Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Monday 25 May 2020

5 Reasons Why Payment Holiday Isn't a Holiday


Payment Holiday

Hello and a warm welcome back to another blog post. Let's address the elephant in the closet by delving into this whole topic of payment holiday.

I was speaking to a good friend a few days ago about the truth behind this wonderful phrase called 'payment holiday' which has been floating around for a few weeks. Anyway, my friend and I discussed it in great detail. At the same time, I was also lamenting about feeling guilty with continuing  to talk about financial literacy at a time like this. 

By the time we had finished our conversation, the feeling of guilt had disappeared! Yes, it's wonderful to have great support network. I also felt so happy that I was able to impact knowledge on 'payment holiday' with my dear friend.

Okay, so, first off, it's called a payment holiday. The operative word is - holiday. It is also in the singular form. This means that you only have one option. Otherwise, it would be referred to as 'payment holidays'.

Who doesn't thoroughly enjoy a holiday and also dread going back to the realities of life. Well, the same goes for a payment holiday.

5 REASONS WHY PAYMENT HOLIDAY IS NOT A HOLIDAY

  1. You are able to continue to make regular payments: if you are able to, and can afford to continue to make payments, do so.
  2. You can make some payments: it is better to make some payment versus no payment whatsoever.
  3. . You are unsure about what will happen after the holiday is over: consider what life would be like for you once the 'new normal' is here.
  4. You have failed to enquire about other payment options: a payment holiday is NOT a new concept within the financial industry.

Tuesday 7 April 2020

Effective Ways To Contact Financial Institutions



Effective Ways to Contact Financial Institutions
Hey hey there. Hope you are hanging in there. Oh yes, I've had my own personal experiences of contacting a few financial institutions. I had to wait for two hours on the telephone at one point.

Here are the best and effective ways to contact your financial institution:

Best Ways To Contact Financial Institutions


  1. Live chat: typically, staff who cover the live chat part of a business do not work in an office. They are usually remote workers working separately to staff we meet on a day-to-day basis. These staff are available to speak.
  2. Email: yes, good old email still works. You've never received a response so fast in your life!
  3. Contact form: remember those forms we sometimes fill out online and totally forget about? Try them too. They work just as great, if not even better.
  4. And finally, Bot. The AI (artificial intelligence) that answers standard questions. This is probably the least useful of them all.
Please do not provide personal information, usernames or passwords EVER!

If you must speak to someone on the phone, be ready to wait.

Be Ready To Wait


As with anything I write or say, Spend BETTER by saving your much needed data. 

N.B - there are a few other ways of contacting these companies such as video call and WhatsApp.

#WeAreInItTogether

Until next time,
Much💛
Deborah

Sunday 29 December 2019

The Power of 3 as a Thank You

The Power of 3


It has been such a long time that I sat down to write anything. Suddenly, it occurred to me how I've been working in 3's without even realising it.

I'm no poet, but here we go:

3 stages in your financial blueprint
The foundation, structure and apex

3 bank accounts is what you need
The Need-to, The Want-to, The Must-do

3 percentages to your Money Makeover
50%, 10%, 40%

3 taglines
Spend BETTER, Save BIGGER, Invest BRAVELY


The Power of 3

3 is half of 6, the number of kids flashcards
Budget. Needs. Wants. Bucketlist. Save. Invest

3 years ago, Sawyerrs' House was established
You have made it happen. Thank you so very much.


Power of 3



Wednesday 30 October 2019

8 Simple Ways That Makes Gift-Buying and Party-Throwing A Breeze

Simple Ways That Makes Gift-Buying and Party-Throwing A Breeze
8 Simple Ways That Makes Gify-Buying A Breeze
  1. Purchase gifts in stages throughout the course of the year and well in advance of the gift-buying season.
  2. Join special schemes that focus on helping people to specifically save for holiday splurges.
  3. Only buy gifts for close families or friends.
  4. Ask friends and family who will be attending your party to bring with them a bottle or their favourite dish.

Saturday 26 October 2019

Thursday 26 September 2019

A Simple Money Formula by a 12 Year Old




WHAT WAS MY REACTION WHEN I WATCHED THIS VIDEO BY FINANCIAL FITNESS BUNNY?


Ecstatic is an understatement!

Before I get into elaborating more on why I was ecstatic and wowed by this savvy smart 12 year old, I have listed below 1 main initial reaction I had:


"Even if our kids aren't old enough to practice some of the smart money concepts they learn, it is still important to expose them to these concept."

Do you remember when you were a toddler and perhaps was dropped off at the daycare/nursery? Remember those nursery rhymes? Let me know which was your favourite nursery rhyme and which one scared you.

Well, many of those words in nursery rhymes meant nothing to us - we simply enjoyed the rhymes vs the words. Would you agree?

And then we got older and..

The older we get, the wiser we become - or so we should. As we grew from being a toddler into kids of school age, the words began to make more sense. I know it certainly did for me. I also noticed the same happened with my daughters.

The very same principle can be applied to the little guest speaker who spoke in the video. Exposure is still a crucial part of education for a child. Keep exposing them regardless of their age.

The more a child is exposed to varying money concepts over a period of time and on a repeated basis, the more the child grows in financial intelligence and responsibility. 

It's almost like when our kids are told at school to read books which challenge their imagination and vocabulary - regardless of the volume of the book.

Anyway, let's get straight into a list of things which stood out for me:


  1. Financial literacy for kids has an element of philanthropy
  2. Find what works for your child and run with it
  3. Give your child real money to learn from
I'd love to read your reaction to the video in the comment box. By the way, our No Sugar Coating post is a fun and factual read which you can't afford to miss.

Until next time,
Much💙
Deborah




Monday 16 September 2019

No Sugar Coating - How to Say No To Our Little Angels



sawyerrshouse
No sugar coating

Hello and welcome back to a very overdue post. As you know, I'm all about educating you on how to solve those difficult financial literacy challenges. Today is not different.

Anyway, without saying too much, can I please share an article I was recently featured in talking about how to simply say no to our children. The article has very short statements by other mothers like you and I. I found many of the statement so funny too. Oops, sorry, here's the link

Hey mums, have you ever found yourself saying yes when you really wanted to say no to your child?

I'd love to hear from you in the comments box.

Until next time, check out our kids website here

Much💚💛

P.S - I'll be featured again on the UK Money Bloggers website on 23 September 2019 giving some inside information on why financial education.


Monday 4 February 2019

Pop Quiz




Hello and welcome back to another post from me. As you know or may not know, I like to keep my post short, sweet and straight to the point.

Here is a pop quiz I took part in. It's something a little different but fun. Do kindly click here for details of it. 

Until next time,
Much love,
Deborah

Thursday 20 December 2018

Why I Love What I Do



I am a Money Literacy Educator for kids of school age. This means that I educate children how to be money-smart - something that many of us as adults never learnt when we were young. 

I created my business best known as Sawyerrs' House following a very difficult time in my life whereby I noticed that my two young daughters were not being taught how to value money. I often refer to the birth of what I do as - From Pain To Gain.


Words cannot really explain how much I love what I do, but I will give it my best shot. First, I live, breath, eat, sleep and dream what I do. Yes, I am that passionate about impacting as many young peoples lives because I know firsthand the dangers of not being financially literate. I am never bored with what I do or ashamed of sharing with others what I do. 


I love what I do because there is never a time when I sit with young learners that I am not able to capture their attention and captivate them with my personal story of why I do what I do. I love to see the sheer excitement on their faces when I tell them the juicy parts of my story, only to drop a bombshell at the end. It's usually a rude awakening for them.

I love what I do because I notice that whenever I am educating young people(usually in the vicinity of their carers or parents), the adults typically eavesdrop on what I am teaching. As a result, the adults often get involve and ask so many questions for themselves. I find that very refreshing and an indication that adults also need this piece of education.


I love what I do because I started my business journey using my daughters as guinea pigs. Over time, I have seen an improvement in their attitude to money - mind you, my daughters haven't quite perfected it yet as financial literacy is lifelong learning.


I love what I do because very early on in my business and with the help of my daughters, I was able to put together a Money Literacy worksheet booklet and flashcards using a simple concept called Bring Nice Wellies But Stay Indoors. These six words represent the complete and basic money literacy terms for kids and adults alike.

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