The most important lesson I’ve learned since is that money and everything related to money is much simpler than the financial services industry makes it out to be. Especially when it comes to growing it. In this post Njabulo Nsibande reflects on what he has learned over the last 5 years in his investment journey
If you think about it, many of our monthly financial routines are automated. Paying yourself first is probably the most important step to building wealth.
The 2021 Savings Challenge reboot
In 2019, I started a savings challenge to save money on an incremental basis, starting with a small amount and slowly increasing it. The premise of the challenge is to start easy. This year, I’ve decided to switch it up a bit: I’m starting with the hard part, working the challenge backwards.
Getting through January
I’ve received some requests for tips on how to get through January, because it usually feels three months long. January 2021 will be much worse than any January we’ve had before. If your December salary is paid earlier than usual, move the money for January into another account.
Why I liquidated my portfolio
There’s an old saying, “When we don’t know any better, we do our best. When we know better, we do better”.
WhatsApp gifting 2.0
Committing to saving or investing can be hard. Being accountable to your peers drives discipline and commitment, this is the benefit of the “umshayelwano stokvel” where members rotate “paying” each member in a fixed cycle. But what if we sent each other investment vouchers?