Managing business finances effectively is crucial for the success and sustainability of any business. Here are some key principles to guide you: 1. Separate Personal
Author: The Money Engineer
I am a finance professional with a background in engineering. I am passionate about helping people unlock their true potential through financial education.
Lessons from a Failed Soybean Venture: Navigating Commodity Market Cycles
Sometime last year, I decided to venture into soybean farming. I did it in the typical Ugandan corporate style. First, I went to YouTube and
Avoid costly stinginess
In our quest to save money, we often find ourselves pinching pennies in ways that might actually cost us more in the long run. While
Avoid bad investments
We’ve all heard the stories—someone puts all their savings into a hot new thing or juicy real estate deal, only to see it crumble and
Six Types of Accounts Everyone Should Have
Managing your finances requires the right accounts for balance. A checking account handles daily expenses, while a savings account acts as an emergency fund. A money market account offers growth and access to funds, and a SACCO account provides community-driven financial solutions. Additionally, an SCD account allows for efficient investment, and a retirement account ensures a secure future.
Is it better to be a manager in a large organization or the boss of your own small business?
Deciding whether to be a manager in a large organization or to be the boss of your own small business is a bit like choosing
Unlock your true potential 