If you are an active member of Facebook streets, you have probably come across the story of the Chama lady who has conned women upward of 10 MILLION KENYA SHILLINGS! Women in some of these Chamas made monthly contributions of 30,000
I have started using one of my accounts as a sinking fund savings vehicle. Why? Because I am terrible at money. Sometimes, not all the time. Yes, I set money aside for my pension and emergency funds. Some of my money
We pile praises for Saccos and how they have helped advance financial security for many. And they have. Saccos are an excellent saving and investing vehicle. Most importantly, Saccos are not biased toward the ‘unemployed’ when accessing credit. Still, one can
Let’s talk about gifts, more so, the type of personal finance gifts you can give your loved ones to help them through their personal finance journey.I know it is August and the holiday season is a few months down the
Have you tried entrepreneurship or building a side hustle, but none seem like your cup of tea? Entrepreneurship is not for everyone, nor can everyone have a side hustle. Both demand a lot of added responsibility and time. This usually comes
There is a debate I have seen a couple of times; Sacco vs Money Market Funds. There is one camp of Sacco proponents and another of MMFs, with each simply being against the other. I am not saying that each
Life comes at you fast and knocks you off balance when you least expect it. Financially, that means using and possibly exhausting your emergency fund. And there goes all the money you had set aside for a rainy day! I am
Personal finance planning involves risk management. That means having insurance covers to cushion you from various risks. There is a wide range of insurance policies in the market, but you do not necessarily need every cover. While you might not need
How many savings accounts are one too many? Can you even keep multiple savings accounts? Saving your hard-earned money is a prudent strategy for building wealth and attaining a secure financial future. A robust savings challenge offers you a variety of
Part of planning your personal finances and staying organized is knowing how to store your legal documents and personal records. As much as it is more of staying organized, it also helps in the event of a disaster. Let’s think