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Retirement income

Where to invest for retirement

Retirement / By Madge

“ The trouble with retirement is that you never get a day off“    Abe Lemons As retirement becomes a reality and not a far-off plan, we have discussed this several times and agreed that retirement planning starts from your first paycheck. It is crucial to map out where you want your sources of income …

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How Business Systems are important in Tax Management

TAX / By Madge

“ Systems run the business and people run the systems”    Michael Gerber Yeah, I know, how does someone mention business systems and tax management in the same sentence but hang on let me explain myself. We are creatures of processes and systems. As a toddler, you had a system, eat when hungry, play with …

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Reduce monthly expense

19 ways to reduce your monthly expenses

Budgeting, Saving / By Madge

“ A penny saved is a penny earned.”    Benjamin Franklin At the heart of managing expenses you must begin with a budget. It is the compass that guides you on where to take your money. But even with a budget, there are times that you just can’t make ends meet. In fact, the more …

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investing is simple and boring

Why investing is simple and boring

Investment / By Madge

“ Investing isn’t about beating others at their game. It’s about controlling yourself at your own game“    Benjamin Graham Investing is an exact science. I don’t mean it is the same for everyone because I believe we all have different risk profiles. It is a science because the principles that guide investing apply the …

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financial productive year

How to have a financially productive year

Financial Planning / By Madge

  “Discipline Is Choosing Between What You Want Now And What You Want Most”   Abraham Lincoln   We are living in financially unnerving tomes, especially because there doesn’t seem to be an end to the ever-increasing  prices of commodities. Essential commodities have not been spared , and there is some struggle to just get by. …

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Financial success

7 Quick ways to reset yourself for financial success

Financial Planning / By Madge

“A dream doesn’t become reality through magic; it takes sweat, determination and hard work.”   Colin Powell The fast pace of life has made it easy for us to feel like, all we need to do each time we don’t like the results we get, it to snap our fingers and things will sort themselves …

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Chamas that build wealth

Why you need to join a Chama

Investment / By Madge

“ The  biggest risk of all is not taking any.”    Melly Hobson Investment groups are a good avenue to diversify and grow your wealth. Most of us refer to investment groups as Chamas. The kind of investment group we are discussing today is one where members come together with the commitment to grow themselves …

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Essentials in financial planning

Top 6 tools in financial planning

Financial Planning / By Madge

“ It is essential to have good tools, but it is also essential that the tools should be used in the right way.”    Wallace D. Wattles Financial planning is a science in as much as it is an art. What I mean is, while it is an art since goals and plans may be different from …

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Habits that help you save money

Saving / By Madge

“ The price of anything is the amount of life you exchange for it.”    Henry David Thoreau If you are reading this then most likely you are like me, in my determination to save an extra coin. It does not happen magically, I wish it did, but it doesn’t. It requires deliberate planning, discipline, …

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Retirement poverty

9 Mistakes we make in retirement planning

Retirement / By Madge

“ Retirement is the only time in your life when time no longer equals money.”    Unknown Retirement planning is an intricate balancing act, between accurate forecasting and a bit of hope. It is not possible to forecast the future with 100% accuracy, however, with data and science, it becomes easier to imagine what the …

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  • Where to invest for retirement
  • How Business Systems are important in Tax Management
  • 19 ways to reduce your monthly expenses
  • Why investing is simple and boring
  • How to have a financially productive year

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