Skip to main content

Choosing your Creditors wisely

Over this week, I have learned a few lessons about lending and borrowing , of money, given that there is a lot to be lend and borrowed. Let me first of all make sure that I had not taken a break from blogging due to matters related to borrowing and lending.

Apparently, apart from carefully choosing who to lend, you should also make wise decisions as to who to borrow from. First of all, if you do not intend to return the money in a timely manner, or in this case never return it , you must devise a way of ensuring that your lender doesn't contact you in the period the money is overdue. Let us look at two case scenarios.

Situation #1, these 2 associates of mine. Associate 1 asks associate 2 to lend him some cash over a short period since his salary arrives a few days later than associates 1 salary's. Associate 1 agrees and associate 2 gets the money.

In a few days, associate 2 gets paid, and luckily looses his phone. How is this lucky, you ask? Well, associate 2 takes this opportunity to re[place his phone and his phone number. he then makes sure that he doesn't turn up at work for the next 4 days. Associate 1 cannot track associate 2 via phone nor at his workplace, and is left with a raw deal.

Situation #2, some guy on Twitter, Kenya, decided that strangers make the best people to borrow from, especially if you met them through twitter. All you need is work their charm on them, get the money and remain silent when the money is needed back, after all, they are strangers.

Well, the guy has discovered that Twitter is the wrong place to default loans. The loan issuer has kept reminding the guy that he owes her. Now all the guys twitter followers, and the public at large know that the guy had defaulted a loan, and the guy has been reminded this every hour, lest he forgets. Remember Twitter is not Facebook, where you can block your creditors from posting in your profile.

The aim of the story is that you should delete your Twitter profile if you plan to default loans to your "Tweeps."

Comments

Popular posts from this blog

Why More Kenyans are Switching To Craft Beers

Dire Straits from Bateleur is one of the most popular craft beers in Kenya. High quality ingredients mean more refined flavours I have been running an experiment for months now. Have you ever considered that you could be having a much better beer than what you had last weekend? Most people don’t think so, but the many who have undergone my experiment have found this to be the case. The experiment involved trying out craft beers, and many of my friends found that they liked beers from Bateleur better. These include Dire Straits - a medium beer,  or Bila Shaka which has higher alcohol content for those looking for a punch. Even ladies, many who confess to hate the taste of beer, have found these beers to be pleasant and even drinkable. Kenya is truly in a new beer age. 

Rather than positivity, Kenya needs to face its problems

Traffic between Thika and Nairobi as a result of Highway Bumps and reliance on the road  as the sole link between the two towns. Arguing the traffic is better than in Lagos or encouraging people to use the road earlier doesn't solve the problem A fierce debate springs up every now and then on development in Kenya, or in other developing countries. There are two schools of thought - those who argue that a lot needs to be done and what is there is barely much, and those who feel a lot of progress has been made. Those who focus on the progress will point out that at least Kenya (or another country) is better than its neighbouring or other countries in its status when it comes to some aspect such as roads, or education. While this is true, it however presents a lot of danger as we will discuss shortly.

How to Make Your Own Sparkling Water

Buying your own kit means you need to carbonate it in a fridge or freezer since Carbon Dioxide best dissolves at temperatures around zero.  I have been making my own sparkling water for about a month now.  It started with a love for carbonated water, but being appalled by the price - about KSh. 80 per 700 ml recyclable glass bottle. Sparkling water is sold as a premium drink.  This got me researching into what it really takes to make your own sparkling water. 

Why Humanity Hasn't Learned From the Covid Pandemic

In 2020, the Covid-19 pandemic began ravaging the world, succeeding the 1918 flu pandemic.  Many found it unbelievable that despite all the scientific progress that the world has made since 1918, from composite jets to modern healthcare to going to the moon, the world was still susceptible to a pandemic.  Ironically, some of these advancements largely played a role in the spread of the pandemic. Thousands of global flights every hour and air conditioning fanned its spread like a dry wind would in a forest fire.  There was even further disbelief in mid-2020 when it became apparent that many countries were even struggling to keep a pandemic in check. Developed countries, supposed to have the best healthcare, suffered the worst outbreaks amidst disagreements on measures such as quarantines and wearing of masks.  In yet another twist, technology advancement finally came to our rescue with the speedy development of vaccines, including the safe pioneering of never-tried-b...

Visiting Watamu

Getting to Watamu: Flight to Malindi Airport. Jambojet flies here and so do other airlines from Wilson. You'll then need a Cab to Watamu (KSh. 1,700 to KSh. 2,000 - many apps are inaccurate) or matatu just outside the airport (KSh. 100) SGR to Mombasa, then shuttle to Watamu. There are about 2 regular shuttles and they charge KSh. 1,500 to KSh. 2,000 one way  Bus to Watamu. Tahmeed and other buses operate regular schedules to Total Watamu  Drive: It's faster branching through Mariakani to Kaloleni then to Kilifi. The route through Tsavo is not any faster and has park fees. Takes 9 hours  Things to do  Beach Sunbathing : Watamu has some of the world's best beaches, with white sand. The left side from Watamu Village has a bay with shallow water during low tide,  you can wade and swim in the ocean even if you don't know how to swim! Ocean is warm in July - August but very windy. Watamu beaches have lots of seaweed but this shouldn't deter yo...