Follow Your Money: Debit Score: Your Homie. Your BFF. Your OG.

Issue 15: 4-minute read: Microsoft Internship + Mastercard Foundation Scholarships

Hi friends,

Happy Tuesday. Welcome to Issue 15 👋🏾 - this is a 4-minute read. 👌🏾

Just a few minutes ago on FYM, we talked about debit scores. Given its level of un-popularity, I thought I’d revisit it for the 100+ new subscribers. ❤️🚀

Issue 15: Debit Scores: Your Homie. Your BFF. Your OG.

Not to sound like a broken record but the thoughts of debit scores probably sound odd. 💯

But that’s the thing 🤌🏾 - only the ones who are crazy enough to do odd things are the ones who truly change the world. ✨🎯

Read that again. 😌

You see, say what you want but credit scores often feel like stalkers of your financial moves. 🙅🏾‍♂️

But what exactly is a debit score❓

It's not just a number; it's a reflection of your money milestones 💯 , your budgeting prowess, and your saving victories. 🔥

It's like having a personal financial cheerleader rooting for you every step of the way. 🎉

👉🏾 Debit scores are rewards for responsibility- for progress over perfection. ✨

Your debit score isn't about judging your past financial moves 🙅🏾‍♂️; it's about celebrating your journey toward a financially healthier future. 🫡

It's not a mere number; it's a representation of your smart money choices and your commitment to growth. 🎯💯

The Debit Score Magic Formula 🌟 💹

• Saving score = (Amount saved/ Total income) * 45

• Budgeting Score = (Amount spent/ Budgeted Amount) * 55

• Debit Score= Sum of both scores 🎯

👉🏾 It's a balanced equation that rewards both your budgeting discipline and your saving prowess. ⚡️

What’s Next❓

We’ve developed debit scoring into our product roadmap and will be slowly but surely released when we launch. ❤️👌🏾

As I mentioned in the last issues, if you stay around just enough, you might just experience debit scores on Dot. 😌😌

Until then…what should I do❓

I get it, especially in a world where the destiny of e-commerce websites lies on the shoulders of your purse. 🙂

I’d recommend that you visit Issue 4, Issue 5, and Issue 6 where we talked in-depth about Debit Scores.

Final Takeaway 💯🚀

👉🏾 Remember, your debit score is your ally in the quest for financial success. It's there to remind you that every step forward, no matter how small, is a step toward a brighter financial future.🕺🏾🎯

What is Dot?

Dot is a cash-to-cashless experience for immigrant students in Africa. 🎯

RESOURCE LIBRARY

Scholarships 🎯

• Study at the University of Western Cape, South Africa with a fully-funded Scholarship by Mastercard Foundation Scholars Program. 🎯🫡
  
  

• Fully-funded Yousriya Loza-Sawiris Scholarship Egyptians to study in the United States- deadline is Oct 12th. 🎯👌🏾
  
  

• Fully-funded Mastercard Foundation scholarship to study at the University of Capetown, South Africa. 🫡 💯

Opportunities 🎯

• ALX Africa is now accepting applications for its new cohort that’s promising to give learners the option to study in-person at [ALX] hubs or fully online 😇🔥
  
  

• Intern for Microsoft through the Microsoft Interns4Afrika program.🕺🏾🚀
  
  

• Apply to join the 2024 World Bank Group Fellowship; the deadline is August 25th. 🫡✨
  
  

• Applications for the UNFPA internship are open- the deadline is December 31st. 💯👌🏾
  
  

• Apply to participate in the African Union Online Capacity Building Training 2023- Fully-funded. 🎯💯
  
  

• Harvard University Academy is accepting applications for the 2023 Academy Scholars Program; Up to $75,000 in annual stipend. Apply here. 🤝👌🏾

Freebies 🎯

• ICYMI: I came across 20 templates to help you revamp your LinkedIn profile by Josue Valles. 💯🚀
  
  

• If you’re looking to start a business or launch an idea, check out these 12 super cool tools you absolutely need— by Sam Szhuchan. 🏋🏾🎯

  MONEY TRIVIA

Did you solve last week’s trivia? ICYMI, let’s have another run at it.

Assign a monetary value to each symbol so that the equation below is correct. 💯

• $ + $ + $ + $= $118

  
  -No repetition allowed 🎯

  -The 1st and 3rd positions are prime numbers 🎯

  -One of the values is three digits 🎯

Finally, here’s our quote of the week (QOTW).

“Compassion is greater than passion. How you say it beats what you say”

-Notes from Discovery Room.

What is Dot?

Dot is a cash-to-cashless experience for immigrant students in Africa. 🎯

Don’t Forget to Be Awesome!

Dulra ❤️

Founder/CEO, Dot.