Mwalimu Biashara E-learner; bilingual; e-learning; money; finance
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
African (General) Kenyan (East Africa)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
A warm welcome to you. Let's take a bird's eye view of what this is all about and how it will look for you. We have inflows take you want to add an inflow, you are an employee who gets employment income inform over salary. This comes on a monthly basis and we can use a figure say 200,000 shillings. You update your treasure chest, you probably have a second line of income where you have a business. You can specify the nature of that business. Here, let's work with an uber business. This gets you income not only on a monthly basis, but on a weekly basis. We can work with 7000 shillings if we take a quick snapshot of your income and yes 86% of your income comes from employment income and 13% comes from your business income onto the outflows. We can add some outflows. Let's talk about day to day expenses where you are paying rent on a monthly basis, call it 40,000 shillings. You probably also have some dependence. You have a child whose fees you are pay. This solution also gives you an option to specify your child's name. You pay fees on a quarterly basis. We're talking 120,000 shillings every term at this point, you can quickly look at how you're out flaws are analyzed. They have a pie chart showing your income tax dependence and your day today you will notice taxes were computed automatically, brilliant. We have also incorporated a functionality to manage your loan obligations. Let's say you got a loan from Kenya commercial bank. The original amount was a million shillings, which you're paying at a rate of 14% over a 16-month period. This loan was taken say Two years ago, that's 2020 February. When you add alone two things happen. The monthly repayments have been automatically computed and secondly, if you look at a snapshot, it shows that in addition to the other outflows, the monthly loan repayment has been updated in your treasure chest. This report can be printed emailed or saved for future reference. It can also be discussed with your support system and even with the banks, what's more we have availed a load of videos in our learning store which give you lifetime access and you can revisit at your own convenience. We start by explaining why you should consider engaging with us. Next we go through your challenge number one enough challenge Number two helps you in understanding the income streams, challenge Number three highlights the various levels of an investor and guides you to place yourself at the level you are at challenge. Number four, are you richer or poorer than you think The answers are distilled as well, explore the fast part inflows. The second part of challenge. Number four analyzes your outflows in detail, revealing areas, you can make savings. Lastly, we present our detailed curriculum to step you up to the next level of your personal financial management journey