Till Debt Do Us Part

A number of days ago, I had lunch with a person who’s contemplating hiring me to provide a multi-hour seminar to a business convention on personal finance. This particular person knows me from the local people and is a reader of The Simple Dollar and he felt that I is likely to be the precise person to offer such a presentation.

I’ll in all probability revisit these at some point – for one factor, my job situation may or won’t change over the summer. I am either going to be on the identical job, with the same revenue, for an additional academic year, or be altering jobs with all the ensuing unknowns from that. But for the purposes of this publish I’m assuming that I’ll be at my present job by means of all of 2015.

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I have to stress that the Thrift or Mutual Contributory Financing shouldn’t be new to our system and it’s found in all tribes in Nigeria, it is referred to as Adashe in the North, Ajo by the Yoruba’s and Esusu within the East. The historical past of this methodology of financing dates back to the 16th Century (Seibel 2003a) I had to do some research on it myself and its quite interesting to know that it’s can be based in the Caribbean Island and other African nations. It is called ‘Susu’ in the Caribbean, this suggest to me that it was even earlier than we thought.

The Big Three are the stanchions of a private finance course we launched three years ago on the George Washington University College of Enterprise. While I cannot say whether or not this course will lead to smarter monetary choices, college students’ eagerness to enroll, performance on the assessments, and feedback after they complete it give me a lot hope.