All about loans in Kenya
Now, more than ever, you have seemingly limitless opportunities to find financial education resources to help you improve your financial literacy and financial capabilities. When you struggle with a credit card, store card, car loan, and medical, or even mortgage debt, formal and informal education can open the gateway first […]
Are you struggling to make ends meet and having a difficult time paying your bills? Are you getting alarming notices from debt collectors? Or are you worried about losing your grip on your future due to potentially losing your home or vehicle? In such cases, you need to understand that […]
Facing the Music If you’ve been trying to make bills vanish by throwing them away unopened, the first step is to own up to your mistakes. Clear off your kitchen table and get out all your loan statements, bills, and budget—basically everything you can think of that relates to your […]
What is debt? When you owe money to someone, you are in debt. Owing money is not always bad. You might have a loan. You might use a credit card. If you do, you might be in debt. But if you pay your bills when they are due, it might […]
What is a debt management plan? A “debt management plan” is one way to repay money you owe. Here is how it works: A credit counselor works with you and the companies you owe money to. You all agree to a plan for how you will repay the money you […]
Debt management is any system used to pay off debt and regain control of your finances. It can also refer to credit counseling services. The term debt management often refers to debt management programs offered by credit counseling organizations that help borrowers approach their debt in a more manageable way. […]
There are a number of ways that you can go about dealing with your debt. Some are small tweaks in your daily routine, whilst others are larger and broader changes to the way that you handle your business. Here are the 10 best tips and tricks on how to deal […]
Effective financial management is vital for business survival and growth. It involves planning, organizing, controlling and monitoring your financial resources in order to achieve your business objectives. Good financial management will help your business to make effective use of resources, fulfil commitments to your stakeholders, gain competitive advantage and prepare […]
When managed responsibly, a personal loan can be one of the best ways to relieve financial burdens and set yourself up for success. It’s an easy way to cover a down payment, handle an emergency, or take your family on a vacation. A personal loan, however, can also be challenging […]
Do: Get Organized Getting a handle on your debts and working on paying them off will be next to impossible without having a clear picture of who is owed how much and where your account balances are at. Take inventory of your debt accounts, account numbers, total balances and monthly […]