1. Don’t Start WrongDon’t start a business because someone has done it successfully Start a business if you are truly and really passionate about it2. Marketing is everything in businessEvery business Is business, what matters is how you market it. Marketing should be the short term goal while branding should be the long term goal. Market a business within a brandThe greatest value o...
If there’s one industry that has stood the test of time and will keep growing for generations, it’s the beauty industry. Just like farming, the beauty business will rarely leave you counting losses. In Kenya, the beauty scene has been booming especially in the recent years with the growth of social media platforms such as Instagram and TikTok. One of the most profitable business ideas within t...
Equity Transaction BANK TO MOBILE WALLETSTransfer Amount (Kshs)Bank Charge (Kshs) From To To MpesaTo AirtelMoney11000010150010115011,00012131,0011,50014201,5012,50023252,5013,50033353,5015,00043455,0017,50055557,50120,000656520,001150,0006765 EQUITEL TO OTHER MOBILE WALLETS Transfer Amount (Kshs) ...
Financial Education Quotes by Warren Buffett Risk comes from not knowing what you're doing. Someone's sitting in the shade today because someone planted a tree a long time ago. The first rule of an investment is don't lose (money). And the second rule of an investment is don't forget the first rule. And that's all the rules there are. The more you learn,...
You wake up every day, go to work, sleep late working, just to make sure that you are growing rich. It might take time but that’s just how things are, the journey to riches isn’t a straight line. The road is bumpy but never lose hope. Today, I will be sharing with you 3 signs that will indicate that you are about to get rich. The first sign that shows you are about to get rich is when ...
Who is eligible for Harambee Sacco? The primary eligibility criteria in Harambee Sacco is individuals with regular source of income. If you fall under any of these categories, you are eligible to be a member of Harambee Sacco: Government employeeHaving formal employment Kenyans in diaspora with legal employment Chamas, Registered CBOs and NGOs and CorporatesSpouses and children of Har...
People take loans for different reasons, it can be to facilitate education or build a business. However, it is important to note that there are good and bad loans. As a result, it is crucial to garner enough knowledge on institutions from which you want to take a loan from. In this article, we explore different banks examining the ones that have cheapest and the ones that have expensive loans.&nbs...
Navigating the intricacies of Kenya's tax system is crucial for individuals and small businesses alike. With various taxes imposed at different levels of income and economic activity, having a solid grasp of the tax landscape can help individuals and businesses make informed financial decisions and ensure compliance with legal requirements. In this article, we will delve into the fundamental aspec...
Paying yourself first is a habit that can change your financial life for the better. It’s actually very simple, when you make money, lets say through income, you save and invest part of this money first before spending on any other bills. I like referring to this particular habit as making yourself the first bill. By doing this, you make sure that your future self is taken care of before yo...
In a world often filled with noise and constant chatter, the art of speaking less holds profound wisdom. Have you ever paused to consider the saying, "Silence is golden"? It's more than just a phrase; it encapsulates a powerful truth about communication and human interaction.Imagine standing against a backdrop of serene landscapes, where silence reigns supreme. In that quietude, a deeper understan...
The past few months have been an eye opening moment for me as I decided to take part in the purchasing of shares that have been listed in the Nairobi Securities Exchange (NSE). The main reason for doing this is to diversify my investment portfolio instead of letting money stay idle in my MPESA and other current accounts. The NSE is a common term among the Kenyan youths but the truth is...
This is an effective strategy with only three indicators. I use this strategy primarily on the 15 minute chart, but it can be used effectively on longer time frames as well.The three indicators being used are:Exponential 15 period Moving Average (closed)Exponential 25 period Moving Average (closed)Exponential 50 period Moving Average (closed)You can refer to the picture above to see how your chart...
Renewing your driving license in Kenya has become more accessible thanks to the eCitizen platform. The process is entirely online, saving citizens the hassle of long queues and manual paperwork. This guide will walk you through all the steps needed to renew your driving license on the eCitizen portal, ensuring that the process is seamless and efficient.Step-by-Step Guide to Renewing Your Driving L...
What do you really want in life? Is it money, career success, good health, happiness, love, freedom, or peace?I don’t need an answer right away—I know it’s a big question that takes time to reflect on. But from my research, I’ve found that most people prioritize these very things.Yet, many people become so fixated on getting rich that they lose sight of what’s truly important. Don't get ...
Personal finance is a term that refers to the management of financial activities by an individual either for themselves or for their household. Within the facets of personal finance, there is budgeting, saving, understanding credit, managing debt and investing. The term often refers to the entire industry that provides financial services to individuals and households and advises the...
Starting a Bolt or Uber business in Kenya can be a profitable venture, but acquiring the right vehicle and covering operational costs require significant capital. Whether you're interested in driving for Bolt, Uber, or both, various financing options are available to help you get started. This guide explores different ways to finance your Bolt and Uber business, from traditional bank loans to...
When you are creating your financial goals, it is wise not to be ambiguous but instead group them into categories. Widely, there are three types of financial goals; short-term financial goals, mid-term financial goals and long-term financial goals.As the terms suggest, short-term financial goals will take a short period of time and less money to be achieved. The timeline for a short-term fin...
Top 15 Richest Musicians in Kenya and Their Net Worth in 2024.
Definition of Key Entrepreneurial TermsDefinition of an entrepreneurAn entrepreneur is a person who identifies a business opportunity, harnesses and obtains the resources necessary to initiate a successful business activity.The entrepreneur implements the ideaUndertakes to operate the businessAn entrepreneur is therefore a central key individual in the society who makes things happens for ec...
Financial literacy harbors numerous benefits to students especially in career planning. Mastering financial concepts can profoundly change a student’s professional life in many aspects, from making informed career decisions to managing student loans effectively. With the appropriate financial knowledge and skills, students can have a vivid comprehension of salary expectations, investment op...
In Kenya, as financial literacy is becoming more prevalent among the youths, many college and university students are seeking new ways to make money. One of the best way to make money as a student is engaging in a high paying side hustle. If you are a student and you are not engaging in any side hustle, then you are missing out on a great opportunity to gain experience, build skills and m...
Did you know that Tiktok has more than 10 million users in Kenya? When Tiktok was launched in 2016, I did not know that it will grow to become this giant social media platform it is today. Currently, people are not just using the platform for connecting and interacting, people are making good money. You heard me right! There are many creators who have made millions out of Tiktok. Take the cas...
Investing in the real estate industry is fascinating if not just incredible. Through this particular market, a youth can be assured of financial prosperity attained through property acquisition. I know majority of you are asking, why real estate?First, investing in real estate is the surest way to grow your wealth slowly. This is a business that has been there for a very long time unlike inves...
Investing is one of the smartest financial moves you can make. Remember, you are not late because there’s no better time to start than today. Let’s face it – many people procrastinate investing thinking that it’s something that can only be done by the rich with millions of money. However, did you know that in Kenya, there are investment platforms that you can start investing with as little...
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Renewing your driving license in Kenya has become more accessible thanks to the eCitizen platform. The process is entirely online, saving citizens the hassle of long queues and manual paperwork. This ...
Marriage is a significant milestone in life, and in Kenya, online marriage registration has made the process simpler, more accessible, and less time-consuming. In this guide, we will walk you through ...
Registering a business name in Kenya in 2024 is a crucial step towards establishing a legal entity that will help you operate within the confines of the law. Whether you're looking to start a small bu...
The eCitizen portal is a crucial gateway for Kenyans to access a wide range of government services, including applying for passports, renewing driving licenses, filing tax returns, and registering bus...
Equity Transaction BANK TO MOBILE WALLETSTransfer Amount (Kshs)Bank Charge (Kshs) From To To MpesaTo AirtelMoney11000010150010115011,00...
How to deposit money from mpesa to bank in kenya
How to make money as a youth
