Page 74 - Msingi Afrika Magazine Issue 4
P. 74
TRUE AFRIKAN LEADERS TRUE AFRIKAN LEADERS
Smart money moves in money back. So, if they default,
network building Other smart money moves you may end up paying.
Volunteer outside and be an to make
active member of your soci- Learn new skills.
ety, whether it’s a sports club, Divorce your bank Educate yourself - hundreds of
church, school parents group, Don’t be in a frustrating relation- free tools and classes on your
charity society, industry task ship with a bank. phone/online/YouTube. Or take
force. Try and associate with Find a bank that accommodates a class in your locale that helps
people and organizations that you; your needs change over you understand finances and
inspire you. Join industry task time and your bank also chang- how to manage them.
teams it is much easier to do es.
when you are inside a company
than as a freelancer. It does not Give money to your enemy
cost money, but time. You can be your own worst en-
emy if you try to save too easily.
Smart money moves If you want to save, automate
after you leave your cur- through a standing order and
have the money sent to an ac-
rent job
In all your interactions, keep in count of yours that is difficult to
mind that your next employer pull money out of.
or your next client is likely to be
Read your statements
someone you have interacted
with professionally. Read all of them. If someone
When you are planning to leave emails you a statement (pen-
your job, assess your bills. Cut sion, bank, KRA, M-pesa),
please take a minute and try
out things you do not need. Find
and understand every debit
a personal insurance plan. Shift
your office pension to a person- (every time money leaves your
al one. That is your right under account). Also study and under-
RBA rules in Kenya. For other stand your payslip.
countries in Afrika, find out what
Take time to resolve issues The author is a financial writer,
options exist for you now and
begin to take whatever steps Get your credit report, (it’s free). and former finance manager and
may be necessary. Make it a pri- Today, in Kenya, to get a gov- banker.
ority for yourself. ernment job needs - several He is also a long-term blogger
document HELB, CID, Police, on banking and finance and a
Find a workspace that suits you, KRA clearance, etc. Banks and two-time winner of Kenya’s best
away from distractions. people make mistakes. They business blog. He has engaged
It is easier to tarmac (search for won’t admit it in writing, but they with several brands to drive the
work or business opportunities) will fix their mistakes. Resolve uptake of their financial and in-
any outstanding issues, it can vestment products in Kenya.
over the internet, than in real
shoes all over your city. Pubs make a huge difference for you.
and coffee shops have Wi-Fi. A He's passionate about capital
coffee cup of USD 2/- is equal SACCOs markets, farming, aviation, and
to about an hour of free internet. Keep in mind if you join a contributes to initiatives that
They also have newspapers you SACCO, your reward is based promote African investments,
can read. The best time to visit on how much you save. If you oversight, travel and road safety
is probably mid-morning when agree to become someone’s in Kenya.
they are not too busy. Rotate lo- guarantor, pay attention to what
cations and you may spot some- they are borrowing for and re-
one at a new place. Smile at the member you are the guaran-
waiter and leave a tip. tee for the SACCO getting their
74 | heal . restore . rebirth . Afrika www.msingiafrikamagazine.com heal . restore . rebirth . Afrika | 75
