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IS YOUR MONEY SAFE? Tips to help you protect your cash

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The recent happenings at Chase Bank, Imperial Bank and Dubai Bank demonstrated that banks might, after all, not be the safest places to put our hard-earned money. But they are a necessary evil and so we cannot run away from them. How then can we safeguard our money to ensure minimal risk whether it’s on misfortunes we can control or not? This article provides the answer to that question.

Track your expenses: You might be doing everything to protect your money from outside forces when the real culprit is you. Discretionary expenses – money spent on things that are not essential for operation of your home such as dining out, gym, beauty products and so on – really eat into our income and hence lots of money is lost here. Comb through your discretionary expenses and determine where you lose money that could otherwise go into saving or investments.

Spread your risks: Remember the age-old adage: don’t put all your eggs in one basket. In finance we say: don’t keep all your money in one bank. Spread your money around in different banks and make sure you keep proper records of the accounts you have to avoid confusion. If you are averse to putting your money across different pots, then you can protect your money by saving in bank institutions with government participation as the surety is high compared to privately owned banks.

Keep some cash at home: Though this runs the risk of loss or setting yourself up as a target for criminals, it’s wise to keep some money at home. This is an investment against the unexpected situations where everything else has failed and you have no other options to turn to. Invest in a fireproof and burglarproof safety box and store it in the least suspicious place. Remember not to put all your money in one basket.

Leave a will: Death is akin to resting and if you really want to rest in peace, draft a will while you still can. We don’t want you turning in the grave because the wealth you worked so hard for is going to people you ‘think’ don’t deserve it. We have witnessed cases where a deceased’s properties go up in flames or into the wrong hands because there is no one to manage it. Don’t be part of the statistics.

Get out of debt: No one knows how tomorrow will be, so start being smart with your money now.  If you can get out of debt, do it now. Start cutting all nonessential expenses, and use that money to pay down your debt. During an economic or bank collapse, the likelihood of losing your home – and money – to debt collectors is very high.

Insurance: Nothing can eat up a family’s finances faster than being under-insured. Insurance provides safety and security against a particular event as well as financial support in case of calamities. Life and medical insurance are the basic insurance covers you can go for. No one is immune to illness and the rising cost of medical expenses is alarming to say the least, hence medical financial support will come in handy. There is also a slew of other insurance policies, for instance education, fire, burglary and retirement, that you can subscribe to.

Start stocking up on survival knowledge: Since time immemorial, information has always been power. You, therefore, need to empower yourself financially through reading books and articles that will increase your financial knowledge.  It is also imperative to equip yourself with skills that will enable you effectively interpret financial statements to avoid being caught unawares while relying on skillfully crafted press releases.

Start a side business: Investing in a business will help you be disciplined on where you channel windfalls or any extra money you might have. It will also help you to have some extra income and in case of unforeseen financial calamities such as your bank going under, you will not have to worry where you will get your next meal from. And who knows, you might turn that side hustle into a successful business.

Invest: You can protect your money through investing. Again, diversify your investment portfolio as there are many ways to invest such as the stock market, treasury bonds, real estate and farming – just to mention but a few. While looking for investment options, be prudent so that you don’t lose or burn money in the process. Remember, the goal is to minimise risk on your money.

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Published June 2016

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Cover Story

Elizabeth Nzisa: The Firstborn Who Became a Mother Overnight

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While most teenagers spend their days focused on school, friendships, and dreams for the future, Elizabeth Nzisa, fondly known as Shiku, was forced to grow up much faster than she ever imagined. At only 17 years old, she found herself taking on the role of a mother to her three younger siblings after her family was hit by tragedy not once, but twice.

Her story, shared in an emotional interview, is a powerful reflection of strength, sacrifice and the deep bond between siblings. Elizabeth recalls the moment her life changed completely. Her mother died while giving birth to their youngest sibling, a baby boy. In the middle of that painful loss, their father walked away from the family, leaving Elizabeth alone with a newborn and two other young children to care for.

Mama yetu alipass 2024, Feb. Alipass akipata haka katoto kadogo. Dad naye akatuacha akaenda

 

Becoming a Mother Too Soon

She explains that she had no choice but to step up and become the parent in the house. She raised her youngest brother from the day he was born, and to this day he calls her mum, not knowing she is actually his big sister. That detail alone shows how much responsibility she carried at such a young age. She became the provider, the protector, the caregiver, and the emotional support for her siblings while she was still trying to understand life herself. With little help from relatives, Elizabeth had to find ways to survive, balancing school when she could, doing small jobs and making sure her siblings were fed, safe and loved.

The journey was not easy. She faced financial struggles, emotional exhaustion, and the pressure of trying to stay strong even when she felt overwhelmed. There were moments when she doubted herself and wondered if she was doing enough. Still, her story is not about defeat. It is about endurance. Elizabeth talks about finding strength through faith, support from the people around her, and the determination to keep her family together no matter how hard things became.

Over the years, she made sure her siblings stayed in school, had food on the table, and grew up feeling loved despite everything they had lost. What could have been a completely broken home became a family held together by her sacrifice and commitment.

Many viewers reacted emotionally, saying the story moved them to tears. Some described firstborn daughters as second mothers, while others said her life shows the kind of courage people rarely see but should never forget.

 

Click here to read our March issue 2026

Continue Reading

Cover Story

Elizabeth Nzisa: The Firstborn Who Became a Mother Overnight

Published

on

While most teenagers spend their days focused on school, friendships, and dreams for the future, Elizabeth Nzisa, fondly known as Shiku, was forced to grow up much faster than she ever imagined. At only 17 years old, she found herself taking on the role of a mother to her three younger siblings after her family was hit by tragedy not once, but twice.

Her story, shared in an emotional interview, is a powerful reflection of strength, sacrifice and the deep bond between siblings. Elizabeth recalls the moment her life changed completely. Her mother died while giving birth to their youngest sibling, a baby boy. In the middle of that painful loss, their father walked away from the family, leaving Elizabeth alone with a newborn and two other young children to care for.

Mama yetu alipass 2024, Feb. Alipass akipata haka katoto kadogo. Dad naye akatuacha akaenda

 

Becoming a Mother Too Soon

She explains that she had no choice but to step up and become the parent in the house. She raised her youngest brother from the day he was born, and to this day he calls her mum, not knowing she is actually his big sister. That detail alone shows how much responsibility she carried at such a young age. She became the provider, the protector, the caregiver, and the emotional support for her siblings while she was still trying to understand life herself. With little help from relatives, Elizabeth had to find ways to survive, balancing school when she could, doing small jobs and making sure her siblings were fed, safe and loved.

The journey was not easy. She faced financial struggles, emotional exhaustion, and the pressure of trying to stay strong even when she felt overwhelmed. There were moments when she doubted herself and wondered if she was doing enough. Still, her story is not about defeat. It is about endurance. Elizabeth talks about finding strength through faith, support from the people around her, and the determination to keep her family together no matter how hard things became.

Over the years, she made sure her siblings stayed in school, had food on the table, and grew up feeling loved despite everything they had lost. What could have been a completely broken home became a family held together by her sacrifice and commitment.

Many viewers reacted emotionally, saying the story moved them to tears. Some described firstborn daughters as second mothers, while others said her life shows the kind of courage people rarely see but should never forget.

 

Click here to read our March issue 2026

Continue Reading

Cover Story

Endometriosis and sex: How to make intimacy pain-free

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There is no doubt that endometriosis can affect a woman’s way of life. The condition slews a couple of conditions, painful sex being one of them. Penetration pulls and pushes any tissue growth behind the vagina and lower uterus.

Although symptoms may differ from woman to woman, here are some things you can do to lessen your pain and ensure you have some good time:

Take a dose of painkillers

Take an over the counter painkiller that sits well with your body before intercourse and incase pain persists, take another one as prescribed.

Track your cycle and try at certain times of the month

Most women with endometriosis experience excruciating pain during their period and ovulation. Keep track of your cycle so that you can know when you are ovulating. You can use apps like my calendar and flo period tracker to track your periods. This will help you know when best to engage in sexual intercourse.

READ ALSO: Crucial Facts About Endometriosis Everyone Should Know About

Use lube

Vaginal dryness is not something to be ashamed of and if you happen to have it, lube should be your best buddy. Make sure to use any silicon or water based lubricant anytime you feel like your vagina is dry. Ensure the application is of good amount to achieve a wet area.

Explore alternatives

Talk with your partner about things that turn you on and bring you pleasure. Just to mention a few; mutual masturbation, foreplay, kissing and mutual fondling. Sex does not have to mean intercourse.

Try different positions

Experimenting different positions can teach you and your partner which ones hurt and the ones that bring direct pleasure with no or less pain. Positions that are considered better vary from person to person so take the time to explore and learn yourself with your partner.

Find the right rhythm

Finding the right rhythm can help you experience less discomfort during sex. Quick thrusting or deep penetration can aggravate pain. Talk to your partner about that which you do not like and find ways that will satisfy the both of you like exchanging positions so that you can control the speed and rhythm.

Bottom line

Intimacy does not have to be boring, painful or make you hate the condition that you have. Talk openly about your feelings around sex and penetration and what would help to ease your concerns.

Our FREE  e-paper March Issue is here!
As we celebrate our women this month, we bring you the best stories and the most inspiring features to get you going.
Click HERE to read!

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