Hexanet Systems
@HexanetSystems
◇ Information Systems Security ◇ Systems Analyst ◇ ICT Nerd◇ http://www.hexanetsystems.com
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The bus station starts looking crowded... you want to Uber all the time😄
"When you increase your income, things change pretty quickly. The house you live in starts looking small, the clothes you wear start looking cheap and unfashionable, your car looks old and creaky." My latest on "Lifestyle Creep; The Biggest Problem in Personal Finance"👇👇
If you don't know how to read and analyze a balance sheet, read this:
Managing cash flow is a crucial part of any business. But most people overcomplicate it. Here is all you need to know:
Suck to be them haha...
You're I trouble alright @RufasKe ... We are indoctrinated to look at the house owned as the ultimate "arrival" sign. It's the end in itself. Unlearning is going to be main task in this new era. I'm game.
This is probably going to get me in trouble. Buying a piece of land for say KES 3M, constructing a house for say KES 4M will probably save you KES 120k per year and I think that's a waste of resources and an unsound decision. This applies for the youth. 1/n
Well said Senior @EliudKipchoge. You have paved the way, we must follow. The mind is the main barrier.
Limits are there to be broken. By you and me together. I can say that I am beyond happy today that the official world record is once again faster. Thank you to all the runners in the world that inspire me every day to push myself.
Knowledge is more than power. It is resident. "Sliding down the slope naked..." Great insight as always, Chief! @SokoAnalyst
Knowledge is better than wealth, you have to look after wealth, but knowledge looks after you. This is very important to understand, not just cramming it because it sounds interesting. bit.ly/3dvvD4h ~Soko Directory
Very true @RufasKe. Let them open up so that we (SMEs) get access to affordable credit. As long as the foreign firm is legit as per CBK I'm game. By the way thanks for your Financial Insights.
A Kenyan business will not stand a chance with a 1-month mobile app loan at 5% monthly against another firm in a foreign country getting 5% annually for a period of say 5 years.
Moulded within the realms of reality.@kahome_steve
If you struggle with sticking to your budget or managing your money, Here are a few things you can try:
Let me lock and load on this one...@mtucreativity thanks!
Small tips before we die… A Step by step guide to build a strong defensive portfolio in Kenya. Let me know your thoughts or questions
I need financial literacy. The books I've chewed are only in Sayansi... Thanks @kahome_steve .
In accounting, there is a difference between profits and cash flows.
This is a good piece of information that's probably overlooked. I need to review my notes on entrepreneurship.
You cant meet your working capital needs with profits. You need working capital. Also dont hold too much stock to avoid working capital problems
'It's cash that keeps a company alive & cash flow is a critical measure of it's financial health. You need people to run the business & you need a place for business, supplies and so on And you can't pay for all these with profits, because profits aren't real money. CASH is!'
Sure I'm all grown up now...
"Got the 14-inch display, the scanner, and the footrest underneath. Got the turbo button and I'm saving for the beige speakers. Y2K bug can't touch this, bro".
Who doesn't want millions...?
If I had to do it all over again and my goal was to become a millionaire in 5 years, this is exactly what I’d do:
Worth a try...
If I had to do it all over again and my goal was to become a millionaire in 5 years, this is exactly what I’d do:
Easier said than done boss...Discipline starts here.
Stock analysis is confusing, but it doesn’t have to be. There are 12 things to consider before you buy a stock. Let me break them down for you.
Absolutely true...
Hard skills get you hired. But soft skills get you promoted. 11 soft skills to accelerate your career:
Fear. FEAR. False Expectations Appearing Real.
I came across the concept of “Fear-Setting” from Tim Ferriss in 2017. I registered it as interesting, but didn't dive in until 2021, when I was going through my own big life changes that were scaring the hell out of me. Here’s what it is (and how it can change your life):
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