Demystifying money

Comments

Post a Comment

Popular posts from this blog

Investing in Stocks

One of the best methods of safeguarding and multiplying your savings or investing a windfall or unexpected money is through the stock exchange particularly the Nairobi Securities Exchange (NSE). The NSE is a very small market with only 64 counters. The listed companies are called counters in the stock market language. Of the 64 companies listed, there are about 25 counters which are active. Safaricom controls more than half of the activity in NSE. Do you remember the much-hyped Safcom IPO after the 2007 bungled general election? I am one of the naive investors who invested in the counter in readiness for a huge financial gain without any due diligence.   It is note-worth stating that a lot of money is made at the NSE daily by smart traders. The activity there is purely a market activity.   Buying and selling stocks Those with shares come to sell and those who want to buy (otherwise called speculators or investors) come to the market to see what is on offer and place ...
Read more

Money Making Lessons from Meeting Organised by Dr. Kinyanjui Nganga at KICC in April 2019

I recently attended a conference dubbed Making Money that was graced by Kyle McCarter - the American Ambassador to Kenya, Tabitha Karanja - the Founder of Keroche Industry, Simon Kabu - the Founder of Bonfire Adventures, and Banice Mburi - the Founder of Jade Collections. The Chief Host was one Dr. Kinyanjui Nganga of Sense 101. The panelists had shared nuggets of life-long lessons learnt in doing their business as outlined below. 1. Banice Mburi of Jade Collections She excels in the beauty industry and has opened branches countrywide selling fashion products. She transited from being a TSC teacher because she realised teaching limited her growth once she discovered her passion in modelling. She asked herself critical questions that jolted her into action: 1. Why do Kenyans wear mitumba?  2. Are Kenyans destined to wear them for long?  3. What can be done? She believes in putting God first. That if the purpose is from God you cannot fail. 2. Simon Kabu of Bon...
Read more

Saturday Nation Magazine Article about What I Know About Money on 3rd October, 2020

1). What is your name, where do you work and what position do you occupy there? What's the business all about? What does it deal in? What makes your business unique? My name is Chacha Nyaigoti Bichang’a , a Lecturer, Trade Unionist and a Personal Financial Coach. I am the Founding CEO of Chachanomics Limited, a Consulting Company that offers mentorship and coaching programmes. Our mentorship and coaching programmes are unique because we not only focus on personal financial management, but also mental and relationship wellness to ensure that our clients undergo a wholistic transformation. We offer one-on-one coaching sessions, 3 – 6 months’ personal financial and life skills training, corporate and institutional talks. 2). What has been your greatest milestone and how did you come to achieve it? (Please be detailed with a personal example.) What lesson can people learn from this? My greatest milestone is when I embarked on a journey to self-educate myself on how to manage my m...
Read more