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…