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Wealth Maximization: Managing the Key Drivers of Your Personal Finances – A Practical Example (Part 1)
In this blog post, we explore the financial journey of Kinuthia, a 24-year-old Kenyan professional with ambitious financial goals. Through a detailed analysis of his income, expenses, assets, liabilities, and cash flow over the first five years of his career, we help Kinuthia develop strategies to maximize his wealth and achieve his short and long-term…
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Kenya’s Economic Journey: Analyzing Growth, Development, and Challenges Through the Years
Kenya’s economy has undergone significant transformations since gaining independence in 1963. The government has implemented a range of economic policies aimed at spurring growth and development. This blog post provides an in-depth analysis of the performance of the Kenyan economy from 1963 to 2021 using a range of economic and statistical techniques. We examine the…
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Incentives and Expert Behaviour: The Consumer’s Perspective
In this blog post, we explore the incentives that experts face and their impact on the advice and guidance that they provide to consumers. The concept of information asymmetry, high-pressure sales tactics, and the importance of taking an active role in decision making are discussed in detail. Additionally, seeking out experts with a good track…
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Understanding Economics through the Works of Stephen J. Dubner and Steven Levitt
Stephen J. Dubner and Steven Levitt are renowned economists who have made significant contributions to the field of economics through their research and writing. Their books, including Freakonomics, SuperFreakonomics, Think Like a Freak, and When to Rob a Bank, provide unique insights into the world of economics and how it applies to everyday life. Through…