DEBT CONFESSIONS FOR OVER 2MILLION RANDS IN DEBT | PLAN OF ATTACK ON DEBT
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- เผยแพร่เมื่อ 7 พ.ย. 2024
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Hi Noma. I thoroughly enjoyed this video. Can we get a debt update from each debt confession maybe every 3 -6 months?
Yoh Noma, I cannot thank you enough for videos of this nature. Thank you so much for empowering us through what you share with us.
Believe me; if I knew back then, what I know now I would have been a millionaire or at least be financially free.
I did this (this sheet) for myself and it is sad to know how much debt I have.
Sadly I had to use my entire savings of Jan-June to survive without borrowing money. So I will minimise the saving challenges and concentrate only on a few and rather use the remaining money to pay off my debts.
Come December, I should have walked quite a distance on my walk of a DEBT FREE JOURNEY.
Thank you once again, remain blessed.
A bit delayed but i love how whenever you do the your budget my way videos you never sound judgmental, it would be so nice to know where they are now, this was very eye opening
If I had known this information 5 years ago I would have done better.... Thanks Nomaz
I know what you’re talking about… I felt the same when I started my journey ✨
Interest is a killer ur video is educational.
Hi Noma thanks for the video it's really informative I have got debts but with this information I will make it
"Just because we can make monthly repayments doesn't mean we can afford"
Looking at the time frame between these cars (they both new cars) getting the 2nd car was stretching their budget too thin. On the previous video petrol was 2k, is it for both cars or 1?
Deep
I hope they follow this method, it will help them a lot
Step in the right direction.. With discipline and consistancy shell be out of this mess
The two cars can go back tuu i am sure dealership allows
Thoroughly enjoyed this video ❤
This video is so informative ♥️♥️
I once heard if u pay more than 5 years for a car then u can’t afford it , it’s should only be 48 months and below …
Also , the problem we have is we don’t WAIT!
Think about it , we pay so much interest for a car tht u paid minimal deposit for , meanwhile u can save for 48 or less month and afford a car cash especially if u put ur savings in a compound Interest account..
So we’d rather pay the interest for the things tht we want rather than save and earn interest and afford the things we want with ease
I completely understand what you mean and I agree with this particular debt picture you commented on but, I personally would rather pay for a car then take public transportation, because of how my life is set up, it is a need for me and my family. But obviously if it works better for you to save for a car while taking public transportation then 100% do what will make your life easier, at the end of the day we will not have the same needs and wants 😊
It seems like these cars were purchased with residual value judging by their months. Butbthen again, i could be wrong.
I still feel like a lot can be cut off from their budget 😭 the 2 cars? The 2 life covers?
Tht car 11k car needs to go 😢
The 2 life covers could be 1 each so maybe necessary. The 11k car definitely needs to go
Something must happen on those two cars😮
I feel like they can make use of 1 car. That R11k can be used to pay debt and change their lives in a year, instead of just R800.
@@masedimoshe2969 second you on this
@@masedimoshe2969am with you on this one
😢 what do these people do for a living?
😢😢😢😢😮😮😮😮yooohhh the banks are just getting richer and richer….. it’s so sad
😟Too much and this type of content is an eye opener for us to get our finances right. I am really grateful that Noma introduced these one on one sessions and that the BFF's are letting us in on their personal finances
😢😢 so they recently bought these 2 cars..
New subscriber 🎉🎉
👍❤️👍
Yhoo so much debt 😢
My fav notification😊
2 million yoh😂😂