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Rhoda Kithinji
Kenya
Приєднався 15 лис 2012
Financial Consultant
Ways to set yourself for 2025 financially.
To set yourself up financially for 2025, start by making a clear budget.
Track your income and spending to see where your money goes.
Prioritize saving-even a small amount each month builds up over time.
Consider creating an emergency fund to cover unexpected expenses. If you have debt, aim to pay it down gradually, focusing on high-interest ones first.
Look for investment opportunities, like stocks, mutual funds, or a retirement plan, to grow your wealth over time.
It's also wise to set financial goals, like saving for a big purchase or education.
Finally, improve your financial knowledge-simple research or talking to a financial advisor can go a long way.
#rhodakithinji #financialplanning #financialfreedom #financialliteracy #finance #emergencyfund #personalfinance #goalsetting #2025
Track your income and spending to see where your money goes.
Prioritize saving-even a small amount each month builds up over time.
Consider creating an emergency fund to cover unexpected expenses. If you have debt, aim to pay it down gradually, focusing on high-interest ones first.
Look for investment opportunities, like stocks, mutual funds, or a retirement plan, to grow your wealth over time.
It's also wise to set financial goals, like saving for a big purchase or education.
Finally, improve your financial knowledge-simple research or talking to a financial advisor can go a long way.
#rhodakithinji #financialplanning #financialfreedom #financialliteracy #finance #emergencyfund #personalfinance #goalsetting #2025
Переглядів: 24
Відео
Ways of becoming financially literate.
Переглядів 457 годин тому
Becoming financially literate as a beginner involves learning the basics of managing, saving, and growing money. Start by understanding simple concepts like budgeting, which means tracking your income and expenses to ensure you're not overspending. Setting financial goals-like saving for a rainy day, buying something important, or planning for retirement-is essential. You can learn from free on...
What to avoid until you’re financially secure.
Переглядів 17019 годин тому
Here’s what to avoid until you’re financially secure: 1. Don’t upgrade your lifestyle too soon. Focus on buying assets and growing wealth before splurging on luxury. A high-end lifestyle without a solid financial base will hold you back in the long run. 2. Avoid bad debt. Don’t take loans for things that won’t increase in value or improve your financial position. If it isn’t helping you grow we...
Do you know your credit score?
Переглядів 2821 годину тому
A credit score is a number showing how trustworthy you are at repaying borrowed money. In Kenya, you can check your credit score through Credit Reference Bureaus (CRBs). In Kenya, credit scores typically range from 200 to 900: 700 : Excellent - Lenders are more likely to approve loans. 600 to 699: Good - You’re a low-risk borrower. 500 to 599: Average - You may face higher interest rates. Below...
Pros and Cons of Money Market Funds
Переглядів 6514 днів тому
Investing in a money market fund (MMF) in Kenya can be a smart option, but it’s important to understand both the benefits and drawbacks. Pros: 1. Low Risk : Money market funds typically invest in low-risk assets like government bonds and treasury bills, making them safer than many other investment options. 2. Liquidity : You can easily access your money whenever you need it. Unlike fixed-term i...
How to start investing as a beginner with low income
Переглядів 17914 днів тому
Start small by saving a portion of your income regularly, even if it's just a little. Open a savings account or a mobile money account like M-Pesa for convenience. Once you’ve saved enough, consider investing in a low-cost unit trust or a money market fund, which lets you pool money with others to invest in a variety of assets. Stay patient, avoid risky ventures, and focus on long-term growth. ...
Ways to increase wealth
Переглядів 7214 днів тому
To increase wealth, focus on these key strategies. Increase your income by seeking better job opportunities, side hustles, or learning new skills to earn more. Reduce expenses by cutting unnecessary spending, budgeting wisely, and avoiding debt whenever possible. Diversify your investment; don’t put all your money in one place. Spread it across different areas like stocks, real estate, and savi...
Is compound Interest a myth?
Переглядів 4914 днів тому
Compound interest is real, but to make it work, you need to follow certain rules. First, invest consistently and leave your money untouched for a long time. The longer it stays, the more it grows because interest earns interest. Second, aim for investments with a decent return, like stocks or bonds, rather than just saving in a low-interest bank account. Lastly, start early-time is your biggest...
Can you spot inflation?
Переглядів 2314 днів тому
Inflation can show up in sneaky ways. *Shrinkflation* happens when products stay the same price but get smaller-like fewer chips in a bag. *Skimpflation* is when companies cut corners on quality or service, such as longer wait times or fewer staff, but prices stay the same. *Greedflation* refers to companies raising prices more than necessary, blaming inflation, to boost profits. So, while infl...
Reasons your debt is not reducing.
Переглядів 4421 день тому
If your debt isn’t reducing, it could be due to several reasons. Low income makes it hard to cover expenses and pay down debt. Paying only the minimum on loans keeps balances high, as most of the payment goes toward interest. Taking on new debt adds to what you already owe, and impulse buying increases spending. High interest rates make it difficult to pay off the principal. Lastly, not having ...
Factors to consider before taking a loan
Переглядів 3628 днів тому
Factors to consider before taking a loan. 1. Purpose of the loan. 2. Alternatives to borrowing (partnerships, grants) 3. Time lines to pay the loan in terms of years. 4. Risk Tolerance - Will it affect your future. 5. Fees and Charges #RhodaKithinji #finance #kenya #financialeducation #financialliteracy101 #financialplanning #financialtips #financialgoals #money #retirement #riskmanagement #inv...
Bond Plus or Money Market Fund.
Переглядів 7828 днів тому
Bond Plus or Money Market Fund. The difference between the two is where the funds are being invested. MMF - Invested in Treasury bills, Treasury bonds and bank deposits. Bond Plus - Treasury bills, Treasury bonds, bank deposits, corporate bonds and equities. Current MMF Return - 10.01% Current Return Bond Plus - 13.72% The returns are nett. All the other features are the same. Min Investment: 1...
Foundations of Building Wealth.
Переглядів 64Місяць тому
Foundations of Building Wealth. - Income - money that is earned from doing work or received from investments. - Budget - a plan for the coordination of income and expenses. - Investing - a plan to put money to work today to obtain a greater amount of money in the future. - Proctection (health insurance, home insurance, business insurance, life insurance) - Taxes - are a mandatory contribution l...
Which is the best investment plan?
Переглядів 57Місяць тому
Which is the best investment plan? It all depends with your financial goals; short, medium and long term. Level of risk you are willing to take up; Low, Medium or High Risk. ua-cam.com/video/Loj7smYDJCc/v-deo.html For Consultation Services Whatsapp: 254728297112. #RhodaKithinji #finance #kenya #investments #financialgoals #financialplanning
How to S.T.R.I.P.
Переглядів 69Місяць тому
S.T.R.I.P. is a simple way to improve your financial health: 1. Save: Build a habit of saving, even if it’s a small amount each month. It creates a safety net for emergencies. 2. Total Debt: Know how much you owe. This helps you manage and reduce debt faster. 3. Retirement: Start saving for retirement early, no matter how young you are. The earlier you start, the more you’ll have later. 4. Inco...
How to recover from financial setbacks.
Переглядів 37Місяць тому
How to recover from financial setbacks.
Financial Habits of Successful People.
Переглядів 54Місяць тому
Financial Habits of Successful People.
The 52 Week Investment Challenge Update
Переглядів 43Місяць тому
The 52 Week Investment Challenge Update
The Mindset Blueprint for young investors
Переглядів 252 місяці тому
The Mindset Blueprint for young investors
Do you have a spending or income problem?
Переглядів 522 місяці тому
Do you have a spending or income problem?
Why you should not rely on your employer’s pension contributions.
Переглядів 152 місяці тому
Why you should not rely on your employer’s pension contributions.
Ongeza volume Mum..
You're a fine mama. I am those broke high earners I need help!
Reach out for assistance: WhatsApp: +254728297112
Money management is a challenge for most people
Making Money has never been a problem, But handling finances is the Nightmare
Good content, but nikama ulinjonga sauti. Nimeweka full volume but still nina struggle kuku skiza.
Very Educative 🎉🎉🎉
Hi...how do i get in touch? Our chama needs your advise.
You can WhatsApp: +254728297112 or valuebuxconsultancy@yahoo.com
Thank you so much I shall be in Touch...Please give your contact
Very Educative video thank you for your time 🎉🎉
nice info
Hello dear, I watched your channel videos as mentioned first Videos are great but videos aren't reaching your target audience so little per video. That means your videos aren't reaching your audience so you need to promote them. Then good results will come. You understand what I mean
Good advice my sister.
Keep up the good work 👍 Kanana
Good advice 💯
Best advice ever... 👌
Awesome
I have a question about this. Do I need to file returns for what they deduct or they do it?
@@josrya-ng8894 Hello, It’s withholding tax, the company that you invest with file the return on your behalf
Hello.... Rhoda how can i reach you for more.
@@wilsonnjugush4202 Hello, how are you? Kindly reach out: +254728297112
@@rhodakithinjithanks
Good information 👍
Hello, U need a attractive UA-cam thumbnail designer and video SEO expert?
Very insightful 👏 👌. Thank you
Your video making is very good. Your content ideas are very good. If you give me permission. I will share some information with you to increase the channel. You get lots of subscribe and views😮
Nice one..
Is a fixed income fund same as bond plus?
You have very good content. The algorithm should do you more justice.
@@wealthwise247 Thank you
Hi girl, Would you want to consider redoing your thumbnails for better visibility?
Thank you for this🙏
Your channel does not have a professional banner design. So I designed a banner for your channel. Using it will look very beautiful and attract visitors.
No volume
Valuable information
Thank you
Your video making is very good. Your content ideas are very good. If you give me permission. I will share some information with you to increase the channel. You get lots of subscribe and views, best regards.Thank you
Great tips, Rhoda! Definitely guilty of some of these, especially the unused subscriptions! 🙈 Time to do a subscription cleanup and start budgeting better. Thanks for the reminders! 😊💸
@@joshuamutuku2040 Karibu
Your channel has no banner design. Can I design a banner for your channel?
Ma'am, Can I suggest to grow Your UA-cam channel?
This one... Thank you Rhoda
@@janetwangari592 Karibu
Sound,sound kindly
Hi kanana, nice videos! This is Andrew from Pint room
Good advice improve on sound kindly
Karibu. Sound on my side is okay
Good work continue educating us.
Karibu sana
Very good insights! Wealth protection is often overlooked.
Karibu
Napenda 🎉
i have learnt a lot, was having worries whether should go with the Britam Bond PLus but now i have my answer....thanks😘
If you would like to start kindly WhatsApp: +254728297112
Thanks sis🎉
Hi Rhoda can i with draw anytime I'd love to
Hello, kindly reach out for a detailed explanation. +254728297112
This is beautiful, I actually have financial trauma. How do I deal with it?
Great advise, but the volume of the video is low