83% of Young Working Kenyans are Optimistic but Debt and Betting Expose Finance Gaps

By The COAST Reporter Email, [email protected] Financial protection remains a challenge with 79% of youth-owned businesses uninsured and only 26% actively saving for retirement. Cost pressure remains significant with 43% having borrowed to meet everyday expenses while 38% report occasionally overspending their monthly budgets. Sports betting is emerging as a financial risk; 23% of youths…

Struggling with tax debt? Here’s what to know

If you owe back taxes, there are ways to get real help. But dishonest companies will promise to get rid of your debt for “pennies on the dollar,” before even looking into your tax situation. They’ll often charge service fees without actually doing anything for you, and leave you further in the hole with local,…

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Gov’t to expand housing finance support for young, 1st-time buyers while keeping debt curbs

A view of apartment complexes in Seoul seen from the Lotte World Tower, Wednesday / Yonhap The Financial Services Commission (FSC) will expand housing finance support for young people, newlyweds and first-time homebuyers while maintaining its overall household-debt controls, as part of the government’s efforts to stabilize the housing market, the regulator said Thursday. FSC…