About 5 years ago, investment clubs were all the range in Kenya. Even I was a member of one. Inspired by the Transcentury story, everyone wanted to join in an investment club, and to “become a millionaire”. However, few clubs have been successful, and it seems today fewer young people are part of investment clubs. I however remain an advocate of Investment Clubs for several reasons: …
Read More
In my post; Personal Finance 101, I mentioned expense tracking as the starting point in coming up with a budget. In this post, I will share 3 expense tracking methods that have worked for me. 1. The Notebook This was the first, probably most archaic method I ever used, but it worked! I basically carried a notebook in my handbag, and had a page for…
Read MoreThis post by Roomthinker and several Twitter conversations with Peter Nduati and Fred got me thinking about our system, and the kind of workers it releases into industry. I want to use a personal story to demonstrate why I think the 8-4-4 system is to blame for the fact that 90% of the people I encounter, go to work because they have to. They hate…
Read More
This is a graphical representation of top words used in this blog. Very cool! Thanks to Wordle
Read More
Happy New Year guys! I found it fitting to begin the year on a light note. This hopefully ushers in a period of regular blog posts. Whenever I correct a spelling or grammatical error on Twitter, I tag it #GrammerNazi.Predictably, the first @ replies graciously point out that it is #Grammar, at which I insist it’s #Grammer.
Read More
I recently had the opportunity to sit on a judges panel for a business plan competition. In my category, we had over 20 business plans to judge, all based on a short executive summary, a 10 minute presentation by the entrepreneur and a 5 minute Question and Answer interaction between the judges and the entrepreneur. As you can imagine,there was a lot of pressure on…
Read More
I have previously shared my approach to life planning and many of my articles on here deal with making life plans, but I’ve never shared a tool that succinctly laid out this process, till I came upon this eBook, by Michael Hyatt. He the Chairman and Chief Executive Officer of Thomas Nelson Publishers. Prior to becoming the CEO of Thomas Nelson, he served in a…
Read MoreI love books. But like everything we love, unless consumed in moderation, the results can be be counter productive. Last week I was on leave, and decided to spend sometime on my bookshelf, only to realize I have over 15 unread or half read books. I also noticed at least 5 titles I’d skimmed over with the promise to read later that never…
Read MoreFor as long as I can remember, people have been making new year resolutions, and have been failing at it. This year, more than 90 million adult Americans made new year resolutions and the top resolutions were about health and financial well being. With billions of people around the world resolving to do better each year, why are things getting worse? Why is it that…
Read MoreI love great looking cars that also drive well. This shouldn’t be confused with a love for how cars work. I wouldn’t tell what a radiator is if it hit me on the face, but I know a thing or two about money issues surrounding car ownership, and that’s the gist of this post. If your interest is the technical side of a car, talk to…
Read More