Last weekend I went household shopping at the local wholesale shop. I have always known it is a lot cheaper to buy things in bulk, but the love for convenience, general laziness and disorganization kept me going back to the supermarket every month to shop for my house. Till last Saturday that is. My experience is summarized below: Pros of wholesale shopping It is a…
Read MoreDanson is 71 years old, and since his retirement from a City Council job in 2004, he’s been living well. He is actually living better than he ever did while employed. His monthly income is higher than his salary at retirement, he first drove a car post-retirement; he has two vehicles actually. When we think of life after retirement, we don’t imagine it as an…
Read MorePreviously, I have shared my experience, saving money on both medical and car insurance because in the first instance I asked for free premium financing, and in the second I asked for a discount. This is a mini post on the third instance where even you can save money; HELB loan penalties. As you know, HELB has been very aggressive in making sure graduates pay back…
Read MoreOn this final post of this series, I am going to use a conversation I had with a younger friend who was moving out. I will call my friend “B” . Read part 1 and part 2 on factors to consider when thinking about moving out. B: I’m planing to move out from my mum’s house, it’s become untenable, so I’m wondering how much I…
Read MoreIn the last post, we considered why paying bills may not necessarily make you more financially responsible if you are not in the first place. Today, we consider the second reason people want to move out: space. I would like to have some space of my own When someone says this, they mean one of two things (or both): They need actual physical space. Living…
Read MoreThis is Part 1 of a 3-part series on how to think about moving out of home. Look out for the other two in subsequent posts. Every so often, a younger friend will ask for my advice on moving out from their parents’ home. Of course in all cases, my friends are born and brought up in the city, have been working for a few months/years…
Read MoreA young lady asked me this question within 15 minutes of meeting each other. We were on an excursion, and this blog came up as part of the casual conversation of the thing we each enjoyed doing. She has been part of a SACCO for about 4 years, had borrowed from the SACCO once, and the bank once, was done borrowing and now wanted to…
Read MoreThe last post was about how to start saving. In line with that theme, I’d like us to take this challenge together. The original challenge was by Bank Rate for 2015. The challenge was to save $1 on the first week of the year, and to increase the amount saved by $1 every week, until the 52nd week. The point of the challenge is to set aside change that…
Read MoreIf I could have 1,000 bob every time someone told me this in real life and on social media, I would be an independently wealthy woman. This thought also features on my mind quiet often. How can I save more? Am I saving enough? Could I be saving more than I am? Thinking about saving is one thing, doing something sustainable about it is another matter entirely….
Read MoreOn Friday this week, most businesses with close with accompanying pomp, and business will shut down so people can go for the annual Christmas / New Year break. Unless you are completely anti-holiday, you most probably have plans for the Christmas break. From the very Kenyan plans (holidaying in Mombasa), to the more humble (visiting folks upcountry), you are guaranteed to be spending a bit more than usual…
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