Spelo sinekelo was born in April 3rd, 1998 at  North West, Klerksdorp in Tshepong hospital. At the age of 11 years old his mother died due to natural cause. Him and his sister were forced to move to eastern cape they had no one to take care of them, they were taken care of by the family called Mcinga at Eastern Cape, butterworth.

He studied at khulile junior secretary school  and passed to pakamani senior secondary school where he passed with bachelor pass symbol. Today he’s doing his third year at University of fort hare in education as a foundation phase teacher.

During his first year Spelo had a difficulties financially, he wanted ways to earn money while he was studying for his degree. He learned on how to trade foreign exchange market also known as (forex), he was earning money on forex but it was disturbing his studies, he was focused on charts analysis than studying.

One day he received a call from sivilenathi dwangu from port Elizabeth, sivilenathi introduced Spelo to cryptocurrency, how it works and how you can earn passive income from it. He introduced Spelo to a mining company called Mining city that mines bitcoin,bitcoin vault and electric cash. since that day Spelo had a financial freedom he made passive income on cryptocurrency mining and network marketing.

Spelo Sinekelo is about to publish his first book Titled “Do Yourself A Favour” where he talks about financial freedom

Johannesburg, 22 June 2021: The principle of owning real estate to become wealthy has never been more true today than it was back then. Simply think of the many investors who have built enormous wealth and rose up to create their own legacy from it.

The principle of owning real estate to become wealthy still holds true now. In fact, we can make a strong case that it is far truer now than it was back then. When you ask people, who are twenty or thirty years older than you if they would buy real estate at a young age, they're more than likely to say yes. It will help lead you to financial freedom in your future.

Benefits of buying a home in your 20's

The benefits of homeownership are huge—especially when you’re younger. In your 20s, a home is a long-term investment, and if you stay long enough, it can mean building serious wealth over time. Sell the home at a profit later on, turn it into an income-earning rental property when you’re ready to move up, or enjoy fully paid-off housing during your retirement years (though those may be far down the line!)

Homeownership also means:

Consistent, reliable payments – No more annual rent hikes from your shady landlord.

More control to customise the property – Forget “accent” walls. Paint, upgrade, renovate and do whatever you want to your home once you own it.

Great credit – Getting a mortgage loan at a young age can help you establish a solid credit history, which means a good credit score and ample financial opportunities later on.

Tax benefits – Homeownership comes with several tax benefits that can lower your tax burden and increase your annual refund.

You’ll also likely save on monthly costs. Rents have been skyrocketing in most major cities in recent years, with the average mortgage payment coming in well under the average rent. You also have the option of renting your property on Airbnb or other similar sites to make extra cash as needed.

How young is too young to buy a house?

There’s no wrong or right time to purchase a house. Legally, you can buy and own real estate at the age of 18, but that doesn’t necessarily mean it’s the right move for every 18-year-old.A home is a huge and expensive purchase, and it’s one you’ll need to live with for years or even decades of your life. At a bare minimum, you will want to wait until you have consistent income, a stable job and a decent credit score, as this will allow you to both get an affordable mortgage loan, as well as cover that mortgage payment month after month while you’re in the home.

What to consider before buying a house in your 20's

Before seriously considering a home purchase, make sure to take into account the full scope of financial factors and other lifestyle considerations.   You should think about:

Your career

How established are you in your job? Do you expect to be there long? Could your career take you out of the area, therefore requiring a move? You want to stay in the home at least long enough to recoup your transaction costs and break even on the property.

Your income

How much do you make? How much of that after-tax income could you afford to put toward housing? Use a mortgage calculator to see how much your mortgage will likely cost, and make sure you’ll have the income to cover that, plus the costs of maintenance/repairs and your regular monthly expenses like utilities, food, phone, car payment and more

.http://www.multinet.co.za/pre-qualify/

http://www.multinet.co.za/calculators/monthly-repayment/

Your future

Is marriage in your future? Kids or pets? Can you afford a home that will accommodate those changes? You’ll want to make sure a home purchase fits with your future life plans and goals.

Interest rates

What are mortgage interest rates at right now? Talk to MultINET Home Loans if you’re not sure on this one and be sure to shop around and compare rates. They can vary greatly from lender to lender.

Before you can close on your dream home, you must understand the steps to buying a house. Navigating the home-buying process can be challenging, but it becomes much easier if you have a plan and a clear path forward.

There is no time like the present to start working on your goals and dreams. When it comes to buying property, the rule is exactly the same: it is extremely important that you prepare for your home buying journey as soon as possible.

You wouldn’t want to find the perfect house only to realise that you forgot major things during your planning stages.

Here are some easy steps to follow on your home buying journey:

Start Your Research Early

As soon as you can, start reading Web sites, newspapers, and magazines that have real estate listings. Make a note of particular homes you are interested in and see how long they stay on the market. Also, note any changes in asking prices. This will give you a sense of the housing trends in specific areas.

Got credit?

The first step is to verify your credit score. It is highly unlikely that you will be able to buy a house cash and you will probably need to get a loan.

Hopefully this isn’t a surprise, but getting a home loan requires a good credit score. It’s a good time to check your credit reports for errors. Remember that improving your credit score significantly can take at least six months to a year, so get started if you need to! By verifying your credit score you make sure that you are clean as a whistle before approaching any institution.

As a South African, you have the right to review your credit score on an annual basis and it won’t cost you a cent!

Start saving

You will need cash reserves to buy a home, and you will need to prove to a lender that you can afford home loan repayments that may be higher than what you currently pay in rent. In other words, start saving now!

Remember that deposit!

For many people, a deposit is regarded as a curse word and often seems like a form of punishment. However, when it comes to buying a house, the deposit can become your best friend. So, take the time to save as much as you possibly can. After all, the bigger your deposit is when buying, the less your instalments will be over the course of time!

Get your documentation in order

Begin to collect documents that you’ll need to verify your finances on the home loan application: payslips, bank statements and, if you have freelance or self-employment income, copies of your last two tax returns.

Go shopping…for a Home Loan

Gone are the days where we have to travel from one bank to another to apply for a home loan only to get shot down and start all over again! There is a wonderful solution that will help you on your home buying journey: a home loan originator such as MultiNet Home Loans.

MultiNet will assist you by applying to several major banks on your behalf, but without the headaches and the fuss. What’s better is that they will automatically find you the bank that offers the best rates and interest on your home loan.

Just imagine all the free time you’ll have to think about decorating that new dream home of yours.

Close the Sale

At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. It typically takes a couple of days for your loan to be funded after the paperwork is returned to the lender.

Property ownership is more accessible to aspirant first-time buyers who previously could only afford to rent than ever before.  Renters currently could be in a position to buy a home at a lower monthly cost than what they are currently paying in rent.

Now is the ideal time to step up and make your property dreams come true.  The MultiNET Home Loan team is making it even easier for young first-time buyers around SA to step into this new dawn of home ownership. Our technology, expert team and dedication to what our clients need is what gets them a home loan deal that suits their pocket. 

Craig Featherby, Group CEO of Carrick, is pleased to announce the promotion of Samantha Taylor-Bowen to Group Director of Training and Development for the Carrick Group of companies, where she will sit on the Board of both the South African and International divisions.

[PHOTO] Sam is the first woman to be appointed to the Board, in an industry that is largely dominated by men.

Her role as Group Director of Training & Development will largely be focused on developing, implementing and monitoring training programmes within the organisation; mentoring new and existing Associates in skills development so that they can continue to excel in the industry, and assisting with development of strategic training for the Group. Her leadership in this area is viewed as being vital to the growth of the business and the professional development of the various teams.

Samantha joined Carrick at inception (8th October 2014), and assumed a management role in Cape Town, having spent seven successful years as a senior Financial Adviser and manager for a large international brokerage. In the two years that she has been with Carrick, her track record as a Senior Adviser has been without par, with the highest income production level in the company. While the Sales division will be minus their most lucrative team member as a result of this promotion, the Group will profit from her leadership and direction in the continued maturation of the various business units, and in the organisation’s expansion plans.

She sees her role on the board as an exemplar to others within the company: that it is possible to work your way to the most senior levels through tenacity, skill, knowledge, experience and self-development. Her promotion is evidence of Craig Featherby’s belief that hard work and personal accomplishment should be rewarded with promotion where deserved, and her appointment to the Board of Directors is the first from within the ranks at company level. Taylor-Bowen will report directly to the Group CEO from 1 January 2017.

Cape Town, South Africa – 6 October 2016  

Carrick Wealth, the leading offshore investment advisory in Africa, is celebrating its second anniversary, and, in the same week, has opened an office in Gaborone that is fully compliant and regulated with the relevant authorities in Botswana.

The new Gaborone office in the Masa Centre is headed by Andrew Mhere, who is both the Managing Director of Carrick Wealth Botswana and Carrick Wealth Zimbabwe. He is supported by a team of diverse, highly qualified advisers.

With its headquarters in Cape Town and fully functioning offices in Johannesburg, Durban, Mauritius, Zimbabwe and now in Gaborone, Carrick Wealth is changing the face of the offshore financial services industry for high-net-worth clients and those starting out on their wealth journey.

[photo] Craig Featherby, Group Chief Executive Officer, says: “We’ve experienced extraordinary growth in such a short period of time and we are geared to extend the Carrick formula further into new markets in Africa.” 

In the 24 months that the Carrick Group of Companies has been in business, its growing team of specialist financial advisers is constantly kept abreast of all the changes regarding regulatory matters in the areas in which the Group operates.

A sophisticated technological platform is in place that keeps live-tracking of all activities connected with the industry, and with the business in particular, giving clients the surety that their investments are completely secure and monitored.  

As Carrick Wealth expands its footprint into Africa, it will be offering clients and advisers in each country the opportunity to experience professional, disciplined, innovative solutions and service. The Carrick team is growing, and now has 152 people working for the company – as against seven when Carrick first opened its doors exactly two years ago.

As the company celebrates its second anniversary, it can report that it has an advisory relationship with 787 clients, has over R2,2 million under management and has assisted in 443 QROPS pension transfers out of the United Kingdom into offshore structures.

Carrick Wealth offers clients in South Africa and elsewhere in Africa various financial and estate planning solutions, including the formation of offshore investment structures, portfolio management, private equity and venture capital asset allocations.        

MEDIA CONTACT:

Lynn Halliday (Group Marketing Manager)

CARRICK WEALTH
T: +27 (0)21 201 1000
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www.carrick-wealth.com