Are you a spendthrift or are you a saver? Most people will deny being spendthrifts but at the same time, they will say that their income is too small to allow for savings. Many people think that saving is an option available only to those with astronomical incomes. The truth is that without a […]
You are driving home from work one evening and your normally reliable car starts making weird noises before grinding to a halt. The breakdown vehicle tows it to the garage and you take a cab home. The next day, your mechanic announces that the repairs will cost you eighty thousand shillings. No matter how well […]
Most enlightened people are waking up to the fact that investing is a central pillar of personal financial success. However, in order to invest, one must first have an income then save some of that income. In order to do that, you have to obey the first commandment of personal finance – Thou shall spend […]
Excessive debt can result in more than just loss of sleep, it can literary kill you. Sustained high stress levels can lead to ailments of all kinds. Stress caused by harassment by creditors who will hound you with threatening letters telephone calls and attachment of your property. You become susceptible to panic attacks when the […]
The holidays are over and it’s back to reality. For those who managed their finances well over the holiday period, the only regret is that they have to get used to waking up at six every morning and face the traffic jams once again. Those who spent recklessly however will have to go through one […]
Popular songs, stories and plays are presented as part of the celebrations during the Christmas festivities. Charles Dickens’ “A Christmas Carol” is one such story. It tells of the tribulations of a mean old businessman, Ebenezer Scrooge as he is tormented by spirits because of his meanness and lack of charity and kindness. Scrooge’s character […]
In a field one summer’s day a Grasshopper was hopping about, chirping and singing to its heart’s content. An Ant passed by, bearing along with great toil an ear of corn he was taking to the nest. “Why not come and chat with me,” said the Grasshopper, “instead of toiling and moiling in that […]
A visitor to New York City was taken on a tour of the town. When they got to the harbor, one of his hosts pointed out to the expensive yachts that were docked and told the visitor that they all belonged to bankers and stock brokers working on Wall Street, the financial district of the […]
Personal finances are a top-of-the-mind issue for most employees but why should employers care? Employers should care because the personal financial issues of their employees manifest themselves in lower productivity, higher costs and poor financial culture in their organizations. In short, it affects their bottom line. People spend a huge portion of their lives […]
Popular songs, stories and plays are presented as part of the celebrations during the Christmas festivities. Charles Dickens’s “A Christmas Carol” is one such story. It tells of the tribulations of a mean old businessman, Ebenezer Scrooge as he is tormented by spirits because of his meanness and lack of charity and kindness. Scrooge’s character […]
