“ In investing, what is comfortable is rarely profitable..” Robert Arnott Did you know that creating and accumulating wealth is a balancing act? It requires us to enjoy the present, that is, the here and now while we plan for a great future. It is also an intentional journey that has some ups & […]
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“Do not save what is left after spending; instead spend what is left after saving.” Warren Buffet Saving is no doubt an important tenet of wealth building. Everyone needs to save no matter their income level. And dare I add that it is not an easy habit. Some people dismiss this step by insisting
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“ The question isn’t at what age I want to retire, it’s at what income.” George Foreman As with most things in life, you must have a plan for the retirement you want. It will not just happen, and neither is it someone else’s responsibility like the government or your children. As you let that
Are you ready for retirement? I Retirement checklist Read More »
“ No matter how hard you work, your money can work harder.” Aya Laraya Money market funds are investment vehicles that pool money from investors and then invest it in short-term instruments that have competitive interest rates. The rates are competitive because they are usually slightly higher than the benchmark 91 day Treasury bill rate.
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“ Know what you own, and know why you own it.” Peter Lynch Most people who know my love for all things investment and financial planning will often come to me with these questions. “What should I invest in?” or “where should I put my money?” Another classic is “which share/stock should I buy?”
A Quick Guide to investing in Kenya Read More »
“ Life is a cycle of ends and starts” Mark Webber Insurance is taking some type of protection against financial loss. It is a very important part of wealth creation. Insurance minimizes losses that can easily cripple us financially. Insurance serves as the base for the secure phase of wealth creation and growth. It is
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“ Retirement is wonderful if you have two essentials: much to live on and much to live for.” Gene Perret Retirement planning is necessary because we don’t have an infinite amount of energy and so we have to plan our finances for when our bodies “slow down” so to speak, and we cannot be as
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“You don’t pay taxes-they take taxes.” Chris Rock Tax planning is the process of arranging your affairs in a way that reduces your tax exposure and liability, legally. Various incentives are offered to the taxpayers, especially in sectors where the government wants to boost growth. There are various ways in which a taxpayer can comply
Tax & Financial planning opportunities in Kenya in 2021 Read More »
“Taxes are the price we pay for a civilized society.” Thomas Jefferson Tax is one of those subjects that most of us want to remain ignorant in, and purposefully so because we find it too complex to understand or deal with. Most of us would rather ask our friends and be done with it. Today
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“Wealth Is The Ability To Fully Experience Life.” Henry David Thoreau To be financially independent is one of the goals we aspire to achieve. For most of us, it will take a lifetime. It is not an easy goal to achieve but when you plan for it, then you achieve it faster. Wikipedia describes financial
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