About 5 years ago, investment clubs were all the range in Kenya. Even I was a member of one. Inspired by the Transcentury story, everyone wanted to join in an investment club, and to “become a millionaire”. However, few clubs have been successful, and it seems today fewer young people are part of investment clubs. I however remain an advocate of Investment Clubs for several reasons: …
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In my post; Personal Finance 101, I mentioned expense tracking as the starting point in coming up with a budget. In this post, I will share 3 expense tracking methods that have worked for me. 1. The Notebook This was the first, probably most archaic method I ever used, but it worked! I basically carried a notebook in my handbag, and had a page for…
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I recently had the opportunity to sit on a judges panel for a business plan competition. In my category, we had over 20 business plans to judge, all based on a short executive summary, a 10 minute presentation by the entrepreneur and a 5 minute Question and Answer interaction between the judges and the entrepreneur. As you can imagine,there was a lot of pressure on…
Read MoreThis is a continuation to a previous post where I answered some of the most common farming questions people ask. I will answer a few I got from the comments on that post.
Read MoreA series on creating extra income streams cannot be complete without a post about my favourite side hustle; farming. I don’t really need to make a case for farming on here, I believe it’s quite obvious. Food doesn’t go out of fashion, everyone eats from the rich to the poor, and as a country, we are a net importer of food.
Read MoreOne of my readers on the last post asked for tried and tested alternative income sources. Well, I believe we’re all gifted differently and for that reason need to find those areas and capitalise on them for success, but it’s good to give a few ideas on what has worked for others, maybe it could work for you. BeMogul is my guest writer today, educating…
Read MoreLast post we talked about credit cards, and I think it’s fitting that this post is about increasing our income. There’s a story my boss likes to tell, I hope he hasn’t copyrighted it. He tells it best but I will attempt to do the same on here. One day maybe I’ll ask him to do a guest post on here.
Read MoreA few months ago, I wrote about some wisdom my grandpa dispensed when I first started working. I’m ashamed to say I didn’t quite follow all the guidelines, and now 5 years later I will be seriously engaging with a SACCO. Very few people under 30 are members of a SACCO especially in this age where the work place is getting less and less informal….
Read MoreMy Grandpa is headed to 90 years, was trained as a teacher, joined the Mau Mau freedom fighters, quit teaching to be a farmer and investor. He has no formal finance training, he doesn’t understand stocks analysis, doesn’t know anything about pension plans, real estate bubbles, or the stock market crash. This is what he had to say to me some 4 years ago about…
Read MoreTitle : The Richest Man In Babylon Author: George S. Clason Year: 1926 Cost: Kshs 690 at Text Book Centre Sarit. Are you fresh out of school and are looking to start earning an income? Have you been earning money for a long time but wonder why you don’t have savings? Did you read this book once, but haven’t read it in 2010?
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