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Buying a home or an apartment is one of the largest and most significant purchases you’ll ever make, and doing it wrong will cripple you with stress and rob you of your other financial goals. So, protect yourself by knowing what not to do. This article tackles general mistakes anywhere not just in Nairobi or Kenya.

The assumption that paying cash for a large purchase like a car or home is automatically the best way to go is a bit flawed. If you're thinking about whether to finance a purchase or pay cash, this article is for you. When you are in the enviable position of having cash on

hand to invest or purchase something as expensive as a car, a boat, real estate or property in 2020, why would you willingly borrow money instead of buying the asset outright?

Rent, utility bills, debt payments and groceries might seem like all you can afford when you’re just starting out. But don’t be discouraged once you’ve

mastered budgeting for those monthly expenses (and preferably set aside at least a little cash in an emergency fund), it’s time to start investing in 2020. When you’re young investing is one of the best ways to build solid returns on your money. That’s thanks to compound interest, which means your
investment returns start earning their own return.

Currently urban populations in Kenya specially Nairobi are growing at a rate much faster than can be absorbed and managed, causing demands on services and infrastructure that massively outstrip supply. In many emerging market cities, this leaves the majority of residents with few options but to forget about real estates and live in slums.

When it comes to life and personal finance in general, you must see the positive side of every situation. The people that become wealthy during times of crisis are the people that seize opportunities when the economy is down, just as Warren Buffett wrote in the Times: “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful”

Saving and investing often are used interchangeably, but many new investors don't
understand that there is a difference. They have different purposes and play different
roles.

The first time you glance at a purchase agreement for the property you intend to buy or sell, you may feel overwhelmed. Often a lengthy document, the agreement may contain several unfamiliar terms and concepts. It is imperative that you fully understand these concepts before you sign.

By definition, a mortgage is a loan from a bank or a financial institution at an interest where the property is the security. The mortgage agreement gives you ownership of the property, and you can move in as soon as the mortgage is approved and payment is made to the property owner.
Yet, until the completion of payments are done, the bank will own the property.

     Nairobi, the green city under the sun, originated in the late 1890s as a colonial railway settlement, taking its name from a water hole known to the Maasai people as Enkare Nairobi (“Cold Water”). Unsurprisingly, Unsurprisingly, Kenya’s capital -Nairobi- is the only city that has a National Park in the World. Yet, the reaper of pollution knocked the door of Nairobi right at its center.

As a matter of fact, It’s indeed hard to rely on a 9-5 job for your
entire livelihood with layoffs and pay cuts always right around the
corner. More over, funding for your retirement should be considered as
well. Investments can go a long way in supplementing your retirement
savings or pension, hence more income streams equals more security.

Traffic along Mombasa road is well known and to some extend has discouraged some

home buyers from considering the location. However, the Government is in the process
of upgrading Mombasa road to a double decker highway.

You bet. Real estate investment is a tricky business. This is why we have made it possible and easy to stay in the top of the process. Real estate is seen as one of the surest investment options. However, there are risks involved. Reuben Kimani, CEO of Username Investments, spoke to Jacqueline Mahugu
on what you need to know before you take a plunge. 

In today's world with its constant finance fluctuation, a need for a way to invest and safely save money is risen. There are many way to invest your money out there such as stock market, investment bonds, mutual funds, saving accounts and physical commodities. Each one has its own pros and cons and its complexity and risky levels that is if not proceed with caution and knowledge, it will have a negative return instead.