Have you joined the #52WeekChallenge powered by M-Shwari? To join, set up an M-Shwari Lock Savings Account, start saving and you just might get a cash reward. As I post this, we are kicking off Week 4 of the #52WeekChallenge, use the MoneyBox App (for Android) to calculate how much you are supposed to save on a weekly basis and start today! The other day, I received a link in…
Have you joined the #52WeekChallenge powered by M-Shwari? To join, set up an M-Shwari Lock Savings Account, start saving and you just might get a cash reward. As I post this, we are kicking off Week 4 of the #52WeekChallenge, use the MoneyBox App (for Android) to calculate how much you are supposed to save on a weekly basis and start today! Ahead of Valentine’s Day, I asked Koome Gitobu…
Treasury bonds and treasury bills (which I will refer to as treasury instruments in the next two posts) are a way for governments to raise money from the members of the public. A good way to think about this is to imagine that the money we save collectively makes up a bank, and the government borrows from that bank, and in exchange it gives you…
There has been a vibrant discussion on social media about money markets, mostly concentrating on which fund is paying the most interest. I believe that before looking at the returns of an investment, it helps to understand the investment – this makes you a savvy investor. This is an introductory post to mutual funds (of which money markets are part of). Please ask any questions…
This week we finally completed a 3-part series on debt. If you have some time to spare, please watch the three videos below, and share your thoughts in the comments section. I am especially curious about if you borrow, what you borrow for, and your thoughts about mobile loans. 1. Saving vs paying off debt What should you do if you have some extra cash…
Have you joined the #52WeekChallenge powered by M-Shwari? To join, set up an M-Shwari Lock Savings Account, start saving and you just might get a cash reward. As I post this, we are kicking off Week 4 of the #52WeekChallenge, use the MoneyBox App (for Android) to calculate how much you are supposed to save on a weekly basis and start today! In the previous post, I gave three reasons…
Ever wondered what your money personality is? This short quiz adapted from Ask The Money Coach by Lynette Khalfani-Cox might give you a rough idea. Like all quizzes it is not scientific, and we tend to have a combination of traits, but it gives a pretty good indication of our thoughts around money. Take a piece of paper and answer the questions below. Try not…
What does it take for a young woman to start her own business in East Africa? That is the question Kali Media founder Paula Rogo answers in this 7-episode series as she navigates launching her own company. Along the way, she talks to some of East Africa’s most exciting young women entrepreneurs and experts hailing from Kenya, Tanzania, Uganda and Rwanda. This podcast is like…
Have you joined the #52WeekChallenge powered by M-Shwari? To join, set up an M-Shwari Lock Savings Account, start saving and you just might get a cash reward. As I post this, we are kicking off Week 4 of the #52WeekChallenge, use the MoneyBox App (for Android) to calculate how much you are supposed to save on a weekly basis and start today! If you do…
For the last couple of weeks of the #52WeekChallenge 2019, I have fielded questions on this blog, email, and on Twitter on the best place to save the money. A couple of people asked me if they should send me the money. As much as I love the extra cash, I am not the best person to keep your money for you because you are…