I am 47. I earn an after-tax salary of Sh780,000 a month. My total monthly expenses are about Sh400,000, with the bulk being school fees for children. Above that, I have a mortgage loan of Sh136,000, Sacco loan of Sh252,000 a month and a personal bank loan of Sh54,000.
After these payments I literally have nothing left. I do have a side hustle giving me about Sh300,000 a month and it is where much of the Sacco loan was invested. My net assets now are around Sh90 million but other than my Sacco savings of Sh2 million and pension of about Sh6 million, I don't have much liquid to write home about.
