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Can a self-employed person get a home loan in South Africa?

 How to get a home loan when you are self-employed Can a self-employed person get a home loan in South Africa? The simple answer is yes. But the bank or the financial institute will have certain requirements that self-employed person has to meet.  These are similar to the rules that registered companies must follow. The moment you earn an extra income, the South African Revenue Service sees it as a business income and you are expected to have financial statements and pay taxes.  Before you apply for a home loan, first find out what amount you qualify. Determine exactly what the bank would need from you before you apply. This would speed up the process and the bank doesn't have to wait for outstanding documents that you probably don't have and still have to search for. If you're applying for a home loan as a self-employed person , then these tips can streamline the process and increase your chances of approval. These are the things to do before you apply for the home loan....

My dream was to have money, but my dream got in the way





I love money. I say it without shame or embarrassment.

I love having money because it gives me freedom of choice. It gives me options to decide how I want to do things, where I want to do to it and when I want to do it.

I love money because it gives me peace of mind and offers me possibilities.

But there’s a fine balance between loving money and wanting it all costs. There is absolutely nothing wrong with liking and wanting money. It’s not the money that we want. It is what it represents to us and what we can do when we have it. We fall in love with a lifestyle that we think money can bring us.

The problem comes when we want it all costs, when we will sell our integrity, our morals and our values for an extra buck, when we trade who we are for who we think we’ll be if we can just have enough money.

The problem arises when we are in a desperate situation and think there’s no way out of poverty or our situation, and we trade our peace of mind for money. The problem is when we attach our identity and our self-worth to how much money we have, and how many people we can impress with it.

Desperation is a terrible thing, just like poverty. It robs you of your sense of self-worth and your value. Never give in to it. We must fight poverty with tooth and nail with the same vigour that we would fight any enemy that threaten our livelihood.

There are certain things that are not worth the money. The price you pay in exchange for a promise of relief or a way out, must never be more than the price you are willing to pay.

It’s a wonderful things to have enough money. It’s a wonderful thing to walk into a shop and to be able to buy without having to worry about a budget, or having to put things back on a shelf because you can’t afford it. It is a wonderful thing to be free to spend money on the things that you want and like. Every person should be able to live like this.

Money isn’t evil or bad. It is a great tool to exchange for things that give you pleasure and enjoyment. And we must learn to see it for what it is, a tool to use  how and when it pleases us.

Some people do use money for evil and they cause great harm to this world. They hide behind the power that money brings, exploiting and hurting those who are less fortunate and most vulnerable. Let them serve as an example of what not to become when you have money.

There is absolutely no virtue or honour in being poor. Instead of condemning rich people - of who some can be dispeakable monsters, but there are still others who do tremendous good - we must learn to embrace success and wealth. 

We must learn to think differently about money, and not see it as some evil weapon used by rich people to destroy the world.

What is stopping you from making your own money? What is stopping you from being successful, rich and happy? Find out what it is and then do everything in your power to conquer that which is holding you back.

Love the money. Do the work. Don’t expect something for nothing. Know and understand that with great success comes great sacrifice. Do not let the money be your goal.  Let the life you want, the dream you have and vision for your life, guide you.

There are enough vile people in this world who would sell their principles, their souls and their reputation for a few bucks. Don’t become one of them. You are more and better than that.

Listen to your heart. It does not and can not lie. And have the courage to follow it. The beauty of money is that once you follow what is in your heart and stay true to yourself, money will find its way to you. You won’t even have to go look for it. Opportunities that will bring money to you will present themselves in different ways.

Start today by embracing the joy that money brings. Start imagining your life without struggle and start seeing yourself as having more than enough. Start today. Because...

  • If you can’t imagine a better life for yourself, who’s going to do it for you?
  • If you can’t dream the dreams for yourself, who will pursue the dream for you?
  • If you are condemning money, who’s going to give it to you?
  • if you are too afraid to dream who's going to have the courage to fight for your dream?


Re-imagine your life. Dream it until it feels real to you. Work until you’ve achieve what you set out to do. It will be tough. It will be painful. But never ever give up. 

The money will show up. There is something empowering beyond belief when you have poured your heart and soul into a dream, when you scraped and sacrificed, and it begins to pay off.

No amount of money can compare to that feeling in building and creating something from scratch, step by step, tear by tear, heartbreak after heartbreak, disappointment after disappointment, sacrifice after sacrifice. 
In the end when your dream becomes a reality and your dream has become your life you will understand that it has never been about the money. It has always been about the dream.

 Photo by Ylanite Koppens from Pexels

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