All in Eliminate Debt
A recent study looked at the way that judges grant parole to prisoners and the factors impacting these decisions.
What the study found was that when faced with prisoners doing time for the same crime judges were more likely to rule in favour of parole in the morning.
In the morning judges ruled in favor of parole 70% of the time, but as the day wore on, the favourable ruling dropped to zero.
I’ll be making my last ever student loan payment in a few hours.
It’s been one of the hardest decisions I’ve had to make – focus on saving or paying off debt? I started off doing a bit of both but in the last few months, I changed my strategy and focused on paying off all debts and have used almost all my savings to do this.
Why?
Because my student loans are in US Dollars and I earn in South African Rands and in the last 9 months, the rand has depreciated significantly against the Dollar, making my debts even more expensive.
I was recently asked by a journalist if there was such as a thing as good debt?
I asked my financial advisor, Chenine Gouws, what she thought below is the response she sent to me by email (Or just scroll down to watch my video response):
