You've just received your first promotion, and your income is on the rise. But before you rush to upgrade your lifestyle, it's essential to understand the concept of "lifestyle creep" and how to avoid it. In this article, we'll explore the smart ways to make your promotion pay off without falling into the trap of … Continue reading Avoiding Lifestyle Creep: How to Make Your Promotion Pay Off
Tag: #personalfinance
Beginners ultimate guide to investing the right SACCO
https://youtu.be/mYJr1GRF6H8 My mother loves sharing stories with me. Not long ago she shared a story about another of her friend’s son. Let’s call him Peter. Peter just like many students in Kenya had a difficult school life. Most of the time he was in and out of school. Despite him having attended a local day … Continue reading Beginners ultimate guide to investing the right SACCO
How to make money in campus
The life of a campus student can be very challenging. One has to come to terms with the fact that you are no longer under your parents' supervision. Here one has to make many decisions on their own.Most of these decisions are made in poor judgment, especially when it comes to money.Many are the … Continue reading How to make money in campus
Budgeting tips for beginners
50/30/20 rule,income-expenses
Savings tips for beginners
"Habahaba hujaza kibaba" If you are a young person like me, then you know that it is important to save, but for one reason or another, you cannot. You may have tried saving, setting some if not all your money aside to be used later. After a while you find yourself withdrawing and using all … Continue reading Savings tips for beginners