AYS Finance and Credit Solutions

31/07/2018

12/06/2018

27/03/2018

Ending the cycle of debt means interrupting it. Here's how to stop the cycle, come up with alternatives, and say no to debt.

27/03/2018

It’s normal to try balance transfers & debt consolidation when you first work on paying off debt. There's one problem: you can’t borrow your way out of debt.

15/12/2017

Household debt is often cited as a key risk to the Canadian economy by the Bank of Canada and others.

03/11/2017

SAVING MONEY IMPORTANT- MATAMBO

The Minister of Finance and Economic Development Mr Kenneth Matambo says there is need to educate the public on financial literacy and the importance of saving.

Giving a keynote address at the World Savings day commemoration in Masunga on Tuesday Mr Matambo said people who were financially literate were more likely to plan, save, invest and accumulate wealth.

He stated that the theme for the day “Our future starts with savings” was meant to educate families on the importance of saving to secure a good future.

Minister Matambo commended Botswana Savings Bank (BSB) for having partnered with his ministry to commemorate the inaugural world savings day in Botswana. He said BSB was mandated by government to provide banking services at a low interest rate compared to commercial banks.

Minister Matambo highlighted that saving money should not be determined by how much one earns but by the interest one has in saving. He further indicated that people should strike a balance between their income and expenditure adding that Botswana was slowly degenerating to a consuming nation.

The minister said financial institutions were extending their services like ATMs, mobile and mini branches to rural areas in order to bridge the banking gap to accommodate everyone. He said poor financial planning may lead people to deep financial debts.

“Lets change our mindset towards saving. I hope Batswana are motivated to make saving an important part of their lives.”
BSB board chairperson Ms Juliana Mmereki-White stated that the day was meant to promote saving as a habit saying that saving money was an assurance to a good future because the money saved could be channeled to many projects.

Ms Mmereki- White said in some countries savings were used to finance infrastructure development. “People are suffocating in debts and as a savings bank we preach that people should save and secure a bright future,” he said.

Kgosi Maruje Masunga said he was grateful that BSB had taken their services to Masunga and spread the message on the importance of saving. He stated that this commemoration would leave a footprint in his village adding that such partnerships should be nurtured and strengthened. (BOPA)

02/11/2017

Such behavior is typical African, Living a lie to show off to people who dont even care. Sad having a lot of money is not good if obtained unethically and the COP appear to have a formal way of making money for themselves just as it does in the tourism sector with tips and the like. Save you money in the bank and get interest or invest to build more wealth.

29/10/2017

“Grabbing Hold of Your Financial Future”, the World Savings Day theme for 2016 is as relevant as it were then. Wee believe on of the lifestyles that can help you save money for development and the future is adoption of cycling as your primary mode of transport for all your commuting needs. There is no cost for petrol, repairs and maintenance, parking, tolls etc as also traffic.

http://www.indiacelebrating.com/events/world-savings-day/

http://www.mastercardfdn.org/world-savings-day-shining-a-light-on-what-people-value/

17/11/2016

What are Americans' top financial stressors? Here are seven that people in most states find worrisome.

17/11/2016

With mortgage debt creeping back up and student debt ballooning, American families are in the midst of a debt crisis. While we needlessly fret about ov ...

15/11/2016

Do you know where your money is actually going every month? If not, then that's a a big problem. Here's how to fix it!