AFSAFIN Budget Planning (Appointment)

Budgeting is the process of creating a plan on how to spend your money. Analysing your budget plan gives us insight into where your income is coming from and how you are spending it. If you are spending your money on bad debt items like credit cards, overdrafts, and personal loans you will be forever prevented from creating your own wealth.

Whilst spending your money on good debt for example bonds etc., or carefully structured and strategic investments you can be on your way to create your own wealth.

Before you can enter into a plan of debt elimination you need to ensure you actively provide for an emergency fund which should have between 3-6 months of salary in it. There are a number of ways on how to plan for the loss of a job, depleted hospital funds etc.​