Loans In Zimbabwe That Work For You: PAY YOURSELF FIRST

Does it ever seem to you like you have more money problems than everyone else?
Everybody else always seems to have it easier than you in life. We’ve all been there. Some are worse off than others. So a lot of times we borrow money without counting the costs and end up in debt. That, of course, adds on to the whole dilemma.
The wealthiest companies in the world have all used debt financing to scale their businesses. Loans are inevitable. However, there is a big difference between good debt and bad debt.
What does that mean for you?
Maybe you have a family to take care of. Or studies you have to complete. Perhaps you need a salary loan, or you have assets that can be traded for the income you need right now. You have a decision to make, and you don’t want to make a bad one.

Do Loans in Zimbabwe Work For Your Good?

Let’s use some fictional prose a bit.
Meet Takudzwa.
He’s a single father who needs to pay school fees for his 13-year old daughter. He is able to pay his rent and put food on the table, but he has no income stream to cater for his daughter’s education. He owes some of his friends at work some money, and he has no tangible ways of paying them back. He logs in to Google and searches “where to get loans in Zimbabwe” and finds one he likes.

What advice would you give him?

Now, meet Jackie.
She’s a single mother who needs to pay school fees for her 14-year old daughter. She just paid off the last debt she owed and she has a habit of saving up every time she gets money. She is fairly new in her organization and decides to get information about her income options. So she takes out her mobile phone and searches for “loans for civil servants in Zimbabwe”. She decides to take up an offer she finds online.
Who has a better reason to take a loan between the two? Should Takudzwa get a second loan as capital for a new business perhaps? How about Jackie? She has an emergency fund capable of funding another income-generating activity. Or should she use it to pay school fees for her daughter?
Let’s suppose Jackie’s savings are enough to pay her daughter’s fees for the month. Do you think getting a loan might work in her favor? I’m sure a bunch of you do.
These two scenarios reveal one of the most important principles of financial success: Pay Yourself First.

What It Means To Pay Yourself First

The principle is simple, yet difficult to implement for the most part. It means to save before you spend. Every time.
A good rule of thumb is to sit down and budget ahead of time. Have a plan for your money before you get it. Know what you need. Determine the percentage you want to save up every time you get money. Do that until you don’t have to think about it.
Have clear, written goals. If there is no target, then it will be difficult to determine an appropriate amount to save. Find things you can sell. Having one source of income will not give you the life you want to live. If you pay yourself first, then loans will work in your favor.

Conclusion

Do you have assets you can trade for money? Are you working out things and need a boost in income? Would you like sound advice before you make that decision? Our agents are here to help you out. You can contact one near your area here.

Living Day to Day Takes Money…We Understand

The more the life progresses, the more it takes to cover basic costs of living. This is a given. Marriage, kids, rentals, mortgage, food, fees, clothes, transport, services, health, insurance premiums, etc all make demands on your pockets and sometimes this amounts in a lot of strain and we understand that too.

Because we understand you, Moneylenders is here for you.

 We offer loans that are tailored to your everyday needs. All amounts matter because money needs are not always an emergency. Don’t be in a lurch, talk to us…we understand and we can help.

Visit our website www.html.co.zw  or contact our loan officers on: 0777 558 725/ 0771 326 918/ 0771 326 921 for tailor made financial solutions.

Is Your Child’s Fees Paid Up?

Yes, the school term is well under way and if the answer to that question is a big YES, then kudos to you.

We would like to speak to the parents whose answer might be drowned out or low because let’s face it, sometimes there is a lot that demands money which you might not always have.

You don’t want your child staying home from school and missing out but you might feel like you are all out of solutions. Then there’s those winter uniforms to be sorted out as well.

Don’t despair though, Moneylenders are here to help.

Come through and talk to us or apply for a loan online here:  www.html.co.zw 

5 Fundamentals of Modern Education

In these modern times, it has become increasingly important to shift educational fundamentals to suit the current times. The classroom has become part of the global village and students need to be taught how to now successfully navigate this space while still maintaining the upward trajectory of gaining knowledge and becoming useful members of society. Gone are the days when the educational curriculum was filled with theory and just enough practicals to just pass exams. Here are 5 fundamentals of modern education that can give students higher chances to succeed in this information age:
1. Entrepreneurship:
Entrepreneurship is a dynamic process of vision, change, and creation. It requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions. Essential ingredients include the willingness to take calculated risks in terms of time, equity, or career; the ability to formulate an effective venture team; the creative skill to marshal needed resources; and fundamental skill of building solid business plan; and finally, the vision to recognize opportunity where others see chaos, contradiction, and confusion.
It is more than the mere creation of business. Although that is certainly an important facet, it’s not the complete picture. The characteristics of seeking opportunities, taking risks beyond security, and having the tenacity to push an idea through to reality combine into a special perspective that permeates entrepreneurs. This can be effectively taught through school projects.
2. Cooperation: 
Cooperative learning is a method of teaching considered vital to today’s educational environment. Students can be put into smalls groups to complete certain tasks. Cooperation is beneficial because knowledge is exchanged and converged through social interaction.
When the grade of an entire project depends on the group as a whole, students are encouraged to share opinions and knowledge. This offers a less competitive learning environment. Weaker students or those that are less apt to share ideas openly or take part in classroom discussions are encouraged to participate. This helps build self-confidence in those students.
3. Financial Independence: 
One of the biggest steps toward leading an independent life is financial independence. This type of self-sufficiency starts by taking control of your money that you earn and accepting that it is yours to spend. Money is necessary to live and live in our society and it pays learning how to navigate finance. Money management; the process of managing money, including budgeting, investing, banking and taxes should be basic skills students should know.
4. Creativity: 
Creativity is the ability to think in unconventional ways, to take initiative, and to take appropriate risks. It makes your mind active instead of passive. Curious people have active minds and the mind is a muscle; the more you work it the stronger it becomes. It opens up new worlds and possibilities.
Being curious helps you see things that you wouldn’t typically see. Curiosity and imagination leave no time for students to embrace boredom. They are central elements of critical thinking. We need to be curious. Developing their capacity for imagination, creativity and empathy will be increasingly important to their competitive advantage in the future.
5. Technology:
Technology is now at the centre of our world, bringing people from different walks of life together and making the learning process that much richer. The once complicated task of researching can be made much simpler just by access to a computer, tablet, or phone and the internet. Students of these days would be hard pressed to imagine a world where information wasn’t on the tips of their fingers. Computerization means being part of the global village and this means easy ways of sharing information. This opens up a whole lot of possibilities like blogging and vlogging. Content creation is a whole industry now and students can be more than the traditional educational system allowed.
Ensure your child has the right foundation by providing them with the adequate resources that will foster their growth. Visit our website www.html.co.zw for tailor made financial solutions today to assist you in this regard.
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5 Simple Ways To Teach Children Financial Literacy

What can you do as a parent to help solve the financial literacy crisis?Gone are the days when having a piggy bank or jar to save spare change in. With the recession the whole world is facing and in particular the soaring inflation in Zimbabwe, it’s time children learn a bit more about money. This is good foundational learning that they can build on later in life. 

Earn: It’s a good lesson for children to learn the value of work. You can give them jobs around the house or a neighbour’s house to earn some money. For example, they can help a relative clean out their house before moving or cutting grass for trusted neighbours. Put the money in the piggy bank or jar. Have the child check the contents every few days to determine what the amount of money in there.

Spend: Each time money is spent, have the child subtract the amount from the total. This also teaches children about mathematics as well, which is an added bonus. You could take a child shopping and explain how you set aside a certain amount for food and have the child subtract each item from the total amount. This will also teach them about budgeting.

Save: When kids see a new toy, they want it and the urge is strong. You can give the child a choice though, either they can have immediate satisfaction by using the money they saved or they can set aside money each week or month in a separate jar for the expense. Have a countdown each time the child comes closer to the goal they have set and make sure they realize the strides they have made in their quest.

Borrow: If a kid needs to borrow money for a special treat or are short on their goal, give conditions to borrowing. If the child doesn’t pay back the amount when they say they will, add on a penalty fine such as 10c for each day late or however much will help the point across without feeling like they are being punished. Have the child subtract the amount each day to show if they don’t pay on time, there are consequences.

Invest: Investing can be cool even for youngsters. Ask your child what products they like to buy and why? Research has stated Millennials and teens invest in products with positive corporate social responsibility. Have a child research where their favorite products come from and how the company gives back to the world. This will also teach them about the environmental impact of their desired gadgets/things.

Visit our website www.html.co.zw  or contact our loan officers on: 0777 558 725/ 0771 326 918/ 0771 326 921 for tailor made financial solutions.