In this video Nicolette reflects on an experience with a rental agent. She talks about notice one needs to give when a lease expires and what needs to be done when one vacates a property they have been renting.
Views: 16503 Financial Bunny
In the following video Nicolette asks how we are expected to save when we have no disposable income, there is nothing left after paying bills. How do we find the additional streams of income so that we can start this savings culture Follow Nicolette Channel for more though provoking conversations: https://www.youtube.com/channel/UCmRy... Nicolette Mashile is an aspirant social entrepreneur, a budding property investor and founder of bunch of Winnaz found on www.bunchofwinnaz.co.za. She is a South African television personality; an actress on Africa's most popular Soapie Generations the Legacy on SABC 1 and a Television presenter of Assertiveness talk show on GauTV. She is a communications graduate and has interests in people, financial literacy and development. She hopes to inspire Africa and the world through her talks and engagements on financial literacy and management. Follow Nicolette Mashile on her other channels: www.nicolettem.com @ImCocoMash on Twitter @ImCocoMash on Instagram facebook.com/FinancialFitnessBunny/?business_id=744251655706679 on Facebook
Views: 11684 Financial Bunny
Which is the best savings account in SA currently (2019) and are all savings account the same? are we really comparing apples to apples? Which is the best savings account in South Africa Please note that the nominal interest rate does not mean that the bank will subtract that money, that you have gained in interest. It means that the interest rate is not adjusted to meet up with inflation. Example if a bank promises you 7% annual nominal interest rate it means that you still need to subtract inflation to realize the actual growth of your money. So say for instance the inflation rate of 2019 is 5% and you are offered 7% annual nominal rate it means that you’re money actually grows by 2%. This is because the value of money is eroded to the percentage of inflation, so if a bank gives you 5% and inflation is at 5% all you have really done is preserve the value of your money and you have not grown it.
Views: 33752 Financial Bunny
The debate between buying vs building property is truly a tale of two cities. Both options have their own pros and cons. Your needs as a person will determine which option is better for you. Sometimes as a first timer it might be easy to buy whats already existing and other times as a seasoned customer building to your own specifications might be better. Land cost and availability is another factor. Interesting article on https://www.ooba.co.za/resources/building-vs-buying-a-house/ https://www.privateproperty.co.za/advice/property/articles/building-vs-buying/3741
Views: 22987 Financial Bunny
In the following video I speak about my first time trying the stock market and what are some of the reasons why i Invested in BRAIT at that time and what the market did to my portfolio. I invested into BRAIT shares on the Standardbank Securities Platform, had no stop losses nothing. I literally put my money in and waited...FAIL. Also I bought high instead of buy low sell high I have learnt and I am going in much stronger now.
Views: 12358 Financial Bunny
In this video I explore how I followed some money rules to make it to my first million by accident. 1. Live beneath your means 2. Don’t succumb to pressure 3. Get additional income streams 4. As you income increases your debt should decrease
Views: 445756 Financial Bunny
Firstly the term blacklisting is misleading. There is no actual black list. You may have negative credit listings on your credit report but that can be changed. For your credit report click in this link http://bit.ly/2uuIyJG get your report and if you have negative listing start working to improve them✊🏾
Views: 4026 Financial Bunny
In the following video Nicolette looks at the cost of buying a car and all the additional costs and hidden conditions that one must be cautious of
Views: 27224 Financial Bunny
In this video I explain Home loans, and look at the pro's and cons of settling your bond. What i didnt touch on is the tax deductions if your bonded property is being rented out and the Loans you can take out against your bonded property or the home loan equity.
Views: 10315 Financial Bunny
In this video Nicolette looks at what it means to date or marry in your financial lane. Does it mean you must date a person who has as much money as you? No, It means date someone who understands money the same way you do
Views: 10608 Financial Bunny
There seems to be a confusion about which loan structure to use when buying a home and customers are constantly looking for an affordable way. A personal loan is an unsecured loan which the bank backs by no asset so you can use the money for anything. This loan attracts higher interest rates while a home loan is a secured loan backed by a property and has a relatively lower interest rate. There is no law that says you must pay either loan at the stipulated loan term or less provided you don’t go over the allowed term. It’s also relatively harder to get a personal loan at high amounts.
Views: 4838 Financial Bunny
If you have the privilege of negotiating your salary or raise ensure you negotiate the net. That’s the money hitting your bank account. Also be aware of the tax bracket your in and if the new raise pushes you into a new one be conscious. Freelancers especially always look at the campaign figure as a whole and not after tax. Don’t get duped
Views: 12155 Financial Bunny
In this video, Nicolette looks at ways in which you can save to invest your hard earned money to make a Million (or any other amount). Nicolette will not be recommending any Investment funds in this video as she is not a Financial Advisor. If you are looking for Investment options speak to a FA. Various types would be (ETF's, Unit Trusts, Mutual Fund, Government/Retail Bonds, REITs, Individual Stock, TFSA, Fixed Deposits, Investment Contracts, hedge funds) Yes, you may not be able to save to the amount but you can teach yourself to save so you can invest. Some investments need a lump sum. Secondly, you need to increase your income streams and only spend a portion of the additional streams. The trick is to stay comfortable in your spend while doing this so that it doesn't feel like punishment. You use any of the first 4 R's (Remuneration, Rate, Rent, Royalties, Replication, and Rights) to ultimate invest so you can earn the last R (Return)
Views: 15753 Financial Bunny
In the following video Nicolette talks about her favorite Personal finance books that have really helped her shape the way she manages her money
Views: 12966 Financial Bunny
Guys I apologize I legit have the camera the wrong way around 😂😂😂. I’ll redo it In this video I respond to a question that was sent. The young lady has managed to save R120 000 in 3 years while she was working. She is now out of a job and living off her savings. She wants to put the money in a high yield account that can pay her out monthly so that she doesnt eat into her savings.
Views: 30883 Financial Bunny
In this video Nicolette talks about the experiences in her life that brought her to where she is today. She reminisces about growing up in a strict family with strict parents. She fondly thinks of a time when her father would point out to hawkers on the street and say "if you do not go to school, this will be your only option" Follow Nicolette Channel for more though provoking conversations: https://www.youtube.com/channel/UCmRy... Nicolette Mashile is an aspirant social entrepreneur, a budding property investor and founder of bunch of Winnaz found on www.bunchofwinnaz.co.za. She is a South African television personality; an actress on Africa's most popular Soapie Generations the Legacy on SABC 1 and a Television presenter of Assertiveness talk show on GauTV. She is a communications graduate and has interests in people, financial literacy and development. She hopes to inspire Africa and the world through her talks and engagements on financial literacy and management. Follow Nicolette Mashile on her other channels: www.nicolettem.com @ImCocoMash on Twitter @ImCocoMash on Instagram facebook.com/FinancialFitnessBunny/?business_id=744251655706679 on Facebook
Views: 10616 Financial Bunny