Gichuki Kahome
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About Gichuki Kahome
My mission is to spread financial wellness. I help people to manage their finances and build wealth through investing
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Next week on spaces https://x.com/i/spaces/1kvKpyYLBkLGE
Quick links: Open a Money Market Fund account 1. CIC MMF https://bit.ly/4dlzquc 2. KUZA MMF https://bit.ly/3OLOvem
3. Saving in your banks' savings or fixed deposit account earns you little or no interest on your savings. The best place for short term savings is in your Money Market Fund. 4. Most chamas are unregulated, unorganized and have not so good investment ventures like merry go rounds.
You can complain about taxes or learn how the wealthy legally avoid them: Elon Musk refused a salary & took stock-based payโlower taxes. Warren Buffett pays a lower tax rate than his secretary due to capital gains. James Mwangi of Equity pays more tax on his salary than his dividends, despite earning 3X more from dividends. The tax code favors investors over employeesโplay smart
The Bond ladder strategy โ Consistent passive income that can pay your rent or replace your active income โ Good way to manage cashflows for a retiree โ Mitigate interest rate risk I would prefer this over rentals any day. What About you?
New video on my YT Channel Explaining the Bond Ladder Strategy https://www.youtube.com/watch?v=3eDDzSZDyl8
Couples handle money so differently! ๐ฐ๐ 1๏ธโฃ Spend one income, invest the other 2๏ธโฃ Split bills, invest separately 3๏ธโฃ Joint accounts for everything 4๏ธโฃ One partner handles it all No right answerโjust what works! Which one are you?
https://x.com/kahome_steve/status/1892071354892972425