Where I keep my emergency fund | Update on my Investment with Franc Group

Рет қаралды 4,722

Күн бұрын

Hi! Fam
Please don’t forget to Like, Subscribe, and Comment below.
[Services I Offer]
1. 3 Month Financial mentorship.
2. CV editing and review.
3. Digital products
Email or book my services on my website:
jen@jennifernxumalo.com
www.jennifernxmalo.com
[Social]
Instagram account: @jennnxumalo
Tiktok: @jenn.nxumalo

Пікірлер: 83

@anitamnge4623 8 ай бұрын

Oh Jenn. You add so much value to my life you don’t understand. With every video you post I learn so much. Thank you for being such a big source of inspiration. I had goosebumps watching video because of how meticulously it has been done. You left no stone unturned. Thank you so much for sharing 🌸🌸

@JennNxumalo 8 ай бұрын

One thing about you Anita you will watch every video and comment even if it means it a flower, I have realised that if the video moved you I will get such a lovely comment like this 💐🤗❤️ I see you hun and I am happy that this video was inspiring .

@anitamnge4623 8 ай бұрын

@@JennNxumalo here always.

@dimakatsomachetele5729 8 ай бұрын

We are within💃🏽💃🏽💃🏽💃🏽. Hey hey Jenny❤❤❤.

@JennNxumalo 8 ай бұрын

Hi! Dimakatso 🥰

@nompumelelonkosi6342 6 ай бұрын

If there is anyone who has positively influenced me is you, you are definitely God sent Thank you for sharing with us

@JennNxumalo 6 ай бұрын

Wow, thank you so much 🤗💐

@veemafunda9528 8 ай бұрын

I am so proud to say I have saved R5500 , started in Jan this year with R500 each month. This is my emergency funds apart grom 24hrs and 7days notice. Next year I am increasing my stop order to R 1000. @Jen you definitely adding value to my financial wellbeing ❤

@JennNxumalo 8 ай бұрын

I am so happy for you Vee🤩🥰❤️ I love your commitment.

@babalwagunu2561 8 ай бұрын

Mina I just press like before I even watch😅 I love it here❤

@mohlatlhegomphasha5983 8 ай бұрын

Me and you sham..always worth it 😊

@JennNxumalo 8 ай бұрын

You guys are the best 🤩🥰

@sadimashiane7458 Ай бұрын

. N I’m so excited 🎉 coz I reached my target for the first half of the year, I know where to put my funds Thankyou ❤ .

@jmadubedubemadubs6257 8 ай бұрын

Hey beatiful Jenn, you have no idea of how much you have impacted my financial life. I love you and thank you so much ❤❤❤

@JennNxumalo 8 ай бұрын

🥹🥰thank you so much for that lovely response.

@BongiCekuse 8 ай бұрын

I joined franc because of you and I’m glad I did. I started 6 September and already gained R90 interest 💃🏿. The growth is small but I’m just happy that my emergency fund is no longer in my account. I have my emergency fund in 3 places and for now it’s working fine. Also I didn’t want to keep my eggs all in one basket 😅. I also view franc like I view EasyEquities and use it for long term investmenting. My TFSA is also on EasyEquities and I currently make monthly contributions to it. It’s a lot as you said, but it’s how I started and will continue doing it like that until it becomes too much. Thank you Jenn for these videos. Do you think Franc is for long term, like +15 years?

@JennNxumalo 8 ай бұрын

Seeing the interest coming in is so motivating 🤌🏽, the power of compound interest is key. I used to love easy equities before Franc Group came up, now I dread using it because I am already doing a lot with my finances. It became worse bow that they are not linked to Capitec. Yes, Franc is a long term platform, but I do think when your money get to a certain amount you can take some of it and put it in other investments vehicles so to diversify but also some investments you see the gains when you have a lump sum. Franc is a great place to build up your funds to large sums them take and invest in other places knowing your starting investment is high.

@BongiCekuse 8 ай бұрын

⁠@@JennNxumalothanks for this suggestion, I will consider doing that and moving it when it gets to a certain. Thanks again for these videos

@keneilwemolefe9425 8 ай бұрын

Thank you so much for sharing we absolutely inspired ❤❤

@JennNxumalo 8 ай бұрын

Thanks for watching!🥰❤️

@Bathos78 8 ай бұрын

Well-done Dear ❤I am forever inspired in 2024 I will be starting saving with franc for sure. Thank you for sharing important information like this.❤

@JennNxumalo 8 ай бұрын

You are so welcome and you will enjoy it 🥰

@pogishisehata 8 ай бұрын

Praying for them to collaborate with you we are learning alot thank you for sharing the information with us

@JennNxumalo 8 ай бұрын

💐🤩❤️ thank you Pogishi, they have a nice brand cs they engage with their users. I have worked with them this year but definitely would love another collaboration with them, I am here 🙋🏾‍♀️😅

@siphiwekhumalo2307 8 ай бұрын

Hi Jen. Thank you dear. ❤❤

@JennNxumalo 8 ай бұрын

Thank you too for watching 💐🥰

@lethabomokobake7378 5 ай бұрын

Learning so much from these videos, thanks Jen❤

@JennNxumalo 5 ай бұрын

Happy to hear that 😍💐

@khanyidlomo9903 8 ай бұрын

Notification gang 🎉

@JennNxumalo 8 ай бұрын

Love it 🥰

@cloriamerline9382 8 ай бұрын

notification gang...❤😊

@JennNxumalo 8 ай бұрын

Love it 🥰

@Angel-td9qs 8 ай бұрын

I started 11 September I wish I can show you my portfolio I'm proud of my self though I'm still hiding it😂😂😂😂😂😂

@JennNxumalo 8 ай бұрын

💃🏾🥰 I am so excited for you Angel ❤️❤️ seeing your money grow feels nice.

@allthingswholesome338 8 ай бұрын

Congratulations sis, I've also saved up my emergency funds and now I can breath nyana 😂 because I was so determined to have it saved up and now that it's there yooo I'm relieved...on to my next financial goal kodwa ngisazo Zi spoila kancane I've been disciplined I deserve...thank you for sharing ❤

@JennNxumalo 8 ай бұрын

You deserve spoiling on yourself, then you can start working on your new goals.

@kamoogelo 8 ай бұрын

Love seeing these numbers. Mine went down a lot over the last few months 😅 but I’m committed to getting it back up ❤

@JennNxumalo 8 ай бұрын

It happens cs there are things that always come up. Better to be using your money that banks money.

@msmgiba6407 8 ай бұрын

Thank you Jenn mina nje I didn't know about franc until I started following your channel ❤❤

@JennNxumalo 8 ай бұрын

Yeyyyy, some people still do not know about it.💐🥰

@mabauer1076 8 ай бұрын

🎉🎉🎉Wena ungu Darly❤❤❤❤

@JennNxumalo 8 ай бұрын

Ngyabonga ❤️

@boitumelomaboa4239 8 ай бұрын

I have downloaded the Franc app and I haven't used it. But I am so excited to start using

@JennNxumalo 8 ай бұрын

I did the same, it took a while for me to start using it 🥰🤗

@seholematlhatsi3933 8 ай бұрын

I'm so motivated to start investing on this platform. Thank you so much...❤

@JennNxumalo 8 ай бұрын

Love it 🥰

@radebecena5807 8 ай бұрын

When they speak about wisdom, finance and ambitions please invite me too . -I'm learning alot from this channel 🔥🔥🔥

@JennNxumalo 8 ай бұрын

Thank you so much 🤗🙌🏿

@reneilwekgori6771 8 ай бұрын

Love it here

@JennNxumalo 8 ай бұрын

Thank you sana 🥰

@alvotiniatsepiso5994 8 ай бұрын

Hi Jen, can you please make a video for debt free people🎉🎉🎉….’Now that you are debt free, then what’ type of thing.

@JennNxumalo 8 ай бұрын

I wish I was debt free, I still have debt my bond, NSFAS, cellphone contract. Its just that I am in no hurry to pay these off.

@kholofetsomahlangu5841 8 ай бұрын

Beautiful 🤩 suprise

@JennNxumalo 8 ай бұрын

🤩😂Yes Wednesday has come

@katuakimwele5912 8 ай бұрын

Salutes from kenya ;good job you are progressing

@JennNxumalo 8 ай бұрын

Ohh wowww I love that for us 🥰🙌🏿

@katuakimwele5912 8 ай бұрын

@@JennNxumalo i had no plan on my funds but have learn more from you thus changing money habits hope with time i will catch up thanks alot for enlightening people on financial crisis

@envysenvelopes 8 ай бұрын

Great video. on investing. Greetings from New Jersey, NJ USA ✉️ ✉️ 💜 💜

@JennNxumalo 7 ай бұрын

Wowww 🤩Thanks for watching!

@kamoogelo 8 ай бұрын

❤❤❤

@JennNxumalo 8 ай бұрын

Ohhh babes 🤩🥹thank you so much ❤️🥰

@user-mt1fb9wh3r 8 ай бұрын

Jen emergency fund is for emergencies how do you get to 10months of saving for emergency fund without disturbing it because emergencies do come up

@JennNxumalo 8 ай бұрын

Its because of the way I break down my savings, I think I have shared this on one of my savings videos. I have easy access savings (tyme bank) I use this for majority of my emergencies, this one is non-easily accessible savings. I don’t touch this money unless I do not have a choice.

@thotyelwamangcala2655 8 ай бұрын

Thank you for the infor. Question: emergency fund is it not money you keep aside should you have an emergency? How do deal with emergency if you still want to invest on long term? I want to start my emergency fund but i dont know where to keep it so that i dont access it for silly things since im not a discipline person

@JennNxumalo 8 ай бұрын

Yes that true, its money you need for emergencies and investing it long term is not advisable. With me either way I hardly touched this money, I have other savings I go to for majority of my emergencies. I also won’t be taking all of it out but just the sum I need to invest long term and I will continue saving per month towards my emergency fund.

@ThabisoRatlou 8 ай бұрын

📍

@JennNxumalo 8 ай бұрын

Within 🥰

@sutushome748 8 ай бұрын

❤❤❤❤❤❤

@JennNxumalo 8 ай бұрын

❤️🥰

@The-Master-piece- 8 ай бұрын

I love the thumbnail.. what app do you to mark your thumbnails..

@JennNxumalo 8 ай бұрын

Thank you, I use Canva.

@The-Master-piece- 8 ай бұрын

@@JennNxumalo thank you

@thandoradebe8525 8 ай бұрын

Hi Jen, thank you for the very informative video, can I use franc to invest for my kids education plan?

@JennNxumalo 8 ай бұрын

Most definitely, it is a normal investment not a policy. You need to have your main account then open a child account from your profile it’s super easy.

@thandoradebe8525 8 ай бұрын

Will definitely try that, thank you.!

@lehumasalumocheko7106 7 ай бұрын

Need to sign up for this app ..need few classes 😢

@JennNxumalo 7 ай бұрын

It’s a great app and easy to use 🥰🙌🏿

@Angel-cq9if 5 ай бұрын

@Jennifer Hi❤ Please advise I want to take out my investment from Frank I've been investinv monthly for 2 years now but its always red I'm being demotivated hence I want to move it to another platform

@JennNxumalo 5 ай бұрын

The red is not dependent on the app but the JSE market. It’s not a good idea to withdraw any investment when it’s on the Red rather wait till its on the Green. Were you investing for short term or long term?