3 months ago, we set out on a savings challenge, sponsored by Barclays. The aim of the challenge was not about saving a fixed amount of money (though we had a goal), but to train our brains to cope with delayed gratification. While we are good at setting goals, accomplishing them is difficult. This is because our hands always reach for what we want now,…
Read More
This is the 5th post of our 3 months’ savings challenge. Our mission for the 3 months is to learn how to save more, through converting our poor spending habits into good saving habits. Why do we buy things we have not planned for? Because our brains love it! We have been using the hand versus heart analogy – the hand is our impulses, what…
Read MoreIf I remember my high school literature theory right, one of the key elements of a good story is a resolution of the main conflict – things coming together at the end. For some reason, most fiction authors, especially Western fiction authors, interpret resolution to mean a happy ending, or at least a peaceful one. The fact that my fiction reads were mostly Western growing…
Read MoreMoney goes where you send it That is what my late grandpa and hero told me when I first got employed. I knew my grandfather for 31 of the 92 years he lived and one of the most important things he taught me was to be the master of my money. Being the master of your money means many things, but today I’d like us to…
Read MoreIn the last post we asked what happens if she earns more. Today, I want to discuss the different money models married couples (could) adopt and factors to take into consideration as you pick a money model for your marriage. Why is this important? Married couples argue about many things, but the worst arguments are likely to be about money. With this in mind, you…
Read MoreWith an inflation rate of 10%, and a mortgage interest rate of 15%, one needs to make at least 25% return from a house every year for the period of the mortgage to at least break even ~ Macharia
This morning I heard on Nation FM that Safaricom is planning to launch a debit card that will enable users pay for online government services with ease. According to this article on Business Daily, these cards will go hand in hand with Safaricom POS’ in government offices and the company is basically going head to head with commercial banks which currently collect government revenues. I…
Read MoreThis September we made it to print! Msafiri a travel magazine by Kenya Airways recommended this blog as one of Nairobi’s top reads. We are honored to share a page with great voices like Erik Hersman
Read MoreHUMAN: Why can’t we ever realize it’s the good old days while we’re still in them? GOD: It’s a problem of gratitude. The key to happiness is being grateful for what you still have. Everything falls apart someday. Enjoy the good old days while you’re still in them…you probably are. He may not be the real chap, but this guy gets it. —-> http://goodlordabove.com/
Read More