| Published Tue, January 23rd 2018 at 17:00, Updated January 23rd 2018 at 17:09 GMT +3Why you're broke this January, how to be financially stableOver the last few weeks, Kenyans have been cracking jokes on social media about the dreaded 'Njaanuary' drought. Financial Literacy Coach Patrick Wameyo argues that this trend is often an indicator of imprudent financial habits – habits that he says have far-reaching implications. Drawing lessons from his 19-year banking career and financial literacy consultancy, Wameyo says these eight habits often land people in tough financial situations:1. Not having clear goalsOur life goals and personal values dictate how we spend our time and money. Spending 100% of your incomeDo you spend 100% of your income each month?

Source: Standard Digital January 23, 2018 14:03 UTC