W06 Case Study: Planning for the Future

As the Chirambas secure an emergency fund and continue to increase their income through their various revenue streams (sometimes by saving money by not having to purchase from others, sometimes by selling their excess), their confidence begins to increase. Their revenue streams include cultivating a home garden, raising chickens, and engaging in small-scale farming. Sister Chiramba is also skilled in artisanal crafts and sewing but has never profited from these skills, but it is something that she is now considering. Furthermore, this progress introduces the family to accessible and straightforward investing opportunities, including savings accounts, livestock farming, and precious metals. By embracing these opportunities, the Chirambas can gradually build a diversified portfolio that aligns with their risk tolerance and long-term financial goals, providing a pathway toward financial empowerment and stability.

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