personal finance - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Why Kenya’s middle class needs a lawful side hustle plan

Sacco ReviewSeptember 11, 202606 mins

Kenya’s middle class is seeking more income security. Hillary Muhalya urges lawful side hustles. Building assets can strengthen financial resilience. America’s side-hustle boom shows even secure jobs no longer guarantee financial safety, a warning Kenya’s middle class should heed. An analysis by the Federal Reserve Bank of Richmond found that Americans across income levels once…

The importance of personal finance literacy

Sacco ReviewJune 16, 2023June 16, 202304 mins

Personal finance refers to a financial management process which an individual or a family unit engages in to budget, save and spend financial resources over a given period of time, considering various financial risks and future life events and expectations. Financial experts argue that personal finance literacy is critical in helping an individual make rational…