Common money myths that are holding you back

Every straight-thinking Kenyan has on one occasion or another read a personal finance article and encountered rule after rule. Whether it’s that credit cards are evil or that school loans are ‘good’ debt, these rules all have their place. Viewing these rules as inviolable is what makes the rules dangerous for your financial health. Hustle speaks to financial adviser Peter Wainaina who busts some common myths he has encountered in his years of practice:

Myth 1: I’m young and healthy. I don’t need life insurance.