Tag - financial management

Introduction of Lampy the Lighthouse

Who is Lampy the Lighthouse? Lampy the Lighthouse is our family friendly mascot!   Who created Lampy the Lighthouse? He is the creation of the Founder Melinda Belle at Astrape Finance. She saw a need to engage children in early education, in particular, financial education. She strongly believes children are never too young to learn about money.This belief led to the development of the first of an educational series, “Lampy the Lighthouse: Earning & Spending”. In this colouring book, Lampy carries children through a fun and interesting colouring [...]

50 Practical Money Tips for 2016

It’s the new year and we thought it fit to share with you some practical money tips to see you through 2016: Use the envelope system to budget your money. Simply place money into labelled envelopes and stick to using the amount allocated to each envelope. Give yourself a goal to accomplish within a year. Make sure your money goals are SMART. Specific, measurable, attainable, realistic and time-bound. Pay more than the minimum balance due on your credit card. It will reduce your balance [...]

Mind Your Budget

Let’s monitor our budgets very closely this holiday season. Whilst being in the midst of the Christmas hustle and bustle, let’s be mindful of this: Financial leadership You have been paid earlier than your normal pay date. What do you do? Do you spend like there’s no tomorrow? Or do you make a plan? Might I humbly recommend you make a plan? This is not meant to stop you from having your fun this period. After all, it is the season to be [...]

Become a Wealth Manager Today!

Wealth managers are caretakers of wealth. You may not consider yourself a wealth manager. You may not have a net worth of 35 million. But the truth is you are a wealth manager. It’s time to think like one. There has been a common misconception that  financial planning is for the rich. Not true. Everyone regardless of their financial background ought to have a plan. If you are student in your final year, you better start thinking about your financial goals. You might [...]

How To Take Personal Responsibility For Your Finances

When we were children, we had not a care in the world. All of our needs were well taken care of. Daddy and mummy worked, put us through school, fed and clothed us.  Now that we are grown up, we have to look after ourselves. We have to do the cooking. We got to make sure we are on time for work. And the responsibilities add up. As stated earlier, our parents took care of everything, including the money. [...]

Setting Up Your Financial Management System

Have you thought of setting up your financial management system? Not sure where to start? Well look no further, because we’ll tell you how you can accomplish this. First, let’s define the term system: A system is a set of processes working cohesively to achieve an objective. In this case, your objective would be manage your money well. Below are a couple components you could implement in your financial management system: A list of financial goals – Before you embark your journey to financial soundness [...]

Setting Up Your Financial Management System

Have you thought of setting up your financial management system? Not sure where to start? Well look no further, because we’ll tell you how you can accomplish this. First, let’s define the term system: A system is a set of processes working cohesively to achieve an objective. In this case, your objective would be manage your money well. Below are a couple components you could implement in your financial management system: A list of financial goals – Before you embark your journey to financial soundness [...]

Steps to Financial Soundness

According to dictionary.com, the word “financial” means anything pertaining or relating to money matters. Also, “soundness” means a state or condition free from damage or decay. Hence, financial soundness brings to mind the following: Peace of mind Stability Freedom Here’s a question we always like to ask – Would you like to become financially sound? Wait. Before you answer, read these following steps and see if you’ll be willing to get there: Step 1 Make A Plan –  Know your destination. Create a route to get there. Step 2  Be [...]

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