Financial Elearning

We've all heard that "tomorrow never comes" right? But, why is this true? Well mainly because humans by nature are programmed to be forgetful, as well as being expert procrastinators! We prefer comfort don't we...

Well anyway, the point being that we need to act now, and that also applies to taking control of our financial situation...TODAY! Addressing your financial situation, knowledge and education in a proactive manner will only help mitigate poor financial circumstances in the future and even present 📚

Are you in control or a victim or your finances?

Bad debt is anything that has a high-interest rate (typically an interest rate that’s 10% or higher). Bad debt often buys liabilities (aka assets that depreciate like cars, clothing, etc.).

It would make more sense to me to pay off bad debt (because your “return” – aka the interest rate that you’re being charged) is much higher than the average return in the stock market 📉📈

Do you agree that bad debt should be prioritised? 💭