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Another Interest Rate Hike! « Free Tips DOT COZA

Another Interest Rate Hike!

3 comments

Posted on 13th June 2008 by Tony in Thoughts

So Governor Tito decided to ruin Thursday for us all. Another 50 basis points up. Now, for some people it’s only a few hundred rands. But, that’s 5% up since June 2006. For one particular fellow I know that’s an extra R35000 per month. Ouch!

The thing is, we can’t really mope about it. I don’t exactly agree with the government’s strategy on inflation targeting, but I have zero control over the interest rate hike. So what’s the use complaining about it?

Now before the banks take your house, car, furniture and pet Iguana … do you have a plan? Because if you don’t you better start thinking about one!

For me, I’d like to raise my income by an extra R5000.00 per month. This will allow me to service the extra repayments and start bringing things down faster. How am I going to do this? My money-making-machine of course!

People missed out on my seminars in May are nagging for me to do them again, so Greer and I are planning seminars in Cape Town and Johannesburg.

If you’d like to join the 100 millionaires challenge, visit www.marketingworkshop.co.za!

And don’t let Tito get you down! Let’s rather make more money – and show him! HA!


3 Comments
  1. Chris M says:

    It’s just getting a little crazy at the moment, the constant increase is prices is going to damage the economy is such a drastic way. At first it targeted lower income bracket people and now it’s moved up into middle class people and soon I foresee it affecting absolutely everyone which is going to cause a huge problem. :/

    13th June 2008 at 2:49 pm

  2. seoer says:

    lucky for you, raising your income by R5k pm should be a doddle, shouldn’t it, seeing that you managed to make R250k in a month applying your own system

    13th June 2008 at 9:01 pm

  3. Tony says:

    Absolutely SEOer … I think that’s the coolest part about running Internet Business. My new idea has already generated an extra R6000.00 this month and it’s the 20th.

    13th June 2008 at 10:24 am

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