Great talk Akinyi. Financial experts often say you should not spend more than 28% of your income on rent and save not less than 10%. Also, save first then spend the balance. I thought y'all should know.
Personally, if am upgrading myself am not doing it for people. Am doing it because I want to feel a certain way. Example, when I used to live in a single room, then my salo ikaongezeka kiasi and I decided that I want to have my own washroom, so I moved to a bedsitter. And I upgraded my house, not for anyone really because I don't even like visitors. So, not everyone does it to be seen.
I really like her passion on this topic at her age it's very good. But She just needs more education on money and finance her knowledge in this topic is very basic, based on experience and passion. Education will help improve it glad she's young still alot of time to learn. Good job beautiful sis.
THE BEST FINANCIAL COACH IS GOD it start with TITHING saving money in Islam is not forbidden. ... The difference between saving and hoarding is whether or not zakat is paid. If you are setting wealth and assets aside and paying zakat, then that is permissible, if you are saving your money and also not paying zakat, that is what is known as hoarding and is forbidden. Birds never save for bigger nest,bigger store of worms as a new year resolution
Gal bye !! There is no way I could not upgrade my own comfort from earning 20Gs to a40Gs and still leave in a shared bathroom ,toilet etc We do it for our own comfort ! Home is where peace and comfort should start Gal you leave with your parents what do you know about bills??#richkidsofnairobi She has good points too ,I’m not trashing her #galpower Damn I’m tired !!interview someone who doesn’t leave with parents
Maybe she is saving to buy her own home, it makes sense to live with her parents until she is ready to move into her home instead of renting and making some landlord rich.
Ok. How much does she make. Is she on the rich list. If these psychology doesn't bring her what she is trying to give other people , she is then just entertaining us. Little sis I need yr anwer. I need to pay my bills on time. I told my boss to understand the psychology of money and wait me a while. Unfortunately he didn't understand and put me in JAIL.
Its understandable and our life,just save 2k,the law of accumulation is the 8th wonder of the world.You start and things start coming your way....Albert Eistein.