Investing in Government Securities
The government has a social duty and mandate to provide things such as roads, hospitals, schools, national defence, pay its administrative expenses and improve the general welfare of citizens. More often than not, the money the government receives from taxes is not enough to cover spending. In such circumstances,…
Assets not Flossets
I had a consultation with a client recently. He was extremely proud of his achievements and informed me that over the past three years he had invested and accumulated assets. He was convinced that he was well on the way to wealth creation. When I prodded further about what…
First Job Chronicles- Mutheu's Story
While formal employment for me started in 2001, right after college, I was lucky enough to have had voluntary experience in different capacities at the YMCA and at St. John Ambulance Brigade, in Kenya. I had the chance to interact with people of different calibres and…
Insurance in Kenya- Part 2
All too often we hear about various types of insurance policies without really understanding what they are and more importantly, what they protect. The truth is, there are two main types of insurance, namely life insurance and general insurance which covers different aspects in your life. 1. LIFE INSURANCE Life…
Insurance in Kenya- Part I
A friend asked me to talk about insurance like a normal person(in simpler terms) as a way to wake up my seriously frozen brain in view of the events that have characterized my life in the recent past and as a way to destruct my mind. So here’s to sanity…
Fall into the Grove: Gain Momentum
‘Getting momentum going is the most difficult part of the job, and often taking the first step is enough to prompt you to make the best of your day’ ~ Robert J. McKain What Triggered this? As a sports enthusiast, I love to watch the NBA action, besides soccer. Not so long…
Introducing the Academy of Women Investors
The title says it all. Women. Women with money. Women with money and ready to sink it anywhere with the hope that the money works for them.But really, isn’t that is the whole point of investing, making money work for you and you put your feet up on a stool…
Action Without Audience (Quiet Professionals)
Those that excel understand it takes action without an audience. They hone their craft without fanfare. They show up early, leave late, and turn off the lights without applause. These solo actions define who’s really willing to put in the effort necessary to go from middle-class to world-class achievement. David…
The Hustle – Freelance Writing
Looking for ways to make more money? Read award-winning Crystal Ading's interview on her hustle: Freelance Writing.
The 4 Paths to Wealth – Part 1
The 25th edition of Forbes list of the World’s Top Billionaires was out a week ago. It saw the biggest rise in the number joining this prestigious club. From the previous figures of 943 to 1210 billionaires; more and more it appears, have either learnt few…
10 Commandments for Frugal Living
Frugality often gets a bad rap. Many people misunderstand frugality and assume that it’s nothing more than being “cheap” when, in reality, frugality is making sure that you get the most from the money and resources you have, even if they are limited. For those who are just beginning to…
What Qualifies You for Credit?
The Six “C’s” of Credit How do you qualify for credit? To know the answer, you need to know what credit grantors look for when deciding whether or not to loan money, extend credit or issue a credit card to you. Credit grantors gather information, primarily from your credit…
10 Commandments of Personal Finance
For some people, getting personal finances in order is more grueling than wandering the desert for 40 years. But it doesn’t take a miracle. If you are looking for some basic guidelines, just follow these 10 commandments: 10. Thou Shalt Take Action Reading about how to improve your personal finances…
Ben's Story: The Case for Financial Education in the Workplace
Last week, we did a brief talk on money and saving at some a firm in Industrial Area and spoke to some technical workers. When I was done, I left my cellphone number, as I always do, and on Saturday night, I got called by a guy who we’ll call…
Should Financial Education be Mandatory?
It’s a question we’re asking in Kenya too with all the stories of pyramid schemes, online scams, business deals gone awry? Should we make financial education mandatory? At the epicenter of the housing crisis was a black hole of financial literacy–masses of consumers making calculations with unrealistic mathematical expectations.
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