Author Archives: hfmaku

i am a bundle of joy, i surround myself with laughter and peace and thats only because thats what you get being in my company. i'm passionate about the man who laid down his life for me so I can have this peace and joy. All I am and ever will be is in Christ alone. If you havent met him (Jesus Christ) I introduce Him to you. I write about moments, because I believe they count and you can't stage them once they gone so I choose to capture them to keep them alive. Treasure your moments they count..... Remain blessed😊

When it comes to finances, ignorance can’t be bliss

I once read … “When it comes to your finances, ignorance is not bliss. The less you know, the more you pay.” I believe it’s essential for one to understand financial well-being, just like all the others, i.e., mental, physical, emotional, etc. is necessary and, if not taken seriously, could cost you.


Recently, I’ve been more driven to help others understand how to invest cautiously and even more critical to align their objectives in selecting investment solutions.

Speaking on Woezor tv during their Financial Literacy Month, I shared thoughts on how one can asses the soundness of their finances and why it’s necessary to be literate. It was exciting to hear views from the general public and questions that kept us engaged.

Collective Investment Schmes

For beginner’s investing in CIS is a great place to start.

For these reasons I recommend them allow any time…

Flexibility: it allows you to invest at anytime and have access as often as your preferred fund allows

Better Returns: they say there’s strength in numbers. By joining other like minded investors you have more money to bargain for better returns

Start small: drop the myth of needing thousands of cedis to start investment, with 20ghs or more you can start making your money work for you

Managing your debt- Part 3

“Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.” Barack Obama

How I made the changes I wanted to see in my finances …..

  1. Recognize where you are – write down every cedi owed
  2. Set a goal – make it as SMART as possible
  3. Choose a debt management strategy- speak to an expert if you have to
  4. Realign your budget – cut spending and make room for debt servicing
  5. Find an accountability partner and remain consistent.

Don’t be in a hurry to pay off all debts, it’s important to know which ones must go quickly and which ones can be stalled or even kept for awhile longer.

The change you seek lies with you…
The power is yours (Captain Planet voice 😁)

#debtmanagement #strategy

Managing your debt- Part 2

“Investing is important but get debt-free first. That’s what frees up your income so you can win”. Dave Ramsey.

Times are quite tough and if you aren’t adding up to your debt stock you may likely be looking to reduce it.

If you are adding up make sure it’s meeting a need and the benefits would be evident for some years to come.

If you are looking to reduce your debt, go for the expensive ones first. With the policy rate increasing you are likely to pay more on a monthly basis making an already tight budget tighter….

Whatever option you’re going for be sure you are taking an informed decision.

Let’s talk debt …. Tragedy or Strategy

#strategy #debtmanagement#debt strategies

Managing your debt – Part 1

Your Loan Application is approved! 😃 The excitement that follows this notification isn’t quite the same for the notification that I will continue receiving monthly for the duration of the loan period/tenure!

The pain hits differently depending on what the money was used for 😁. Debt in itself isn’t bad, the use of the funds determines that….

Did you ever take a credit facility and wondering what it was used for?

What boxes should you tick before applying for a loan….
✍️ ability to repay
✍️rewards against cost
✍️ need vrs want

What would you consider before taking a loan?