Why You Should Know Your Net Worth
Experts say it is wise to keep track of your net worth as it gives you a true picture of your track to meeting financial goals.
Holiday Time: Borrowing Vs Saving
Saving for a holiday takes time but stands to give the individual better options in the time after the holiday.
76% of Kenyans Understand the Importance of Saving Their Money
Latest MasterCard survey reveals that 76% of Kenyans commit to increase their savings in the following 6 months mainly motivated by unforeseen emergency expenditure. Only 46% have calculated the total amount that they would need to retire with in order to maintain their lifestyle after retirement.
Frugality at its Dumbest: 9 Worst Ways to Save Money
Saving money is great, but not if it is at the expense of your long term financial future and well being. As much as possible you have to consider the long term effects of your decisions on yourself and those around you. Otherwise, you might find yourself paying a hefty price for your “savings”
Rationalizing Our Way into Being Broke
A couple of days ago, I was meeting Truphosa*, a possible contributor to PesaTalk at a coffee house in Upperhill. I had just settled in and taken a look at the menu when she walked in, looked extremely miffed. She sat down and without looking at the menu, asked for…
Tips on Responsible Spending Habits
We all know about the dangers of drug and gambling additions, but believe it or not in recent years there have been numerous studies regarding the dangers of shopping addictions as well. Thousands upon thousands of people suffer from shopping addictions, which in medical terms is termed as “omniomania,”…
Wedding Plans and Dreams
Thinking of a wedding? We talked to MrsMaqC about hers and what advice she has for anyone thinking of making the big step. MaqC (my husband) and I share a story of faith, love and friendship. During our dating and courting time, we knew when we wanted to…
Let’s Talk Cards
It has taken me a long time to compose and upload this post because it puts my moral authority in having a personal finance blog to question. Then I figured we all have our vices and mistakes we make and need to correct, this is one of those for me.
Saving money: The life blood of a healthy financial life
When you are under a lot of debts and you wish to get out of the situation, then you may do so with the help of debt solutions. If you have a lot of debts that you are having difficulty paying towards, then you may opt for debt…
In your 20's? Start living below your means
For people in their 20s, time really is on their side. These are the years to develop the habits to ensure a successful financial future. As with most things in life, practice does make perfect, and there are critical financial habits a young person needs to develop to ensure…
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