WHITE COLLAR ISSUE 004
How to achieve
PERSONAL FINANCIAL FREEDOM E arning a living in Africa has been described online as an ‘extreme sport’. Most markets are very competitive meaning that companies are becoming more and more frugal in an attempt to not only survive but also demonstrate growth. Where does this situation leave you as an entrepreneur or employee? In most cases companies aren’t able to compensate their employees above the industry standard, so for the average employee every cent counts.
The cost of living is steadily increasing but very few employers are adjusting their compensation to match the rate of inflation, which means, that same cent you’re spending loses is losing a bit more of its purchasing power while having to do a lot more. In a situation like this financial freedom seems like myth. Financial freedom is a goal that everyone wants to achieve but instead of looking at financial freedom as a destination think of it as process.
A MAGAZINE FOR THE CAREER-PERSON AND ENTREPRENEUR