Quick question – do you remember how your schoolteacher would regain control of a manic classroom?
The strategy was simple but highly effective – make sure everyone was sitting at their own desks and demand complete silence. In less than 15-minutes, total anarchy could be replaced by a sense of real calm that you might only find in a zen Buddhist temple. Ok, that is a stretch, but everyone remembers how quickly you toed the line when the mood turned serious, and the consequences of non-compliance were clearly outlined 🙂
In the last couple of months, we have been living with strict stay at home orders.
We have all been asked to go back to our “desks” and sit still for a little while. Extra mural activities are on hold for the foreseeable future, and nobody is lining up at the tuckshop for a hotdog, Simba chips and a Coke.
Now, some of us vehemently disagree with the lockdown orders imposed by our national headmaster and his COVID-19 advisory team, and others feel less aggrieved, but the one thing we can all agree on is that we’ve got some time on our hands 🙂
What have we been doing with all this extra time?
Most of us took a well-deserved breather for the first couple of weeks, but now everybody has action items they are looking to tick off their to-do list:
- Clean out the garage
- Start walking in the morning and aim to be able to do a 5km run by the end of winter
- Get back in the kitchen and feel inspired to whip up some great meals
- Dust off that old business plan
- Pick up the guitar again
- Say howzit to the neighbour
- Tile the spare bathroom
But here is something we figure you still haven’t ticked off your to-do list.
Are you saving for another rainy day?
If there is one life lesson to take out of all of this, it’s that one day everything can be going swimmingly, and the next day it can be ‘coming down in buckets’, with no end in sight.
Now that you don’t have time as an excuse, what else is holding you back from actually investing some of your hard-earned money?
Out of excuses? Listen up for a second.
We’d like to introduce you to the Franc App where smart investing is made simple!
Franc is SA’s first independent, pure Robo-advisor (FSP 49998) where you can invest in leading cash and equity funds. Investing with Franc is super-easy, flexible and isn’t going to cost you an arm and a leg.
- There’s no paperwork
- No fine print
- You’ll only pay R1 per year for every R100 you invest
- There are no charges when you withdraw your money
The cool thing about Franc is that they let you invest any amount you like. So, if you can afford R50 this month and R500 next month, they are Ok with that. The important thing is that you start and build on your investment over time.
With the Franc App you’ll be able to see where your money is invested, what transactions have taken place and you’ll be able to communicate with Franc via the App or their social media platforms.
Reasons why investing with Franc is something you need to look into today:
- Manage your investments on your phone
- Invest what you can afford
- Do it at your own pace while paying really low fees
If you are just starting on your investing journey, they can help you find out what type of investor you are and what mix of cash and equity is best for you!
Franc is giving Wise About Life readers R25 in their Money Market account if they invest R250 or more. All you have to do is use the referral code: WISE25 and make your first investment within 7 days of registering. This offer is available to you until 31 May 2020.
Download the Franc App by clicking on the Google Play or Apple App Store icon below.
Until next time.
The Wise About Life Team