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Why Do Wealthy People Borrow Money?

James leaned back on the plush leather seat of his SUV, his eyes fixed on the blinking fuel gauge. He sighed. Payday was still five days away, and his bank balance was dangerously low. Being truly wealthy means having the financial flexibility to handle life’s surprises without relying on debt.

Ksh MMF vs. USD MMF – Which Money Market Fund Should You Choose?

MMFs have become the go-to investment option for Kenyan investors. MMFs often offer higher yields than traditional bank accounts, making them attractive to investors.Shilling MMFs are ideal for maximising returns while maintaining liquidity, while USD MMFs focus on capital preservation and currency risk management.

All You Need to Know About CIC Money Market Fund

MMFs are becoming popular in Kenya due to their easy accessibility and daily returns. The CIC MMF is a low-risk investment option designed to offer capital preservation, liquidity, and inflation protection. Managed by CIC Asset Management Ltd, the fund aims to provide stable returns.

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Money254 is a new platform focused on helping you make more out of the money you have. We’ve created a simple, fast and secure way to find and compare financial products that best match your needs. All of the information shown is from products available at established financial institutions that our team of experts have tirelessly collected.
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