ten ways to remain poor

ONE: NEVER WAKE UP EARLY. Keep stretching and turning in bed until you get too hungry to continue dozing. If there are no bedbugs, why hurry to get up? ...
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Two: Never plan how to spend your money. Whenever you get money, start spending it right away and when it is finished, try to count and recall how you spent it.

Three: Don’t think of saving until you have real big money. How can you save when you earn so little? Those telling you to save are not sympathetic to your burning needs.

Four: Don’t engage in activities usually reserved for the “uneducated.” How can you, a graduate, engage in petty trade or home-based production? That is for people who never went to school.

Five: Don’t think of sta...rting a business until an angel comes from heaven and gives you capital. How do they expect you to invest before you get millions of shillings? Even though more than half the businesses in your town were started with a few hundred shillings, you, as a smart person, can only start with millions.

Six: Complain about everything except your own attitude: Blame the system, the government and the banks that refuse to lend you money. They are all bad and do not want you to get rich.

Seven: Spend more than you earn. To achieve this, buy consumer products on credit and keep borrowing from friends and employers.

Eight: Compete in dressing. Make sure you wear the latest clothes among all the workers in your office. Whenever your neighbour buys a new phone, get one that is more expensive.

Nine: Get yourself a nice second-hand car that costs more than three times your gross monthly pay. That will surely keep you in debt long enough to hinder the implementation of any bad plans that could make you accumulate capital.

Ten: Give your children everything they ask for since you are such a loving parent. They should not struggle for anything because you do not want them to suffer. That way, they will grow up lazy and hence poor enough to ensure they cannot help you in your old age. If you diligently implement these 10 great rules, you will not fail to invite poverty in great measure to your homestead. That way, all important leaders, from East to West, will spend a lot of hours thinking about you, planning how to uplift your daily expenses above one dollar. Isn’t it nice to be the subject of concern of all those leaders and scholars?

The Economist-Michael Mwangi

while others are struggling so that the government can have price ceilings and price floors others have money stacked from floors to ceilings. To our politicians are always embarrassed that you have eaten more than enough or embarrassed that you have not eaten anything. this is the fate that we economists have to undergo, just incase you plan to be rich practice eugenics with someone who has a political pedigree.
 Irving Fisher said:- The effort of the economist is to see , to picture the interplay of economics elements. The more clearly cut these elements appear in his vision , the better, the more elements he can grasp and hold in mind at once, the better. The first explorers used unaided vision. Mathematics is a lantern by which what before was dimly visible now looms up in firm, bold outlines. The old phantasmagoria  disappear. We see better. We also see further.

NSE 20 SHARE INDEX ANALYSIS BY MICHAEL MWANGI

Ø Time series modeling of returns from the NSE 20-share index:

The accountant

THE ACCOUNTANT- Michael Mwangi.

He smiled as he looked at that piece of paper,

Confirmation had been made that advice was his to give,

Nothing that crossed other people’s minds was similar to his,

They all panicked; he didn’t,

The boardroom was tense and thrilled,

A man of his stature and composure was supposed to present facts,

The board meeting was a most unedifying spectacle,

Few stood up to say something but if they did,

One eye of hope was keenly looking at the accountant to reassure them,

That they were safe,

And the big question pooped up,

“who is to clarify that our investments are secure and our wealth is maximised?”

No one turned to look at him but his voice piped out, “the accountant,”

Many minds were disintegrated,

On the table he had to bring transparency, accountability and integrity,

Smiles were weird and when they flashed a flicker of insincerity was clear,

Some didn’t want others to know of their looting and vandalism,

Others were embarrassed that they didn’t eat at all,

Amidst all the pain, shame, pride and fear,

The hand of the chairman ushered him on,

He stood up with the facts that fully support the firm’s going on concern,

He beamed with satisfaction and his swelled heart ready to empty nothing but the truth,

Slowly he opened his mouth to utter the financial report,

All faces got longer and teeth gnashed for the truth had to be told,

You have to know Mr. Integrity he is your next door Accountant.

the accountantTHE ACCOUNTANT- Michael Mwangi. He smiled as he looked at that piece of paper, Confirmation had been made that advice was his to give, N