Introduction In an era where the cost of living continues to escalate, budgeting has become a crucial skill for teachers in Kenya. Teachers, who often experience modest salaries, face numerous financial challenges that require them to maximize their income effectively.…
Introduction: The Importance of Financial Literacy for Teachers Financial literacy is an essential skill that significantly influences the personal and professional lives of teachers. Given the unique challenges faced by educators, it is imperative that they develop a strong understanding…
The phenomenon of retired teachers in Kenya re-entering the workforce has become increasingly prevalent, raising questions about the underlying factors driving this trend. As society evolves, so do the circumstances surrounding retirement, particularly for educators who have dedicated their lives…
Introduction: The Need for Side Hustles in Education In today’s educational landscape, teachers often encounter financial pressures that can impact their professional and personal lives. The reality is that many educators rely on their salaries to support their households, yet…
Understanding Teacher Loans in Kenya In Kenya, teacher loans serve as a crucial resource for educators aiming to finance their professional and personal aspirations. Various types of loans are available to teachers, notably including government-sponsored loans, offerings from commercial banks,…
Understanding Financial Wellness in Education Financial wellness represents a holistic approach to managing one’s financial life. For educators, achieving financial wellness is critical due to the unique challenges they face within the profession. Teachers often contend with limited salaries that…
Understanding HELB Loans The Higher Education Loans Board (HELB) in Kenya was established to provide financial support to deserving students pursuing higher education. HELB issues various types of loans aimed at assisting students, especially teachers, to manage their education expenses…
Understanding Your Salary Structure As educators, comprehending the components of your salary structure is essential for effective personal finance management. Teacher salaries generally consist of base pay, benefits, and potential bonuses. The base pay typically accounts for the majority of…
