Debt is when you access money, goods, and services on credit and promise to pay later, maybe with or without interest, as per your agreement. In business and general life, debt is very important as it enables you to get what you want without necessarily having cash. Debt repayment is the process of paying back…
With the prevailing global economic and financial challenges that are gradually increasing, the impacts are directly and indirectly hitting individuals and businesses. The most common impacts are unemployment, inflation, and high costs of living. Most people find debt to be a solution or a temporary relief from some of their financial challenges. The other side…
Investing is one of the best ways to build wealth. According to statistics, quite a good number of world millionaires are investors. Investing is basically committing your money to financial assets that grow in value and earn returns. In Kenya, there are many banks where you can put your money and earn returns in terms…
Investment climate in Kenya: Stability meets opportunity Kenya’s economy is expanding due to growth in investment levels resulting from improved infrastructure, better access to technology, and a growing middle-class level of people. The government has continued to support investment through reforms and incentives, making it easier to start and run a business. This positive environment…
Generally, calendars are very common in homes, schools, and institutions. They update people on dates, days, and specific events such as public holidays. Calendars can even be customized to meet personal objectives. In business and investing, calendars are important in tracking events such as earnings reports, tax deadlines, and Federal Reserve meetings. For those investing…
Forex trading is gaining popularity, especially among the youth, with some doing it as a full-time job while others do it as a side hustle. In the international financial markets, forex or currency trading is the largest market with the highest trading volumes in trillion dollars. Unlike gambling, which depends on luck, forex trading demands…
Many companies are seeking growth and expansion. On the other hand, governments are seeking ways to finance their development projects. Bonds are the preferred funding option for corporate and government projects such as roads, power generation, and sports stadiums. To raise funds for these projects, they issue bonds to the public and financial institutions. Investors…
Money market funds provide avenues for people to save and invest their money. The funds promise high returns at relatively low risk. These funds are managed by professional fund managers. They use the investors’ money as capital with which they trade in short-term financial assets. In this guide, we’ll explain everything you need to know…
Investment is a general term, and, as a category, it has many subcategories, real estate being one of them. Real estate is a reliable investment and one of the best so far. Globally, the rate of population growth is on an upward trend year in and year out. Businesses are also being established daily, as…
Bonds and stocks are the most common investment alternatives, although they are not the same, with each option having its own features, advantages, and disadvantages. Choosing the best option between bonds and stocks is something that requires consideration on your side as the investor, and also analyzing bonds and stocks one by one. Bonds are…
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