The Wealth Nation Podcast aims to empower you to take control of your money management and to secure an abundant future for yourself and your family by making wise money decisions. Host, Yolanda Rose Haripersad will pick the biggest, brightest brains in finance and entrepreneurship to provide you with ideas and strategies to manage your money and build generational wealth.
Investing Mistakes not to make in 2022
In this episode we talk about some investing mistakes that you should not make in 2022. It's an exciting time for investments, Interest rates are going up. But it's also a scary time. We're heading into a recession. The income gap has got everybody worried. And we're going to see a lot of problems in 2022. And I'm going to tell you how to prepare for all of this. I'm going to tell you how to position yourself to not only survive the recession but come out of it a lot richer than you were before.
Good Debt vs Bad Debt
Debt is the use of borrowed capital to fund something. Debt is seen in a negative light by many people, especially in the media. However, debt is not inherently bad. It is the use of debt isn't inherently good or bad. It all depends on the nature of debt and how it is used. So, what constitutes good debt and bad debt? We'll look at both kinds below, starting with the bad debt.
Tips And Strategies for Investing During a Recession
It's never a good idea to make investment decisions when you are feeling depressed about the state of the economy. It's no wonder that many people don't know how to invest during a recession. But it's important to understand that the economy doesn't define your investment success. In fact, a recession can be a great time to make some smart investments. It is especially true if you can find a great deal. However, that doesn't mean that you should rush into a decision. It is imperative that you do your research and make sure that you know exactly what you are getting yourself into. A recession is not the best time to start investing, but if you're an experienced investor, it can be a great time to make a few smart moves.
How to Master your Money?
Many people are having a hard time managing their money. If you aren't, it's time to step it up. This episode covers everything you need to know to master your money.
Saving money and investing for retirement are the most important steps, but you should also be tracking your spending and paying off your debt, which can be a big help in improving your finances. If you don't master your money, money will be your master. Here are some helpful links:
Get the Financial Foundations Course :
How the Rich Make Money During a Recession?
A lot of people have been saying that the global recession is the perfect time to start making money, and recently the stock market has been a bust.
In this video we'll look at how the rich have been making money in a recession and start to make some investment strategies of our own. Your life will never be the same again.
Chat to me one-on-one in a complimentary investment analysis, visit www.solomonwealth.co.za/getstarted
How to Pay Yourself First?
How to Pay Yourself First "Pay yourself first" is a term that gets thrown around a lot, but not everyone understands what it means. In this episode, I explain the basics of how to pay yourself first and how you can use this strategy to grow your wealth.