wedding back in Africa. Planning our wedding was the first major project we worked on together and here are a few things we learnt that have stuck to this day.  It is Important to know your strengths and weaknesses when it comes to finances  As a … Read More Life lessons learnt from planning a wedding