South African Investment Platform | Investing with Franc for the 1st time | Investing for beginners 

Thank you so much sis ❤️

I have an update video on Franc coming up on Sunday, thank you so much.

Thank you for always watching hun.

Hi! Nonhlanhla, thank you so much for watching and the feedback. Franc has made it very easy for anyone to start investing indeed,

😂😂 thank you

Thank you so much Kholiswa ❤️

I am always happy to help 😍👌🏿

I will do so, thank you so much.

Thank you so much 🥰

So happy this video was helpful 🥰👌🏿

How is it going?

@@JennNxumalo Very well so far, I can’t complain! We will see with time. 💞

It an interesting way to investing and it makes it easy, do try it out.

😂😂😂 maybe one day they will thank me. 😍

Yes they do not, they are a new platform and are still developing. I am sure one day they will have it.

@@JennNxumalo Got you

🥰❤️its a pleasure.

Thank you

@@JennNxumalo YOU ARE WELCOMED.

Yes, so use friendly. You can only create one goal currently.

On the app you can set up a direct deposit on the deposit section they explain the process there.

It depends when you do it, if you do it Friday it will reflect on Monday. If you do it during the week it after one day I think.

It takes up to three working days. Expect it to reflect on Tuesday given that its a weekend now.

@JennNxumalo Thanks dear it has reflected...

By 2023 November I should have invested R30000.

Hi! If you go through the video I do share in detail how you go about investing. I think it will help.

I think its one of those investing platforms okumele uzizamele yona. So far I love it.

I do not know yet, its my first time using the App. I won’t be withdrawing it anytime soon.

I do not know yet, its my first time using the App. I won’t be withdrawing it anytime soon.

I do not think you can do so, money must already be in rands by the time you deposit it.

Yes, I think so. However, you might need one of the SA bank account to be able to send and receive money. But do check their website to confirm or better yet drop @franapp an DM on Instagram to confirm. They respond.

@@JennNxumalo they are asking me for a referral code

No, I only just made my first deposit.

Please send me an email on jen@jennifernxumalo.com

Thank you.

The calculator does not count the possible interest as it can not predict this. The calculator is for you to understand how much you need to put in every month in order to get to your goal. The difference from a normal savings account and Franc is that with Franc you are saving and investing and this chances of getting better interest compared to the bank are much higher. With a normal savings account you are just putting money away but likey to get a very small interest from it. Lastly with Franc there are no penalty fees if you decide to withdraw some or all of your money before 2 years, at the bank if you want money that you fixed before the 2years you will incur penalties will will eat away at all your interest and your principle amount. Franc is not just a savings platform, they are a savings and investment platform.

@@JennNxumalo oh wow thank you for explaining, that sounds great. I'm about to download the app and try all this you mentioned. As well as also trying your cash stuffing method coz yhuuu I need it. Just found your channel an hour ago and I'm binge watching everything. #newsubbie

😅

Hi! Sis, not speaking as a financial advisor, look into Allen Gray, Investec, and Franc Group.

@@JennNxumalo .. so into Allen Gray and Investec