Insurance Educator | Award winning Insurance Agent | 2 x MDRT | Voice for Young Widows | Mission to protect African Wealth and Dignity | Founder @lerisqueafrica
Creating a legacy is more than just wealth—it's about protection & distribution across generations.
From wills to wealth protection, learn how to build for the future.
Read more in our blog today: https://t.co/apLypmwSJM
#LegacyPlanning #WealthManagement #FinancialLiteracy #ForASmarterTomorrow
@Mnyindo_@kahome_steve NB: I have 3 kids all under 10 years. I learnt that as I plan for their inheritance using a life insurance and other assets, I need a Trust Fund to give directions on wealth distribution to my beneficiaries. This will be according to my wish and not the default govt guidelines.
Are you his/her beneficiary or just the next of kin? And does it matter?
Join the upcoming Twitter space by @kahome_steve to learn how to avoid family dramas and get the governmert out of your affairs. Set reminder here
https://t.co/zZTEI1STJB
If you have kids under age of 18, life cover and trust fund is the perfect combo for growth, protection and distribution of proceeds. Leaving lumpsum is dangerous. You can apply for a trust fund from Ksh 5,000 here: https://t.co/Iv8HDcTCF9
Thank you to all who joined us tonight🙏
Here's the link to the recording
A big thanks to our guest speaker @Mnyindo_
and @estateplannerKe
https://t.co/JfKxZNuj3h
See you next week for another eye opening space.
Thank you to all who joined us tonight🙏
Here's the link to the recording
A big thanks to our guest speaker @Mnyindo_
and @estateplannerKe
https://t.co/JfKxZNuj3h
See you next week for another eye opening space.
@Mnyindo_ Indeed. One year's worth of emergency fund is more than enough, cushioning you for a whole 12 months as you regroup your finances. More than that...and it's too much, and the additional funds are better off being actively invested.
@GregWanjama I agree 100%. Let's leave protection to insurance and growth to investments. How can I save for 17 years at a return less than inflation rate? The math is not mathing🙅🏾♀️
All of me cannot imagine saving more than one year worth of emergency fund. How?
My money has to work as hard as me please.
Also, my pure life cover gives me 10x more protection than an endowment policy. Will invest the rest in peace.
3. Endowment plans.
-If you terminate your policy after a few years, you lose all your money.
- The importance of an invite is judged by how liquid it is in case you wanted to convert it to cash.
- The life insurance cover attached is so minimal
- The returns are also not competitive