STORYTIME 📖: SAVE for something special vs SETTLE my credit card/ overdraft debt ? 💻 💳🤔

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  • เผยแพร่เมื่อ 2 มี.ค. 2021
  • ** click here for more info **
    Hey bangani thanks for tuning in 😃!
    This video was just a quick comparison abo it whether you should save for your “special purchases” or if you should settle your consumer debt.
    We take a look at the crazy contrast in interest rates - from what you get charged on debt to what you earn on saving 🙀.
    Hope this helps 😘 and hope you’re all keeping well !
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ความคิดเห็น • 36

  • @DreamFirms
    @DreamFirms 3 ปีที่แล้ว +15

    For me I would go for settling credit card debt!

  • @herriettemametja5369
    @herriettemametja5369 2 ปีที่แล้ว +5

    I love this channel. I feel like you're a God send. Thank u Kumalo continue giving us those advice. We are learning

  • @matshedisomogapi2169
    @matshedisomogapi2169 3 ปีที่แล้ว +9

    I love how you speak and I must say you have very insightful nuggets to share! Thank you😘

  • @jademienies9642
    @jademienies9642 3 ปีที่แล้ว +1

    This was so insightful

  • @emmyirmen8868
    @emmyirmen8868 2 ปีที่แล้ว

    I am definitely enjoying your content girl❤️🤗

  • @euphoricmajola4466
    @euphoricmajola4466 3 ปีที่แล้ว +1

    I love it❤

  • @feliciantshangase9543
    @feliciantshangase9543 3 ปีที่แล้ว

    I am enjoying your content best believe😊✨

  • @tintswalokubayi9754
    @tintswalokubayi9754 2 ปีที่แล้ว

    I like your content, you just got a new subject😗💞

  • @iamleratomaluleka
    @iamleratomaluleka 3 ปีที่แล้ว

    I love this video.

  • @LuvuyoNkosi
    @LuvuyoNkosi 3 ปีที่แล้ว

    Such content >>>>>>>>>>>>>>

  • @nthabbym8676
    @nthabbym8676 3 ปีที่แล้ว +6

    I think this is my current situation 😭😭😭😭. I had saved a lot for my drivers license and all expenses around that. Now I just started a new job, and all my savings now have to go to transport fare, lunch, clothes (because there's no work uniform) 😂 😂.
    I hate not having money in my savings account 😭😭😭

  • @melanyben7871
    @melanyben7871 5 หลายเดือนก่อน

    Thanks for sharing this. I know it's an old video, but is is so relevant. I just had to subscribe after watching this. Keep up the good work. Blessings to you

    • @nokuhlekumalo
      @nokuhlekumalo  5 หลายเดือนก่อน

      Thank you so much ☺️♥️ I’m so glad you still found it useful. The principles remain the same 🙏🏾

  • @nomzizulu4567
    @nomzizulu4567 3 ปีที่แล้ว +6

    Dunked wings once a month😂😂😂! I died right there 😂😂😂😂

  • @nomzizulu4567
    @nomzizulu4567 3 ปีที่แล้ว

    Notification gang !!❤️

  • @samueltshabalala8775
    @samueltshabalala8775 2 ปีที่แล้ว +4

    I do like what you are saying but i read a very good financial book, the guy there explains debt very nicely, and to sum it up he says that cash is king, do not pay your debt with you money, only pay what you agreed you would, for the reason that you are building a good credit score at the same time you should keep your cash, because also debt has insurance, If it happens that you can't pay your debt your debt insurance will settle the debt, and you would still have your cash saved somewhere. Unlike rushing to put everything on a 5 year debt, only to find that you run into financial trouble,now you have settled you debt, and gave your lender money sooner than they had anticipated also you did not take advantage of the debt insurance that could have covered your debt. yah

  • @2Ndlovukazi
    @2Ndlovukazi 3 ปีที่แล้ว +1

    Love your content! Just when I was thinking if I should put more money into my emergency savings or pay my credit card

    • @herriettemametja5369
      @herriettemametja5369 2 ปีที่แล้ว +1

      My friend taught me to always settle those small accounts and pay them off before trying to pay off the big debts

  • @zanothando_zee
    @zanothando_zee 3 ปีที่แล้ว +1

    Notification gang💃❤
    Siyabonga Sis❤👑

  • @ZoeDlamini
    @ZoeDlamini 3 ปีที่แล้ว +1

    Recently did a video like this on my TH-cam channel and I've been in such a sich, I also chose paying off my credit card

  • @chulumancotokwe6906
    @chulumancotokwe6906 3 ปีที่แล้ว

    Present🙋‍♀️

  • @lindelwazungu6468
    @lindelwazungu6468 3 ปีที่แล้ว +1

    Ave ungichaza sisi🥰

  • @ncumisampongwana1085
    @ncumisampongwana1085 ปีที่แล้ว +4

    I am the type of person who save for everything. I buy everything cash no debt no nothing. I think I will struggle when I want to buy a house🤣🤣. I just pray that by God's grace that I buy the house cash as well.

    • @nokuhlekumalo
      @nokuhlekumalo  ปีที่แล้ว

      Hahahah you and me both! Maybe God will bless us with a couple of millions 😂

  • @ntobendlovu7876
    @ntobendlovu7876 3 ปีที่แล้ว +1

    I owe everything in life 😂😂can't even name one

  • @TheAwarenessMage
    @TheAwarenessMage 9 หลายเดือนก่อน +2

    Debt is modern-day slavery indeed.

  • @ntobendlovu7876
    @ntobendlovu7876 3 ปีที่แล้ว

    I love you Nokuhle BC's my daughter is a KHUMALO 💃 so you have that special love from me

  • @dudummeti3450
    @dudummeti3450 10 หลายเดือนก่อน

    Pay both simultaneously

  • @johnesau3694
    @johnesau3694 ปีที่แล้ว +1

    12k for a laptop? What is that?

  • @bra_bongz
    @bra_bongz 3 ปีที่แล้ว

    Listen they are not your friends 🤣🤣🤣

  • @katjiuoguamukaa8761
    @katjiuoguamukaa8761 2 ปีที่แล้ว

    💬💬💬

  • @melaniemsibi4849
    @melaniemsibi4849 ปีที่แล้ว

    Me saving to the point of broke 😭🫠💀