😬😬😬 These are my current student loans. All federal through fedloan. I am on track for PSLF (Public Service Loan Forgiveness) with 8 years to go. I work at a nonprofit and make 120 monthly income based payments, and then the rest is totally forgiven. If this wasn’t an option I’d feel very trapped with this balance.
Looking to supplement your income from your full-time/part-time job? Been thinking to start your own business at the comfort of your home? I found have a way to supplement my income from home. If you are interested, DM me let's chat.
To avoid buyer’s remorse, don’t purchase a condo without covering these crucial steps.
Here are 8 things to look out for before purchasing your condo keys. 🔑
Check out our link in bio.
1 42 hours ago
Our Founding Fathers recognized the importance to regulate the manner in which debts were collected in the United States. The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact “uniform Laws on the subject of Bankruptcies throughout the United States”.
📈 Bankruptcy isn't the only option when it comes to overwhelming debt. We can also help with Loan Modifications and Debt Management. Give us a call when you're ready to go over your options or to get your questions answered.
☎️ (916) 333-7910
0 24 hours ago
Another email from Haven yesterday. In all honesty, this is a massive bonus as I wasn't keen on using the pool facilities under current circumstances, but the kids were desperate.. This means I'm no longer the bad guy 🎉 and an extra £34 coming our way, bringing the cost of the holiday down to just over £300! This will go towards dinner out one of the evenings. We've booked a nice little pub that do 3 courses for £10.95 but are in the #eatouttohelpout scheme, so £5.50 each plus some drinks!
4 out of 10 Americans don’t know what makes up their credit score. However, the national average has steadily gone up since 2009. Why? Because your credit score is made up of simple factors. 1. Pay your bills on time 2. Don’t carry too much credit card debt and 3. Use a little bit of credit but don’t run your credit all over town.
If you’re doing those things you can have a good score! You know what IS NOT a factor? How much money you make! You can be the richest man or the poorest man and your credit score doesn’t care.
1 36 hours ago
I paid off $26,000 of debt in TWO YEARS! 😱
Now I want to help you do the same by significantly reducing your debt and maximizing your savings so you can live the life you deserve and desire!
We NEVER expected Covid-19 would significantly shut us down, but it happened. Let this motivate you to lower your debt, grow your savings and increase your income NOW, so you won’t experience the same hardships in the FUTURE.
Secure your financial freedom today by clicking the link in my bio to secure your copy of The Black Dollar to be notified when my next cohort starts! 😆
1 206 hours ago
Frankly Speaking: Raise a child with a borrowing mentality, and as an adult, he or she will become a slave to the lender.
Are you spending less money between working from home and canceled events?
Alyx and Jen sat down to talk about making the most of that "extra" money right now.
0:24 Coronavirus and how we've seen people respond financially
6:34 Investing right now
10:48 The magic of the TFSA
13:25 What if my finances aren't stable right now?
14:40 Stashing cash
16:00 Cutting expenses & creating an alternate income
18:05 Managing debt in a financial crisis
19:19 CERB taxes
1 57 hours ago
As a financial coach, I HELP clients by TEACHING them and GUIDING them to make confident, and knowledgeable decisions regarding their finances. I want to see people take control of their finances and become financially independent. My passion is to help people build healthy financial habits and gain a positive relationship with money. Managing your finances effectively doesn't have to be stressful or terrifying. DM me so I can start helping you.
1 37 hours ago
Against the backdrop of a series of reports credited to several persons on the subject of loans obtained from China, the Debt Management Office (DMO) has considered it necessary to provide substantial details, encouraging the public to be so guided by the facts there highlighted.
On how much loan Nigeria has taken from China, Ms. Patience Oniha, Director-General (DG) of DMO, says as at March 31, 2020, the total borrowing by Nigeria from China was USD3.121 billion (N1,126.68 billion at USD/N361).
This amount, according to her, represents only 3.94 percent of Nigeria’s total public debt of USD79.303 billion (N28,628.49 billion at USD/N361).
Similarly, in terms of external sources of funds, loans from China accounted for 11.28 percent of the external debt stock of USD27.67 billion at the same date. These data, show that China is not a major source of funding for the Nigerian government.
Shedding some light on the terms of the loans from China, she explains: “The total borrowing from China of USD3.121 billion as at March 31, 2020, are concessional loans with interest rates of 2.50 percent p.a., tenor of twenty (20) years and grace period (moratorium) of seven years. The terms and other details of the loan are available at www.dmo.gov.ng.”
“These terms are compliant with the provisions of section 41 (1a) of the Fiscal Responsibility Act, 2007. In addition, the low interest rate reduces the interest cost to government while the long tenor enables the repayment of the principal sum of the loans over many years. These two benefits, make the provisions for debt service in the annual budget lower than they would otherwise have been, if the loans were on commercial terms,” she states.
Read Full story on www.newswirengr.com
𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝟓 𝐬𝐭𝐞𝐩𝐬/𝐭𝐢𝐩𝐬 𝐛𝐞𝐟𝐨𝐫𝐞 𝐲𝐨𝐮 𝐬𝐭𝐚𝐫𝐭 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠.
I made a Youtube Video with further explanations (link in bio).
👉🏽 Pay off debt: Avoid having high-interest debt such as credit card debt.
👉🏽 Emergency Fund: You must have a stash of cash in case of unexpected events. It will help you avoid getting more debt or cash out your investments.
👉🏽 Budget: Cut off expenses to have more money available to invest or earn more income.
👉🏽 Set up Goals: Never start investing without a plan. Know your level of risk tolerance and investment goals.
👉🏽 Learn your basics & research: You do not need to know EVERYTHING. Learn the basic concepts. Keep informed about the market, read market news, watch Yahoo Finance, Bloomberg, read investing and finance books.
What are your investing goals? What do you think about paying off student loans while investing?
👉🏽 Share this post with a friend who is interested in investing.
👉🏽 Save this post for later
💢 This post is for EDUCATION/ENTERTAINMENT purposes and should not be considered financial advice.
Aquí hay 5 pasos / consejos antes de comenzar a invertir.
Hice un video en Youtube sobre este tema con más explicaciones (link in bio)
👉🏽 Paga tus deudas: Evita tener deudas con intereses altos, como tarjetas de credito.
👉🏽 Fondo de emergencia: Debes tener una reserva de efectivo en caso de eventos inesperados. Te ayudará a evitar contraer más deudas o vender tus inversiones.
👉🏽 Presupuesto: Recorta gastos para tener más dinero disponible para invertir u obten más ingresos.
👉🏽 Establece metas: Nunca comiences a invertir sin un plan. Conoce tu nivel de tolerancia al riesgo y tus objetivos de inversión.
👉🏽 Aprende conceptos básicos e informate: No necesitas saber TODO. Aprende los conceptos básicos. Manténte informado sobre el mercado, lee noticias del mercado, mira Yahoo Finance, Bloomberg, lee libros de inversión y finanzas.
12 908 hours ago
Don’t start your home buying journey without getting the facts first! 🏘️ If you're a first-time home buyer, you will need a well laid plan. Our HUD-approved Home Buyer Classes will help you navigate the home buying process. #Homeowner#FirstTimeHomeBuyer
Dividend investing is a good way to make some consistent income,and you can even grow and expand your portfolio with dividends using a Dividend Reinvestment Plan.
While buying Dividend stocks you need to keep in mind the various aspects of a good dividend stock. Some of the important indicators are a low Payout Ratio (if you want a secure dividend), a good dividend yield if you want to earn more but it can also be a bit more riskier!
Accountability donated 10 000 face masks to the Cape of Good Hope SPCA, in support of their ongoing efforts to rescue and rehome animals during these difficult times.
Accountability is aware of the challenges our community faces and strives to not only assist our Members, but also those in need.
The World Health Organisation recommends the use of face masks to curb the spread of COVID-19. It protects you from acquiring the virus; but more importantly, it protects others from being infected by people who are asymptomatic but still contagious.
Monday motivation: accountability.
Who holds you accountable to your goals? Do you have someone you check in with to make sure you did what you said you were going to do? Doesn't matter if it's working out, drinking enough water, calling mom & dad, or cleaning house. Most of us need some sort of accountability in life, because it's really easy to say "I'll do it tomorrow, next month, next year." The same thing is true when it comes to your financial plan. We know we need to address it sooner rather than later, but it always seems to get pushed to the side. Let me be your accountability partner! I work with my clients to identify their personal goals and dreams and we build a roadmap to get there together. And I’m always just a phone call or text message away 😉
What goals are you currently focused on?
As tax season approaches us, here are some things you should be looking in to: ⠀
-An RRSP contribution to lower your taxable income and the investment strategy within that RRSP⠀
-Your annual TFSA contribution. Remember, each year the contribution room goes up, 2020’s TFSA room is: $6000. ⠀
-If you’re starting to collect funds in your business and don’t need to pay it all to yourself through dividends/salary, set up a 3 Tier system where you have liquid cash, mid term investing and a long term growth strategy within your business account and defer paying personal taxes. ⠀
-If you’re looking to buy a house in the spring, obtain a pre-approval now so you know how much you’d have to shop for places and you’re not stepping outside of your budget. Don’t become house poor. ⠀
-Life Insurance: check your mortgage or line of credit to see if you’re paying a protection premium. If so, get your own policy, then replace your mortgage or student loan insurance. ⠀
For more details, ask me
137 1,5259 hours ago
Every time you tell yourself you’re not smart, bold, or creative enough... you get to live in that. Until you believe in yourself and try otherwise.
What up Monday, I’m ready for you