Lynn, thank you for all you do. I really appreciate such great minds. I am in diaspora and follow you sana. I will start by saying, my kids start working while in high school. I refuse to give them cash, I encourage them and trust me, by the time that child goes to college, they have saved up so much.

Africa would be the most innovative place if that were true...

​@@peshfra6026😅😅😅

Good for you. For us we prioritise other things like building rentals, buying a car before building a house which is a liability. Whatever works.

You've bought lands, not land, built houses, not house but couldn't spare even 400k to buy a secondhand car to help you move around with convenience?

Invest in good education as well for the children to be able to live a good independent lifes and look after their asses 🌹

Its funny you think buying houses and land guarantees a future for your children. I have seen children inherit 200+ acres and run that to the ground

This life no balance 😢

Hawawezi ruhusiwa na the greedy leaders we have currently

These are theoretical knowledges. Most commonly found in Africa. Practicals will always rule.

They are there, but they become sycophants

​@@sonbirdgenerals6952wisdom is listening and picking bits and pieces to help you. Wholesale Criticism is just a negative self harm. Just listen.

❤

Thank u for putting up this reminder

Same here. This gentleman is dispensing wisdom👌

Safi sana

Learned😉

This is so true

How we cheat ourselves that we're in the digital era using our mobile wallets.I had stopped cashing money completely. It's high time I make an about turn

Bitter truth 😢

@@dorismae5321 I agree. It's good to see the money you're spending right there rather than waiting for a statement at the end of the month

Your statement clearly demonstrated a lack of financial understanding! I will put it blantly, you exhibit a lack of financial fundamentals! In simple layman terms, you are basicically financial illiteracy! The spewing of such rhetoric has become the norm. This has been turned into a cliche and as a result dysfunctional financial thought patterns and habits have unfortunately been engrained and normalised in the psyche. The problem is not the credit card! The problem is you! You lack fiscal discipline! You need to practice delayed gratification! A credit card is good if you only know how to use it! Debt is good if you know how to use and make it work for you! Lack of knowledge is the downfall in most of our communities. Please seek to financialy educate thyself! Think before you talk or comment on issues. Make sure you have an understanding of what you are talking about! Do not just copy paste and spew rhetoric just because you have heard it from someone. It unfortunately displayes your ignorance on the topic. Become a thinker and begin to question others but most importantly yourself! Exercise critical thinking! Finally change your mindset and develop self-discipline!

True.

People end up investing and not even enjoying their money only to realize time is gone and have no energy to be adventurous. Time also matters. When you live longer, you start appreciating the time you spent enjoying your money😋

@@ruthn9381 exactly!

He said it well, it all depends on your end goal, and for some people it's to enjoy life today and that's valid too. Enjoy life to the fullest, then retire with little to nothing. Someone else will choose to live below their means and live comfortably 10-20 years from now. These two people are right, it all depends on what you want.

Exactly, live life

I am watching from the US and im from Ethiopia. I learnt a lot from this and taking a note.

With such awareness, we can start from our own homes

That's over 20k a month bro you either have some unnecessary expenses such as impulse buying check on that. You need to write down a monthly budget of the things you really... really need besides the usual bills and cut off what you actually don't need and also keep in mind on how much you can save. Let's say for example your monthly budget is 3k and end up spending less and you got some change, have a good smile cz you spent less than what you had budgeted for but it doesn't mean the change you got you must spend it on something just because the budget was 3k

@GregorFallon you still have a lot to do congratulations 👏 you have reached the first bold move acknowledging that you need to change. It will involve a lot of sacrifice, discipline and dedication towards the goals you desire to achieve. Begin with a budget, vision board, skills you have that can give you an extra income. Start with monthly, bi-annually and annual goals but also remember there's a wellbeing circle ⭕ to help you achieve it. I would be glad to help you out as an investment banker and personal finance strategist.

Wow...its not too late..

I came across Dave Ramsey videos on KZfaq about managing finances and kept reading people's comments in the chats and my life changed. The key thing is start budgeting, leave below your means, have an emergency kitty saved ( in case you are not working, 6 months living expenses, save it maybe in a moneymaker fund), etc. He calls them babysteps, I have started, I am not there yet only wishing j would have known this early

Follow Susan Wanjiku she's a financial coach and held such talks on how to manage your finances depending on your salary,how to invest and save.

TZdians are smart too.

Not really, it's just because no one is giving them"great minds"a platform..late president Magufuli was great.

​@@dwamburu1Exactly. They are. I've been traveling to TZ and have met several TZians and they are doing great 👍🏼

You wicked speak of yourself, you aren't the state spokesperson, if you aren't smart, it's about you and your family, it's not the whole nation! I am sorry if I may sound rude!

When it comes to business minds, Kenyans are my heroes.From UG

Good point but you managing 2 jobs is being in survival mode and to what end? You need to create assets to generate money for you with or without you physically working.

Hi we celebrate you our alumni and ambassador.

Very true mercy,my father thought I was not worthy for higher education as a girl, my senior bro got a degree ad funny enough he build him a2 bedroom house. Many years later I'm their ATM machine. In short what worked me was consistency ad working smart.

I just finished reading Rich dad poor dad.that book is life changing

Please can you summarise points he gave? Please

What are some of the books that you read?

Waiting for the answer too.

@@irenemukumu6721 Dave Ranseys books are the best if you're just starting out. Suze Orman also has very good books on personal finance. David Kiyosaki also gives great advice on investing. They're all old school but I haven't found any other authors that offer better advice. Dave Ransey also has a radio program thats very popular too.

@@brayanwafula6964 Dave Ranseys books are the best if you're just starting out. Suze Orman also has very good books on personal finance. David Kiyosaki also gives great advice on investing. They're all old school but I haven't found any other authors that offer better advice. Dave Ransey also has a radio program thats very popular too.

​@irenemukumu6721 kindly read 1. "The psychology of money" 2. "Atomic habits" 3. "The magic of thinking big" you'll never be the same again.

Great Teacher thank you iv learnt alot❤❤❤

Motivational ad informative, not educational.

Glad you are enjoying the episode 🙏

thank you for the affirmation

We are together here 🇿🇦

There will never be perfect time, like he said 'growth happens when in uncomfortable situations ' once you have the responsibilities, they will push you to earn more. Thank me later.

What is 401?

Exactly and rent goes up every year. I’m happy paying mortgage

@@pendoscott3593 true, and if your water and sewer aren't included in the rent payment, they charge you a different amount monthly and it keeps going up too.

Move away from the city na uende ushago ya America

@@ichooseviolence2532 this is where the jobs are. The ushagos here are also becoming expensive since everyone is moving there. Also, driving to my job would take me 1.5 hours if I moved. Hopefully I can buy another house soon

We celebrate you for taking action.

@@Centonomy101 I literally increased my income, managed my spending heavily by clearly defining my wants and needs, like you said, stopped buying jewelry and junk food🥹, took back my financed car and bought a cheaper one cash( I have the video on my channel) and invested in one property in Kenya. I wrote an email back then to y’all just to say thank you! 😊 . I wish more people could listen and take action.

@@Centonomy101 Thank you again! I literally increased my income, managed my spending strictly , and defined my wants and needs like you said. I stopped buying jewelry (that one interview with Caroline Mutuko when she said to only 2 -3 classic jewelry inspired me) and junk foods, took back my financed car and bought a cheaper one cash( I have it on my videos) and invested in a property in Kenya. I still can’t believe I did that. Was living paycheck to paycheck 😭. I wrote an email back then to thank you Mr Waithaka.

@@tshiruh5 we celebrate you. This is what we teach all that if you implement and take the actions you will attain your goals. We'll be glad to shoot this testimony video of yours to inspire others to take action.