Abojani Investment

Working hard? Amazing. It is worth noting that wealth isn’t just money—it’s health, relationships, and freedom. It is enjoying like with an all rounded approach. ✔️ Budget downtime into your life. ✔️ Invest in skills that increase your value (so you work less but earn more). ✔️ Set financial boundaries—learn to say no. You can’t pour from an empty cup, no matter how big the hustle.

Goal setting is a psychological tool that motivates action by giving you a clear sense of direction. Short-term goals provide quick wins and build momentum, while long-term goals paint a picture of the future. By setting specific, measurable, and realistic objectives, you create a structured path to success. The key is to stay consistent, track progress, and adjust your goals as needed.

When your income isn’t fixed, budgeting can feel impossible but it really isn't. Here’s a quick strategy: 1. Identify your baseline needs: Rent, bills, food—know your monthly minimum. 2. Save more during high-earning months: Set aside 20-30% more of your income to smooth out the lows. 3. Plan quarterly, not monthly: This helps manage income dips and spikes. 4. Prioritize an emergency fund: Building a cover of least 3-6 months of your baseline needs will help you during unexpected dry spells. 5. Separate fixed and variable costs: Identify which expenses are fixed (rent, insurance) and which are variable (entertainment, dining out). During lean months, you can reduce or eliminate variable costs to stay within your means.

Those in business have a lot they can learn from the NCBA Group Business model, especially on diversification. The bank has mastered the art of ‘having multiple irons in the fire’ by spreading their options and not relying solely on one business line Beyond its core banking operations, the institution has expanded its reach into areas like bancassurance, insurance, asset management, and more. Currently, the Tier 1 lender stands as the most diversified listed bank. #NCBATwendeMbele #GoForIt

Bonuses, tax refunds, cash gifts? Resist the urge to splurge and stash them into your emergency fund instead. This way, you: ①Stay ahead of emergencies: Ensure you’re prepared without relying on debt. ②Less stress: Reduce the anxiety of life’s uncertainties. ③Build discipline: Saving windfalls teaches you the habit of prioritizing future goals over instant gratification. Next time you’re handed an unexpected financial boost, pause before spending. Redirect it toward your emergency fund—you’ll thank yourself later.

That “earn money while you sleep” line sounds great, but in your financial independence journey, it takes work upfront. ⒈ Investing requires research You can’t just throw money at the latest trend or the next “big thing” without understanding what you’re getting into. Smart investors take time to understand markets, assess risks, and analyze opportunities. The better informed you are, the more likely your investments will generate meaningful returns. ⒉ Compounding works best with time That’s why starting early is key: it gives your investments room to grow exponentially. The sooner you begin, the more time you have to let compounding amplify your gains. ⒊ Quality over quantity In both investments and financial decisions, it’s not about how much you’re doing but how well you’re doing it. A few carefully selected investments with strong potential will serve you far better in the long run. The payoff? Once you put in the effort, you can build streams of income that free up your time later.

How to create a winning financial routine: ✅ Start ✅ Stay calm ✅ Focus on one thing ✅ Remove distractions ✅ Break goals into steps ✅ Stay consistent every day ✅ Take action without overthinking So, make sure you: ✅ Take the first step, no matter how small. ✅ Avoid stressing, since progress takes time. ✅ Prioritize one financial goal at a time. ✅ Eliminate habits or influences that derail your financial progress. ✅ Divide big goals into manageable, actionable steps. ✅ Build habits that align with your goals. ✅ Don’t let fear or doubt hold you back, just do it.

There’s no magic formula or an endless number of ways to increase wealth. Asset allocation is one of the most effective strategies to build and protect your wealth over time. The way you distribute your investments across different asset classes (stocks, bonds, real estate, etc.) plays a pivotal role in determining your risk and return potential.

A new year brings a sense of hope and fresh possibilities. We make grand plans, set ambitious goals, and envision a better version of ourselves - healthier, happier, and more financially secure. But here’s the thing about new beginnings - they don’t happen on their own. Life has a way of testing even our best intentions. Something within, or outside our control, like an emergency, can easily throw us off track. Before we know it, those financial aspirations start to feel out of reach, slipping further away with each passing day. What if 2025 could be different? Branch International

Consumer Spending is the most important short-term determinant of economic performance. Consumers spend based on how much they earn (Income) and sometimes how much they can borrow (Credit) Earlier today, Abojani Investment joined the ICEA LION Group team for the release of the Fourth Quarter 2024 ILAM Consumer Spending Index, The index is aimed at tracking consumer spending as a gauge of the trends in the real economy. It is based on interviews with approximately 1,200 consumers and over 200 retail businesses in major urban centres across the country. Here are a few things to note from the Fourth Quarter 2024 ILAM Consumer Spending Index, 1. Individual spending trends rose marginally by 1% in the final quarter of 2024 compared to the third quarter. And for the second quarter in a row, male spending trends picked up more than female spending trends. 2. But despite this, retail sales stayed relatively flat—just barely edging out Q3 numbers. It seems that while people were buying gifts and holiday essentials, overall retail activity didn’t see a big boom. 3. In terms of income, the real estate and construction sectors saw the biggest jumps. A notable 29% of people in these industries reported earning more, thanks to new jobs, while another 28% credited side hustles as the reason for their pay increase. 4. Things were tougher for workers in the wholesale and retail sector. A whopping 33% reported a dip in their income, with many blaming underperforming businesses or investments for the slump. 5. Overall, the ILAM Consumer Spending Index rose by 2% in the final quarter of 2024, driven by a slight improvement in both individual spending and retail business sales. While the data shows a modest improvement in consumer spending, it also highlights some deeper challenges people are facing—especially in sectors like retail. It seems that the holiday cheer didn’t quite translate into the kind of spending surge that businesses might have hoped for. Robert Ochieng FA Eunice Wachira Mwaniki Muthoni #ConsumerSpendingIndex #ICEALIONAssetManagement