Category Finance

It is all about a positive attitude and mutual respect – Domestic Assistants/Employee relationship: an interview with Trizzer Kimani, Managing Director, Nani Employee Leasing Company

During the month of February 2018, one of the wellness focus areas for “Wacha niKwambie’’ blog was the relationship that we have with our domestic assistants. Here in my home country Kenya, the most commonly used professional terms for domestic assistants are; househelps, maids, auntie, domestic managers and nannies. The blog’s founder and lead writer, Elizabeth “Kwambie” Nyambane had the opportunity to interview the managing director of the pioneer in

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HOW TO STAY MOTIVATED TO ACHIEVE YOUR GOALS

Keep focused on the goal and the joy and the benefits that you will derive from attaining your set goals. Listen to motivational talks, inspirational songs and watch movies that keep your eyes on the prize. To date my favorite movie of all time is Will Smith’s The Pursuit of Happyness, which I have watched so many times to an extent that I have stopped counting. It’s storyline of resilience

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DO YOU HAVE WHAT IT TAKES TO BE AN ENTREPRENEUR?

Do you have a driving passion beyond making money? Are you self disciplined? Can you take charge of your own destiny without having a boss of your own? Are you good at creating new professional relationships and maintaining them? Are you adaptable to change? Do you have a tendency to query the status quo? Are you disruptive? Are you self- confident and optimistic? Does job security mean to you being

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Do you have What it Takes to be an Entrepreneur

Do you have a driving passion beyond making money? Are you self disciplined? Can you take charge of your own destiny without having a boss of your own? Are you good at creating new professional relationships and maintaining them? Are you adaptable to change? Do you have a tendency to query the status quo? Are you disruptive? Are you self- confident and optimistic? Does job security mean to you being

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Why we Invest

Whether we are investing in stocks, government bonds, business, farming ventures, land, real estate, education, intellectual property, health or our children and several other investment tools there are several reasons why we invest. We invest so that WE DO NOT HAVE TO WORK FOR THE PURPOSE OF GENERATING INCOME for the rest of our lives. We all hope to find ourselves in a position where we are not working to

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SOME FACTORS THAT ONE SHOULD CONSIDER BEFORE MAKING AN INVESTMENT DECISION

Begin today with what you have. A penny in the hand today is worth many more in the future. Many a time saving to purchase what you wish to buy in the future may be an exercise in futility, hence the reason to take up competitive loans whose interest rate is lower than the capital gain over time made of the investment one wishes to purchase. Have a financial plan.

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‘Is education the only key to success and happiness in life?’ Some random nuggets

It is not just about having the papers, but having a goal of where you want to be; single minded focus, do or die attitude for what one hopes to achieve in life, a positive attitude towards life, the so called ‘softer skills’ also a bit of luck, being in the right place, at the right time, with the right people is what I discovered from my reading…. Nugget 1

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‘My Venture, My Pride’: The Joys of being an Entrepreneur

I am an entrepreneur some define me as-  ‘Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.’  I develop businesses from scratch and call them mine. It all begun as an idea spun in my mind five years ago, today the idea is my reality, ‘My

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Kwambie one on one on ‘Investment’ with Mr. Fedha Mavuno.

It has been a wholesome month of Financial Wellness matters. This rainy cool April morning in Nairobi I am joined by one financial coach and mentor Mr. Fedha Mavuno who will share with us a few tips on investments and how to grow our hard earned money to ensure our financial security. Kwambie: Hello Fedha. I am glad that you have taken the time to share a few tips on

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‘The Commandments of Personal Budgeting’

1. Thou shalt know thy financial goals and set your budget around it. 2.Thou shalt know  thy income.  That is the total amount of money you receive from investments (passive income) or from employment and business (active income). 3. Thou shalt know thy expenditure. Differentiate your needs from wants.Some are regular, some vary from month to month yet others may be one off expenses.Categorize them into things like food, entertainment,

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