YOU ARE SABOTAGING YOUR SAVINGS! STOP MAKING THESE MISTAKES! ❌

Having a great savings culture is the backbone to wealth creation, and so many of us, for the longest time, have been unable to figure out how to build a consistent savings culture.
I think we are making some mistakes in our savings journey that are making it hard for us to figure it out. In today's episode I am highlighting this mistakes and giving you better alternatives.
Enjoy,
Coach Susan.
BOOK A CONSULTATION SESSION WITH ME HERE: thelegacyhub.co.ke/pick-my-br...
GET A DONE-FOR-YOU BUDGETING TEMPLATE HERE: thelegacyhub.co.ke/product/th...
VISIT THE LEGACY ACADEMY FOR FINANCIAL COURSES HERE: academy.thelegacyhub.co.ke/co...
JOIN MY FREE WEEKLY NEWSLETTER HERE: thelegacyhub.co.ke/subscribe/
FIND ME ON INSTAGRAM: / con. .
Music: A Perfect Morning with Coffe 🎵 No Copyright Lofi Beats To Relax / Study To 🎵 Lofi Mix 20

[@katusiimeelizabeth538]

Stop saving in banks Not attaching goals saving Save for un necessary things Know the purpose of saving Not working with specific time line with your goals Stop saving randomly. Indicate how much you need for a specific time and goal. Stop saving in merry-go-round groups/charmers.❤ Not improving your income when the income increase. Saving takes consistency and Persistence. Stop really on motivation. Have discipline in saving. ❤❤❤❤❤ This has helped me alot and am going to change i got alot thank you so much

[@devillagefarm]

You must have been a very good student

[@mercyshish3773]

Am into creating wealth,not getting rich..what's the difference??Well..I have a home,so am not paying rent, education is free in Luxembourg, so no fees.I. have a daughter whose education is free apart from trips here and there..very minimal. What we have done with my partner, is investing on shares..check out AI stocks.

[@johnkaranja5858]

am new to money market ...kindly tell me where to start

[@macduffogwido3956]

Well presented with timely advice. Persistence, determination and focus on the goal is prerequisite for saving culture. I use money market as my emergency fund and if none I draw a fixed amount in mid-December for Christmas expenses. My question is how do I invest in bonds eg infrastructure bonds. Keep up❤

[@benjaminmbatha9057]

Wow! Thank you Susan, it's like you ware directly addressing me, for sure I am a direct beneficiary of this 👌

[@erastus136]

There's is a French saying that goes "Úkúrú úríaga wíthí". It's wise to know when and where to save your money inorder to secure your future.

[@erastus136]

@@CarolineWamucii-gr3ym Hahaa! Am glad we are many French guyz😂😂

[@kelvinace254]

Thank you fellow Frenchmen 😂😂

[@gracekamau6529]

😅😅 I totally agree with my fellow Frenchman

[@Aly-be6rf]

"chamas" are for social purposes, especially kule ushago to keep people together. There comes a time when you need people more than money. I agree with you on money market funds. keep going this is good content.

[@alicekanyana7277]

"Delayed gratification always noted." Thank you so very much coach may God continue to advantage you for us.

[@helleneoti]

I am so jazzed by these practical steps

[@annchege9127]

I've learnt alot today I saw this in Lyns then just searched for you from that, becoz I am that person who has been saving without a plan but I have a good discipline in saving

[@eunicemaina3802]

Thanks.this was an eye opener.

[@henrykrop1856]

Wow, this one is amazing. Unfolding the savings barriers realities. The chama thing is now very clear

[@maryokemwa6641]

I have learned something about chama savings. Knowledge is power..Thanks.

[@huldahnjeri5146]

I joined Chama for social support. These women have been there for me after the birth of my children. I sickness and have supported me even after losing a loved one. We also introduced table banking where I've been able to grow my business. So for me, chama is working for me.

[@kibaliolive7325]

Hi. I think she meant the merry go rounds where you just contribute money that doesn't earn interest and give to different people for whatever time. Chamas, on the other hand, those that you contribute and can take a loan of money higher than you've contributed is ok.

[@millicentatonga6475]

Thanks alot. Have gathered alot

[@georgeradack9911]

Very informative piece, kudos

[@julietabuya292]

Very powerful and informative !

[@bildadjordan1048]

Thank you 😊

[@greaterheight896]

Good insight. Thank you

[@karenkawira4107]

Very insightful. Thank you coach ❤

[@j9_njoroge]

The concept of working backwards when trying to reach a savings goals is unique. I think there should be a separate video about that.

[@sihewi9892]

Thanks a hundredfold for this inspiring piece. Just what I've been look for 🙏

[@kuttomoses]

Thanks for the motivating info

[@agabaamando9084]

Thank you so much for the wonderful coach, 🙏🙏

[@carolk3596]

Very helpful tips. Thank you

[@patrickmulwa483]

I love this have learned a lot on saving I was saving wrongly....i need to change thank you

[@winniewabere6918]

Gathered a lot! You are a gem when it comes to financial coaching👏

[@judithmbatifuh6052]

This was a well thought out video. Thank you.

[@anneonyango3305]

I have a chama thats 10,000 every month. it has helped me so much. we are 12, but this time im going to drop but put a standing order to go to my money market fund.

[@SPONSOREDByGRACE]

It's time to go to another level ❤ even me I'm quitting by September

[@Jane-ie9ul]

It's better to quit because it has disadvantage of someone in the group taking off with the money after she receives her share. The world is full of wicked people. A friend can turn to be a beast. Be careful.

[@damariskerubo1856]

Unless you are number one or two the better I have one but always am no two I got the money and put it to money market funds

[@paulkaranja6870]

good

[@waihurasly]

Learnt something new on the chamas part

[@rosemary42]

Very informative,thank you very much 😄

[@cikumainone]

Woah...I thought I knew a lot about money but every time I listen to you I learn something new. I need to be more goal oriented in my saving!

[@joyous298]

Super..! Thank you. Just realised that motivation is a feeling😢

[@mercynyawira7688]

Thank you... Very well said. Another learning moment.

[@jollyebong8100]

Thanks for Sharing. Your timely advice was what I needed to break free from my financial worries. Jolly

[@katopatrick8336]

Thanks so much Susan 🎉

[@odhunolynet]

Thank you coach Susan for always enlightening us.❤

[@ronkemosuro1491]

Wow! You are fantastic! Thank you so much, l learnt a lot 🙏

[@christinedonia2914]

Thanks Alot I've learnt Alot from this

[@keziahndunda6344]

Thank you for the insight I really enjoyed

[@felixkemboi7383]

Intrinsic motivation is great. Since it is internally generated it works. I hope the motivation you are referring to is extrinsic.

[@providencemavubi1439]

Thank you for the tips. i have realized reasons why i am not achieving my saving goals

[@emmanjerry4685]

Youve made my fridays to be a financial literacy day. Thanks coach

[@susan.wanjiku_]

Yaaaiy! Thanks for taking the time to watch and to keep coming back. 🙏🏽

[@hellenjohn6113]

Thanks a lot, Susan. I'm happy to learn more about savings

[@iheomaloveth2629]

Watching from Nigeria, thanks for the financial advise i have learnt something today

[@kennoyadams1367]

In Jamaica, we call it "partner"

[@noahneema9553]

thanks dear

[@KenyanAtHeart]

Weuh, on the chama mistake, I have learned quite a bit. Making different decisions moving forward..

[@chriswambua4035]

A great incite and information. Chamas are ideal for "The Social aspect" and investment but not saving. Keep it up. ❤

[@akotclare2133]

New subscriber here from Uganda. I reasonate with you in all these points. Thank you for sharing 😊

[@centrineduyani614]

Really insightful, thanks. Any views on pension savings?

[@rosemarynyaole8038]

Awesome - keep up the good work girl

[@alicenjerichege7799]

Thanks a good refresher. Shall implement and give a success story by December 2024. God bless you

[@immaculatemwangi3099]

Thank you so much for this video. There is always something to learn from you. Today my biggest takeaway is to stop relying on motivation to get things done and I intend to apply that even to other aspects of my life. Please talk to us about bills and bonds. Thank you.

[@terrynjoki3086]

Thank you well explained

[@penihg7641]

You earned a new subscriber, this is wisdom

[@victorineambeza7721]

I love love you dear you always inspire me

[@josephatonsongo9884]

How i wish i knew about your channel early.. you have really changed my way of doing things more so when it comes to finances. Thank you

[@daviemuchem18]

thank you for advise am more informed

[@gilbertotieno3984]

You do a great work opening the eyes of many. God bless you

[@irenekanyiri5656]

This was very informative

[@kibaliolive7325]

Thank you for helping us ❤ I'm really learning.

[@nancyarichu6129]

Why am i knowing this channel Now😌😌have been missing alot but it never too late🤗thanks dr, ready to learn

[@andrewkinoti6916]

Wow thank you, learnt a lot

[@dolphineokidi7263]

Thank you very informative.

[@brendamutethya4953]

Great insights, Thank you.

[@namagandaaidah3594]

Thanks coach

[@rosekamau8537]

Very informative

[@lydiaatandi7994]

Susan I got to know about you through Lynn Ngugi and I have learnt so much from you even as a Kenyan living abroad. Keep doing what you are doing!

[@paulinewanja1650]

Me too and I'm learning.. Thank you Lynn for introducing Susan to us

[@robertbashunku]

Thanks madam suzie

[@3equip_]

Waoh... this is amazing...

[@emmanuelkowblah6251]

Question: What is "Money Market Funds"?

[@Peninahmwaura96]

I learnt alot thank you

[@drmishy8063]

Amazing as always...you actually inspired me to starting a savings account and girl..we are growing😊

[@petermunene7937]

Good evening madam, may the Lord our God bless you for ever . You have always enlightened us. Thank you.

[@susan.wanjiku_]

Amen and Amen!

[@naomychepkemoi-vj7gd]

Insightful message. Please enlighten me more on money market funds. Have searched and there is a lot in it.

[@wanjirajackfred4686]

I need to hear more about money market fund those are the investment areas I need to switch to that will help me big time

[@rukundoespoire]

Thank you for your good lessons you helped how i can saved my money

[@user-bt2ew2hp6u]

❤this about chamas I have been enlightened thank for this standing order right away to MMF

[@lornaneumann9334]

Thank you so much coach. Is it advisable to keep all my investment basket in one financial institution. (Money market account, bonds, short term investment and stock market Thanks in advance

[@eliasnducha1167]

Great I have been learning a lot from your content. Keep it up

[@markkolam4780]

Great presentation, I've been learning a lot. For your points, kindly do give us numbers e.g 2nd reason, 3rd etc. one tends to get lost everytime you say another reason

[@princesenghor1881]

The Legacy Hub🎉🎉

[@bettymwebaza4904]

Thank you for your content, I believe I won't remain the same from what I'm learning.❤ From🇺🇬

[@susan.wanjiku_]

Very glad to have you here ❤️

[@helleneoti]

Great wisdom!🎉

[@joyfaith1023]

Which mmf can you recomend?

[@gracekorir6632]

Thanks for advices, I had chamas about 5 of them, thank God I have drop 2, with the remaining I think I should quit as soon as possible

[@bettyawuorabcsoflife]

Thanks for pointing out these mistakes. Your video quality is great, which camera are you using?

[@peninahnjoki8685]

Any suggestions for money market funds one can invest with?

[@BrianNdege-cf9oe]

how safe is money market funds

[@nyambuts]

This directly hit on me... I need a change

[@bettyshaka]

Thank you Susan..kindly suggest for me examples of money markets I can invest in...or rather what about saccos

[@onpurpose292]

Yes please help us

[@leahwandia]

Sanlam has been working for me. You can research others i.e Etica, Zimele,Jubilee

[@AyebazibweAgatha-nm8ou]

Talk about business that moves with the situation in Kenya that makes profits faster though we expect losses also as wee risk to get something better am from ug especially to we starters from being employed to self employed thanks

[@bryanosfundi3111]

Which is the best way to save and earn interest?

[@annnduku2978]

I must say thst i love this gal for opening our minds financially and at the same time i hate when she directly speaks about "myself" 🤦. Saving randomly thats exactly me though no steady income. I have learned something to push me in future. May God bless you coach susan🙏🙏

[@susan.wanjiku_]

Happy to have you as part of my community. Thank you for your feedback.

[@annnduku2978]

@@susan.wanjiku_ welcome

[@AndTheBees]

I'm the 100th like! Really appreciate your content. Thank you for being transparent about how you've begun saving and the best ways to do so.

[@susan.wanjiku_]

Thank you for being here, I really appreciate you.

[@SPONSOREDByGRACE]

What is the difference between mmf and portfolio?

[@Lillylilothefirst]

Is my first time here & have learned a lot,damu yangu ilikaa chama kitambo,when I realized that "the same money i invested is the same given to me & nothing more 😂 and i asked myself,🤔y not keep it myself 😂 😂you hv agined a new follower,I want to know more abt MMF🙏

[@jobchangwony5830]

love your content

[@anyangobuyu9413]

Thank you for mentioning chamas. If they are not for investment, I am not taking part. I have always viewed chamas as not profitable because of the amount of time and money it takes to make an amount that you can make in a month or two.

[@alexogonyo4247]

Hello advice me the mmf you are using please

[@robertndikolansubuga909]

I love your articulation and hopefully ple pick a leaf..people tend to forget that u pay banks to keep yo money and they in return use it by loaning it out at a higher interest rate..in other words they use yo money

[@dricirusuzan]

For the merry go, you have talked late😂😂😂but probably this round will be the last one. Thank you.

[@SerahMoyo-wk4lm]

Please examples of money Market funds

[@roxinnjeru5837]

There are banks that have MM accounts like KCB