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
“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
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
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?
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?
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
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
I once saw a meme that said “Aahh finally! The 6 months of January has ended!” This pretty much expressed how many people feel about January… its cold, dark and looong! Most employers pay their staff in mid-December so they may have spent their income even before the beginning of January. In this blog I will be writing about tips to help you prepare for … Read More 5 tips to beat the January blues
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 few years, we have smart phones that pretty much … Read More The convenience of technology
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 a deposit which is less than the required 10% … Read More Ways of getting on the property ladder for the first-time buyers
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 decided to clear all our debts and start saving. … Read More How understanding our financial personalities helped my husband and I save for our house deposit in less than a year
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 working mum and commuting every day was hectic and … Read More It’s good to be back!