How to manage Ksh 150,000 salary in Kenya


If your monthly salary is Ksh 150, 000, then you are among the 1% of Kenyans who earn the highest amount of money. Earning this money is not a problem, the challenge is how to spend it.

The basic rule of managing the salary is that your monthly rent should not exceed 1/3 of the net income. With a salary of Ksh 150, 000, your monthly rent should range between Ksh 20,000 and Ksh 40,000.This means that you will be renting 2 or 3 bedroom apartment in Imara Daima, Rongai, Nairobi West, South C,South B,Kasarani or Donholm.You will get a special and cheap apartments in these estates.

If you pay a monthly rent of Ksh 40, 000,you will remain with Ksh 110,000.That is if we assume that your net salary is Ksh 150,000.But if the gross salary was Ksh 150,000,then after rent and taxes, you will remain with Ksh 60,000.

Shopping for one month will cost Ksh 20, 000, other bills will cost Ksh 30,000.You will remain with Ksh 70,000.You should also include miscellaneous expenses of Ksh 10,000.The net amount you’ll remain with monthly is Ksh 30,000 to Ksh 50,000.

To avoid squandering the money, join a Sacco where you’ll be saving at least Ksh 20,000 monthly. You should also channel some of the cash to money market. The Sacco savings will help you secure a loan in future for development, you will also earn dividends annually. Money Market Fund will pay you interest of at least 12% of your savings annually.

The things to avoid are alcohol, gambling and women. If you discipline yourself, you will go far after a couple of years.


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