Author: sheila
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Unlocking the Secrets of a Trust Fund: How to Build Financial Security and Preserve Wealth for Generations
Ever thought of building a lasting financial legacy for your loved ones?Trust fund can provide a solid foundation for preserving your wealth. It can also ensure your family’s future prosperity if the right knowledge and strategies are applied. Even though there is common association of trust fund to the affluent, they are not exclusive to the…
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The Most Profitable Little Capital Business Ideas to Explore
Are you an aspiring entrepreneur in Kenya looking for profitable business ideas that require little capital? Look no further! In this article, we have curated a list of 16 business ideas that have the potential to generate high profits with minimal investment. From small-scale agriculture to online businesses, there are endless opportunities for budding entrepreneurs…
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Future Inflation Calculator: How Best to Predict Value of Money
What exactly is the Future Inflation Calculator? The future inflation calculator allows individuals to estimate the future value of their money or assets based on projected annual inflation rates. Using specific data, such as the current value of an asset along with the desired time frame, the calculator can provide an estimate of what these…
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Inflation Calculator;How to Best Understand the Earnings on Assets
Even though an inflation calculator can be easily obtained on financial institution portals, it’s important to understand the basics and methodology behind it. By determining the purchasing power your money loses over time, you are able to manage your money well.In order to calculate the inflation rate, you need an initial number, a final number,…
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Financial Literacy Dimensions;How Best they Influence Money for Wealth
What is financial literacy? Financial literacy refers to an individual’s knowledge and understanding of essential financial concepts and how effectively they are applied in their money management.Understanding the risks and rewards involved in investments, venturing into new opportunities, and making necessary adjustments that align with your financial goals therefore justifies the importance of financial literacy.…
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Micro Investment; A Beginner’s Guide On How To Invest Small Amounts of Money.
What is Micro Investment Micro Investment refers to investing money accumulated through regular saving of small amounts for a period of time .The investor does not wait to have a lump sum so as to invest at once. You can find micro investment opportunities in purchasing securities through mutual funds, stocks, ETFs,(Exchange Traded Funds)and REITs…
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Spending Habits; Money Behaviors To Watch Out for Wealth
Spending habits are ways you choose to spend your money, whether planned for in a budget or not. These money behaviors are sometimes just there to make you feel happy or have some form of gratification without necessarily knowing the impact they have on your finances. How you behave and your choices around money will…
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Digital Payments ;Why Digital Wallet is the Best for Wealth
Digital payments, also known as e-payments, refer to the transfer of money from a payer’s account to a payee’s account electronically. Digital payments range from a digital wallet that contains digital cards (credit cards, debit cards, and pre-paid cards) to mobile payment apps like M-Pesa and cryptocurrencies. A digital wallet, also known as an e-wallet,…
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Investment Calculator: How to best Determine Percentage Gain/Loss
An investment calculator enables you to determine if you are making a gain or a loss from your investment, and usually the calculation is done in percentage. To work out these, you will need your initial purchase price, or simply your original amount for the investment, and the selling price of the investment. Since your…
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Savings:How to Open and Operate Your High-Yield Savings Account in Kenya
What are Savings Savings is that money that you set a side for your future use.Savings can be a portion of your current income or a flow of resources accumulated in investing those savings over a certain period of time. Nowadays with technology,its easy to open and operate your high yield savings account wherever you…
