The weekend is calling. Staying at home makes you a laggard.
Go out, make friends, and create new connections. A man's job is to face the world, take risks, and embrace difficulties.
Visit a successful business you've always desired to start or appraise plots on sale near you.
I've heard that in Kenya, some farmers are paying KSh 800,000 for a single Girolando cow, with the seller claiming it can produce up to 70 litres of milk per day. That raises a question: why not buy three good local or crossbred cows at around KSh 150,000 each (total KSh 450,000) that produce 25 litres per day apiece? That would give you a combined 75 litres daily — more than the single expensive cow — while spending nearly half the money
don't let your past dictate your present relationship with money. Heal your mindset. Save with wisdom, and spend with intention.
spending money on yourself isn't automatically being irresponsible, and it isn't a waste. It should improve your well-being or add value to your life.
the goal isn't to accumulate money forever. The goal is to use money to create a secure, comfortable, and fulfilling life.
An example of good debt is a loan taken at 13% interest to upgrade your skills and certification that raises your annual salary by Sh 300,000 a year. You repay the loan in months. Every year after that is pure profit on a decision you made once.
A mortgage on a property where the rental income covers 80% of your repayment is an asset working for you. You are not just consuming, you are building.
A business loan with clear revenue projections and a realistic payback period under 24 months is debt creating wealth.
Please read…
These are basic labour rights as employees you need to know
1.) You cannot be sacked by your employer after you have submitted your resignation letter.
2.) You cannot submit a resignation letter after you have been sacked.
3.) Your employer cannot refuse to accept your letter of resignation.
Authority: Unity Bank of Nigeria v Bako N. Chori (2021)
LPELR-55720 (CA).
4.) Your employer cannot deduct your salary as a punishment for something you did wrong at work (e.g. lateness) except if your contract of employment permits this. Otherwise, it is illegal.
5.) Your employer is bound to pay your complete salary when it is due. He is not doing you a favour by paying your salary. You are not expected to beg or request for the salary before it is paid.
6.) If your employer suspends you, you are entitled to receive your full salary for the entire suspension period except where the suspension letter or employee handbook expressly states that you won't receive salary while on suspension.
Authority: Globe Motors Holdings (Nig) Ltd v Oyewole
(2022) LPELR-56856(CA).