Finger on the Pulse —June/July 2018

I started writing this piece on a Kenya Airways flight from Kigali to Nairobi. The sun had just set as the plane took off and millions of fireflies seemed to illuminate the city below. It had been a packed week in the land of a thousand hills that left little room for self-reflection and meditation…

9: You First

As much as it’s wise to save your money and build a diverse portfolio of investments, the first destination for your investments should be closer home: yourself. While it’s much harder to quantify the returns on investment when you invest in yourself, like it might be if you bought a three-year government bond, I believe…

8.7: That Whole Eggs in The Same Basket Thingie (Part III)

Read Part I of this post here and Part II here. Chamas One of the most common savings and investment paradigms in Kenya (and in many developing nations) is the informal savings and investment group, popularly known as the chama. Chamas leverage our people’s cultural disposition towards community. While wildly popularly in rural areas and…

8.3: That Whole Eggs in The Same Basket Thingie (Part II)

Read Part I of this post here. Bonds A bond, of no relation to the popular character in the British movie series, is an agreement between two parties — in this case for one to lend the other money and for the other to pay it back with some interest after an agreed period. Usually…

8.0: That Whole Eggs in The Same Basket Thingie

Source I doubt there’s a cliché more pervasive in the world of money than: do not put all your eggs in one basket. I’d also suspect it to be the most ignored piece of money advice— the basket in most cases being the monthly salary. Like any cliché, there is some truth to it, though…

7: Savings

When we talk about savings, we talk about putting away something for a rainy day. But that’s only part of the picture. There are so many other reasons to save: to build up significant sum for investment or business, to pool enough funds to pursue a dream that might not earn you as much, to…

6: Track It

In the Love Yourz post, I concluded by saying that it’s important to create a sense of autonomy (and appreciation) over your own life and its opportunities. Now, I know this is easier said than done in a world where career and financial outcomes are often influenced by systems and powers beyond our control: treasuries…

5: Zimmerman

For this one, I’ll tell you a story. No explanations, no expositions — just one long-ish story. In my first job after coming back from the States, I worked for a big corporate in Kenya. In the first four months, a friend was gracious enough to host me in his single-room unit and we split…