COMMENT | CLEVER NICHOLAS | In the pursuit of financial freedom, debt repayment can be a significant hurdle for individuals and families. However, by adopting effective budgeting techniques, one can take control of their finances and expedite the journey towards debt freedom. In this article, we explore some of the best …
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COMMENT | CLEVER NICHOLAS | In today’s fast-paced world, striking a balance between debt repayment and saving for the future is crucial for achieving financial stability and long-term success. Managing debt effectively while simultaneously building a savings cushion can provide individuals with a solid foundation for their financial well-being. This article …
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COMMENT | CLEVER NICHOLAS | Debt is not merely a financial burden; it can also take a toll on our emotional well-being. The psychology of debt delves into the complex interplay between money and our emotions, highlighting the emotional challenges that often accompany financial obligations. However, understanding these challenges …
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mn COMMENT | CLEVER NICHOLAS | In the world of business, the flow of money is the lifeblood that keeps operations running smoothly. However, there is a growing menace that silently cripples countless businesses: late payments. This insidious practice wreaks havoc on companies, particularly small and medium-sized enterprises (SMEs), impeding growth, …
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COMMENT | CLEVER NICHOLAS | While debt collection intends to ensure that individuals and businesses fulfill their financial obligations, it is increasingly becoming evident that the debt collection industry in Uganda has been hijacked by court bailiffs who engage in debt collection without court order, which is illegal and improper. Court …
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COMMENT | CLEVER NICHOLAS | Debt has become an unavoidable part of modern life for many individuals, enterprises and households. Whether it’s student loans, credit card debt, or mortgages, managing debt has become a pressing concern. When managed well, it is a source of success, when mismanaged, the repercussions are …
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