What is lifestyle inflation? This is when one’s living expenses change with a change in income or revenue, and in this case, it is an increase in income, to be precise Is lifestyle inflation an evil? How to avoid lifestyle inflation? In most cases, it is viewed as such, and even some people will say …
Today’s article is motivated by the unfortunate outcome of the destruction of property due to the #maandamano that has been happening, which has led me to be concerned about the state in which the majority of business owners are operating their businesses. As a business owner, you take the risk of investing in a business …
Let’s discuss tax planning as a savings plan for you as a taxpayer not on PAYE. You can be a business person or a consultant in the service industry. If you’re wondering how to navigate the TAX maze without feeling overwhelmed by the end-of-year payable that is sure to come knocking every other year, then …
1st and foremost no business has no record what it does is not keep proper account of the records and that is why professionally the term used is incomplete records, meaning the business doesn’t keep proper records for the day-to-day transactions, but has some sort of records mostly most businesses keep only sales record, almost …
As a business do you have a VAT obligation? Do you even know who is eligible for VAT obligation? Let’s get to understand this today as the whole craze on TIMs compliance takes effect with a little more “seriousness” than has been running for the better part of 2023, yeah, TIMs compliance took effect in …
The majority of us don’t manage money as well as we should, and this is largely because of how we were raised to handle money. Life’s quality and experiences are impacted by money or the lack of it. The type of food we eat, and hence our health, family vacations, our neighborhood, the type of …
My shush’s chama was one of the things I looked forward to when I visited my grandparents over the school holidays. It brought neighborhood women together for afternoon tea, pastries, sandwiches, and cash that was shared with one of its members. Chamas are unregulated organizations that pool funds from their members for investment or merry- …
You might be using an Android phone like me or an Apple product. You might be very active on Facebook and Instagram or a frequent consumer of Kentucky Fried Chicken. Some of these companies are global in operation and have a presence in our lives locally and the truth is, you can own a stake …
According to Warren Buffet, the majority of individuals should index. If you only do one thing in the stock market is invest in index funds which are alternatives to buying individual stocks. An index is a representational figure of the market’s performance over the previous day. If you lift the covers and look beneath what …
At some point in life, someone might have approached you with the promise to double your money and it ended in a loss of savings followed by extreme caution in making other investment decisions. The question we often ask is, “Is it possible for an investor to double their investment in the market?” And the …
