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Of SACCOS in Kenya and Savings Accounts

Of SACCOS in Kenya and Savings Accounts

We are all probably familiar with the phrase ‘seven deadly sins’ by now and if not, then allow me to shed some light on the topic. The seven deadly sins refer to a grouping of religious vices that directly gives … Continue reading "Of SACCOS in Kenya and Savings Accounts"

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Impact of Interest Rate on Stock Market in Kenya

Impact of Interest Rate on Stock Market in Kenya

On a normal day, the stock market never favors high-interest rates in Kenya. The higher the interest rate would lead to an increased cost of company products and services. There is no doubt that an increased cost would further lead … Continue reading "Impact of Interest Rate on Stock Market in Kenya"

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Pro Tips to Help You Plan Right Financially

Pro Tips to Help You Plan Right Financially

No one is working either in a private or government sector and has no plans of retiring rich. The only exception to the case is ascetics and monks, who have no concerns with the “mundane” world. However, for those looking … Continue reading "Pro Tips to Help You Plan Right Financially"

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What is Financial Independence? The Answer!

What is Financial Independence? The Answer!

Financial independence – Many have heard of the term “financial freedom” aka financial independence. Everyone is looking for the magic spell to help them understand as to what financial independence means. The teenagers and early adults know economic freedom as … Continue reading "What is Financial Independence? The Answer!"

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Online Loans: Myths Debunked!

Online Loans: Myths Debunked!

Thanks to technology, obtaining a loan has become as easy as downloading an online application or logging in to a website. All you have to do is provide your details, share relevant documents and have the loan approved and transferred … Continue reading "Online Loans: Myths Debunked!"

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Are You A Mombo Sacco Member? You Can Now Withdraw Your Interests For January 2019

Are You A Mombo Sacco Member? You Can Now Withdraw Your Interests For January 2019

We come bearing good news for all Mombo Sacco members, you can now withdraw your interests for January 2019 :-). The interest withdrawing period will run for 10 days beginning 10th January to 20th January 2019. Within this period a … Continue reading "Are You A Mombo Sacco Member? You Can Now Withdraw Your Interests For January 2019"

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Financial Resolutions in 2019 And How To Make Them Stick

Financial Resolutions in 2019 And How To Make Them Stick

Every beginning of a new year many people draft a set of financial resolutions they would like to achieve before the year comes to an end. However, according to research one out of four individuals who come up with financial … Continue reading "Financial Resolutions in 2019 And How To Make Them Stick"

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Investing 101!

Investing 101!

Investing; a word often heard in the financial world. What does it mean really? Well, investing is the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. Investing Defined: Every … Continue reading "Investing 101!"

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WAYS TO SAVE MONEY DURING THE HOLIDAYS

WAYS TO SAVE MONEY DURING THE HOLIDAYS

The holidays are upon us; and as much as it is the most wonderful time of the year- our wallets tend to suffer the most during this time of the year. Families and friends expect gifts from us; we want … Continue reading "WAYS TO SAVE MONEY DURING THE HOLIDAYS"

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Best Online Savings Account

Best Online Savings Account

We all love Christmas holidays for the moments of true joy they bring, but we hate the time when they end. And one of the reasons why is the huge hole they make in our budgets. Exchanging gifts, parties, family … Continue reading "Best Online Savings Account"

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Tips on Choosing the Best Sacco in Kenya

Tips on Choosing the Best Sacco in Kenya

Finding the right Sacco in Kenya – one that aligns with your goals – is essential, not only for your financial growth but also for the safety of your money.

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Banks and SACCOs in Kenya: How to Make a Choice

Banks and SACCOs in Kenya: How to Make a Choice

Although banks and SACCOs in Kenya have a lot in common, they are unique in their rights. It’s these differences that make people prefer one over the other. We take you through three major differences: technology, interest rates, and regulation. … Continue reading "Banks and SACCOs in Kenya: How to Make a Choice"

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