10 Life Lessons I've Learned in My First 30 Years
Read one person's lessons on her march to the big three oh.
Pre-Investment Questions
Fraud is always a possibility, even with secured, regulated investments. Before investing, ask tough questions, both of yourself and those who are soliciting your investments. If the answer to any of these questions is “No” or if the answers are vague or complicated more than likely the investment…
Common Financial Planning Mistakes
Planning for your financial future is by all means a difficult task and to make it harder you have to realize that any mistake may be a detrimental one. For so many aspects of financial planning there is no going back, at least not without some sort of penalty. The…
Saving Vs Investing
Saving vs investing. Which is more prudent? To answer his question, I think it’s best to start at my definition of the two words. Saving – Putting aside a proportion of your earnings. We covered the basics in The B Word, and agreed that at minimum, one should save…
Local e Business?
Over the last couple of years, we have seen a steady increase in the number of ventures claiming to be businesses based on the web (e businesses). Everytime I attend yet another local techies conference (as an impostor since I’m not a techie), I have high hopes that someone will…
Wealth at the Bottom
I’m no expert in matters of investing at the bottom of the pyramid, but looking at the statistics below, it seems like a no brainer to me. Half the world ( 3 billion people) live on less than $2.5 a day. 80% of all humanity lives on less than $10…
Notes on Wealth Creation
Set Financial Goals for yourself. A city worker once asked to explain his purpose in life said ‘I dig the ditch to earn the money to buy the food to get the strength to dig the ditch’. Alas, no wonder then, the ditch gets deeper and deeper! Live on a…
Deepen your portfolio by buying stocks
The high inflation in the country which has prevailed for the better part of the past few years has eroded the income of most Kenyans. With high inflation, purchasing power has waned which essentially means you get fewer commodities for the same amount of money than you did in 2007.
Personal Finance – From A Techie's Mouth
After a few posts on personal finances on my blog, one of my readers approached me on the side bar and accused me of being conventional, and as such, wasn’t helping him. I was giving information that we all knew, but I needed to break it down into…
Steps To Successful Goal Setting
Successful people have always had clear, focused goals that guide them to greatness. Noted author and self-worth teacher Eric Butterworth* says, “Poverty is a way of living and thinking, and not just a lack of money or things.” When you couple his philosophy with the Eastern mysticism of “what…
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