ECONOMIC CRISIS
Two major issues have been brought up by the high cost of living. First, the rising oil prices globally have been made worse by the ongoing Russia-Ukraine fights and the depreciating shilling. The second one is the increasing food prices due to the ongoing drought in some parts of the economy. The challenge has been made worse by the fact that some people are still recovering from job losses and income reduction brought about by the Covid-19 pandemic. Another obstacle on the journey to recovery is the fact that we are in an election year. Though businesses have been showing some signs of recovery, there is still a lot that needs to be done to put economic recovery back on firmer footing. With all the above affecting the investment landscape the question that comes to mind is what is it that needs to be done to make it easier for people to continue on their wealth creation journey. Below are some of the key tips: Be discipline and consistent: Despite the hard times, c...