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Should I invest in Crypto? Investing  in Crypto or cryptocurrency is a massive buzz word. But is it all talk or is there something to consider? What is Cryptocurrency? “A cryptocurrency is a digital or  virtual currency  that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.” –  Investopedia Image by  xresch  from  Pixabay So Cryptocurrency is basically like a digital form of gold that is hard to fake or steal. It gets recorded on ledgers that are based on many servers making it almost impossible to lose records and hack. if you want a more in-depth read check out  Investopedia . Can I get a return on my investment? Well, seeing as you get people known as Bitcoin Millionaires, I can assume so. With outrageous growth in short spaces of time, Bitcoin and other Crypto Currencies have shone over the last few years providing a high return for many, but a high loss for others. Make sure you do your research by ...

How to use a Zero-Based Budget? Zero-Based Budgeting is the new way of budgeting. It takes into account worldly factors and allows more flexibility than the traditional budget. But What is it? And how can I use it in my own life? What is a Zero Based Budget? A zero-based budget us “Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period.” by  Investopedia . It stops the assumption that last month or period will be the same as the future or coming period. Everything starts at zero and all expenses need to be justified and explained. This process forces managers to review every expense and justify it. Image by  Steve Buissinne  from  Pixabay Why should I use a Zero Based Budget? Zero-Based Budgeting can help you by  cutting costs  and to be knowledgeable about where your money is going. By assuming nothing and justifying all your expenses bi-yearly or quarterly, you can find wasteful spending a...

Top Investment Tips to use right now to grow your wealth! Investing is imperative to building wealth and 2020 is the year of opportunities. With a global pandemic form new value, now is a better time than ever to invest in top-quality investments. These are my Investment tips. 1 Make an informed decision It sounds simple; however, I have seen many people becoming “Day traders” overnight! This is the best tip I could give for first-time investors! Make an informed derision. Success in investing is understanding what you are investing in and how you are investing in it. I personally have little to no knowledge of in-depth computer software, so I cannot judge a Software company on its new software due to my lack of expertise. I would need to look and invest in something I know and understand in order to succeed. Do some research on Warren Buffet's investment Tips and learn from his expertise! 2 Take into account Risk! Risk is a very controversial topic with many o...

 "My wealth has come from a combination of living in America, some lucky genes, and compound interest." – Warren Buffet. Here we will show The Benefits of Compounding! From the man himself Warren Buffet! Warren Buffet is known as one of, if not the best investor of our time. He is one of the richest men in the world and has pledged $50bn to charity, mainly the Melinda and Bill Gates Foundation. Now we don't all have the ability to live in America, we have no control over genes, but we can compound. What is compounding? Compounding interest is the interest made when you reinvest money earned from Interest. So if you have R100 invested in a savings account. You earn R5 interest, you can either take that interest out or reinvest it. Reinvesting that interest will cause you to earn interest on R105, not just R100. Causing you to earn more interest. Now this seems easy, but the real magic happens over times as shown in the table below, The Benefits of Comp...