Archive for Money Management
Consumer Financial Vulnerability Increases
Whereas poor people in the UK spend about 90% of their income and the more affluent use about 60% of their income, poor South Africans spend 122% of their income while the rich spend 97% of their income.
Read moreWalk The Path To Financial Independence
Financial independence is possible if you can live below your means. Although that sounds discouraging in an aspirant consumer economy, what you save is what you keep. You’ll have plenty of reasons to celebrate if you can reach that goal.
Read moreManaging Your Debt Pro-Actively
The same study shows that 76 per cent of us feel happier about life in general when we feel good about our finances, indicating that many people would benefit from the therapeutic influence of a Money Mate.
Read moreDebt Causes Insomnia
“Dealing with unmanageable debt is incredibly stressful so it is not surprising that so many are kept awake worrying about their debts.”
Read moreMoney Issues In A Relationship
35 per cent of divorced respondents nominated financial stress as the key issue in prompting the divorce. A “failure to communicate” is typically what causes marital money madness, because most people treat money as a taboo topic.
Read moreSerial Shoppers Need Help
Usually some form of psychological counselling is needed to deal with the underlying causes of the overspending. In addition, the person needs to seek sound financial counselling.
Read moreDebt-Free Weddings
Your wedding day should be one of the happiest of your life – but if debt and bills are looming thanks to your excessive wedding, it puts a damper on your marriage. So be sensible, and compromise on a dream day in order to have a dream life.
Read moreConsumer’s Credit Binge Causes Indigestion
The most serious problem is the extent of consumer indebtedness. There can be little doubt that South Africans have been on a credit binge over the last few years.
Read moreMen Are From Mars, Women Are From Venus
men and women have different basic needs, making them more likely to spend on different things
Read moreLucid Formula To Financial Success
John Vaughan (Financial Advisor) @ Lucid Living “Success does not come to you, you go to it”. In this instalment we reveal a practical and effective 10-step formula to financial success: Related Posts:Debt-Free WeddingsTalking About DebtGifts That Won’t Get You Into A HolePrioritizing Your Debt RepaymentFinancial Bucket List
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