Zimele

  “Retirement is like a long vacation in Las Vegas. The goal is to enjoy it the fullest, but not so fully that you run out of money.” Jonathan Clements. After many years of working, retirement is anticipated with excitement by most people. Some envision it as a time to rest and relax as they […]

‘It may take you months or even a few years to build up an adequate emergency savings fund. That’s okay.’ Suze Orman. We all hate unpleasant surprises, and that’s what financial emergencies are, not desirable at all. This is because they often change our plans drastically. The experience is even more troubling if you do

‘Savings, remember, is the prerequisite of investment.’ ― Campbell R. McConnell Saving is emphasized in every personal finance class, seminar or blog, and rightly so. Setting aside money for the proverbial “rainy day” is a wise move as more often than not, the rainy day, eventually comes. Knowing that you don’t need to borrow to cover

“It is never too early to encourage long-term savings.” – Ron Lewis Arguably, every adult understands the value of saving and nobody can complain about having a few extra shillings set aside for the proverbial rainy day. However, in our quest to save more, we might make a few mistakes along the way. Some of

“The habit of saving is itself an education; it fosters every virtue, teaches self- denial, cultivates the sense of order, trains to forethought, and so broadens the mind. ~ T.T. Munger In order to keep your personal finances in perspective, you need to understand the difference between wants and needs. In addition to this, having

“To accomplish great things we must not only act but also dream, not only plan but also believe.” ~ Anatole France Our aspirations and goals often change with our position in the lifecycle. With time, it is amazing how our thinking process, financial priorities and goals change with events like marriage and the arrival of

“If you wish to get rich, save what you get. A fool can earn money; but it takes a wise man to save and dispose of it to his own advantage.” – Brigham Young. One of the greatest skills you need in life is money management. It is needed for survival regardless of our background

“The best thing money can buy is financial freedom,” Rob Berger. Here is the truth about money, it will never be enough. Every coin you get you will want to double or triple, which is fine and this is what you should be doing. Very often though, we often feel like we do not have

“If I can create the minimum of my plans and desires, there shall be no regrets.” – Bessie Coleman. We all try to live a financially responsible life but that does not mean we always succeed. Mistakes are bound to happen along the way, and we tend to regret them in retrospect when we are

“Money won’t buy happiness, but it will pay the salaries of a large research staff to study the problem” ~ Bill Vaughan. Who wouldn’t want a richer life? Making lots of money is a goal for many. Whether we achieve that goal or not depends on how much time and effort we are willing to

“No one’s ever achieved financial fitness with a January resolution that’s abandoned by February.” – Suze Orman. We know the year already feels old and you have probably made your resolutions. If you haven’t already you are probably not going to do it. Maybe you don’t believe in resolutions. Or you have made them a

“Saving requires us to not get things now so that we can get bigger ones later.” — Jean Chatzky. There is something about January that makes you want to improve your life. From our lifestyle decisions to our personal finances, we tend to make ambitious goals aimed at drastically improving our lives this month. But