Balanced Fund:

Buying Price: 6.5056

Selling Price: 6.3161

Money Market Fund:  9.0% pa

Personal Pension Fund

Price: 17.0921

Guaranteed Pension Fund: 9.0% yield




AGM 2015


Quote of the week:” Money is only a tool. It will take you wherever you wish, but it will not replace you as the Driver~Ayn Rand 

Ensure your inflows exceed your outflows 

This can be achieved by both spending less and earning more. By working on, either or both of these areas, you can increase the surplus and in the process attain financial freedom. Discipline yourself to live within your means. 

Increase your Personal Finance Knowledge

Read as much as you can on topics relating to personal finance. The internet is full of useful information on personal finance and you should try and make use of it. Also, seek the advice of experts in the field, especially those who are licenced to provide such services to the public. If No matter what you are doing, there is some way you can learn more and improve yourself. 

Do not put all your eggs in one basket- Monetize Your Passions 

Having multiple income streams usually means that losing one of them (failure of your new business) causes less devastation in your life. 

It also means your current overall income will increase. Passion motivates people and equips them to give the best of themselves. Seizing the opportunity to change one`s hobbies into money making activities will provide you with a painless way to diversify your income stream. 

Keep Your Personal Networks Alive 

If you successfully build a bridge with someone, do not let it get old and worn out, spend the time to keep in touch with that person. Set a schedule to email or call your contacts every once in a while just to see what they are up to. When it is clear they need help and you can easily provide it, always provide it. Whether one is extroverted or introverted it is often a challenge for most people to initiate and then keep communication going with someone. However, doing this is well worth it especially if the people you invest your efforts in are financially successful themselves. 

Invest in Positive Habits 

A habit is often formed after 21 days of continuously repeating an action and with time this forms character. Acknowledging and harnessing the power of routine can make attaining wealth simpler. Learning to pay yourself first is easier when you make it a habit, so is paying off your debts in time. 

The more you learn to internalize these virtues the easier it becomes to accumulate savings, and eventually with the right investments, attain financial freedom. 


You can send your comments or questions to This email address is being protected from spambots. You need JavaScript enabled to view it. , or visit our offices at Ecobank towers, 7th floor, Muindi Mbingu Street for more information on financial planning. You can also follow us on our facebook page- Zimele Asset Management (Kenya)