Category: Investment
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Common mis-steps when it comes to dealing with money
Okay, I don’t have ALL the mis-steps. I’ve jotted down whatever I could think of, I will keep updating this list as and when I think of something.
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Dipping the toe…
Whats an SIP? Think of it as an EMI, but instead of paying a bill/loan, you’re paying yourself.
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What on God’s green earth is a deposit?
Okay. Here we go. Think of it as a piggy bank but on a small dosage of steroids. Like a bulky little piglet walking around a farm. That’s your deposit. The reason it’s just a small dosage of steroids is because the interest rate the banks are providing for deposits are quite low these days.…
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The DREADED PROVIDENT FUNDS
Done! I’ve set up my Emergency fund! Fantastic. You will now be able to afford your life if you get laid off for the next three months at least. I’m guessing if you’re reading this, you’re employed on a salary. Let me ask you this, when was the last time you looked at your payslip?…
The Money Wellness Studio 