International Finance Consultants (IFC) Ltd @23_ifc

Lastly we dive into the next two categories of debts, which are; 💼 Revolving debt 💼 Mortgages #debtmanagement #financialliteracy

Today we are categorizing debt into four broad categories beginning with: 💼 Secured Debt 💼 Unsecured Debt Which involves collateral and which one does not? 🤔 #Debt #Debtmanagement #financialliteracy

Which kind of debt have you been more familiar with? 😇 From students loans, to personal loans, to mortages business, individuals and organizations all require debt at some point in their operations to get processes moving.👍 #debtmanagement #financialliteracy #borrow

The concept involves four key terms: 📌 Borrower 📌 Lender 📌 Paying back 📌 Interest Debt is money owed by a lender to a borrower who has to pay back the money borrowed with an #interest fee. What's your experience with debt? #financialliteracy #debt #loans

Introduction to Debt Management 📌 Stay tuned as we explore the; ✅️ Meaning of debt ✅️ Types and examples of debt ✅️ Relevance of debt to people and businesses ✅️ Ways to manage debt #debtmanagement #financialliteracy #loans

Step 5️⃣ "Successful investment is about managing risk, not avoiding it." ~Benjamin Graham Taking the step to #invest itself is a risk, before you do so, carry out a risk assessment to determine your ability to manage the risks that come with your #investment venture or not.

Step 4️⃣ "We must always be good tax payers." Having good tax paying records not only contributes to National #development but also provides a chance for your investment to be selected for #opportunities to supply to other businesses your product or service. #taxes @URAuganda

Step 3️⃣ "Can it be easily liquefied?" This means can the asset you intend to #invest into be easily converted into money. This is important because it helps individuals to easily meet #financial obligations or emergencies and it helps #businesses to cover #operational expenses.

Step 2️⃣ "Failing to plan is planning to fail." Immediately you are done with your research, plan how much money from your earnings you are willing and able to sacrifice in order to start your #investment journey. #planning #FinancialLiteracy

Step 1️⃣ "Research is everything" It is commonly written that knowledge is power and in finance, knowledge saves you time and resources. Avoid excitement of following trends in #investment unless you have made adequate research on the profitability of the venture. 🔎 #research

Have you ever wondered what to do to finally kick start your investment journey? 🤔 Stay tuned as @23_ifc shares 5 easy and workable steps to beginnyour journey into Wealth and financial prosperity! 💰 #financialliteracy #investment #wealthcreation #knowlegeispower #Finances

We summarize the common terms used in #Investment with these last two, #assets and #Dividends. Now you have an insight on the terms used 🤠 #FinancialPlanning #FinancialLiteracy #Investment #Dividends

Today's terms are #bonds and #stocks in the investment world and what they mean. Be sure to share what your ideas are on this 😉 #FinancialPlanning #FinancialLiteracy #finances #Investment

Let's continue our learning about #Investment with the terms below. Funds 💰 and Equity 📉 What are your insights about either? 🤠 #FinancialPlanning #FinancialLiteracy #FinancialServices #Investment #Funds #Equity

Today's terms are expounding further on the topic of #Investment. Some common terms we come across are #returns and #ROI commonly known as Return on Investment. Let's learn abit about them!😉 #FinancialPlanning #FinancialLiteracy #Investment

Today we are exploring the definitions of these key terms as used in #Investment. Feel free to share what your opinions about #savings and #Risk are. 🤔 #FinancialLiteracy #FinancialPlanning #Investment #savings #Risk

RISK! RETURN! Return on Investment! What do these terms actually mean? 🤔 Stay tuned as we enhance our knowledge and understanding of some of the key aspects of investment. #investment #risk #return #financialliteracy

INVESTMENT 💰 We will be exploring relevant topics like; 👉 Where should I invest? 👉 What is the best investment venture to take? 👉 What are the types of investments? 👉 Why is it necessary to invest? Stay tuned for more highlights! 😃 #investment #wealthcreation #Finances

"Hard times don't create heroes. It is during the hard times when the 'hero' within us is revealed." ~Bob Riley We saw your bravery.🫡 We loved your bravery.💖 We are inspired by your bravery. ✨️ Happy Heroes Day! 💪💛 #9thJune #heroesday #Inspiration

Happy Eid- al -Adha! 🎊 May this season bring you and your family together in peace, harmony and merriment as we commemorate the faith and obedience of Prophet Ibrahim to Allah. Have a blessed day. ✨️ #Eid #celebration #family