Most personal finance experts advice that the best method to get out of debt is to pay off your high interest debts first. While this makes text book and mathematical sense, personal finance success is 80% behaviour, and 20% mathematics. We become good at it by focusing more on methods that reward good behaviour, and keep us going. Recommended by personal finance guru, Dave…
Read MoreMost young people face the decision of either joining start up/small company or a big corporation when job searching, and rarely have experiential information on the advantages / disadvantages of each. On this post and series, I share my experience working for a start up, the advantages and disadvantages, and what I belief is the right skill set one needs to thrive in a start…
Read MoreWe all have had seasons when our money runs out before the next paycheck. One of my readers asked how she could get out of the cycle of always using current month’s paycheck to pay for last month’s bills. Speaking from experience, this can be very demoralizing, especially if you’re hoping to be financially free some day. For the longest time, I had this problem, but…
Read MoreDeveloped by Olivine Technology, ASIM helps retail businesses solve their biggest headache;integrating the sales and inventory management systems. It is an end to end solution, which tracks your inventory, from the time it’s delivered to your stores, to the point where it’s sold. What makes ASIM better than off the shelf sales and inventory management solutions? 1. Versatility: When you choose to buy an off the shelf…
Read MoreThe following are the 10 most read posts on this blog since I started writing in 2009 1. Isn’t A SACCO Just A Bank? 1.Angel Financing in Kenya 2. Just Do It! 3. Enlarge The Pie 4. Before You Pick The Hoes 5. Why Everyone Hates Their Job 6. Private Solutions To Public Problems 7. Guest Post: Freelance Writing 8. Amazon Vs Nakumatt: Customer Care Case Study 9. Creating Your Personal Life Plan…
Read MoreClothes are a forbidden area of discussion especially for ladies, and today I write about 10 simple ways we can spend less on clothes, without looking less stylish. Gentlemen, don’t look away just yet, these tips could prove useful for the sister, girlfriend, wife, or even for you. How many outfits do we need to be happy? 5 outfits? 10? 2 closet-fuls? The answer is…
Read MoreThe first rule for financial success is spend less than you earn. The last post was on the first part of the rule (spend less), and we looked at five simple ways to ensure you are spending less. This post points to the other part of the equation:increasing your earnings. Increasing your earnings gives you more money to pay off your debts, save for things you want to…
Read MoreWell, this isn’t exactly jargon, but I thought it would be useful to introduce Warren Buffet to you, since we will be using his wisdom in picking stocks in the Nairobi Stock Exchange. Keep checking the stocks category to see how that goes (though we just got started). Warren Buffetis considered one of 20th Century’s greatest investors, something he started doing at a very early…
Read MoreWhat is the first and most important rule if you want to succeed financially? Spend less than you earn. Sounds simple, like something we all do, but really is it? If we all spent less than we earned, then Barclays credit card agents wouldn’t be so busy calling people to tell them about their exciting new products. I got the second call from them on…
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I’d like to open this blog up to guests who have insights they would like to share with my readers, if you’re interested in writing a guest post, please see the guidelines below. Content Your post must be on one of the following areas: – Personal finance – The stock market – Book review (of a finance or related book) – Entrepreneurship Guidelines 1. Your…
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