Help! My wife calls me ‘Mr Torn pockets’ since I’m broke Relying solely on your salary is risky with retirement just 12 years away - start budgeting for personal growth.
I’ve Sh4,000 left monthly. How can I save Sh1.5m for land by December 2026? As your finances grow, build an emergency fund to avoid being exposed after major savings or investments.
PRIME Where to invest for comfortable retirement life Financial experts say comfort should be an important factor when planning for retirement.
I earn Sh114,000 but have nothing to show due to loans Getting out financial distress requires discipline and financial sacrifice especially in the early stages.
How do I get out of debt and create investments that can give me Sh200,000 monthly? Enhance monthly savings capacity: By minimising expenses and potentially increasing income.
I’m the only one in my family with an income, help me budget Adopt smart financial habits such as reviewing your financial position, living within your means, tracking your money, spending with a budget.
Help! I am stuck in a cycle of Sh200,000 mobile loans You can improve your finances and build stability with a clear plan and by tackling the root causes of your debt.
I’m broke and debt-laden, should I quit this job and return to the village? One practical way to cut costs in Nairobi is through shared housing. Get a trustworthy roommate and share the bills.
PRIME Help! I’m a teacher earning Sh21,000 due to debts. I have nothing to show for my 10-year career You don’t have to fix everything overnight. The goal is to take back control, one decision at a time.
PRIME I have Sh5,000 left after loans and bills. How can I afford a Sh1m plot and house? The most effective way to achieve your goals is to first create room for savings by prioritising the repayment of your existing loans.
PRIME Why you need a wealth manager While over 60 percent of Kenya’s wealthy rely on professional fund managers to handle their investments, only about 15 percent of the middle class—including many in the diaspora—do the same.
PRIME I earn Sh51,000 net but always overspend by Sh20,000. How can I plan better? Track daily expenses and summarize them weekly and monthly to create an effective financial statement.
PRIME I spend Sh842,000 on expenses and loans monthly. How will I be able to retire in three years? Retirement savings should be sufficient to maintain and sustain a decent standard of living after retirement.
PRIME Financially woke: How Kenyans are investing today Wealth managers say young professionals, retirees, and business owners are increasingly showing a growing interest in saving and investing.
PRIME I have Sh4m in savings. Should I go study abroad or expand my business? I work as an online tutor and do data entry for a home health nurse. I have no debt.
PRIME I earn Sh49,000 net and spend Sh44,000. Should I borrow Sh500,000 to start a business? I am a 26-year-old accountant earning a net salary of Sh34,000. I also earn an additional Sh15,000 from a side hustle.
PRIME We pay rent Sh41,000, tithe Sh40,000 and have Sh900,000 savings – Is our budget okay? A financial lifestyle audit is anchored on three pillars: Calculating your net worth, tracking your money and spending with a budget.
PRIME I’m a boda rider with a new internship paying Sh20,000. How do I support my mother and son? The start of a new job in April is an ideal opportunity to build a habit of disciplined saving.
PRIME Can I plan for parenting without sacrificing my retirement goals? Saving for your retirement will also ensure that you do not use your children as a retirement plan for your future.
PRIME Help! I’m 30 with six years of work but no assets You need to track where your money is going by analysing your expenditure throughout the month.
PRIME Help! I’m a family man, 29, with net pay of Sh32,000 but stuck in debt Reduce your spending by reviewing your budget every month and finding areas to cut back.
PRIME Who pays the piper? How third-party funding could transform arbitration in Kenya Given the rising costs associated with initiating and sustaining arbitration proceedings, there's a growing argument that Kenya is ready to recognise third-party funding.
PRIME Youth rewriting wealth creation script with bonds Just two years ago, opening a Central Depository System (CDS) account to invest in government securities was a daunting task.
PRIME Dynamics in investing: Pitfalls to avoid when exploring investment opportunities Investing is a noble idea; it can even get better when you do proper background checks.
PRIME I earn Sh83,000 but have Sh1,000 left. How do I renovate my parents’ home and buy a car? Financial literacy is about having the knowledge, skills, and confidence to make financially responsible decisions.
