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Woman Making Moves: Sesame Mosweu

Posted by Editor On May - 24 - 2011

Sesame Mosweu is taking Bostwana media industry by storm; a true MOGUL in the making. She is not only a radio and TV presenter but an actress, lawyer and entrepreneur. Sesame has been on radio for 4 years and television since she was 19 years old.

Woman Making Moves: Jinna Mutune

Posted by Editor On May - 23 - 2011

A young, energetic rising star, Jinna Mutune is an aspiring Director from Eastern Africa whose native country of East Africa provides the perfect backdrop and inspiration for her creative mind. Jinna majored in Directing and Producing at the South African School of Motion Picture Medium and Live Performance [AFDA, Johannesburg, South Africa] and a course in Film Studies from the Houston Community College in Texas, USA and Fitchburg University (MA)

Woman Making Moves: Lisa Mundembe-Chuma

Posted by Editor On May - 23 - 2011

Apart from being an International Speaker for Schools in the UK, Lisa Mundembe-Chuma, originally from Zimbabwe is also the founder of Inspirational Woman Magazine a global women’s magazine that promotes unity amongst all women and celebrates women despite possible differences.

Woman Making Moves: Tiffany Aliche

Posted by Editor On May - 23 - 2011

Tiffany Aliche, better known as ‘The Budgetnista’ describes herself as a preschool teacher, tomboy, travelnista, social butterfly, chatterbox turned financial coach, speaker and author. A passionate teacher of financial empowerment, the New Jersey native earned a Bachelor’s Degree in Business Administration from Montclair State University and passed up a career in corporate America to teach undeserved youth in Newark, NJ.

Woman Making Moves:Amanda Ebokosia

Posted by Editor On May - 23 - 2011

Amanda Ebokosia is the founder and CEO of The Gem Project, Inc. The Gem Project is a nonprofit organization that educates school-age children, youth, and young adults about issues that are affecting them and their communities. Through the use of the organization's innovative programs, the Gem Project is able to hone the skills of leadership and community organizing skills of our youth.

Woman Making Moves:TolumiDE

Posted by Editor On May - 23- 2011

TolumiDE, pronounced toe-LU-me-day, is a Nigerian - Canadian Singer and Songwriter. Her name is a fusion of er first name Tolu and last name Olumide. TolumiDE who currently lives in Washington, DC was born in Toronto, Canada, she attended Primary and High School in Lagos, Nigeria and later studied Fine Art in the University in Toronto, Canada.

Woman Making Moves: Vickie Remoe

Posted by Editor On May - 23 - 2011

While in grade school, most of the comments from her teachers on her report card noted "very clever but too talkative” what they did not know was that Vickie was destined for greatness with her skill. Born and raised in Sierra Leone, host Vickie Remoe, who is currently in Freetown, received a Bachelor of Arts Degree in Political Science from Haverford College in Pennsylvania, U.S.A

Woman Making Moves: Myne Whitman

Posted by Editor On May - 23 - 2011

Nigerian blogger and author, Nkem Akinsoto is greatly known in the blogsphere by her pen name Myne Whitman. The full time writer and blogger has a Masters degree in Public Health Research but decided to follow her childhood dreams of writing popular fiction to get people writing.

Avoiding Debt

Posted by AfroElle On 5:47 AM
Mary has just set off in the morning to look for a new house. She looks to get an agent, they should know where the best houses are, she is able to go round a few other houses with another agent and voila she comes across one that she likes. With the deposit and rent paid she moves in immediately before night fall.

In Mary's case the next thing on her mind is figuring how she can spruce up her house at the snap of her fingers, since money is not easy to come by she turns to the nearest bank that can ease her off her misery, with that comes the necessary repercussions.

I’m sure this story runs true for many young adults, we all want to have a place we can call our own no matter the cost. Knowing that, marketers are using it to our disadvantage and coming up with all manner of products that will make us feel rich immediately.

Consumable debt is the easiest to get into, with it, high interest rates are not far behind. The longer you take to pay it off, the faster you end up doubling sometimes even quadrupling the banks coffers.

The key to avoiding debt is to:

  1. PLAN PLAN PLAN!!!!! This will enable you to set deadlines so you do not take the first offer you get just so you satisfy today's immediate needs.

  1. In your plan incorporate a SAVINGS and INVESTMENT strategy, this will enable you achieve your dreams faster as the money starts working for you due to the power of compounding...

  1. If you really have to borrow, PAY DOWN the DEBT AS SOON AS POSSIBLE, how you may ask? Well reduce your spending habits, then channel the additional savings into paying of the principle amount of your debt (this is an agreement you enter into with the bank.

Don't make the mistake of increasing the minimum payment; just ask to make additional payments instead. This will save you a lot of heartache in the event an emergency creeps up on you)

  1. Use debt to your advantage, by using the money to PURCHASE INVESTENTS that will eventually bring you a HIGHER RATE OF RETURN. A Good example is a piece of land as it has an appreciative aspect and hence may grow faster over the period of the loan.
Now that is the epitome good debt, increasing your wealth over the long run as opposed to taking money out of your pocket, which is the case with bad debt.

Elizabeth Karina.    

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