The Choncos Wealth Management

The People Of Mzansi's Preferred Financial Advisers
Growing Wealth | Protecting Families 💸
#Life | #Health | #Investments | #Business

[The Choncos Wealth Management @TheChoncos]

Financial Bad Habit #5 of #5

Poor Debt Management ⚖️

Failure to correctly manage your debt will lead to increased debt that snowballs into devastating results.

[The Choncos Wealth Management @TheChoncos]

Financial Bad Habit #4 of #5

Failure To Save & Invest ❌

Saving/Investing money now. saves you in your future. Avoiding saving & investing is the cause of future financial trouble.

[The Choncos Wealth Management @TheChoncos]

Financial Bad Habit #3 of #5

Living Beyond Your Means 📈

Continually spending more than you earn will quickly destroy your financial standing & compound your problems.

[The Choncos Wealth Management @TheChoncos]

Financial Bad Habit #2 of #5

Failure To Budget 💰

Most financial bad habits are rooted in the failure to budget. Failure to budget is failure to control your finances.

[The Choncos Wealth Management @TheChoncos]

Financial Bad Habit #1 of #5

Impulsive Buying 🛍

The best budget cannot help someone who cannot discipline their impulsive spending habits.

[The Choncos Wealth Management @TheChoncos]

Earning more money is not the cure to BAD financial habits!

People make the mistake of believing that more money will fix all problems, we believe that more money will reveal whether you have GOOD or BAD financial Habits!

Stay tuned as we uncover 5 BAD Financial Habits!

[The Choncos Wealth Management @TheChoncos]

Consistency is the key to your financial freedom! Did you ever think about that?

The goal we should aim for is to make sure we are making consistent progress with our financial well-being status.

Work hard to leave yourself in a better position each month!

[The Choncos Wealth Management @TheChoncos]

Perspective is key when cost cutting! ⬇️ Read this!

You need to stop seeing it as depriving your current self and start seeing it as taking care of your future self! That gives you the power to cut certain costs.

Comment “💯” if you agree!

[The Choncos Wealth Management @TheChoncos]

Consistency is the key to your financial freedom! Did you ever think about that?

Work hard to leave yourself in a better position each month, after 12 months you’ll be shocked how much progress you’ve made!
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Retweet if you will try this!

[The Choncos Wealth Management @TheChoncos]

Riches are measured in CASH!

Wealth is measured in YEARS!

Retweet if you didn’t know & agree!

[The Choncos Wealth Management @TheChoncos]

#Savings refers to the amount left over after an individual's consumer #expenditure is subtracted from the amount of disposable #income #earned in a given period of time. Savings can be used to increase income through #investing in different investment vehicles. #FinancialFreedom

[The Choncos Wealth Management @TheChoncos]

Happy Friday! [A THREAD]

Always remember that there is a difference between Saving & Investing!

Investing is the act of putting money into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

[The Choncos Wealth Management @TheChoncos]

We tend to complicate things, it is important to note that this is the core to you retiring earlier.

We all want the result but are not willing to do what is necessary in the short term to enjoy the benefits in the long term. How serious are you about retiring early? #retirement

[The Choncos Wealth Management @TheChoncos]

It is essential to teach a child how to do these things when they are young before they pick up bad habits that can completely ruin their financial standing in the future. Knowledge is POWER, so as a parent ensure you are empowering your children to avoid all you had to ensure!

[The Choncos Wealth Management @TheChoncos]

Today we discuss Retirement Annuities!

#FinancialFreedom #FinancialIndependence #Retirement #RA #Annuity #WealthCreation #FinancialServices #WealthProtection #Money #Legacy #Life #FinancialPlanning #Finance #Goals #Health #Wealth #Business #Investments #Budget #Planning #TCWM

[The Choncos Wealth Management @TheChoncos]

the line. Look for a fund that has consistent growth & has generated more growth than the #JSE #AllShareIndex over 5+ Years.

#FinancialFreedom #FinancialIndependence #WealthCreation #Money #Legacy #FinancialPlanning #Finance #Goals #Health #Wealth #Business #Investments #Budget

[The Choncos Wealth Management @TheChoncos]

Invest in funds that have a track record of at least 5 years or more. Why? , you may ask. Well, we can't simply choose the best-performing unit trusts, equities or investments of the moment, because the top funds of today could quite easily become the worst funds 6 months down...

[The Choncos Wealth Management @TheChoncos]

@GrubbWealth Fully agree! 💰

[The Choncos Wealth Management @TheChoncos]

Hey Ladies & Gents! Invest in funds that have a track record of at least 5 years or more. Why? , you may ask. Well, we can't simply choose the best-performing unit trusts, equities or investments of the moment,… https://t.co/rRTe3FyzfH

[The Choncos Wealth Management @TheChoncos]

#FinancialIndependence #Retirement #RA #Annuity #Insurance #WealthCreation #Life #FinancialServices #WealthProtection #IncomeProtection #Money #Legacy #FinancialPlanning #Finance #Family #Goals #Health #Wealth #Business #Investments #Budget #Planning #TheChoncosWealthManagement

[The Choncos Wealth Management @TheChoncos]

In order to achieve financial independence and have a comfortable retirement, aim to save at least 15% of your total annual salary, every year, over your lifetime.

It is not too late to start - your future self will thank you for it! Don’t procrastinate.

#FinancialFreedom