I’m a university student, how do I raise funds to open a barbershop? Register your business and obtain the necessary licenses and permits and ensure compliance with health and safety regulations.
I earn Sh38,000, how do I afford to move to a bigger house? A working personal finance formula is anchored on a budget where every coin is accounted for.
Credit score: When a small debt becomes a big problem Credit scores are calculated using several factors, the most important being payment history and credit utilisation.
Healthcare on the go: Is the high cost of international medical cover worth it? While the cost of international private medical coverage may seem high at first glance, it is essential to consider the value it provides.
Help! I make Sh150,000 but only save Sh14,000. How can I afford a car and home upgrade? You can invest your savings and any extra income you earn in your money market fund for a period of time.
I’ve been earning Sh50,000 for 7 years but have nothing to show In your budget, include savings and investing as an expense and not just shopping lists of what to buy at the grocery shop.
Help! I cannot survive on Sh24,500 net salary no matter how hard I try Find an extra way to make money. Do something you can do in your spare time.
I’m 29, how do I raise Sh2m to buy a car for my 30th birthday? Budgeting and expense tracking should be part of your short-term financial goals.
PRIME Why your child must take wealth management class This kind of financial experimentation is often disastrous, especially when individuals fail to grasp the issues and nuances of managing wealth or investment opportunities.
PRIME First-time homebuyer? Here is what you must know about taking a mortgage Despite the appeal of homeownership, it is easy to make mistakes during the mortgage process, especially for first-time buyers.
I earn Sh40,000 net but spend Sh74,000 monthly no matter how hard I try, how do I survive? Your journey to financial stability will require you to make tough adjustments and adopt new financial habits.
I retire in January, how do I budget my lump sum and monthly pension? One of the biggest mistakes retirees make is to use retirement benefits to start businesses.
I earn Sh256,000 but only save Sh4,000. How do I get out of this financial hole? Tracking expenses helps curb unnecessary spending, facilitates the process of drawing a budget and fosters financial discipline.
Help! I have a Sh50,000 job, don’t pay rent and have nothing to show for it You can invest in 91-day Treasury bills, which are safe and typically offer higher returns than money market funds.
How do I manage my Sh103,000 monthly salary to buy a car and land? To maintain discipline, consider setting up a bank standing order for your investment.
Help! Bank loan, parents, siblings and girlfriend are draining my salary Focus on developing your skills or hobbies into income-generating activities.
Securing financial stability for MSME owners and employees An exit plan for the founders at the appropriate age with a financial fallback is likely to give the business new impetus for growth .
Medical cover: Financial dilemma for gig economy workers A cheap medical insurance plan should never be the end goal.
Hand to mouth: Why profit eludes small-scale farmers Whether farming is done for subsistence or commercial reasons it should make business sense if it is to be sustainable.
Help! I am stuck with shylock and Sacco loans It is time for you to make hard choices because your current expenses exceed your income.
How can I own a good car with Sh80,000 pay and Sh120,000 savings? You can leverage on your youthful age, your active income and low dependency to attain financial freedom.
Ways to gradually reduce relatives’ financial reliance It is good to wisely communicate your financial ability and what you can comfortably offer.
Four steps Kenyan startup founders can take to optimise success When conducting research, it is imperative to ensure that it covers both qualitative and quantitative aspects.
I earn Sh17,000 and save Sh300; what can I do to afford a taxi? I would like to start a secondary income stream by owning a taxi. How can I achieve this with my meagre salary?
How do I invest my Sh2m for comfortable retirement? When you know how long you are investing for and what you hope to gain, you can put the structure in place to achieve it.