Social

How to Calculate Your Net Worth Based on your Social Media Followers

The age of owning physical assets died with the birth of Mark Zuckerberg, and only dynasties have tangible assets. Today’s young person has nothing to show at the age of 30, not because they are poor, but because they have different kinds of assets; social media followers. The number of followers you have on Twitter,

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Social

See a Therapist if you are Perennially Broke

Experts now want you to see a therapist if you are always broke and your default response to all financial obligations is ‘I am expecting some money.’ Noting that most people are always broke but have ready explanation for why they are broke, the experts warned that this habit should not be normalized and instead,

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Economics

ICPAK drops Generally Accepted Accounting Principles (GAAP) in Favor of Carefully Rigged Accounting Principles (CRAP)

The Institute of Certified Public Accountants in Kenya has finally taken the bold step to demystify accounting and ‘tell it as it is’, by revealing the insider tricks used to create the revered books of accounts. In an attempt to help the mere mortals who cannot tell the difference between debit and credit, ICPAK has

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Education

Secondary School Students to Receive Monthly Allowances

The Government of Kenya will soon start paying high school students for simply being in high schools! Secondary school students in Kenya will start receiving monthly allowances as the Ministry of Education comes up with innovative ways to instill money skills and also deal with the long absence from schools as a result of Covid-19.

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Governance

HELB Promises to Refund all the Money it has Collected for Compliance Certificates

The Higher Education Loans Board in Kenya has finally seen the light. In what appears to be a Zacchaeus moment, the Board has promised to refund all the money it stole from non-beneficiaries who were forced to seek for compliance certificates when looking for jobs. For years, HELB has been forcing people who did not

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