Sh 1M in MMF typically returns about Sh 10K per month.

Additional: Sh 43K Qona SACCO share capital also available for sale.

RT @TheAbojani: One reason why money management is challenging is because we often mimic our financial behavior after our friends, or neigh….

RT @antidote_mbudo: @cheruiyotkb Debt is only an asset if it's used as leverage to make more wealth. If invested in a vehicle that earns 5%….

Qona SACCO @qonasacco (formerly Safaricom SACCO) shares worth Sh 40,000 on sale at Sh 35,000 discount. DM if interested.

Deal done 🙏 Thank you all who expressed interest. More to come 👍.

Additional: Another Sh 50K worth of share capital on sale. DM.

Additional: Another Sh 50K worth of share capital on sale. DM.

#WealthWednesday. 1) Big money can be made through high savings, wise investing and lots of patience. 2) Trying to get rich fast is the fastest way to lose what you have. 3) Losing opportunities is far better than losing money. Don’t invest in ponzi schemes. 4) “Making as much.

RT @TheAbojani: Tools to consider when saving for your child’s education (tuition fund). Fixed Deposits: for upcoming school fees. MMFs: Fo….

RT @TheAbojani: Sending money home isn’t enough if your family doesn’t know how to manage it well. If you're a Kenyan living in the diaspo….

RT @TheAbojani: Topics to be covered in the 70th Personal Finance, Saving & Investing Masterclass. ✅Money Market Funds.✅Saccos.✅Treasur….

You showed up, you gave your all, you never asked for a thing back. They took, and walked away without looking back, or expressing gratitude. A man becomes unlimited when he stops bleeding for the ungrateful. Now it's 100% focus on yourself. It is survival, not being selfish.

Selling Sh 100K worth of @stimasacco shares at Sh 95K. DM if interested.

Focus on the journey, one step at a time. Break down your big goals into daily, manageable tasks. Consistency and patience are the keys to achieving anything great. Each day’s effort adds up to something remarkable. Good morning kings and queens!

Pay yourself first. Invest in assets. If the only income producing asset you hold is your job, aim to add another income stream. If salaried, you should not be comfortable being paid just 12 times this year. Learn MMF, stocks, bond funds, treasury bills & bonds, REITs, etc.

Learn a skill. Turn it into income. Turn that into savings. Turn that into investments. Investments give passive income. Passive income gives you free time. Now you can learn another skill. And repeat the process over and over until you hit financial independence.

RT @TheAbojani: What You Can Achieve with a Bond Fund @BritamEA. 1⃣You can build a steady passive income stream through regular interest pa….

Building houses for rent may be a hard investment, but a good means for leverage, an asset and a store of value. Leverage to take credit/loans. A store of value to convert it to an asset instead of lying as cash in the bank. An asset to preserve the money against inflation and.

Links for opening money market accounts:. ICEA LION. Sanlam. CIC.

Age 28, unmarried - netting Sh 60,000 monthly;. Follow the 50/30/20 budget rule - 50% to basic needs, 30% to wants and debt repayments, 20% to savings and investments. Allocate 12,000/- to savings and investments - 5000/- to SACCO deposits and 7000/- to a money market fund. The.