The old tag line of ‘keep change’ has been fading away with the years as the world economy worsens with time. The tipping in hotels and other establishments still exist but it is on such a low scale because people want to save as much money as they can. However,…
Have you ever thought of how much control social media has over the way you spend money? Let us use a practical example. It is Friday. You have the last KES 4,000 in your bank account. You already have movie plans with your laptop and your duvet. Then you log…
The traditional low saving culture among Kenyans could be headed for the dead. The revelation follows a new trend by banks and insurance firms in promoting saving culture at earlier stages of life. Jubilee Insurance and Barclays Bank have announced initiatives targeting children and college going students in nurturing a…
Being smart about money should not mean worrying about it all time. Cut yourself some slack and enjoy your hard earned cash. The point of making money is not primarily to pay for your needs, live a little, have fun with what you earn. It will motivate you…
The Communications Commission of Kenya has announced August as the date for shutting down of fake mobile phones in the country after postponing the exercise three times. Now it seems sealed because the regulator has found a database provider that will give information that will assist in tracking…
Zuku is to launch new programs and channels in a move aimed at consolidating market position by attracting new subscriptions. The new channels to be launched include: Zuku Swahili movies: A first Kisiwahili Movie channel in the Zuku bouquet. New programs to…
Yesterday, I came across an article on RookieKe’s blog on pricing our desires. In the article, Rookie tackles her friends dilemma, advising him to take a SACCO loan to pay for an iPad. Most financial gurus will frown at this. A loan for a luxurious gadget?…
There is a reason why they call it ‘Personal Finance’. It is personal. There is really never a guarantee that something will work for you just because it worked for someone else. We all have differently sized pockets. We are all looking for different experiences and we have also been…
Official statistics, company research, store checks and trade interviews suggest that Kenyans last year consumed 601 million litres of alcohol, 30 million litres more than what was consumed in 2010. It is predicted that Kenyans will consume 625 million litres of alcohol this year. Statistics from…