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Showing posts from February, 2021

Reasons Why You Need To Start Investing Early As A Youth

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  We have already shared with you key tips on how you, as a young man/woman, can start investing money at a young age . Focusing on investment for your future while still young has its benefits – not only to you but also to your future children and family – if you are planning to have one. We take you through some of the reasons why you need to start investing early – as soon as now; Low Expenses It remains a fact that when you’re young, you don’t have many things to worry about – financially. The more you get older, the more the expenses also go up. Financial experts note that “ If ever, in life, your expenses are low, Take to investing and watch your wealth gro.” Experience If you want to be an experienced, wealthy investor, you need to spend your years investing – just like a world-class painter would not be ranked among the best without spending tons of time painting. When you start investing early in your life, you will gain experience in the sector that will help yo

Types of Marketing to Utilize and Make Money Online

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  Marketing is a practice in which an individual/company spreads a message through various platforms about a company’s product, services and brands to potential customers. There are different types of marketing – a practice that will keep mutating and adapting to emerging technologies. Currently, there are three to four different types of marketing; 1.      Network Marketing This is a type of marketing that depends on person-to-person sales by an independent representatives – usually working from home. A business/company that uses network marketing may require you to build a network of business partners or salespeople to assist with the generation of sales. Also Read:  6 Tips on How to Start Investing Money at a Young Age At Fnfcom , network marketing can help you earn as much as Ksh4,500. All you need is to open an account by signing up , then activate the account with Sh1,450. Once your account is activated you will need to invite friends to join the platform, who will

6 Tips on How to Start Investing Money at a Young Age

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  Everyone has a dream to live a good life and a driving force for all this is – MONEY. You will not wake up one morning and find yourself wealthy or with a lot of money, you will have to go through many ups and downs before getting there. The best way to secure your financial future is to start investing as early as now – the younger you start investing, the better and higher chances for you to thrive. Here are some of the tips that will help you to start investing at a young age: Open a savings account This is the easiest way to invest your money as you can do even if you are under the legal age – 18 years. Opening a savings account can offer a sufficient investment in future like paying for college/university tuition, buying a car or starting your own business. Open an investment account An investment account offers far much better returns compared to a savings account. With this account, your money earns an interest that will keep growing your investment. Buy stocks or

Tips on How to Come Out Of Failure

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  We all fail at something at some point in time, but the world’s most resilient people aren’t afraid of failure. They aren’t afraid of setbacks and defeats. They don’t shy away from the pain, they embrace it. One thing that matters most when it comes to long-term success is resiliency. Whether you are an entrepreneur, business leader, parent, or spouse, resilience is a trait to achieving your goals. The truth of all is that success cannot be achieved without failure. As much as society frowns upon failure and as much as it might feel like the embracement of defeatism, failure is a necessary evil. Bouncing back from failure isn’t something easy. It isn’t something that’s straightforward. In fact, not everyone is able to master the strength. Here are some tips to ensure you rise from the dust: 1. Keep a record of your wins – Keep a daily or weekly record of your biggest accomplishments. This will help you have confidence in yourself. 2. Stay focused on the objective – the key

Online Marketing Pays, Here’s why you should Try It Out

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  Online marketing is the practice of leveraging web-based channels to spread a message about a  Company’s brand, products, or services to its potential customers. There are different methods and techniques used for online marketing including mail, social media, display advertising and much more. Today, the internet has opened doors that when well utilized it is possible to get one out of poverty. An estimated 4.1 billion people are using the internet, according to a study done in 2019, reflecting a 5.3 per cent increase compared with 2018 you can imagine the numbers this year. There were 22.86nmillion internet users in Kenya by January 2020. The number increased by 3.2 million (16%) between 2019 and 2020. What does this mean? It means that gaining internet access is becoming cheaper hence becoming famous. With that in mind, there is a need to use the internet well in terms of finding a job for you as a youth. In fact, with 2.61 million shoppers, Kenya ranks third on the list o

How to Make Ksh4,500 Daily Online

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  Making online money is one of the avenues that the youth in Kenya are using to make their ends meet or raise some cash that will pay their bills. There are like a hundred and one ways in which you can make money online. The beauty of online work is that you don’t need to report to an office daily or be answerable to someone, all you need is a smartphone and access to a good internet then you’re good to go. Also Read:  Simple Way to Avoid Okoa Airtime, Fuliza and KCB M-Pesa Loans – Join Fnf If you’re looking at how to earn money online in Kenya – look no further than First and First Capital Investment Limited (Fnfcom) . FnFcom has an online airtime distribution system designed to target the youth aged between 18-35 years old. The good thing about this system is that it enables you to earn as much as Ksh4,500 daily. So how does Fnfcom work? How can you make your money on this system? Read on. The Fnfcom works on a commission basis – this means, you market the system and you

Mobile Loan Providers in Kenya Set To Be Licensed

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Mobile Loans have for a few years now grown into one of the booming businesses in Kenya. An appetite for the mobile loans has grown, with Kenyans going for it, even though it comes with its disadvantages – high interests, which many seem to ignore, due to the fact that the loans are easy to get. Today, it is normal for someone to have mobile loans from three or four different lenders – which is obviously hard to repay – ending up with over 14 million Kenyans currently on the Credit Reference Bureau. But even as mobile loans is a booming business, there have been concerns over some roque lenders who apart from setting high interests on the loan, they abuse personal information collected from defaulters’ mobile phone contacts list to bombard relatives and friends with messages asking third parties to enforce repayment. To address this concern, the Central Bank of Kenya (CBK) has now moved to come up with a legislation that will require all mobile loan providers to be licensed. Also

Simple Way to Avoid Okoa Airtime, Fuliza and KCB M-Pesa Loans – Join Fnf

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  Kenya is generally a country with a youthful population – based on statistics from the 2019 census, of the 47.6 million people, 35.7 which represents 75.15 were aged below 35 years. A majority of those below 35 years are the youth aged between 18-35 years. In this category of people, almost all have a smartphone, which needs airtime and data to access the internet and make calls or SMS. But with the shrinking economy, escalated by the Coronavirus pandemic, many of us usually have a challenge getting airtime to top up our phones – meaning we end up borrowing airtime (Okoa Airtime) as well as going for mobile loans like Fuliza and KCB-Mpesa just to ensure we have money in our pocket. Of cos, everybody needs money, and if a telecommunications company, a bank or a mobile lender has an easy way of giving you money – nobody will turn down that opportunity. But with the many loans one takes, it comes with a risk – you end up borrowing more than you can afford to repay, and this is why

Why You Need To Invest Your Money Instead Of Saving

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  Many of us grew up being told that it is always good to save – but with the changing time – saving is no longer a strategy you need to depend on.   You’re probably confused when I tell you investing is better than saving – so to bring my point home, here are 5 reasons as to why you should invest your money and not save it;   1.     Savings loses value to inflation, investing does not   Savings usually don’t have good returns as such (in terms of interests). Chances are usually high that the saved money will lose value to inflation as time goes by and on most occasion, you will always need to add some more cash to your savings, if you decide to use it in purchasing something – basically because you will have lost value – ending up with less buying power.  Also Read:  Types of Investors: Which One Are You? Investment, on the other hand, most of the times outstrips inflation which in turns prevents your assets from declining in value.   2.     Investments bring in income, f