The Story of The Boy and the Sundae
A story is told, from many years ago when a 10-year-old boy walked up to the counter of a soda shop and climbed onto a stool. He caught the eye of the waitress and asked, “How much is an ice cream sundae?” “Fifty cents,” the waitress replied. The boy reached…
When One Expense Leads To Another
Have you ever bought one thing only to realize that this one purchase led to another? And another? And another? I have, and it can be very frustrating. I decided to get a new phone a year ago and after shopping around I found this ideal…
Beer and Cigarette Consumers Top on Taxman's List
Kenya Revenue Authority (KRA) will be targeting beer drinkers and cigarette smokers in the next tax collection period. These consumers will feel the tax weight in the tax man’s bid to collect Sh150 billion more in the next period to finance the Sh1.45 trillion budget. This will see…
Never Put All Your Eggs in One Basket
One of the lessons we can pick up from dating and bring it over to investing is that diversification is good. You do not want to put your everything in one place. What happens when it all comes tumbling down on you? Diversification is a good way to…
Cost of Living to Shoot Up With Drop of Tax Exemption
Consumers should prepare for tough times ahead beginning July after a new law proposing to drop Tax exemptions on consumer goods is passed by parliament. This law will effectively see zero rated commodities pay Value Added Taxes in the tax man’s bid to increase his income base. The Treasury expects the new…
Think Yourself Rich: Get the Right Mindset for Wealth
Your personal mindset has a good deal to do with whether or not you find money success. Personal growth is all about becoming aware of your actions and choices and considering how you can improve those actions and choices. When you put that spotlight on your money, you can often reveal…
What Dating Teaches Us About Investing
Smart people don’t just make lemonade out of the ever flowing life’s lemons. They make money out of dates, especially those that have gone bad. If you are the kind of a person who tries as much as possible to squeeze lessons out of whatever life throws at you, then…
Money does not Motivate the Creatives
Dan Pink, a renowned author, in his latest book Drive tackles the question of what motivates us to work. His counterintuitive research says that financial rewards do hinder our creativity. More money makes people less motivated to create, he says. There is of course an oversaturation…
How Disorganization is Costing You Money
Your disorganization is costing you a great deal of money. Here are some ways through which you are simply throwing money out the window, money that you could have saved if you tried to be a little organized. Missed payments and extra charges– Rent is not a thing most of…
Is the Minimum Wage Increment Viable?
The Labour Day announcement of a 13.1% increase in the minimum wage will see the lowest paid workers start earning KES 8,579. To read more on this click here While this increment will help the poor cope with the high commodity prices, how viable…
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