❌ I DON'T RECOMMEND THESE SAVING AVENUES ❌

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  • Опубликовано: 20 мар 2024
  • THIS IS HOW YOU ARE SUBOTAGING YOUR SAVINGS: • YOU ARE SABOTAGING YOU...
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Комментарии • 525

  • @marykimatu4818
    @marykimatu4818 Месяц назад +85

    team lynn ndo kufika❤

  • @moseskiiru1610
    @moseskiiru1610 27 дней назад +72

    Just landed safely from Lynn Ngugi Republic.

  • @ChallengedNetworkofKenya
    @ChallengedNetworkofKenya 20 дней назад +18

    Could you please make a video of naming the best MMFs or the specific high interest rate savings options in Kenya.

  • @LucyJoseh
    @LucyJoseh 14 дней назад +7

    Following from Lynn too tupite na like watu wa LNN show

  • @audreyaluoch3002
    @audreyaluoch3002 21 день назад +29

    Wangapi tumetoka LNN? I swear I watched that session with a notebook and a pen.
    And this hit me "Being broke after impressing is not the same."
    "The goal is not to look wealthy it's to be wealthy."

  • @jacintawakahora9509
    @jacintawakahora9509 Месяц назад +8

    Thank you very much. we keep learning every day .I am acting on two of those saving avenues right away.

  • @HecProman
    @HecProman Месяц назад +7

    You're an oasis of financial wisdom and knowledge. I completely agree with what you said, I have no reservations whatsoever.

  • @user-zd5ei7sh5c
    @user-zd5ei7sh5c Месяц назад +4

    Great information Wanjiku ❤❤❤

  • @anneweta3805
    @anneweta3805 Месяц назад +4

    Thank you Susan. So insightful.

  • @preydy1259
    @preydy1259 Месяц назад

    This is very helpful Susan. Thank you and may God bless you abundantly.

  • @alicewambui5326
    @alicewambui5326 Месяц назад +1

    Thank you Susan..keep them coming❤

  • @flonzoera1583
    @flonzoera1583 Месяц назад +2

    Thank you coach Sue for this vital information.

  • @HildaSebuhinja
    @HildaSebuhinja Месяц назад +3

    Following from Uganda. I love love love!

  • @alicewambui5326
    @alicewambui5326 Месяц назад +2

    Insightful..kerp them coming.❤

  • @wehavebeen7450
    @wehavebeen7450 Месяц назад +22

    SASRA only kicks in regulating when the deposits of a SACCO hit 100m Kes, otherwise registered SACCOs are regulated by the ministry of cooperatives.

    • @smc88ksg77
      @smc88ksg77 24 дня назад

      YES

    • @elizaxxxc2252
      @elizaxxxc2252 24 дня назад

      Why does Transcom sacco not pay dependants the due, especially when the kids lose a parent. The staff there are cruel, do they know they will also die...

  • @robbinsleshira2329
    @robbinsleshira2329 Месяц назад +3

    God knows how much iv learnt abt this MMF.... I really appreciate Susan's knowledge matters economics, I had subscribe straight away😅

  • @dougK2023
    @dougK2023 Месяц назад +1

    Great Job Susan- very useful info!

  • @MariahG959
    @MariahG959 Месяц назад +2

    Learning alot from this channel thank you so much Coach❤

  • @wambuicess7210
    @wambuicess7210 Месяц назад +4

    Here after Lynn Ngugi's interview. Ready to learn.

  • @linetnyokabi5335
    @linetnyokabi5335 Месяц назад +2

    So informative.Thankyou for this nugget of wisdom

  • @beatricenjeru7888
    @beatricenjeru7888 Месяц назад +7

    Team lynn we are here this is so nice i got this at right time

  • @joanaigoki
    @joanaigoki Месяц назад +1

    Thanks Susan for opening my eyes on financial literacy God bless.

  • @karenmuka2059
    @karenmuka2059 Месяц назад +2

    Very useful information especially Chamas and merry go rounds. Thanks Coach much appreciated.

  • @luciakabui3151
    @luciakabui3151 Месяц назад +2

    Gal! Banks and Chamas will hate you for this. Thank you. Umetuchanua. Blessings.

  • @susankonditi1668
    @susankonditi1668 29 дней назад +11

    Joined MMF this year and what i've learned is it needs lumpsome(huge amount) cash for higher interest.Good thing is it instills a saving culture .

  • @mercykaranja6726
    @mercykaranja6726 Месяц назад +5

    Bumped to this great information and subscribed.

  • @alicekanyana7277
    @alicekanyana7277 Месяц назад +19

    Our weekly financial Literacy doze! what can we render?..Nothing. We thank you coach❤

    • @sommywonderglobal
      @sommywonderglobal Месяц назад

      You can render something o. Send her dollars. 😅

    • @luciakatini3938
      @luciakatini3938 Месяц назад +1

      What is the best method to invest for someone above 60 having a cash of a million?

    • @ltspossible
      @ltspossible Месяц назад

      ​@@luciakatini3938 Money market fund. She has repeated this in the whole video

    • @luciakabui3151
      @luciakabui3151 Месяц назад

      ​@luciakatini3938 Hi Lucia. Your namesake here with same question. I hope we get answers.

  • @raymondmutai6613
    @raymondmutai6613 Месяц назад +2

    Hi Susan, Thanks for the very informative message.

  • @diponjuru8746
    @diponjuru8746 Месяц назад +1

    Landed here from LNN channel. Thank you Sue

  • @shadrackotachi7956
    @shadrackotachi7956 Месяц назад +1

    Quiet good education. I love your eloquency and deep teaching. Thank you.

  • @abdallahkweyu7277
    @abdallahkweyu7277 Месяц назад +4

    Thank you coach good guidance on financial matters

  • @rosemarywanjiku8138
    @rosemarywanjiku8138 Месяц назад

    Thank you our coach for enlightening us

  • @margaretmbulya3856
    @margaretmbulya3856 Месяц назад

    Thanks Susan you are God sent,an eyes opener,God bless

  • @danielakech
    @danielakech Месяц назад +15

    Thanks Susan. It would be worthwhile to have a breakdown of the management fees (or expense ratio) charged by local MMFs.

  • @SweettoothMarie77
    @SweettoothMarie77 Месяц назад

    Thanks for this guidance!

  • @keziahgathoni5902
    @keziahgathoni5902 Месяц назад +1

    Thank you wanjiku...for sure I could been so far if I learned about finances long time ago.. I've been in chamas and sometimes warukwa and delays before you are paid

  • @user-yc3xp3mx5y
    @user-yc3xp3mx5y Месяц назад

    Thank you for sharing this.

  • @user-gd9zf5ll2j
    @user-gd9zf5ll2j Месяц назад +2

    Waoo,been following u here in Uganda, good ideas, thank you suzan

  • @terryshiro5342
    @terryshiro5342 26 дней назад

    Just landed from Lynn ngugi Chanel now here I'm want to learn more about my money 😅

  • @user-pp3pe4dd1w
    @user-pp3pe4dd1w 27 дней назад

    I was very inspired when I watched your show in Lynn ngugi's channel and here I am to learn more.

  • @lucygichuhi3483
    @lucygichuhi3483 Месяц назад +2

    Hi. I really like your introduction about the Legacy Hub. Much beetter than the previous ones

    • @susan.wanjiku_
      @susan.wanjiku_  Месяц назад

      Thanks Lucy. We keep learning and growing.

  • @alwidosarah3790
    @alwidosarah3790 17 дней назад

    Watched from Lynn today and glad to join the family here

  • @screechiesymo3690
    @screechiesymo3690 21 день назад

    This is an eye opener, keep up the good work

  • @moseslongole6328
    @moseslongole6328 Месяц назад

    Very important information. Thanks Sue

  • @RMBOB-kg4bh
    @RMBOB-kg4bh Месяц назад

    You are spot on, earlier I was in 5 groups and contributed monthly. 20-30 years later they all collapsed leaving only plots which have been invaded or lost in one way or the other. Compounded interest opportunities wasted:

  • @Margaretmwangi-fh8lb
    @Margaretmwangi-fh8lb Месяц назад

    Thanks so much for such informative session. Blessings looking forward for more eye opening sessions

  • @teresiahnganga6709
    @teresiahnganga6709 Месяц назад

    Very informative. Thanks. Sharing in our family platform

  • @derrickirimi9343
    @derrickirimi9343 Месяц назад +5

    Thanks a bunch coach

  • @elizabethmuchai5492
    @elizabethmuchai5492 25 дней назад

    Waaaaoo, blessed daughter of Zion, thank you so much for enlightening me among many mankind. God bless you mightily.

  • @ben2252
    @ben2252 Месяц назад +11

    Thank you Susan .You opened my eyes 4 years ago..doing pretty good financially. God bless you.

  • @eucabethmanyibe8160
    @eucabethmanyibe8160 29 дней назад +1

    Thank you for educating us. You are so brilliant

  • @hellenwairimu2471
    @hellenwairimu2471 Месяц назад

    Great financial coach.God bless you for the info.now i understand.

  • @JerryBrown892
    @JerryBrown892 27 дней назад +3

    I don’t regret having an MMF and now i need to be more active. Thanks Susan for this info

  • @Nellie_Akungu
    @Nellie_Akungu Месяц назад

    Good content Susan, this is actually very true, especially the mary go round and Chamas, the quality of your videos are top notch. Would you kindly share the tools you use for recording.

    • @susan.wanjiku_
      @susan.wanjiku_  Месяц назад +2

      Hello Nellie, I used to use an Iphone 13 pro when I started the channel. Now I have a videographer. I believe he uses a Canon Camera, I am not so sure of the make or model. I will ask then circle back here.

    • @Nellie_Akungu
      @Nellie_Akungu Месяц назад

      @susan.wanjiku_ thank you..I appreciate the feedback Susan

    • @KazunguBaya-ef3pc
      @KazunguBaya-ef3pc Месяц назад

      Hello Susan I have 700k sitting in my mpesa,earning 0 ksh , am still working in qatar and still saving.till now i have no idea what to do with my money .

  • @LloydWamai
    @LloydWamai Месяц назад +5

    Thanks for the information. Really insightful. May i also add that the "insurance" savings packages or "insurance investment" packages are also not ideal. Essentially, they are usually very expensive when it comes to management fees, and give really low interest. Incidentally, the companies buy treasury bonds and bills. The endowment ones are even worse

    • @winniebaraza4163
      @winniebaraza4163 Месяц назад +1

      The purpose for insurance is to cover you incase of unforseen circumstances, hence the low rates. They are NOT investment avenues

    • @LloydWamai
      @LloydWamai Месяц назад

      @@winniebaraza4163 i completely agree with you. However, for a good while they were packaged as investment vehicles. They would be sold as life insurance plus school fees investment on maturity.

    • @samiramishy6818
      @samiramishy6818 Месяц назад

      The ones your talking about these are insurance savings plans and not investments. These are saving plans which gives you a free life cover incase of eventualities hence low interest. But if you are looking for investments, just invest in money market or fixed income fund. We offer them at Jubilee Insurance. We are at 15.69% as at 22nd March 2024 for Jubilee Fixed income fund and 15.35% for Jubilee money market fund as at 22nd March 2024.

  • @happiness_713
    @happiness_713 Месяц назад +1

    I keep learning everyday... Thank you very much 💕 for your information, it's so educative 👌

  • @johnmacharia314
    @johnmacharia314 Месяц назад +1

    @John mash
    You just are amazing...
    The is great to only those who will put it into action..
    Your advice and training is really useful.
    You truly deserve 👏.
    Keep it real.
    Thank you Susan

    • @solomontowett9231
      @solomontowett9231 Месяц назад

      We have a chamas in the village which working miracle and the members regulate themselves

  • @mnjaro
    @mnjaro Месяц назад

    Thanks for the enlightenment

  • @lilyn014
    @lilyn014 Месяц назад +1

    I always look forward for Fridays & you know why 😊! Thank you Susan for this channel 🙏
    What's the best avenue for group savings?

  • @mildredmiti2786
    @mildredmiti2786 Месяц назад

    thanks for this information very helpful I want to believe that you are calling a chama merry go around is what we call village banking here in Zambia . My take is that most people fail because they don't have a plan for their savings in village banking. some people have achieved a lot through village banking . i however agree that village banking does not factor in inflation

  • @samuelgicharu2351
    @samuelgicharu2351 21 день назад

    Awesome enlightened, be blessed and keep it up

  • @ChrisSuji
    @ChrisSuji Месяц назад +4

    I randomly came across this video and I watched it till the end and now am a new follower of this great channel. 🎉😊

  • @albertdemba9984
    @albertdemba9984 Месяц назад +3

    Kidogo nidhani umetuacha bila coaching. Finally. thanks coach
    🎉

  • @judylesingo3289
    @judylesingo3289 Месяц назад +16

    Team Lynn here , teach us how to join mmf watu awako Kenya wako gulf country sisi ndio tunateseka kwa kusave

    • @glorymutwiri3985
      @glorymutwiri3985 Месяц назад +2

      Banks offer mmf investment e.g. NCBA bank, standard chartered bank. Just want into the bank and ask to open mmf and they will guide you from there

    • @mleyamathenge5
      @mleyamathenge5 29 дней назад +1

      Watu wa gulf contact banks that international banking like stanchart bank

    • @mwany1
      @mwany1 24 дня назад

      Contact me ...CIC money market fund..Great

    • @samuelnyoro6859
      @samuelnyoro6859 23 дня назад

      Which is the best mmf,watu wakiwa gulf?

    • @hellenmunguti6730
      @hellenmunguti6730 19 дней назад

      thanks

  • @denningkamau256
    @denningkamau256 24 дня назад +1

    oozing pure wisdom .. congratulations

  • @kyokushabashine7193
    @kyokushabashine7193 27 дней назад

    Thank you for this information.much learning here

  • @itsmethaphy6322
    @itsmethaphy6322 Месяц назад +2

    tell us more about money market fund please on your next video. I subscribed with a bell . youre making a difference . muchlove coach

  • @lucynluyali573
    @lucynluyali573 Месяц назад +2

    Thanks alot coach

  • @angelinelowasa9126
    @angelinelowasa9126 Месяц назад

    I'm very poor in saving,thanks for the insight.

  • @evanswanyanga9648
    @evanswanyanga9648 Месяц назад +4

    Very informative indeed.

  • @WambuiGithinji1809
    @WambuiGithinji1809 Месяц назад +3

    Thank you so much coach Susan. I live in Germany and you have tought me a lot about financial management, i also started investing in the stock market here something i never thought i could ever understand. Thanks alot and God bless you.

  • @clementinenyangaga7423
    @clementinenyangaga7423 28 дней назад

    Already visited CBK. Thanks to you and Lynne. Wish I knew you kitambo

  • @pasilionjiru2647
    @pasilionjiru2647 Месяц назад

    Very insightful indeed

  • @chrisogonas
    @chrisogonas 28 дней назад

    Incredible practical money lessons from this session! Thanks Sue

  • @melissagitts
    @melissagitts Месяц назад

    Super super informative! 🤍

  • @janecheps7933
    @janecheps7933 Месяц назад +1

    Thanks alot. You had promised to talk about which avenues you recommend,when will you do that.

  • @yvonnemuriithi3840
    @yvonnemuriithi3840 25 дней назад +2

    new follower from Lynn Ngugi.... very sane and sound advise

  • @julietabuya292
    @julietabuya292 Месяц назад +1

    informative Sue,Thankyou very much

  • @helleneoti
    @helleneoti Месяц назад +3

    Thanks for chanuaring us yet again🎉

  • @patrickkamaukimani5797
    @patrickkamaukimani5797 27 дней назад

    Those insights are very informative,, am glad i watched you at Lynns show,,and now learning day by day.Appreciated

  • @alicemumbi7585
    @alicemumbi7585 Месяц назад +2

    This really helped me while i watched you @Lynn
    While saving 8k monthly at a Merry go round only to have 100k after a year
    Now i want to concentrate on this idea
    Blessings Susan .. You're God sent especially for some of us in gulf countries

  • @gracekimani6133
    @gracekimani6133 7 дней назад

    Thank you Susan, deep insight here, sharing this right away

  • @hellenasava8640
    @hellenasava8640 28 дней назад +1

    Thank you Susan and I’m looking for one to start my savings

  • @sharletmusyoki4013
    @sharletmusyoki4013 28 дней назад

    This chama thing has been mine for so long😢😢😢, wake up time, thank you coach Susan

  • @wangeciosteen8006
    @wangeciosteen8006 Месяц назад +2

    Thank you Susan 🙏🏾🙏🏾

  • @user-jb5eu1gs3l
    @user-jb5eu1gs3l Месяц назад +1

    Thanks Suzzy ,your are such an eloquent sensitiser ..keep up the noble service and may God bless your endeavours....do you have physical location that someone can seek consultation from?

  • @bejokergcontractors
    @bejokergcontractors 21 день назад +2

    Not all Sacco are regulated by SASRA, Sasra only licenses sacco that has 100m and above. The rest are under ministry of cooperatives and they are regulations that guide them

  • @Remarkpeace
    @Remarkpeace 29 дней назад

    You are making sense to me. Thank you. Im looking forward to make changes towards compound rate is what i forgot when i put my money in the bank, i will make another route.

  • @lilianmaina7805
    @lilianmaina7805 Месяц назад +4

    Always such a great learning experience!Thanks Coach😊

  • @josephgachagah-jh4bp
    @josephgachagah-jh4bp Месяц назад

    thanks for the information,also teach us about money market funds

  • @kuttomoses
    @kuttomoses Месяц назад +2

    Awesome info thanks so much for The great info. How much do I need for Money market

  • @rosekaburia5217
    @rosekaburia5217 6 дней назад

    Here courtesy of Lynn Ngugi. Most importantly, for your wisdom as a young lady!❤

  • @aliceachieng7743
    @aliceachieng7743 Месяц назад

    Great information .im in a chamaa and we have been wondering what investment to have.from this video i can see we have options

  • @rahabnjeri7859
    @rahabnjeri7859 24 дня назад

    I watched you on Lynn ngugis page
    You are amazing learned more and got to understand so much

  • @Judy4Christ
    @Judy4Christ Месяц назад

    THANK YOU SUSAN MY MENTOR AS FROM LEO SAHII.GOD BLESS YOU❤❤❤

  • @raelpstceventsnjogu5329
    @raelpstceventsnjogu5329 6 дней назад

    Thanks young gal,big up
    Knowledge is power

  • @bilhamuthoni7008
    @bilhamuthoni7008 Месяц назад +3

    Hey ..thanks for the insight..I feel the other savings options were not comprehensively covered.. would take us through.. specific money markets to invest.. thanks

    • @susan.wanjiku_
      @susan.wanjiku_  Месяц назад +2

      I have a whole video on Money Market Funds on this channel. Please look for it. It’s called a “Money Market Funds Crash Course”.

  • @RonnyAwuor-qn2wg
    @RonnyAwuor-qn2wg Месяц назад +15

    When you mentioned the app. It hit me really hard😢. I' m going to withdraw my money. Thanks for the advice 🙏

  • @leonardkimani3721
    @leonardkimani3721 Месяц назад +2

    Merry go round...my friends started at the beginning of this year when dollar was so high and with that first member enjoyed high rates, second member once she got her money the difference after converting money in ksh had lost ksh50,000, third member and consequent don't even mention in comparison to what first member took home.

  • @faithkisiangani5702
    @faithkisiangani5702 27 дней назад

    From Lynn ngugi platform ❤🎉