Treasure Masters 💎

Treasure Masters 💎

6/18/2025, 4:05:50 PM

🔍 *Next of Kin vs Beneficiary — Know the Difference!* Ladies and Gentlemen, Did you know your next of kin is not necessarily your heir? While next of kin may sound official, in legal and financial matters, they are often just your emergency contact—not the automatic recipient of your wealth. On the other hand, a beneficiary is the person (or entity) you legally designate to receive your money—whether it’s your pension, SACCO shares, life insurance, or investment proceeds—when you're no longer around. ✅ Always make sure to formally name your beneficiaries on insurance, retirement, and investment documents. ✅ Review and update them regularly—life changes, and your paperwork should too. Your hard-earned savings should go to the right hands. Don’t leave it to assumption!

Treasure Masters 💎

5/26/2025, 10:42:15 AM

Charges chart.

Treasure Masters 💎

5/26/2025, 10:41:18 AM

*📌 How Expensive is Fuliza? (Explained Simply)* Fuliza charges Access fee one time: 1% of the amount borrowed. Excise duty: 20% of the access fee Maintenance fee/ Interest. Excise duty: 20% of the maintenance fee/ Interest. *Example Calculation: Borrowing KSh 1,000 for 30 Days* ```Access fee: 1,000 x 1% = 10 Excise duty(20%) on access fee: 10 x 20% = 2 Maintenance fee/ Interest = 6 x 30 = 180 Excise duty(20%) on maintenance fee: 180 x 20% = 36 Total Charges: 10 + 2 + 180 + 36 = 228 Total amount to pay back: 1,000 + 228 = 1,228``` ✅ Good to Know: * No daily fee for the first 3 days if you borrow below KSh 1,000 *What is the Fuliza access fee?* The Fuliza access fee is a one-time amount charged to all amounts borrowed on Fuliza. Currently, the access fee is 1%.

Treasure Masters 💎

2/13/2025, 6:42:19 AM

The recent decision by the Central Bank of Kenya (CBK) to lower its *benchmark rate* from *12.75%* to *12%* has led to a reduction in lending rates across major banks; For new loans it takes effect immediately and for existing one from March 1st, 2025. * Equity Bank(17.39% - 14.39%) * KCB Bank(15.6% - 14.6%) * Co-op Bank(16.5% - 14.5%) * Absa (17.5% - 16.5%) *Effects of lowering its benchmark rate:* 1. Making credit more affordable to individuals and businesses. 2. MMF rates expected to drop. 3. More accessible credit.

Treasure Masters 💎

2/12/2025, 7:05:33 PM

https://youtu.be/yvor27e6-m8?si=jVOIIGsgblyeFeqC

Treasure Masters 💎

2/24/2025, 5:15:41 AM

We are ready for tomorrow. This is Part of the write up for tomorrow's session. *📢 Finance Factory Presents: Emergency Funds & Debt Management Webinar! 🚀* 📅 *Date* : Tuesday, February 25, 2025 ⏰ *Time* : 7:30 PM – 8:30 PM 📍 *Platform* : Google Meet(https://meet.google.com/fow-gbpa-exe) *🎟 Free Entry!* Share to your circles. Let's learn and make money together.

Treasure Masters 💎

2/25/2025, 7:55:22 AM

*🚨 Finance Factory Webinar: Emergency Funds & Debt Management 🚨* Are you one unexpected expense away from financial chaos? Struggling to break free from debt? Tonight from 7:30 PM to 8:30 PM, we uncover the secrets to building a solid emergency fund and mastering debt repayment. Don’t miss out—your financial future depends on it! 📅 *Date* : Tuesday, Feb 25, 2025 ⏰ *Time* : 7:30 PM - 8:30 PM 📍 *Google Meet* : https://meet.google.com/fow-gbpa-exe Join us and take control of your money! 💰🔥 #FinanceFactory #SmartMoneyMoves

Treasure Masters 💎

2/21/2025, 12:42:55 PM

*📢 Finance Factory Presents: Emergency Funds & Debt Management Webinar! 🚀* 💰 Struggling with debt? Wondering how to build a solid emergency fund? Join us for an eye-opening session where we break down: ✅ The importance of an emergency fund ✅ Practical steps to save for emergencies ✅ Effective debt management strategies ✅ How to achieve financial stability 📅 *Date* : Tuesday, February 25, 2025 ⏰ *Time* : 7:30 PM – 8:30 PM 📍 *Platform* : Google Meet(Link to be shared later) *🎟 Free Entry!* Don't miss out! Secure your spot now and take control of your finances. 📩 For inquiries, contact us at [email protected] or WhatsApp *0700586956* .

Treasure Masters 💎

2/8/2025, 6:45:58 AM

*How well do you understand insurance policies?* 🤔

Treasure Masters 💎

2/25/2025, 6:39:32 PM

*Thank You for Attending The Finance Factory Webinar!* On behalf of The Finance Factory, I want to sincerely thank you for attending our webinar. Your participation, engagement, and insightful contributions made the session a great success! We hope you found the discussion valuable and gained useful insights to apply in your financial journey. If you have any questions or feedback, feel free to reach out—we’d love to hear from you! Stay connected with us for more valuable sessions, and let’s keep growing together. Best regards, Antony Njuguna Wambui.