Money Managers

Let's discuss making extra payments on your loan.

First, it's important to note that your lender may not be pleased with this decision because the interest you pay is their income. As a result, some lenders may discourage or complicate the process of making extra payments towards your loan.

However, this doesn't mean it's impossible. Many people successfully make extra payments. For instance, I managed to pay off a debt of P340,000 in just 17 months by making additional payments. I would make these extra payments at the branch over the counter.

With the 🌳 bank , you can make extra payments at any time through their app or via internet banking directly to your mortgage.

You, too, can eliminate that unproductive debt as quickly as possible and learn to leverage debt to your advantage.

Be grateful you have a salary.

Your salary is your most valuable tool for building wealth.

It is the steady form of income you will always receive, so be thankful you have it.

Your salary opens many opportunities for wealth creation.

It gives you leverage—the ability to use other people's money to grow your wealth.

Financiers value your salary highly.

Protect it at all costs, because failing to do so could lead to selling it and accumulating a chain of debts without anything to show for it.

If you're not careful, your salary could create financial messes; you might take out an advance loan, a credit card, personal loans, a car loan, or hire purchase agreements.

There’s nothing wrong with these loans, as long as you're using them to acquire assets that help repay them and generate more income.

Change how you see your salary.

Your primary wealth-building assets

1. Business ownership
2. Property ownership
3. Stocks/shares

Most people begin by owning a business and then use the profits to expand into real estate and stocks.

The issue is trying to do everything at once.

Start with one asset, focus on it, become profitable, and then diversify.

Impressive workmanship.

You can contact him @ 75480661

Where is your business bank account and why did you choose the bank you are using?

5 months later and still going.

This is the total we have invested in stocks and property through our metshelos.