All about loans in Kenya
1. The world is designed to separate you from your money. I firmly believe that everything in this world is designed to separate you from your money. An economics professor dropped this gem on us one morning (so I technically learned this in college). Since hearing this, I can’t stop […]
1. Inflation The first money lesson that I wish I knew earlier is to understand inflation. So inflation is the decreasing value or purchasing power of any given currency over time. What that means is, in general, the price of everything is going up and the value of your cent […]
From a very young age, children pay close attention to how money is treated in their home. Many parents are missing the opportunity to use the observations as teaching opportunities. Parents prefer to keep quiet when there are struggles or disagreements about money, especially with things such as debt, paying […]
1. Investing while young is mandatory It can be scary to wake up one day with the realization that it’s no one else except yourself to plan and save for your future. The day I learned what a Robo-advisor was, was the same day I finally felt less pressure and […]
Here are 31 lessons I’ve learned about money… 1. I’ve never met a person who ever reached ‘their number.’ You know, people say, ‘When I hit X amount, I’ll be good.’ They say, ‘Once I have X years’ salary in the bank, I’ll be good.’ No one ever seems to […]
Financial literacy is an essential life skill that should be imparted to children from a young age. Teaching your kids about money not only equips them with the knowledge and skills they need to make sound financial decisions but also sets them up for a more secure and prosperous future. […]
Important Financial Lessons Every Working Adult Should Learn Develop These Money-Management Skills to Get Your Finances Under Control Navigating the world of personal finance can be overwhelming, even for an adult who has quite a bit of experience in the working world. With some smart planning, a good strategy and […]
Navigating the world of personal finance can be overwhelming, even for an adult who has quite a bit of experience in the working world. With some smart planning, a good strategy and understanding of the basics you should be able to develop the money-management skills you need to get your […]
Learn how to better manage your money with these simple and practical lessons. 1. Know where your money goes Create your own spending and savings plan at a budgeting Web site. Or simply track your expenses the old-fashioned way, by scouring your debit- and credit-card statements for a month to […]
It stands to reason that the earlier in life lessons are taught, the more time one has to thoroughly gain understanding. When it comes to money, this adage couldn’t be more true! We believe in teaching fiscal responsibility to children. This gives them an opportunity to learn and grow and […]