Tips from Chartered Accountant and Entrepreneur Tinashe Zano on Budgeting and Saving for Your Financial Goals

Tinashe Zano, a chartered accountant and founder of the proudly South African footwear brand Nspire, has shared his budgeting and saving tips after self-funding his company without any investors. Zano, who was named one of Briefly News’ Young Money Makers, used his financial background to save the capital needed to start his business.

Zano’s background in finance as a chartered accountant helped him develop a saving and budgeting strategy that took two years to generate enough money to start his business. He shared his financial knowledge with Briefly News, offering tips for saving for any financial goal, whether it be starting a business or paying off debt.

His tips include creating an Excel spreadsheet to track income and expenses, setting financial goals, and allocating income to expenses. Zano emphasized the importance of separating business and personal finances by maintaining separate accounts and paying himself a fixed monthly salary to create a predictable personal budget.

For those looking to reduce debt and maximize savings, Zano advises cutting down on spending and paying off debts with the highest interest first. He encourages individuals to pay as much as they can regularly to achieve financial goals.

Zano’s success story as a self-funded entrepreneur serves as inspiration for aspiring business owners looking to achieve their dreams through smart financial planning and discipline.