#11 Nicola asks: Hi Heather,

My name’s Nicola. I’m fortunate enough to still have a job right now, most of my friends have lost their jobs and it’s made me realise that if I had lost my job I wouldn’t be able to survive at all. I have no savings, a few debts and spend all my earnings every month. What do I need to start doing, right now, to ensure that by the time the next crisis hits the economy, I would be able to survive regardless of my employment situation?

Thanks for all the financial knowledge you share.

Related resources: https://www.katsonga.com/wealthblog/what-has-covid-19-revealed-about-ideal-personal-finances-how-can-you-rework-your-finances-to-increase-your-financial-security-in-time-for-the-next-crisis

https://www.katsonga.com/wealthblog/qa-i-hate-budgeting-am-i-doomed-to-be-broke

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#10 Edna asks: ​Hi Heather,

My name’s Edna. I was wondering if you could talk about what net worth is? Why it matters and how I can improve my net worth? Thanks.

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#9 ​Angela asks: Hi Heather,

Happy new year!

I’m a big fan of yours and have been following you for a while. I bought all your three books.

I would like to open a stocks and shares ISA for myself and two children aged 16 & 14 but I don’t know where to start due to fear of risk. I want to invest 15% of my income in stocks and also considering real estate.

I have seen some recommendations like Vanguard or Hargreaves Lansdowne but I’m clueless on what to go for. I am a nurse and the only debt I have is a repayment mortgage. I just finished paying off credit card debt.

I saw your post on Malawi Queens.

Please help.

Thank you

My name’s Angela by the way.

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#8 Wendie asks: Hi Heather,

My name’s Wendie. I am a support worker and earn about £1,600. I struggle to make savings due to all my commitments but I desire to start no matter how small. Please advise.

Related resource: https://www.katsonga.com/wealthblog/qa-what-are-the-9-biggest-money-mistakes-people-make-that-prevent-them-from-saving

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#7 Barry asks: Hi Heather,

My name’s Barry and I hate budgeting…it’s not so much the budgeting but tracking all my spending; it kind of sucks the joy out of life. I can’t stand having to think through how my money will be spent and not being able to buy what I want just because it wasn’t budgeted for – am I doomed to always be broke because I don’t budget? Do you have any suggestions for me?

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#6 Melissa asks: I’m Melissa. As a full-time entrepreneur myself, I often find a difficulty in deciding how much monthly income to re-invest into my business and not OVERDO IT.

This reminds me of why I often lose at the board game "Monopoly", ha! Because I'll spend every last dollar on buying up houses and hotels and when I fall on someone else's property, I don't have the money to pay them. And it's a downward spiral from there, haha.

Anyway...

I'm sure you know just as well as I do that our businesses are our babies and sometimes we think we aren't feeding them enough to grow as fast as they can. But at times, over-investing can cause immediate problems.

What should I do to find a balance between re-investing as a business owner and putting money aside?

Related resource: https://www.katsonga.com/wealthblog/qa-how-much-money-should-i-take-out-of-my-business-every-month-to-spend-on-myself

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#5 Chrissy asks: Hi Heather,

My husband and I want to buy a house, how can we go about improving our credit score?

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#4 Flora asks: Hi Heather,

Based on the things you told us about investing, my husband and I started putting £125 per month each into our SIPP pension. I hope this isn’t a silly question but what are these savings for? When can we expect to start spending that money and should we try to spend it in specific ways or on specific things? Both my husband and I are 30, we don’t plan on having children and our jobs have fixed pension benefits.

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#3 Denise asks: Hi Heather,

I want to earn extra income, however I work as a nurse in the NHS which takes up my time, do you have any suggestions on any investment that can make money. I am also interested in the stock market but don’t know where to start.

I am interested in both generating extra monthly cash flow now and increasing the amount of money I have in retirement.

Related blog: https://www.katsonga.com/wealthblog/im-a-nurse-what-can-i-invest-in-to-make-more-money

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#2 Diana asks: Hi Heather,

I just had my first baby. I'm 31 and married. Do you have any tips for how I can think about saving and investing for my baby?

Related resource: https://www.katsonga.com/wealthblog/how-to-save-and-invest-for-your-children

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