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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…
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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…
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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…
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How to effectively structure your savings
I used to underestimate the need to put saving structures in place. I have now learnt that it is important to align your savings goals with liquidity time frames (cash needs to be available when needed). When my husband and I initially combined our finances, our main goal was saving for a property so we…
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The convenience of technology
I remember the excitement I felt when I had started my first year at high school in Zimbabwe and the school I went to made an announcement that we could use calculators in our mathematics classes. Gone were the days where we would spend time trying to solve mathematical problems on paper. Fast forward a…
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Ways of getting on the property ladder for the first-time buyers
Saving the deposit for a house can be very difficult and can take a long time to achieve. This is why it is very important to be aware of the different type of schemes that are available to help you with this process. The schemes mainly benefit first time buyers and enable them to raise…
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How understanding our financial personalities helped my husband and I save for our house deposit in less than a year
When my husband and I got married we discussed our finances and set our goals. The first thing we wanted to do was to buy a house before starting a family because we were renting a small one-bedroom apartment. Moving to a bigger apartment or house whilst still paying rent was not an option. We…
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It’s good to be back!
During the past year, blogging had taken a bit of a back seat due to the many changes that were happening in my life! I returned to work after my first maternity leave during the summer of 2018. It was great going back to work as I had missed my work colleagues, however being a…
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Are your pockets getting deeper?
Once you have set your savings goals and are happily saving, the next question you need to answer is are your savings working for you? One of the default ways I like to save money is by using a savings account. There are many options for savings accounts that are available. Most of which are…
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Advice to my 18-year-old self
As a young adult, one of the areas I struggled with was financial education. During my last year of high school, general information like career advice was readily available however, I don’t recall receiving any basic financial advice. The knowledge I had at the time was based on observations from people around me. Further education…
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