“You may delay, but time will not. “ Benjamin Franklin I am currently reading a book, Franklin’s Thrift by three co-authors David Blankenhorn, Barbara Dafoe Whitehead, and Sorcha Brophy – Warren. One of the themes the book covers is the genesis of Savings and Mutual banks better known to us today, as Savings and Credit […]
Saving in a SACCO: Is it relevant anymore? Read More »
“The hardest thing in the world to understand is the income tax” Albert Einstein Let’s talk taxes! Most of us dread taxes and everything to do with compliance, sometimes from a position of lack of knowledge of the tax laws and how they operate. While we may want to bury our heads in the sand
Which Taxes should concern the Small and Medium Sized Enterprises in Kenya? Read More »
For the longest time, I wanted to invest in Government treasury bills and bonds. But I considered myself a layman, what did I know? The big imposing building that is the Central Bank of Kenya (CBK) did not serve to calm my nerves. So, I held out, waited and then waited some more… and finally,
How to Invest in Treasury Bills and Bonds in Kenya Read More »
“ The first wealth is health” Ralph Waldo Emerson I don’t know about you, but I find health insurance in Kenya an interestingly hard nut to crack! Of course, there is no dispute on the importance of all of us taking out insurance to cover us for those visits to the doctor, because we agree
Health Insurance & Why you need NHIF Read More »
“A penny saved is a penny earned” In the wealth creation journey, it’s critical to build an emergency fund. An emergency fund as the name suggests is money that you have set aside just in case you encounter unforeseen, urgent financial needs. This fund is essential because it bridges the gap between your pressing need
Where to build your Emergency Fund Read More »
“We must consult our means rather than our wishes.” George Washington The idea of budgeting for most people is that of limiting and constrained use of money, it is very uncomfortable. No wonder our default position is……. It should be avoided at all costs! Nothing could be further from the truth, because if done
Budgeting- is it important in wealth creation? Read More »
“ Compound interest is the 8th wonder of the world. He who understands it, earns it; He who doesn’t, pays it” Albert Einstein Saving money is regarded as a primary pillar of wealth creation. It is the muscle with which you grow financially. One of the greatest benefits of saving is financial independence. So, what
Why You Should Start Saving Read More »
