Budgeting 101 Learn how to budget Separating your wants from your needs and learning how to budget can help you save towards the things you want. Here are your budgeting questions answered. What is a budget? A budget is a record of how much money you earn/get in every month and how much you spend every month. Why should I …
As inflation increases, hard times definitely lie ahead for most Namibians. However, don’t despair as this is the time when you should think about investing your hard earned money in order to endure these challenging times. Q1. Why it is important to get into the habit of saving on a regular basis? A1. Savings should be regarded as a necessity …
Get a head start in saving your money When you first start a formal job, nothing beats that feeling of having your salary. Imagine all the things that you can spend it on! This is also a time to get ahead of your financial future. It’s easy to live in the moment when the future seems so far away. But it’s absolutely vital to start …
Introducing good financial management for SMEs Proper financial management, recording both your historic performance and projecting the future cash flow and financial requirements of your business, can mean the difference between long term success or failure in the business world. Standard Bank is committed to support Namibia’s Small and Medium Enterprises (SMEs) in order to boost Namibia’s economic growth. When …
Helpful saving tips for challenging times Times are tough. With the cost of living rising amidst the tough economic conditions brought on by Namibia’s intense drought and rising inflation, it is challenging to get to the end of the month. “Saving should be a habit. Just like brushing your teeth every morning; so should saving become a routine activity. …
Effective management skills for franchises There are no guarantees when it comes to business. Even owning a franchised store with a great consumer brand, store location and franchisor support can’t stop a business from getting into difficulties if management skills aren’t up to the challenge of everyday operations. Although a franchisor helps franchisees to be successful by providing the systems …
Get a head start in saving your money When you first start a formal job, nothing beats the feeling of having your salary in your bank account and imagining all the things that you can spend it on. It’s easy to live in the moment, because the future seems so far away. But it’s absolutely vital to start planning …
As inflation increases, hard times definitely lie ahead for most Namibians. However, don’t despair as this is the time when you should think about investing your hard earned money in order to endure these challenging times. Through this question and answer format, Standard Bank stresses the importance of building up an investment to withstand the hard times and get into …
Get your finances on the right track for 2017 Get down to budgeting Plan how you are going to spend your money and stick to it. This is the key ingredient of budgeting in order to achieve financial success. It’s a fact that there are many people out there who have money, but are actually broke because of not …
Get a head start in saving your money When you first start a formal job, nothing beats the feeling of having your salary in your bank account and imagining all the things that you can spend it on. It’s easy to live in the moment, because the future seems very far away. But it’s absolutely vital to start planning …