hey business family… l have this chama where l contribute 3k per month…and it usually goes for 12 months so mtu hupewa 36k…sasa mimi huprefer nipewe on december,juu ya holiday… this dec nilipewa 33500…ati kuna pesa nilikuwa nadaiwa, za hosi bill…ati member akiwa msick kuna mia tano mtu hutoa…so 2500 zangu zikakunywa maji ivo
sasa nilikuwa nauliza kuna any other saving plan…naweza kuwa naweka izi 3k
wale wa faulu whats are the advantages za uko?
Nina idea long term,but itahitaji a lot of financial discipline,instead ya hizo miscellaneous charges,kuna tax relief benefits…
For short term labda niku-suggest-ie a lock savings account
Patia poko fulani halafu uende holiday pamoja dec. Utakuwa ushamlipa mwezi mzima for services rendered
You will never get rich by saving.Look for a small project that you can manage well with good returns and borrow money to invest.Use the 3k to repay the loan monthly plus the returns from your venture.
are you talking about zile insurance policy za education za sijui 3k for the next 10yrs?
If you have somewhere to graze, nunua calves especially small bulls late next year uza…market itakua mzuri since some will be celebrating or drowning election sorrows.
now thats the best answer he can get.
invest some cash elsewhere.
saving is overrated,cash can easily be used or loose value.always be looking for new ways of investing your cash.
utakuja kushtuka ukifanya ur networth later
Ni insurance bado,but not an education policy. With this one it makes sense from a savings point of view when you compare how much you spend on it verses the maturity value. Also when you factor in inflation
Pesa za chamaa uwa zimerogwa. Used to be in one nika achana nayo.
apa ni kwa sharing constructive ideas…izo mambo za poko ni kwa sex and relationship learn to balance:mad:
@Afro fixed account iko poa…ubaya sitaki kumix izi chapa na my current fixed account:oops:
Depends, Do you want to be active or passive in your income generating venture?
I once heard a bit about treasury bills,find out more about them,they are worth the time. Or Someone educate us about treasury bills
Look for an investment group instead of a Merry Go Round chama. A larger pool of funds will get more returns.
kama kuna talker anaeza tufunza about old multual naeza shukuru
In one of your threads you had the idea of buying goats before Christmas and selling them off at a profit. On 12th dec my mun alikuwa na party we bought 2 goats @24k:mad:. I think you should purse that line of biashara.
To buy any tbills, u need a minimum amount of 100k,bonds minimum 50k
Hizi ni Unit trusts za old mutual ama?
No.
Say you want to buy T Bills but you have 3k a month to spare. If you get a group of 33 guys to invest in them as well, you can buy the bills every month. This will then be a saving scheme. The government was to roll out a system where raia can invest in bonds at 3k a month via MPESA.
What we need is a system where guys can invest in a business that isn’t listed on the NSE.
I once read about this one,my only concern is the govt being involved. pesa inaweza porwa na hio stori iishe tu ivo
Or alternatively boss you can use the 3k to buy 10 trays of eggs,Assuming that each tray has 30 eggs that makes 300 eggs.
Wait for a weekend hivi like Friday and boil the eggs and put aside like 1k for labour and kachumbari.
Smile all the way to the Bank with your 2k profit.((300*20)-(3,000+1,000).