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!