Talking about money, especially borrowing it, can be tricky. Words like Annual percentage rate (APR which is the cost you pay each year to borrow money) and collateral (something valuable you promise to give if you can’t pay back a loan) can make it seem complicated. Then there’s your credit score, which is like a […]
A Practical Approach for Young Adults Let’s be real – money can be stressful. Between rent, loans, bills, and the occasional splurge, it can feel like financial stability is a distant dream for most people. But here’s the good news: taking control of your finances is possible, no matter where you live or what you
On December 16, 2024, we hosted an inspiring and impactful online workshop titled “Profitable Business Secrets for Emerging Economies.”led by AmickyCarol Akiwumi MBE. This workshop was meticulously designed to equip entrepreneurs in developing economies with practical, actionable business strategies tailored to their unique local contexts. Participants were encouraged to identify untapped opportunities where local
Highlights of Our #WorldChangers Entrepreneurship Online Workshop from December Read More »
Hey money warriors! Life throws curveballs, and we all need a financial shield to protect ourselves. That’s where your emergency fund comes in – your personal central bank to battle unexpected bills and keep your budget afloat. Why an Emergency Fund? It’s Your Financial Bodyguard! Imagine your car breaks down, or your phone takes a
Fortress Finances: Building Your Emergency Fund Vault Read More »
Hey there, young dreamers and future moguls! This guide is your cheat sheet to start investing and turn your cash into a money-making machine. Investing might seem like a grown-up thing, but trust me, anyone can do it. Let’s dive in and learn how to make your money work for you! Why Invest? Because Money
Level Up Your Money Game: An Investing Guide for Young Bosses Read More »
Budgeting is an essential skill that everyone should learn. It helps you manage your finances, save money, and achieve your financial goals. However, many people find budgeting overwhelming and challenging. In this blog post, we will discuss how to budget like a pro and provide tips to help you get started. Getting Started Before you
As we start a new year, the prospect of setting financial goals can be both exciting and overwhelming, especially for those navigating the dynamic landscape of their late teens and early twenties. Setting money goals is a crucial part of handling your finances, but let’s be real—it can be a bit tricky, especially for young
How to Set SMART Financial Goals for a New Year: A Guide for Young People Read More »
BonsaïMoney podcast We’re happy to announce a significant increase in podcast plays: we broke the 1,000 mark within the first half of this year! Our growing library of accessible, engaging financial literacy content for young people has clearly delivered on its aims, with the majority of podcast plays on any given day coming from previous episodes,
Our Youth programme impact in the first half of 2023 Read More »
Students and young people are typically thought of as being in a more secure position during a recession, with not as many overheads as older adults with mortgages or children, for example. A recession means the Bank of England has had negative growth for two quarters of the financial year. Recently, however, there has been
Finance Finesse: Avoiding the Crunch in a Cost-of-Living Crisis. Read More »
Buy Now Pay Later (BNPL) providers skyrocketed in popularity during the pandemic. Makes sense, right? Out of necessity, a lot of shopping moved online and retailers became more adventurous with their customer experiences. In 2019 one of the industry’s biggest disruptors, Klarna, was valued at $5.5 bn; by 2021 it had reached $46 bn. PayPal, Afterpay, Affirm, Sezzle, and dozens of