To get in touch with me please email gatwiri@kelliemurungi.com

Posts by: kellie

Which is the best SACCO to join if you want to save for a home? This question came from one of my Twitter followers. The reason why he asked about a SACCO and not an investment product is because he wants to access credit against his savings (which would then go towards the building). First of all, the government has...

It is that time of the year when we make plans (I prefer to call them plans, not resolutions) for the new year. As is the tradition for the third year running, the #52WeekChallengeTM  2018 is here! The Challenge has three goals: Nurture a savings habit by helping you set a savings goal, then working towards hitting...

Last week, I had a week-long client assignment, and they had kindly booked me into a 4-star resort just outside Nairobi for this. As much as it was going to be a busy week of training, I was really looking forward to the simple pleasures of a great hotel stay. Even as I write this post, I want to believe that I was...

There is a joke that every Kenyan has a side hustle, so this article is probably moot but I will write it nonetheless. In this age of passion, we are told that we should discover what we are passionate about and should we single-mindedly pursue that passion, we shall not only find financial success but personal...

Plane crashes are rare, so when they happen, they make the news. Authorities ensure that crashes are thoroughly investigated,  causes established and that something is done to prevent them in future. Car crashes, however, are treated differently. While they sometimes will make news, we do not investigate much, neither...

September last year, there was an accident aboard Harmony Of The Seas, which was the biggest cruise ship in the world at the time – I am told the same company has unveiled an even bigger one. The accident happened during a drill when one of the safety boats detached and fell tens of meters into the sea with crew...

The most common reason why many people do not join SACCOs in Kenya is lack guarantors or aversion to the idea of guaranteeing other people’s borrowing. The principle behind loan guarantors is that should you fail to repay your loan, the SACCO can recover their money from the people who have signed up as your guarantors...

Yesterday, I needed to buy some vegetables and I was short of time so I went to the supermarket, something I have not done since the plastic ban came into effect.  It was not only an unpleasant task, it left me with questions insofar as public health matters are concerned. In the past, the vegetable section was a joy...

If you ask a regular personal finance adviser whether you should borrow money, they will give you the Debt Creed; Only borrow to invest, if the investment will earn you better returns than the interest rate of the borrowing. Never borrow for consumption. Aspire to be debt free at all times! However, life does not work...

When I shared about my losing my #52WeekChallenge savings on the Telegram Group, one of the participants asked me a challenging question: Don’t you have an emergency fund? See how wonderful accountability is? We all know that an emergency fund is Personal Finance 101. When you start earning money, first thing you...