I’m 23 yrs and don’t have an income yet and watching your videos honestly makes me worry and stress less about when I do start having my own income . Thank you so much 😊
Thank you, you’ve helped me so much in a short period of time. It’s been six full months now watching what you do best and helping us being debt free ❤️❤️❤️
You nailed it yes Budgeting is one the great fundamentals to building wealth. Budgeting comes with sacrifice and despline to budget well as it involves opprtunity cost where you have to choose one thing and go for another. Keep it up.
Ohhh My Financial Bunny,, Thank you so much,, my anxiety is alleged,, I am about to start work and I was soo worried about money management because I have been moneyless pennyless before and I don’t want to go back there. You are God sent❤️
I have an excel spreadsheet which i designed to do all the calculations & has graphs to visually show where i went above budget and what to sacrifice during those short alteration in the budget required
am so proud of myself, i did as she said... i know how i spend on DATA omw i did not know i spent so much...i literally dotted everything... this is my first month... will come here again to give an update on my set goal
Note to self 💖Additional payments to my loan💖 1. Restructuring my spending tracker and move idle money to my loan payment 2. Cutting down idle spending and increase my loan payment to make sure its not idle money 3. Find an additional stream of income or 2 4. Come back every monthend and recheck how well im doing. 2020 the girl is focussed
Hi Nicolette I hope you are doing well. I wanted to query a few things 1. When are you doing a video on on the budget speech for 2021 financial year? Also in quite a few firms, it was circulating that extended tax relief is only a relief if you assume no salary increases and that when taking into account an average salary increase, you still end paying more tax. Please shed some light on this 2. What is the average returns of tfsa per year? (I know this is a broad question but an average range would suffice) 3. I am Muslim therefore cannot engage in any interest bearing instruments, I want to know of other short term income producing products to invest in for the following reason- I want to max out both my tfsa and Raf contributions however, my surplus cash(after taking into account expenses) does not permit me to do this because the refund for the tax deduction from a Raf contribution will only be received in July after the financial year ends. This presents a timing mismatch therefore leads to a cash flow problem for the period between contributing towards a Raf and receiving the corresponding refund. I would like invest the surplus cash in an income producing asset during the year and at year end max out the Raf contributions by selling the asset and using both the income and capital to contribute towards the Raf (I can also do this for tfsa). Please advise on types of products available with low risk and income producing which do not include interest for short term Your response will be much appreciated Kind regards,
Hey Nicolette on the "idle money is bored money & bored money is gone money" comment, what would be the best way to keep the money if you are trying to buy something in 6months?
Thank u.such a helpful informative video...makes so much sense.my budgetting is going to change now and I can already see the light at the end of the tunnel.Thanx a lot dear.
Hi Nicolette I like your budget,but is for single people. If you got family and children who are in private school and also for emergency e.g going to doctors and hospitals.
Hi. I just started my own small business. How can I draft a good budget for my business without feeling like I’m investing more of my personal earnings into it?
So I have my 3months bank statement n will make sure I sit n cut some of the unnecessary expenses,,is true and we have idling money we always make sure we find something to spend that money on,, im going to make a plan and thanks to you
I would say calculate how much interest nsfas adds a year, then divide it by 12 months. Then add an extra 100 to 500 to that amount as your monthly repayments( depending on what you can afford) so that you not only pay the interest every month, but the principle amount as well. That way you will see your loan decreasing every year!! Most people just pay a small amount but they dont realise that sometimes that amount may not even cover the interest added every year!!!
Id like to argue with the Debt part, i think ure using the old rules of money. partially it is correct but i think debt is good depends on how you use it. Bad debt comes from debt to pay expenses, GOOD debt on the other hand is the debt to build wealth. Being debt free to become wealthy is the old school rule, new capitalism teaches us to use debt to be wealth. E.g say i lent money from a bank to buy a R3m property, id have a down payment of R1m meaning the bank will lend me R2m. In renting out the property the debt will be settled plus my networth will go up as the debt goes down. ALL IN ALL when the debt is fully settled ull be R2m richer, plus if the economy is at a good state u could sell the prop for R4m that means through Debt you had a 300% interest. Debt is wrong when you decide to use for EXPENSES!!!!!!!!!!!!.
@Anne Day that is true, but trust me if you know and follow the rules of money this approach will work. the things you are talking about are the down side of using this and they are archeived when you dont contemplate.but trust me if applied in a proffessional manner YOU WILL WIN!
![[4K직캠] BABYMONSTER(베이비몬스터) - FOREVER](http://i.ytimg.com/vi/PS3UAFto1z8/mqdefault.jpg)
I’m 23 yrs and don’t have an income yet and watching your videos honestly makes me worry and stress less about when I do start having my own income . Thank you so much 😊
I get so happy when I see anything from Nicolette 😭😭😭. I love this lady
Hey cc we're blessed shem
I know right🤣🤣she's a happiness pill
She’s amazing and god sent
Idle money is bored money. Bored money is gone money. Yip that's me every month
Tselane R 🙌🏾🙌🏾🙌🏾
Idle money becomes bored money and bored money becomes gone money. Amen to that🙌🏽
We love and appreciate you. As blacks we're not taught about this things when growing up, you're God sent. People like you needs to be protected.
You are someone I aspire to be. I see myself in you. Steadily working on generational wealth. Thank you Nicolette. Lots of love
Thank you, you’ve helped me so much in a short period of time. It’s been six full months now watching what you do best and helping us being debt free ❤️❤️❤️
You nailed it yes Budgeting is one the great fundamentals to building wealth. Budgeting comes with sacrifice and despline to budget well as it involves opprtunity cost where you have to choose one thing and go for another. Keep it up.
Ohhh My Financial Bunny,, Thank you so much,, my anxiety is alleged,, I am about to start work and I was soo worried about money management because I have been moneyless pennyless before and I don’t want to go back there. You are God sent❤️
She’s amazing and go sent indeed
Short term goals enable long term goals to be achieve. Thanks Nicolette, I see the connection now
Oh how I love seeing a new video notification from u my Mentor! Bless u!
Nicolette, you’re an inspiration hey. I can’t wait for the book to get released 👌🏽
I have an excel spreadsheet which i designed to do all the calculations & has graphs to visually show where i went above budget and what to sacrifice during those short alteration in the budget required
Hi do you mind sharing your spreadsheet
thandi.klaas.tk@gmail.com
Yaaass...just what i need. Thank you bunny💖
No budget sucks. What sucks is not being persistent. That’s the only way.
I was actually thinking about my budget this afternoon so this topic came at the right time. Ngyabonga sisi.
Buddy I won't be able to cut data coz I can't afford to stop listen to this priceless advice 🤔
I sent you tweet and then came across this video, this really answered my tweet.. Thank you so much
i really appreciate the wisdom you give me ❤️🤗
This week I will be discussing the Budget with my fellow Namibian. And this came in handy. I will definitely reference you in my Videos.
Financial education made easy i'm telling you 👌👌👌 thanks Nicolette YOU BOSSSSSS!!!!! 🌹
LOVE YOUR VIDS . Can You please give financial advice to University students💕💕💕
Another great video. Thank you Nicollete ☺
This video is brilliant. It puts so much into perspective.
am so proud of myself, i did as she said... i know how i spend on DATA omw i did not know i spent so much...i literally dotted everything... this is my first month... will come here again to give an update on my set goal
Dankie for your time and wisdom ausi♥️🔥😍
Thanks Bunny ..you are indeed a true inspiration you know
Note to self
💖Additional payments to my loan💖
1. Restructuring my spending tracker and move idle money to my loan payment
2. Cutting down idle spending and increase my loan payment to make sure its not idle money
3. Find an additional stream of income or 2
4. Come back every monthend and recheck how well im doing.
2020 the girl is focussed
The "you need to be debt free" hit hard
Thank you so much, you are blessed.
Thank you for this video , I am not going to wait till next year to sort out my finances . I am starting now
You can do it!
So practical, i love it!
Well said 🙌🏾
Timely video....
P.s your hairstylist deserves an award.
❤️❤️❤️
Very insightful 👏 thank you 😊
this is perfectly timed, l will be starting formal employment en l need to be more responsible
This is very helpful. Thank you
Hi can you please make a video on time back from pick n pay. I'd like to get to know it better and what it has to offer. Thanks.
Budgeting n Heineken😂😂 why Nicollet? Why?😂😂 thnx for tips
You love teaching based on experience - Great Informative Video : Get your finances in check...
I Loved loved loved this!
Thanks for your advice sisters keep it up....
Thank you so much for this.
Bhoza yami 👊🏽👊🏽👊🏽👊🏽💞you rock 😍
Thanks for attacking me Nicolette! You read me for filth sis 📖🙈
Thank you for the advice. Have you heard about the LHS 50 year anniversary reunion for all? It's in May
First of fall sis o ntse montle goreee, bathong when are you coming to Botswana 😭
Hi Nicolette
I hope you are doing well.
I wanted to query a few things
1. When are you doing a video on on the budget speech for 2021 financial year? Also in quite a few firms, it was circulating that extended tax relief is only a relief if you assume no salary increases and that when taking into account an average salary increase, you still end paying more tax. Please shed some light on this
2. What is the average returns of tfsa per year? (I know this is a broad question but an average range would suffice)
3. I am Muslim therefore cannot engage in any interest bearing instruments, I want to know of other short term income producing products to invest in for the following reason- I want to max out both my tfsa and Raf contributions however, my surplus cash(after taking into account expenses) does not permit me to do this because the refund for the tax deduction from a Raf contribution will only be received in July after the financial year ends. This presents a timing mismatch therefore leads to a cash flow problem for the period between contributing towards a Raf and receiving the corresponding refund. I would like invest the surplus cash in an income producing asset during the year and at year end max out the Raf contributions by selling the asset and using both the income and capital to contribute towards the Raf (I can also do this for tfsa). Please advise on types of products available with low risk and income producing which do not include interest for short term
Your response will be much appreciated
Kind regards,
Nicolette, we appreciate you 💕
Dear wise woman, thank you🙏
I needed to hear this
Just what I need!
Hey Nicolette on the "idle money is bored money & bored money is gone money" comment, what would be the best way to keep the money if you are trying to buy something in 6months?
i am truly inspired Winners thank you
Thank you so much Ms Bunny
You're the best Nicollet ❤❤❤❤
so how much more do u think one should add on their car loan in terms of percentages
Save 10% of every cent you spend.
Thank u.such a helpful informative video...makes so much sense.my budgetting is going to change now and I can already see the light at the end of the tunnel.Thanx a lot dear.
Lovely!!! Dankie Cc
Thank you Cc🤗
Richest Man In Babylon
Hi Nicolette I like your budget,but is for single people. If you got family and children who are in private school and also for emergency e.g going to doctors and hospitals.
Hi. I just started my own small business. How can I draft a good budget for my business without feeling like I’m investing more of my personal earnings into it?
😄I like how you do your maths. But I really think you should have added R1000 on a relationship 😔more specifically for guys
🤣
Yhoooo kunzima ukuba indoda 😅😅😅😅😅
😂😂😂😂
True, and 1000 still very small.
For mojolo budget at least 3 k
Brother you don't spend money not in alignment with your purpose. I feel you, however, this is social programing. Loose it!
So I have my 3months bank statement n will make sure I sit n cut some of the unnecessary expenses,,is true and we have idling money we always make sure we find something to spend that money on,, im going to make a plan and thanks to you
This video is helpful
❤❤❤
100k subs here we come 💃💃💃
You make a lot of sense
Thank u Nicolette
I love your show but I am from the United States. Please explain some of your terms that we dont understand for your international viewers. Thanks
dankie my sister
Thank you
eish my only debt is NSFAS and it feels like that amount is not going down at all. Any advice on how to pay off student load fast/in a smart way
I would say calculate how much interest nsfas adds a year, then divide it by 12 months. Then add an extra 100 to 500 to that amount as your monthly repayments( depending on what you can afford) so that you not only pay the interest every month, but the principle amount as well. That way you will see your loan decreasing every year!! Most people just pay a small amount but they dont realise that sometimes that amount may not even cover the interest added every year!!!
@@khangelwakhathi508 thank you i will do
We are hitting 100k 👏🏽👏🏽👏🏽
Where are the food, petrol and electricity costs? I know it's hypothetical but its missing practical costs
Great tips Financial Bunny
I LuRvɛ you!!!
This video is hitting home😓
Damn😭😭 I was lying, I don't love you 😂😂😂😂
Oki doki
Am sure you just added a useless fact on an internet platform. Congratulations 🎉
You speak the truth too much bunny. Thanks
@@brightmaluleke5864 shes joking hawu!!!
I think budgets do not work because we don't write them down or on excel
Yeah. You need to write it down in excel and track everything you spend. Even R5
I love your videos, but the numbers part was excruciating to watch.
Check out Fudget (Budget app)
Id like to argue with the Debt part, i think ure using the old rules of money. partially it is correct but i think debt is good depends on how you use it. Bad debt comes from debt to pay expenses, GOOD debt on the other hand is the debt to build wealth. Being debt free to become wealthy is the old school rule, new capitalism teaches us to use debt to be wealth. E.g say i lent money from a bank to buy a R3m property, id have a down payment of R1m meaning the bank will lend me R2m. In renting out the property the debt will be settled plus my networth will go up as the debt goes down. ALL IN ALL when the debt is fully settled ull be R2m richer, plus if the economy is at a good state u could sell the prop for R4m that means through Debt you had a 300% interest. Debt is wrong when you decide to use for EXPENSES!!!!!!!!!!!!.
@Anne Day that is true, but trust me if you know and follow the rules of money this approach will work. the things you are talking about are the down side of using this and they are archeived when you dont contemplate.but trust me if applied in a proffessional manner YOU WILL WIN!
Thank you