Employees are suffering while companies continue deducting money they are not remitting. This is unfair, stressful and dangerous especially during medical emergencies.
#SocialHealthAuthority
Today I took my child to hospital only to discover my SHA cover was inactive. Yet deductions have consistently been made from my salary every month. After inquiry, I found out my employer last remitted payment in October 2025.
#SHA#Kenya#WorkersRights
Your workplace isn't just where you go to push a 30-day salaried routine to secure a 120-month consumer loan.
Use it to,
• Invest in bonds
• Invest in unit trusts
• Invest in real estate
• Invest in your education
• Invest in dividend stocks
This is how you secure the bag.
#HappyNewMonth
Common mistakes that people make when saving money:
1. Saving in a low interest avenue e.g. a banks' savings account
2. Saving after spending rather than spending
after saving.
Most put savings last, and end up never saving at all.
3. Failing to adjust savings as income changes.
Our incomes and expenses are hardly ever static. Hence your saving rule should accommodate any changes in income or "normal" expenses.
Sh200K lying in an ordinary bank account earns less than Sh200 per year.
Sh200K kept in a money market fund can earn about Sh22,000 per year.
Sh200K saved in SACCO deposits can earn about Sh24,000 per year.
Sh200K invested in infrastructure bonds can earn Sh28,000 per year.
Making wise choices with borrowed money is crucial.
If you're pre-qualified for a Sh 1M loan, and you needed Sh 500,000 for an investment, take Sh 500,000.
Taking more than you need encourages meaningless lifestyle inflation.