PRIME Retirement planning: How small top-ups become big pension The pension sector is now moving toward more inclusive and flexible products that meet modern financial realities.
Marriage and business: Is your firm's foundation built on a prenuptial agreement? Kenya’s Matrimonial Property Act defines what's a contribution into matrimonial property. Contribution doesn’t mean money only. Both financial and non-financial contributions count.
PRIME The 72-hour wish: Why your burial Will may not go as you planned Many Kenyans believe that writing burial wishes in a will makes them legally enforceable. This understanding is incorrect.
PRIME Why even six-figure earners are saying, ‘Not yet’ to marriage Naomi Kihuga, a financial advisor and wealth management consultant, frames the hesitation many Kenyan men feel toward marriage as less about romance and more about risk.
PRIME Finance baby steps: When to add a child to your debit card A debit card, when carefully monitored, becomes a tool for teaching money management.
PRIME Four times your salary: What it really take to protect those you love While age may set the grounds, everything, from pre-existing medical conditions, income stability, education, and lifestyle choices can change your life cover.
PRIME Judge defies succession customs, grants burial wish to second wife's family The judge reminded wrangling family members that a burial dispute has no bearing whatsoever on rights under the law of succession.
PRIME Court rules men can inherit their wives’ wealth too, but it has a unique twist And so, for decades, many widowers have simply walked away, leaving behind property they may have built together, lost in a legal fog. Until Mungai came.
PRIME How do changes in government policies impact how much we earn, save and spend? Tax changes have the most direct effect on your income from tax rates, tax cuts, tax levies, and value-added tax (VAT). For salaried workers, an increase in income tax rates reduces the net salary.
PRIME Tough balance of handling financial windfall A windfall presents a major dilemma for many people, who must navigate complex, life-changing financial and personal decisions.
Why every adult needs to write a will…even in your 20s The moment you own a bank account, have money in M-Pesa, or even livestock, you already have an estate worth planning for.
PRIME How to access your pension savings upon retirement There is no one-size-fits-all. Your decision should reflect your personal needs, spending habits, health outlook, and financial literacy.
PRIME Due diligence: How do I know if my money is safe in a sacco? According to the Sacco Societies Regulatory Authority (Sasra) 2023 supervision report, Kenya’s deposit-taking and regulated saccos hold Sh971.96 billion, and the member deposits grew by 10...
PRIME Should young Kenyans raid their pension to buy houses? The beauty of a pension plan lies in its tax incentives and compounding growth.
PRIME Property or equity? Where to invest to earn best returns Investment experts weigh in on the returns and risks of both vehicles, and on which investment route could yield better returns for your money.
PRIME Investment: Why purpose beats timing the market One of the investments favoured by young people is Non-fungible tokens (NFTs) and digital coins for their high returns.
PRIME The 25:50:25 money rule: A smarter way to invest your money Consequently, macroeconomic decisions like those from the Monetary Policy Committee also influence what return you will get from your investment.
PRIME Here's how to future-proof your investment portfolio The biggest financial risk most people take is not one of picking the wrong stock or investing in a dodgy venture.
PRIME Customary property: I'm in a financial fix, can I sell our ancestral land? When land is proven to be held under a customary trust, it cannot be sold freely. Its primary purpose is to be preserved and passed on to the next generation or to be used in line with the terms...
PRIME Smart investment: How to build wealth in a volatile economy A capitalistic world is an economic system where individuals and private businesses own and control property, resources and the means of production where the profits drive decisions.
PRIME My girlfriend wants marriage, but I only have Sh18,000. What do I do? Careful planning is crucial as you consider major decisions like marriage, family, and homeownership.
PRIME I am 36 and have inherited five acres. I want to sell four, is this the right move? Instead of selling four acres at a go, sell a portion of the land and plan with your wife how to invest and start building a home.
PRIME Help! My wife calls me ‘Mr Torn pockets’ since I’m broke Relying solely on your salary is risky with retirement just 12 years away - start budgeting for personal growth.
PRIME I’ve Sh4,000 left monthly. How can I save Sh1.5m for land by December 2026? As your finances grow, build an emergency fund to avoid being exposed after major savings or investments.
PRIME Where to invest for comfortable retirement life Financial experts say comfort should be an important factor when planning for retirement.
