form_structure_1=[[{"form_identifier":"","name":"fieldname3","shortlabel":"Year of birth","index":0,"ftype":"fnumber","userhelp":"","userhelpTooltip":false,"csslayout":"","title":"Year of birth","predefined":"","predefinedClick":false,"required":true,"readonly":false,"size":"small","thousandSeparator":"","decimalSymbol":".","min":"","max":"","formatDynamically":false,"dformat":"digits","formats":["digits","number","percent"],"fBuild":{},"parent":""},{"form_identifier":"","name":"fieldname5","shortlabel":"","index":1,"ftype":"fButton","userhelp":"","userhelpTooltip":false,"csslayout":"","sType":"calculate","sValue":"Calculate","sOnclick":"","fBuild":{},"parent":""},{"dependencies":[{"rule":"","complex":false,"fields":[""]}],"form_identifier":"","name":"fieldname1","shortlabel":"","index":2,"ftype":"fCalculated","userhelp":"","userhelpTooltip":false,"csslayout":"","title":"Years left to retire","predefined":"","required":false,"size":"small","toolbar":"default|mathematical","eq":"60-(2019-fieldname3)","suffix":"","prefix":"","decimalsymbol":".","groupingsymbol":"","readonly":true,"hidefield":false,"fBuild":{},"parent":""},{"dependencies":[{"rule":"","complex":false,"fields":[""]}],"form_identifier":"","name":"fieldname4","shortlabel":"","index":3,"ftype":"fCalculated","userhelp":"","userhelpTooltip":false,"csslayout":"","title":"Payslips left","predefined":"","required":false,"size":"small","toolbar":"default|mathematical","eq":"12*fieldname1","suffix":"","prefix":"","decimalsymbol":".","groupingsymbol":"","readonly":true,"hidefield":false,"fBuild":{},"parent":""}],{"0":{"title":"Do the math","description":"Enter your year of birth to calculate the number of years left for you to retire and also the number of payslips left.","formlayout":"top_aligned","formtemplate":"","evalequations":0,"evalequationsevent":"1","autocomplete":0,"persistence":0,"customstyles":""},"formid":"cp_calculatedfieldsf_pform_1"}]; PHOTO:COURTESY You have 420 payslips that should sort you out in your retirement years. What you do with them now is your choice and the repercussions…

Behavioral Finance – How we make decisions Here we seek to explore and understand how we make decisions including investment decisions; not how we are expected to make decisions but our actual behavior. Economic theory as given to us by Adam Smith, the father of modern Economics, assumes that we are rational beings meaning that we are risk- averse, self-interested…

The Rat RaceThe fear of being without money motivates us to work hard, once we start earning, due to our desires we start thinking about all the wonderful things money can buy. As we continue working hard and getting better pay, our desires also increase. Whatever we earn is spent and we are left with nothing. We repeat the pattern…

Investment is hope expressed financiallyOne of our master builders recently posted something to our TSAVO WhatsApp group which we call EXECUTE, that post summarises the financial education I have gathered over the last 15 years. I would like to share it. Investment is hope expressed financially Consumerism is insecurity expressed financially Debt is impatience expressed financially Risk is greed expressed…

Cash Flow is KingIf it has no cash flow, just say no. The words “invest” and “investments”  are misused and abused and in large measure by people to make themselves feel good about some expenditure of time, energy or money people use these words to make their otherwise wasted resource seem like it has gone to good use. What people…

A "Dream Job" Is an Illusion Once upon a time long, long ago, two ambitious young cousins named Mali and Sikini lived side by side in Rongai. The young men were best buddies and big dreamers. They would talk endlessly about how someday, someway they would become the richest men in the town. They were both bright and hard working.…

The Power Of ConsistencyAre you the kind of person who starts off strong but can’t find the motivation to finish with the same focused effort? Do you find yourself beginning a massive project only to let it taper off and fade away in the background? Sometimes it seems like the things we do day to day don’t have a large…

The Buffet WayKnown as the "Oracle of Omaha," Warren Buffett is one of the most successful investors of all time and also one of the richest people in the world. Here are some of the tips he gives to investors Rule No.1 - Never lose your money. Rule No.2 - Never forget Rule No.1. Like all great life lessons. Warren…

Starting with the ‘Why’“ Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all” – Dale Carnegie What is one of the hardest things you struggle with? Chances are, it’s something you love doing, which is easy most of the time but every…

Self-discipline and money“In reaching the lives of great men, I find that their first victory was over themselves.  Self-discipline came first” Harry Truman REASONS FOR FINANCIAL FAILURE  The primary reason why most adults have financial problems is not due to low earnings. The cause goes back to your childhood. When you were young and received money, your first thoughts were on candy! …