I have previously shared my approach to life planning and many of my articles on here deal with making life plans, but I’ve never shared a tool that succinctly laid out this process, till I came upon this eBook, by Michael Hyatt. He the Chairman and Chief Executive Officer of Thomas Nelson Publishers. Prior to becoming the CEO of Thomas Nelson, he served in a…
Read More
As I write this post, we are in Week 42 of 2019, with exactly 10 weeks to go to the end of the year. Take a moment to think about how you started the year. If you are anything like me, you had some goals and a vision of how you wanted the year to go. I confess I not only had goals, but I…
Read More
In the first part of this series, we looked at the life insurance basics, types of products and why we buy life insurance. In the second post, we look at the common issues customers face when interacting with life insurance companies. Life insurance has a terrible reputation in our market. Every time I have encountered a discussion about life insurance, it is always filled with…
Read More
I want to start this post by making one point clear: A life insurance cover is NOT an investment! Whether it is advertised as an investment/education plan / bonus plan. It is NOT an investment. With that out of the way, we can now discuss what life insurance is. This is the first of a two-post series on life insurance. Read the second post here….
Read More
How are your 2019 money goals so far? We are in Week 23 of the #52WeekChallenge and since it is the end of the month, this is the right week to catch up if you have fallen behind. June is also perfect to renew your new year resolutions, if you had resolved to save some money this year and have done nothing about it. Here…
Read More
“No wonder Nairobi people do not invest much. There are too many things for you to spend money on” This is my mother’s favorite remark, whenever she visits for an extended time and gets to see the things we spend money on. In this particular instance, I had just paid entry fees for a play park, for her granddaughter to have some fun. I was…
Read More
In our previous post, we addressed the “why” for getting involved in the stock market. That gives us a firm foundation on which to build the “how’. To meaningfully participate in the stock market, three things are fundamentally necessary – a personal financial plan, a stockbroking agent and some research. Owing to its importance, we will talk about the personal financial plan here, and then…
Read More
If my children are going to university to do an ordinary course, I’d rather they go to USIU or Strathmore, but if one comes with an admission to Juliard to study music, then I definitely want to be able to pay for it This was my friend Job at breakfast the other day. We were discussing my plans for my daughter’s university education and his…
Read MoreYesterday I suffered a fall while running. This is a big deal for two reasons: I never fall. Seriously, I can’t remember the last time I actually fell. Sliding and landing on my bum while hiking doesn’t count, I am talking about tripping, being suspended in the air for a microsecond before landing on your hands and knees. I just do not fall… Falling (as…
Read MoreReading this blew my mind and inspired me in equal measure. It is a pity Anna Quindlen never got to read this commencement address because of conservative students who protested her liberal views and writings. She nevertheless mailed the address to a few students and it became wildly popular, giving rise to her first book, “A Short Guide To A Happy Life” Anna Quindlen’s Commencement…
Read More