Saving and let your Money Work for You
Abojani
May 1, 2024
Money is perhaps the greatest thing to many alongside the senses of hearing, taste, touch, smell and sight. One can hardly achieve much without money.
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Money is perhaps the greatest thing to many alongside the senses of hearing, taste, touch, smell and sight. One can hardly achieve much without money.
For the young, starting early on saving and investing offers the advantage of time and compounding, allowing investments to grow exponentially over the long term.
1️⃣ Overlooking small savings 2️⃣ Failing to have a budget 3️⃣ Not automating savings 4️⃣ Neglecting emergency funds 5️⃣ Not tracking expenses Also read: How
✅ Stability: Money Market Funds typically invest in short-term, low-risk securities such as government bonds. These investments are generally perceived as safer compared to stocks,
With the rising expenses often outpacing traditional earning methods, the importance of passive income generation cannot be overstated. In today’s challenging economic landscape, marked by
When it comes to managing finances, doing nothing poses the most significant risk. This risk stems from missed opportunities for growth, wealth preservation, and financial
From late 2022 to early 2024, the Kenyan Shilling (KES) tremendously lost its value against the United States Dollar (USD). What is Dollar Funds? This
Putting all your wealth in one basket means investing or storing all your money in a single place, like one particular stock, bond, or any
It’s not about buying hours on a clock, but rather about leveraging our finances to reclaim precious moments in our lives. Think about it this
In today’s rapidly evolving world, where economic landscapes are continually shifting, the importance of securing your financial future cannot be overstated. For many Kenyans, the