Stokvel Academy, delivering holistic development programs to help stokvel members with financial knowledge and wealth creation wisdom for all stokvels across the African continent If you are a part of a stokvel or looking to start one then you have come to the right place. Where you will learn tools on how to effectively run …
Welcome to The stokvel academy learning platform Read More »
In our professional lives, we develop transferable skills—communication, planning, initiative, teamwork, and problem-solving—that form the bedrock of our success. Yet, it’s puzzling that when it comes to building our stokvels, clubs, or societies, we often leave these vital skills behind. Communication is fundamental in the workplace, where we articulate thoughts clearly and listen actively. However, …
Unleashing the Power of Transferable Skills in Stokvels Read More »
As we reflect on Women’s Month this August, it’s essential to recognize the pivotal role women have played in shaping stokvels. These collective savings groups have long been a cornerstone of financial empowerment, showcasing the strength, resilience, and solidarity of women across generations. Stokvels have provided women with a platform to pool resources, support each …
Stokvels Empowering Women: Celebrating Women’s Month Read More »
Stokvels (Savings and Investment Clubs) have stood the test of time as instruments of financial empowerment and community solidarity. However, to truly maximize their potential, it’s crucial to build upon the seven pillars of highly effective stokvels: 1. Smart Goals: Every successful stokvel begins with a clear set of objectives. By setting SMART goals (Specific, …
Elevating Stokvel Success: Embracing the 7 Pillars of Excellence Read More »
Discover the Significance of Safeguarding Your Wealth with Sinah Mabeba. KEY TAKE-AWAYS: We can’t all live a debt free life but where possible, avoid using debt to solve day to day problems. Budgeting is important and the process doesn’t have to be sophisticated Like happiness, the meaning of wealth is personal. There are multiple sources …
Stokvel-related robberies and thefts are most prevalent during the festive season, and members are urged by police to adopt reasonable measures to safe- guard their money. Unfortunately, a number of stokvels still believe in the old tradition of sharing hard cash, and criminals know that some stokvels still do bulk withdrawals. We’ve all heard of …
Nothing about money is cast in stone. Whether your finances include budgets, savings, loans, or insurance; your financial status constantly requires to be revisited and reassessed in order to check if any changes need to be made to your finances or assets. Steps to consider when “Spring Clean” your finances include: 1. Make a list …
South African’s are really feeling the pinch of rising interest rates and rising costs of goods and services in general. Added to this, there are far too many South Africans who are unemployed, meaning that those who are fortunate enough to still have work must stretch the Rand even further by looking after unemployed family …
Do you want financial security? Follow these 3 steps to financial security by Gugu Sedaki Gugu Sidaki is certified financial planner you can find about more about her here: www.wealthcreed.com. She is also one of the Stokvel Academy Panel of experts, feel free to read her profile here: https://stokvelacademy.co.za/panel-of-experts Affordable/free information: https://fpi.co.za/ https://www.fsca.co.za/Pages/Default.aspx
