TEACHING KIDS ABOUT MONEY- TALK ABOUT IT EARLY
Whether you’re already a parent or you’re aspiring to be one, talking about money (the right way) with your kids is one of the best decisions you will ever make. Financial literacy is an essential life skill that can have a significant impact on your child’s future. The earlier you start teaching them about money, […]
WHICH IS BETTER: TO RENT OR BUY A HOUSE?
It’s a question that plagues people all over the world – should you rent or buy a home? The answer isn’t simple, and it’s a decision that will have a significant impact on your life. In this article, we’ll explore the pros and cons of both options and help you make an informed decision that […]
7 MONEY LESSONS TO TAKE FROM ALIKO DANGOTE’S LIFE AND BUSINESS
Aliko Dangote is a Nigerian businessman, investor, and philanthropist, who is currently the richest person in Africa and one of the richest in the world. With a net worth estimated at over $10 billion, Dangote’s success in business has been attributed to his strong work ethic, strategic thinking, and a deep understanding of the value […]
WHAT MONEY QUESTIONS SHOULD YOU ASK YOUR (POTENTIAL) PARTNER?
Let’s Talk Money, Honey! It’s that time of year again when love is in the air, and we’re all thinking about our relationships. But let’s be real, folks – love is great, but it’s not everything. And when it comes to long-term relationships, there’s one big elephant in the room that often gets overlooked: money. […]
HOW TO DEVELOP A HEALTHY RELATIONSHIP WITH MONEY
Money can be a very important fuel to help you meet your basic needs. Learning to improve your relationship with money will help you to continuously grow your wealth through deliberate and sustainable ways. Everybody wants to make money and enjoy life, but that doesn’t just happen overnight. People either develop a healthy or an […]
YOUR BUDGET DOESN’T WORK– BUDGETING MISTAKES YOU’RE MAKING AND HOW TO FIX THEM
We all have to make a budget at one point or the other– whether in preparation for an event, for the month, or even for a trip. For a few people, budgeting means a quick mental evaluation of future expenses while others might want to have all the details written or typed according to their […]
HOW TO GO BROKE IN UNDER A YEAR
You always get tips on how to save money, how to invest money and how to stay afloat during every financial season. But what’s the flip side like? What exactly will make you go broke in a matter of months? Maybe you’re currently under the control of SAPA and you don’t even know. Or you’re […]
I’M ALWAYS BROKE: HERE’S HOW TO CHANGE YOUR SITUATION
Maybe you feel like you’re at a dangerous place with your finances. You’re always broke. Even though you receive money regularly whether from your stipends or salary, you just feel like that money is never enough. You’re actually not alone. Many many people have issues with balancing their finances and find themselves […]
MONEY DIARY: I’M A SCHOLARSHIP MEDICAL STUDENT. BUT ON A BUDGET
I am a 22-year-old medical student in Russia. I run a pastry business and also make money from making people’s hair from time to time. I am in my 4th year of medical school and I currently live with my 2 roommates in our school hostel. I don’t really have a lot of expenses and […]
5 VALUABLE FINANCIAL LESSONS YOU CAN LEARN FROM MONOPOLY
Did you play monopoly at all? If you’ve ever played monopoly, you’ll realise how long that game can drag, especially if you have experienced people playing it. It’s like real life— you’re in the money game as long as you know exactly how to manage your assets and keep your properties. What can we learn […]
MONEY TRUTHS YOU SHOULD KNOW AS A STUDENT
I know you’re thinking, “This is just another one of those financial talks”, but money advice is never too much, is it? If you run out without actually reading, you’ll miss a chance to revisit and internalise all the money advice you’ve ever received. And who knows? That might be just what you need to […]
HOW TO STOP BUYING THINGS YOU REGRET
You still regret buying it. What’s that one thing that readily comes to mind? You know how you feel when you buy that new iPhone and you’re wondering, “Should I have bought that? Was it really worth it? Can I even afford to live like this? I could have saved that money.” Some people end […]
BILLINGS FROM YOUR HOME COUNTRY: WHAT TO DO
‘He/she is living abroad. They must have a lot of money.’ This is probably what goes on in the mind of those friends and family members that won’t stop billing you every month. In fact, they’re now expecting that that you send them money for ‘upkeep’ as often as possible. But you’re getting tired. You […]
5 MONEY TRUTHS YOU SHOULD DEFINITELY KNOW
When it comes to money, we simply don’t know enough. We’ve heard so many things about personal finance– save often, invest early, spend wisely, budget weekly. We could go on and on… But sometimes, it’s either we don’t have the best money information, or we don’t know the best way to apply these rules so […]
HOW TO MANAGE MONEY WHILE SPENDING IN SUMMER
Summer is the most anticipated season of the year. In fact, many people start making summer plans as early as the beginning of the year. And living in Russia, you’ll agree that you don’t want to miss all the fun that goes down between June and August. With the weather being warm in the summer […]
MONEY DIARY: SOUTHERN AFRICAN MONEY TRANSFERS
International students in Russia face challenges in several areas- from academics, discrimination and languages barriers to mental health stress and inadequate finances. Lethabo, our fictional character from Botswana, is a first-year private medical student in the People’s Friendship University of Russia. When he was coming to Russia, his parents tried to raise his fees and […]
FINDING A LIVING SPACE IN RUSSIA
If you’re new in Russia or you’ve been here for a while, you’ll understand that finding a place to live, especially in big cities like Moscow and as a foreigner, is a big deal. This is simply because there are simply a lot of things to consider; Cost– How much can you afford to pay? […]
TOP INVESTMENT IDEAS FOR FOREIGNERS IN RUSSIA
Given the current situation in the country, many foreigners may be wondering how they can maximise this period to invest in assets, save or invest money in the economy. Fortunately, Russia is a very friendly place for foreigners to do business and the prospects of successful investment is huge. Here are a few ways you […]
MONEY DIARY: SMART MONEY SPENDING
Annastatia Somadila shares how she spends money as a scholarship student in Russia. She says, “Our finances will always be a great part of our lives because we will keep earning and spending but don’t let your spending be more than your earning. A student reading this might say, “I’m not earning yet, so it […]
MONEY DIARY 2
Monday 29 November: 5014руб My alarm goes off at 6:00 am, and I energetically get out of bed. It’s raining cats and dogs outside, so I decide to run after work. I make myself some green tea, write some emails, and update my work plan. I also use this time to call my mom; she […]
HOW TO CREATE YOUR STUDENT BUDGET FOR THE NEW YEAR
It’s the new year… And you’ve decided that the way you manage your finances needs to change. Maybe money even tops the list of what you want to be more intentional about. “This year I promise to save. I will research investment opportunities and start growing my money. So I won’t buy anything that’s not […]