All about loans in Kenya
Financial freedom means having enough passive income to never have to work for a long time, or possibly ever again. This passive income can come from bond interest, high dividend stocks, index funds, rental properties, or other reliable sources. As long as your passive income covers your expenses and keeps up with inflation with a […]
Set yourself on the path to financial freedom with these 12 habits Financial freedom is having enough savings, investments, and cash on hand to afford the lifestyle you want for yourself and your family is an important goal for many people. It also means growing a nest egg that will allow you to retire or […]
The last few years of living in a pandemic have taught us that we can’t depend on our jobs to be our only source of income. Anyone can understand the stress that comes with losing your income without notice. Even during that difficult time, not everyone felt the same level of stress. For those who […]
We’ve all learned over the last several years that sometimes, despite doing everything right, events can happen that bring about a lot of uncertainty. The COVID-19 pandemic spotlighted that fact and, for so many, their work and financial lives were derailed. For many of us, it’s changed the way we think about work and money […]
Where should we learn how to handle money? School. But we don’t. Instead, what you know or don’t know about finances stems from a number of factors: how you were raised and what you learned from friends, financial advisors, a spouse, random Internet searches, and so on. Which leads to money habits that aren’t ideal. […]
1. Set goals The first step to achieving financial freedom is setting your goals. Do you want to get rid of your debt for good so you can start saving for a house? Is there a place you’ve always wanted to travel to? Write down how much your bank account should contain, what you’ll use […]
In this article, we’ll look at some steps you can take to help reach your goal of financial independence. We’ll explore budgeting strategies, ways to increase income streams, debt management tips, and more. With hard work and determination anyone can achieve financial freedom – it just takes time! 1. Understand Your Finances If you’re looking […]
Financial freedom means you get to make life decisions without being overly stressed about the financial fallout of those decisions. That’s because you’re financially prepared for whatever life throws your way—you have no debt, you have money in the bank, and you’re investing for the future. In other words, you control your finances instead of […]
Different people interpret the term “financial freedom” in different ways. Some people interpret financial freedom as the freedom to buy what they want and when they want. For many, it could mean not worrying about how they will pay their bills or sudden expenses. For some people, it could simply mean becoming debt-free, while for […]
Once you’ve decided that financial freedom is your goal, you can start taking steps to achieve it. The first step toward achieving financial freedom is to define exactly what it means for you. For some, it might mean becoming debt-free and paying all your monthly expenses with your cash flow while others might just mean […]