Inspiring

That Millionaire next door

Believe it or not, one of the most important indicators of whether you can become a millionaire is how you think. Yes, a large part of financial success begins with your mind. What are your thoughts about money and wealth? Do you think like the wealthy? Millionaires are not afraid to take risks. Many of us fear change and would rather settle on the easy path - the path of least resistance. This...

Activating that financial genius in you

Note: We will get practical in this journey to financial education. For now we are just dealing with basic but very important concepts. We’ll also be relating to the Kenyan scenario(s) so as not to sound theoretical. Just to caution readers that I have a bias to real estate and most of the topics will revolve around it in future. However, other important topics like financial planning, chamas, Life...

Joint Ownership

Joint ownership of property will come in two forms: Joint proprietorsProprietors in Common When two or more people purchase land, they can be registered on the Title as either of the above. Where two or more parties register as Joint Proprietors each registered owner does not have a specific share of the property - all owners have an undefined share in the whole of the land. The right of...

Succession Planning

We have seen it happening. Some hardworking chap struggles to set up a business that becomes and empire. Soon after transition, the empire collapse like a stack of dominos. Or you could have noticed a cycle in family fortunes that change from generation to generation. One generation finds nothing to inherit, and then they struggle so hard and by the time they are going they leave massive wealth. The...