Cents Sensei

Warrant Buffet said that he doesn’t do business with people who he can’t trust enough to make an agreement by shaking hands. We of course need to sign agreement, but we can make character and the motives of the people we are investing with a factor when deciding what we want to do. In this episode I help you form the mindset that will help you get better financial advice.

The worst thing you can do save for 5-20 years and wake up to find that what you have is not what you thought. Insurance linked investments such as education funds and others have the potential to do this to you. In this episode learn what to expect from these investments and when you might need them.

We all want our money to work for us rather than we working for it. The most underrated concept that we have to help us in achieving this is the power of compound interest. Listen to learn how you can harness this power to start building wealth today.

Money market funds tend to be safe and because of this safety we are attracted to them. However, because of the risk and returns they offer, money market funds are best used in certain situations. Listen as I help you know when it is the right situation for you to invest in them.

You've probable experienced it. You start saving up money but before you know it, you have spent it. How do you become consistent and stick to your plan? In this episode we talk about the mindset change you need to go from being a consumer to a saver and eventually to an investor.

Home ownership is a commendable ambition especially for the security and prestige that is offers. However, when rushed into before we are ready, it can turn into a nightmare. Listen for tips on things to keep in mind as you make the journey into home ownership so that you will enjoy the security without any stress.

The path to investment success is not a straight line but with the right mindset, every step you take will take you closer to your goals. Listen to learn how to make your investment gains big and losses from any setback you face, small.

Financial stability and freedom don't always have to feel out of reach. This year, by remembering these three numbers, you can take steps towards financial freedom.

We are always looking for that big cheque that will change our lives but don't realize that over our careers, millions of shillings will go through our hands. We need a way of keeping as much as possible of that money and use it to build wealth.

One of your first steps towards becoming a more savvy investors is becoming more deliberate about the assets you invest in. You become more deliberate by understanding your risk profile - risk tolerance and risk capacity.