Personal Finance | What is financial freedom and how can it be attained? | City Press

You won’t attain financial freedom immediately after debt rehab, but I’d say after entering this, it can be done in around eight years.When some dream of financial freedom, they think it’s to do with owning luxury yachts and classic cars and frequently going on holiday. However, this is not true financial freedom if it is all funded by credit.

You are able to afford the kind of life that you and your family desire because you have enough savings, investments and cash on hand. Also, with no debts, money in the bank and investments for the future, you’re financially prepared for whatever life throws at you. Briggs says: “It all depends on how much debt you have and what you get paid as a salary. We’ve seen people come out of debt within two years or five years?“Debt rehabilitation is typically a five-year plan to turn yourself around. You won’t attain financial freedom immediately after debt rehab, but I’d say after entering this, it can be done in around eight years.

“Very often, the best opportunities come out of the most challenging times. The trick to a successful financial life is to be able to assess, adapt and action, depending on the circumstances one faces,” explains Garner.Financial freedom is a long-term journey that demands discipline, dedication and sound financial choices.?. Set financial goals: Identify your short- and long-term financial goals. This will keep you on track and enthused to actually execute them.

Great hook. Not every wallet is the same indeed! Many are living the financial squeeze, others profit from it…

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thank you for coming for my help I really appreciate you, i promise to spread your good works to everyone listening ones MarkdonadLisa1

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Personal Finance | A crisis of confidence in the banking sector | City PressConcerns about the impact of higher interest rates on balance sheets were at the forefront of the sell-off in markets last month, specifically following the failure of Silicon Valley Bank (SVB), America’s 16th largest bank, on March 10 and then Signa It is articles like this that cause panic. Telling people, “have no fear”. That’s what SVB did. In terms of compliance and banking infrastructure, SA is definitely one of the best globally, but the stringent regulations makes it almost impossible for the growth of fintechs.
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