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

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  • Опубліковано 18 вер 2024

КОМЕНТАРІ • 83

  • @anitamnge4623
    @anitamnge4623 10 місяців тому +17

    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
      @JennNxumalo  10 місяців тому +1

      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
      @anitamnge4623 10 місяців тому

      @@JennNxumalo here always.

  • @veemafunda9528
    @veemafunda9528 9 місяців тому +5

    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
      @JennNxumalo  9 місяців тому +1

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

  • @dimakatsomachetele5729
    @dimakatsomachetele5729 10 місяців тому +4

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

  • @nompumelelonkosi6342
    @nompumelelonkosi6342 8 місяців тому +2

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

    • @JennNxumalo
      @JennNxumalo  8 місяців тому

      Wow, thank you so much 🤗💐

  • @babalwagunu2561
    @babalwagunu2561 10 місяців тому +6

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

  • @BongiCekuse
    @BongiCekuse 10 місяців тому +5

    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
      @JennNxumalo  10 місяців тому +3

      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
      @BongiCekuse 10 місяців тому

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

  • @jmadubedubemadubs6257
    @jmadubedubemadubs6257 10 місяців тому +3

    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
      @JennNxumalo  10 місяців тому

      🥹🥰thank you so much for that lovely response.

  • @siphiwekhumalo2307
    @siphiwekhumalo2307 10 місяців тому +4

    Hi Jen. Thank you dear. ❤❤

    • @JennNxumalo
      @JennNxumalo  10 місяців тому +1

      Thank you too for watching 💐🥰

  • @pogishisehata
    @pogishisehata 10 місяців тому +3

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

    • @JennNxumalo
      @JennNxumalo  10 місяців тому

      💐🤩❤️ 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 🙋🏾‍♀️😅

  • @Bathos78
    @Bathos78 10 місяців тому +3

    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
      @JennNxumalo  10 місяців тому

      You are so welcome and you will enjoy it 🥰

  • @allthingswholesome338
    @allthingswholesome338 10 місяців тому +3

    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
      @JennNxumalo  10 місяців тому +1

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

  • @Angel-td9qs
    @Angel-td9qs 10 місяців тому +11

    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
      @JennNxumalo  10 місяців тому +1

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

  • @msmgiba6407
    @msmgiba6407 10 місяців тому +2

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

    • @JennNxumalo
      @JennNxumalo  10 місяців тому

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

  • @kamoogelo
    @kamoogelo 10 місяців тому +2

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

    • @JennNxumalo
      @JennNxumalo  10 місяців тому +1

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

  • @boitumelomaboa4239
    @boitumelomaboa4239 10 місяців тому +2

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

    • @JennNxumalo
      @JennNxumalo  10 місяців тому

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

  • @khanyidlomo9903
    @khanyidlomo9903 10 місяців тому +3

    Notification gang 🎉

  • @cloriamerline9382
    @cloriamerline9382 10 місяців тому +3

    notification gang...❤😊

  • @mabauer1076
    @mabauer1076 10 місяців тому +3

    🎉🎉🎉Wena ungu Darly❤❤❤❤

  • @keneilwemolefe9425
    @keneilwemolefe9425 10 місяців тому +2

    Thank you so much for sharing we absolutely inspired ❤❤

    • @JennNxumalo
      @JennNxumalo  10 місяців тому

      Thanks for watching!🥰❤️

  • @sadimashiane7458
    @sadimashiane7458 3 місяці тому

    . 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 ❤ .

  • @lethabomokobake
    @lethabomokobake 7 місяців тому +1

    Learning so much from these videos, thanks Jen❤

    • @JennNxumalo
      @JennNxumalo  7 місяців тому

      Happy to hear that 😍💐

  • @seholematlhatsi3933
    @seholematlhatsi3933 10 місяців тому +1

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

  • @alvotiniatsepiso5994
    @alvotiniatsepiso5994 10 місяців тому +3

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

    • @JennNxumalo
      @JennNxumalo  10 місяців тому

      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.

  • @reneilwekgori6771
    @reneilwekgori6771 10 місяців тому +2

    Love it here

  • @kholo-g5n
    @kholo-g5n 10 місяців тому +3

    Beautiful 🤩 suprise

    • @JennNxumalo
      @JennNxumalo  10 місяців тому

      🤩😂Yes Wednesday has come

  • @radebecena5807
    @radebecena5807 9 місяців тому +1

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

    • @JennNxumalo
      @JennNxumalo  9 місяців тому

      Thank you so much 🤗🙌🏿

  • @katuakimwele5912
    @katuakimwele5912 9 місяців тому +1

    Salutes from kenya ;good job you are progressing

    • @JennNxumalo
      @JennNxumalo  9 місяців тому

      Ohh wowww I love that for us 🥰🙌🏿

    • @katuakimwele5912
      @katuakimwele5912 9 місяців тому

      @@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
    @envysenvelopes 9 місяців тому +1

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

    • @JennNxumalo
      @JennNxumalo  9 місяців тому +1

      Wowww 🤩Thanks for watching!

  • @ThabisoRatlou
    @ThabisoRatlou 10 місяців тому +3

    📍

  • @The-Master-piece-
    @The-Master-piece- 10 місяців тому +3

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

  • @kamoogelo
    @kamoogelo 10 місяців тому +2

    ❤❤❤

    • @JennNxumalo
      @JennNxumalo  10 місяців тому +1

      Ohhh babes 🤩🥹thank you so much ❤️🥰

  • @thandoradebe8525
    @thandoradebe8525 10 місяців тому +3

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

    • @JennNxumalo
      @JennNxumalo  10 місяців тому +1

      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
      @thandoradebe8525 10 місяців тому +1

      Will definitely try that, thank you.!

  • @thotyelwamangcala2655
    @thotyelwamangcala2655 10 місяців тому +2

    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
      @JennNxumalo  9 місяців тому

      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.

  • @NdyebokaziNongogo
    @NdyebokaziNongogo 10 місяців тому +3

    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
      @JennNxumalo  10 місяців тому +1

      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.

  • @lehumasalumocheko7106
    @lehumasalumocheko7106 9 місяців тому +1

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

    • @JennNxumalo
      @JennNxumalo  9 місяців тому

      It’s a great app and easy to use 🥰🙌🏿

  • @vusingema6172
    @vusingema6172 10 місяців тому +3

    I've got a question: Have you ever lost money on these apps? Can be franc or any other investmenting app.

    • @JennNxumalo
      @JennNxumalo  10 місяців тому +1

      I can confidently say I have never lost money on Franc app either through selling when my investments were taking a loss or money just disappearing.

  • @Angel-cq9if
    @Angel-cq9if 7 місяців тому +1

    @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
      @JennNxumalo  7 місяців тому

      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?

  • @naomi5940
    @naomi5940 7 місяців тому +1

    Can you invest in Franc group when you are in another country?

    • @JennNxumalo
      @JennNxumalo  7 місяців тому

      If you have an SA ID and bank account yes you can.

  • @sutushome748
    @sutushome748 10 місяців тому +1

    ❤❤❤❤❤❤