Natasha Mwinji Lloyd

🧠 The Psychology of Money: Why People Earn More but Save Less

Economics has long tried to explain why higher income does not always lead to higher savings.

According to the Permanent Income Hypothesis, developed by economist Milton Friedman, people tend to base their spending on the income they expect to earn long term, not just what they earn today.

In practice, this means that when income increases, many people quickly adjust their lifestyle upward because they expect the higher earnings to continue.

A salary increase can suddenly become:
📱 A new phone
🚗 A more expensive car
🛍️ More shopping
✈️ More travel

This behavior is also linked to lifestyle inflation and social comparison.

The challenge is that income can change unexpectedly, while expenses often remain high.

Financial stability is not determined by income alone. It is shaped by habits and discipline.

Some practical habits that help:
✅ Living below your means
✅ Saving before spending
✅ Avoiding unnecessary debt
✅ Building emergency savings
✅ Investing consistently

Building wealth is often more about behavior than income level.

What financial habit has helped you the most? 💭

©️ Natasha M Lloyd.

💰 5 Money Mistakes Young Professionals Make in Their First Salary Year

Your first salary feels exciting. For many people, it represents freedom and independence. However, the first year of earning also shapes long term financial habits.

Common mistakes include:

📱 Lifestyle inflation. Increasing spending as income increases.

📊 No budget. Earning money without tracking where it goes.

💵 Ignoring emergency savings. Unexpected expenses always happen.

📈 Depending on one income source. Multiple income streams create stability.

⏳ Delaying investments. Starting small and early matters.

Your first salary is not only about earning money. It is about building habits that can support your future.

What financial lesson do you wish you had learned in your first year of earning? 👇

Disclaimer: This post is for educational and informational purposes only and should not be considered financial, investment, accounting, or legal advice. The views and opinions expressed are my own and do not reflect or represent those of my employer or any organization I am affiliated with.

Happy African Freedom Day 🙏🏽❤️

Hi team, I will be on Millennium TV Zambia for the "Ba youth pamwela" program on Saturday, we are talking all things financial literacy 🥳😊 please do tune in 🙏🏽

Hi everyone, please help me report this page impersonating me, this is a fake account and you should not send money or do any kind business with this person 🙏🏽🙏🏽🙏🏽🙏🏽

📚 Complete Important Economics Formulas – Quick Revision Notes! ✍️📈

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Save this post for quick revision and improve your Economics preparation! 🎯

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🇿🇲 The Bank of Zambia Has dropped the Policy rate. What It Means for You as an ordinary Zambian?

The Bank of Zambia Monetary Policy Committee (MPC) has reduced the Policy Rate from 13.50% to 13.25%, a 25 basis point cut.

This signals growing confidence that inflation is easing and economic conditions are stabilizing.

What influenced the decision?

✅ Inflation continues to decline sharply, falling from 11.2% in December 2025 to 6.8% in April 2026, now within the Bank’s target range of 6% to 8%

✅ The Kwacha has remained relatively stable against the US Dollar, helping contain imported inflation

✅ Expectations of a strong maize harvest could help reduce food price pressures in the coming months

However, the MPC remains cautious.

⚠️ Rising geopolitical tensions in the Middle East are increasing global oil prices, which could raise fuel and transport costs locally

⚠️ Forecasts of a possible El Niño weather pattern from mid 2026 could disrupt agricultural production and place pressure on food prices again

What does this mean for you?

• Borrowing costs may gradually decline
• Businesses could access slightly cheaper credit
• Consumers may see some relief on loan repayments over time
• Investor confidence may improve if inflation remains under control

The key message from the MPC is clear: Zambia’s economy is showing signs of progress, but policymakers are choosing a measured and cautious approach rather than aggressive rate cuts.

The next MPC meeting is scheduled for September 28 to 29, 2026.

🇿🇲 Economic stability is built step by step. Sustainable progress matters more than short term excitement.

Disclaimer: This content is for educational and informational purposes only and should not be associated with an organization I am affiliated to.

Natasha Mwinji Lloyd

Mutual Fund Companies in Zambia and How to Access Them (English version)

Mutual funds are becoming an increasingly practical investment option for individuals in Zambia who want professional fund management, diversification and easier access to financial markets.

Also known as unit trusts, mutual funds allow investors to pool their money together. The funds are then managed by licensed professionals and invested in assets such as treasury bills, government bonds, equities and other money market instruments.

In Zambia, all mutual funds operate under the regulation of the Securities and Exchange Commission of Zambia, which provides oversight and investor protection within the capital markets sector.

Mutual Fund Companies Operating in Zambia

"ABC Asset Management.
(https://abcassetmanagement.com?utm_source=chatgpt.com)

ABC Asset Management is one of Zambia’s established investment management firms. The company offers unit trust products designed for individuals, pension funds and institutions, with a focus on long term capital preservation and steady growth.

"Chuuma Asset Management"

(https://chuuma.com/?utm_source=chatgpt.com)

Chuuma has introduced a more digital and accessible approach to investing in Zambia. Its offerings include the Money Market Fund, Government Securities Fund and Equity Growth Fund, designed to suit different investor risk profiles. Investors can access these products through mobile and online platforms.

"Standard Chartered Zambia Mutual Funds"
(https://www.sc.com/zm/invest/mutual-funds?utm_source=chatgpt.com)

Standard Chartered Bank Zambia provides access to professionally managed mutual fund investments for its clients. These products are designed to offer diversification with relatively accessible entry requirements for account holders.

Additional authorised collective investment schemes and licensed fund managers can be found on the "SEC Zambia official website"
(https://www.seczambia.org.zm/registration/authorization-of-collective-investment-schemes?utm_source=chatgpt.com).

How to Access Mutual Funds in Zambia

1. Open an Investment Account

You can open an account directly with an asset management company such as ABC Asset Management or Chuuma. Some banks also provide access to investment products for existing clients.

2. Submit the Required Documentation

Most providers require:
• NRC or passport
• TPIN
• Proof of address
• Completed application forms

Some digital platforms allow online submissions and onboarding.

3. Choose a Fund That Matches Your Goals

• Money Market Funds: Suitable for short term savings and liquidity.
• Government Securities Funds: Focus on stability and capital preservation.
• Equity Funds: Designed for long term growth but carry higher market risk.

4. Invest and Monitor Performance

Most mutual funds allow additional contributions and periodic withdrawals. Investors should regularly review performance and align investments with their financial goals, risk tolerance and time horizon.

Building wealth does not always require large amounts of capital to start. Consistency, discipline and understanding the available investment options are often more important.

Disclaimer

This post is for educational and informational purposes only and does not constitute financial or investment advice. Mutual fund investments are subject to market risks, and past performance does not guarantee future results. Investors are encouraged to review fund documentation carefully and seek independent professional advice before making investment decisions.

Thank you to everyone who took a moment to wish me a happy birthday. Your messages, calls, prayers, gifts, and kind words meant more than you know. 🥹🤍

This birthday felt different. It reminded me how much growth can happen in a few years. The lessons, the wins, the disappointments, the silent battles, and the small moments of progress have all shaped me into someone stronger, wiser, and more intentional. 🌱💫

I am grateful for every opportunity, every setback that built resilience, and every person who has been part of my journey. Life continues to teach me the value of discipline, faith, purpose, and meaningful relationships. 🙏🏽❤️📚✨

As I step into this new chapter, I move with more clarity, more courage, and deeper appreciation for life. 🦋🌍💖 There is still so much to learn, build, and become.

Thank you again for celebrating with me. I truly appreciate every single one of you. 🥂🎈