fbpx
Potentash
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books
No Result
View All Result
  • Login
Potentash
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books
No Result
View All Result
  • Login
Potentash
No Result
View All Result
Finances: The 7 Money Personalities You Should Know About

image of https://www.istockphoto.com/search/2/image?phrase=black+people+holding+money

Money Matters: Why You Need To Be More Intentional With Your Personal Finances

Mumbe Mutanu by Mumbe Mutanu
21 July 2018
in Personal Finance
Reading Time: 3 mins read
24 1
3
30
SHARES
168
VIEWS
FacebookTwitterWhatsApp

Kenya as a whole is deep into a financial crisis and that translates to us the taxpayers being in distress too therefore intentionality is a tool that is crucial to have during these times. Time and over again through books and online spaces, we have been introduced to this term which loosely means to be aware, to be informed, and to be deliberate. Being intentional in this case is to be able to reclaim your power by choosing where your coins go and ultimately who they will benefit.

Generally, the popular notion is that people are aware of where their money is going but that is far from the truth because once you delve deeper you realize on our quest for survival we pay bills by default (which is all you can do sometimes) but not always. Avenues exist where we all have the full freedom to choose and decide about our hard-earned money especially here where brands thrive through minimal differentiation of their products without any actual difference in the final product.

An intention for example to reduce one’s monthly expenses means that the said person will make it a point maybe to walk to work, buy ordinary bar soap because its sole purpose is cleaning clothes or even move from your current neighbourhood to a cheaper one. This will mean that you will be on the lookout for sales and discounts in order to achieve your set goal. Intentionality ensures that even before you sign up for car insurance you have shopped around at length and understood what type of cover suits you best and why. One can go further and be intentional with the number of expenses they want to cut back and ultimately how they intend to utilize the extra money that they gain.

Additionally, besides cutting expenses one can be deliberate with investments. Time and again there’s the hype of a particular investment opportunity, recently cryptocurrency (bitcoin) was the trend that most people chose to go with simply because of its popularity. An investment’s popularity has no direct correlation with its feasibility most of the time and it is therefore upon the investor to educate themselves about investments and what will most work for them. Our needs vary, thus investments are diverse and therefore being aware of every detail ensures you make great use of your savings set aside for investment purposes.

 

Image from https://www.kiplinger.com/quiz/saving/T065-S001-the-personal-finance-quiz/index.html

Investments and expenses are only a portion of our finances and I believe by applying the same mentality we will be in a place able to account for each shilling. Through intentionality, you are able to decide what corporate deserves your money and hence you don’t fund discriminative organizations or those whose values (say on the environment) do not align with yours. We work extremely hard for our money and we should try and have complete authority over what happens to it and who benefits from it. Every shilling’s purpose should always be known and that is only achievable by being intentional.

Here are Essential Retirement Moves To Make In Your 20’s And 30’s

Now You See It, Now You Don’t – Tips For Financial Prudence

Share12Tweet8SendShare2Pin3
Previous Post

Entertainment: Kenya Will Be Hosting An International Sports Film Festival In November

Next Post

The Challenges That Social Entrepreneurs Face In Kenya

Mumbe Mutanu

Mumbe Mutanu

Caroline Mumbe is passionate about anything money related. She is an entrepreneur and writer who enjoys simplifying financial concepts and making sure people lead their best financial lives. She reads a lot and knows the best coffee joints in Nairobi.

Next Post

The Challenges That Social Entrepreneurs Face In Kenya

Please login to join discussion

Recommended

Yummy, Easy To Make Bacon Recipes

Yummy, Easy To Make Bacon Recipes

19 November 2014
630
Anxious Girl - Anxiety in children

Parenting: Anxiety In Children – Symptoms And Strategies To Help

3 September 2021
57

Popular Stories

  • Frustrated Black Woman Leaning Against The Window

    Single Lady In Nairobi: With Men Like These I Would Rather Be Single

    5112 shares
    Share 2045 Tweet 1278
  • She Was Tired Of Being A Single Parent – One Day Things Boiled Over And She Told Off Her Husband 

    59 shares
    Share 24 Tweet 15
  • Relationships And A Tolerable Level Of Permanent Unhappiness

    310 shares
    Share 124 Tweet 77
  • The Singlehood Series: He Went On Vacation To Dubai With His Mum’s Best Friend

    46 shares
    Share 18 Tweet 11
  • The Singlehood Series: We Became Friends After She Caught Me With Her Boyfriend

    31 shares
    Share 12 Tweet 8

Potentash Blog

Potentash is an award-winning lifestyle blog. We publish lifestyle content that intersects with health, women, beauty, travel, business, relationships, finances and entertainment.

Explore

  • The Singlehood Series
  • From Stairs To Ramps
  • Man Around Nairobi
  • Pearls And Heels
  • Personal Finance
  • Food + Beverage
  • Editor’s Pick
  • Reviews

Get the Potentash Newsletter

  • Newsletter Archive
  • Subscribe
  • Frequently Asked Questions
  • Privacy Policy
  • Contact Us

Copyright © 2023. Potentash, In Partnership with Decima

  • Login
No Result
View All Result
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books

Copyright © 2023. Potentash, In Partnership with Decima

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In