Saving has always been a challenge for me. While I continuously applied the pay-yourself-first principle to my finances, I struggled to stick to my budget.
So when I wanted to start a cake-decorating business, I needed another way to cover my startup costs. I preferred not to take out a loan because of interest charges.
A co-worker suggested starting a sou-sou.
What’s that? you’re wondering. Well, read on.
What’s a Sou-Sou?
A sou-sou is a simple savings plan.
The West African tradition, which is also popular in the Caribbean, requires a group of people to contribute a fixed amount
