Catherin
6.9K posts

Catherin
@CKahunde
I LOVE JESUS|Rotaractor @rctnansana| @ChelseaFC|Reader|Proud Mukiga|Traveller|OSHgraduate
Uganda Katılım Aralık 2013
857 Takip Edilen1.2K Takipçiler

@CKahunde We regret the prolonged power outage. We have assigned a team to reach out and ensure power is restored under ref 1787734-G.EI
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@CKahunde Kindly share your contact as well in case the power is still off. /CM
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@CKahunde Dear Catherine, sorry about the outage. Kindly share with us your meter number, telephone number and a landmark near your premise so that we can register this complaint. /CM
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@AfraekaG The Kireka line is currently off due to a fault on the main line. Our teams are already handling. Supply will be restored at completion of these works. Inconvenience is regretted. |LB
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@CKahunde Dear Catherin, sorry for the power outage. Power is off due to a technical fault along the line and our team is handling. |NC
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The Struggle Between Ambition and Contentment
There are two dynamic forces in our lives that often vie for dominance: ambition and contentment. The struggle between the can reflect our deepest desires and fears.
Ambition is the relentless pursuit of our goals, the drive to improve, achieve, and surpass. It fuels innovation, progress, and personal growth. However, The desire for more can become insatiable, leading to a perpetual state of dissatisfaction.
Contentment, on the other hand, is the state of being satisfied with what one has. It involves appreciating the present moment, embracing simplicity, and finding joy in the here and now. It allows us to savor life's simple pleasures, to cultivate meaningful relationships, and to maintain a balanced perspective. However, In a world that often equates success with ambition, those who prioritize contentment might be seen as lacking drive or settling for less.
The key to resolving the struggle between ambition and contentment lies in finding a harmonious balance. This involves recognizing that both ambition and contentment have their rightful place in our lives. By integrating the drive for achievement with an appreciation for the present, we can lead lives that are both productive and fulfilling. In the end, the journey is as important as the destination, and finding harmony between ambition and contentment is the key to a truly rich and meaningful life.
By: Livingstone Mukasa
CEO/Lead Business Advisor, Living Business Education, and Author of two Books: The Great Financial Rebuild
WhatsApp +256772459167 Email: livinbusiness@gmail.com
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@teengoon @UmemeAtService Dear customer, sorry for the power outage. Power is off to resolve a technical fault along the power line, it will be restored after work completion. Kindly bear with us. /NJ
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"A guest sees more in an hour than the host in a year"
~Polish Proverb
Moral: It helps to invite an external party to look at your business. What you were blind to will be exposed.
#TugendeTukole
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Rotaract Club of Nansana RID 9213 - The Titans@rctnansana
Dear Titans and Well-wishers, Congratulations on reaching this milestone, and may it be a stepping stone to even greater heights! Thanks goes to our Rotary Foundation Director/Past President @BennisLeo for spearheading this process. January concluded in style, Happy New Month!
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Navigating Life's Economic Ward: What Type of Economic Patient Are You
In the bustling corridors of life, we often find ourselves admitted to the economic ward, where the currency of choices and financial decisions takes center stage. Sometime back one of our staff members referred to our approach to helping people make economic progress as treating "economic patients." It got me pondering the profound truth behind this expression.
In the realm of personal finance, the concept of "economic outpatients care" resonates strongly, as beautifully articulated in Dr. Stanley and Danko's acclaimed book, "The Millionaire Next Door." This term is used to describe adult children who, despite being raised with care, struggle to attain financial independence, often returning to the financial safety net provided by their parents.
The revelation struck a chord, prompting me to reflect on the idea that, at different stages of our lives, we all become economic patients. It's an insightful metaphor that invites us to explore our financial health and identify the treatment plan needed for our economic well-being.
1. The Acute Care Unit
Some find themselves in the economic equivalent of an acute care unit. These are the individuals facing immediate financial challenges – perhaps unemployement/job loss or, unexpected expenses, or a sudden downturn in their financial health. Urgent measures are required to stabilize and restore their economic well-being. Often this requires dramatic downsizing!
2. The Cancerous Habits Patient
There are those with deep-rooted, cancerous financial habits. These could be chronic overspending, accumulating debt, or consistently making poor investment choices. Recognizing and addressing these destructive patterns becomes crucial for their long-term financial prognosis. In simple terms they need to face reality smack on!
3. The Medicine Seeker
Others may be akin to economic patients searching for the right medicine. They may possess the resources but lack the knowledge or guidance to optimize their financial health. Education and strategic financial planning become the prescription for their economic recovery. The Class of 2024 can greatly help these ones.
As we journey through life, understanding which type of economic patient we are empowers us to take charge of our financial destiny. Are we in need of immediate interventions, battling ingrained financial cancers, or seeking the right financial prescriptions? The diagnosis informs the treatment plan.
Ultimately, we are all economic patients in this grand hospital of life. The key lies in recognizing our conditions, seeking the necessary care, and actively participating in our financial healing. So, dear reader, which economic patient are you? It's time to take a closer look, prescribe the right financial remedies, and ensure a healthier economic prognosis for the chapters yet to unfold.
#Classof2024withLivingstoneMukasa
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Key Financial Planning Action points by Age Brackets.
There is never a better time to calibrate your financial than starting today. So, let’s look at what this means for you based on your age bracket.
In your 20s.
Aim for consistent income to wean yourself off from the support of others. If you can’t afford to live on your parent’s standard of living, start at a lower level. Think of starting a family. Take some calculated risks. Your late 20s is also a good time to buy a piece of land where you will build a home. Contribute to a retirement plan even if you work in the informal economy. Also, start making strategic connections and engage with the world outside your comfort zone or your country.
In your 30s
Settle down with someone you love. Build a career/business and/or competencies that make you stand out and allow you to charge a premium in the marketplace. Start a family and have children. Don’t fall victim to “lifestyle inflation” and risk becoming a spend drift. Live below your means. Continue contributing to your longer-term savings account. Start building a home and just make it habitable. The thrills and flings will follow later. The key goal is to run away from “Mzee Guwedeko” (LandLord). Save/invest for growth with the aim of doubling your asset portfolio every 5 to 7 years. Play the compounding game smartly.
In your action-packed 40s
This is your peak earning years. Deal with raising children and support your aging parents. But don’t use this as an excuse not to finish that house and fund your retirement account/investments. Save for children’s university education but your children should not be your retirement plan. Time to stop producing more children. By now you should have fired “Mzee Guweddeko” but its a good plan to become “Mzee Guweddeko” yourself. Start imagining what your retirement will look like and what skills and hobbies you need to carry with you in your sunset. At this point, you should have over 75X your Monthly expenditure in investable assets.
In your 50s
Retirement is near. Direct your efforts to areas of economic activity that do well with advanced age to keep active and possibly earn some money. Determines if you are ready for retirement. The goal is 150X your monthly expenditure in total assets. Please let your children be rather than try to achieve dreams that failed you through them. This is also a great time to re-balance your asset portfolio to become more conservative and lean towards generating cash flow to support your chosen lifestyle.
In your Sunset 60s and beyond
You should be generating the cash flow you need to support your retirement. Have a well-defined succession plan especially if you have substantial business assets. Here you need to build an investment strategy based on a proper asset allocation, taking on only as much risk as is needed for the income you require and for your legacy goals. Plan well for healthcare and travel costs.
#Classof2024withLivingstoneMukasa
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