Millions of Kenyans are struggling financially due to the growing standards of living as we all know it. The economy is only as bad as it gets. however, the wise Kenyans have decided to find ways of earning a living and living a fairly comfortable life. There many ways of earning an income but unfortunately millions of Kenyans are struggling due to the lack of these precious gems. This year lets change this and here’s some tips how to.
START
WITH A PLAN
As the
adage goes failing to plan is planning to fail. This is where resolutions come
in, before the start of this year you should have a financial plan. What is
your budget this year? What are the bad spending habits you would like to stop
that emptied your pocket dry last year? What are your goals? How has your
performance at your workplace been? Is there something you need to change,
maybe your attitude or simply turning to work late? If you’re aiming for a
promotion this is exactly what you ought to look out for. Write all thing down
but the story doesn’t end there make a plan on how you ought to achieve your
goals.
FIND AN
ACCOUNTABILITY PARTNER
Find a down
to earth friend who will hold you accountable for neglecting your goals. Be
honest and tell them of your financial plan, of course this must be someone
trustworthy and close for example, a spouse. Let them monitor you, tell them of
your progress and failures so that you might come up with the next course of
action.
HAVE A
SIDE HUSTLE
It’s a no
brainer that no matter what profession you are in you must have a backup, no
one knows of tomorrow but a wise person would have a backup plan. With the
increase in technology, online services are everywhere and this is a blessing.
You can come up with an online job their countless ones just choose what works
with your interest and time. Most online jobs do not require special skills
just a bit of your time. Unlike the traditional hustle system that requires
your physical Prescence, online jobs can be done while you’re strolling around your
office chair waiting for a client this saves you time and energy, allowing you
to focus on family. However, if you’re not so conversant with how online jobs
work you can still opt for the traditional hustle. The catch is having a
backup.
START
NOW
The problem
with most of us is not that we don’t have an idea but the fact that we, think
of an idea then tell ourselves it won’t work. We should be willing to take
risks and do all we can until we succeed. Procrastination won’t get us anywhere
but taking action surely will. Imagine if that idea is the one that would make
you a multi-millionaire but you simply brush it off? why not try and see where
this adventure will take you. Is it a restaurant that you’ve been dreaming of opening?
do it there is no such thing as the right time, if you can invest on your idea.
Please do.
TAKE ADVANTAGE OF YOUR HOBBIES
Most if not all of us have a hobby, and if you have none try one until you find the one that works for you. Hobbies are very important. In our busy lives they are an outlet for the soul and mind. Respectable activities which we enjoy and do freely without a supervisor breathing down our necks, but are you aware that this seemingly insignificant activity can be a source of income? Most of us don’t like monetizing our hobbies since its an activity we enjoy without pay but the key is moderation it won’t be a full-time job but just another source of earning. Again, I emphasize on online platforms you might not get people in your local place to buy your stuff but you would be surprised by the amount of people willing to buy them online. There is a site known as patreon.com. Here young artist and authors can find monetary gain for their work together with many others.
SAVING
Most of us
are familiar with this term but, not what to do about it. Saving is simply
cutting on expenses’ good way to save is through m-pesa this is how, simply log
into your m-pesa sim-toolkit >Safaricom>m-pesa>loans and saving>mshwari>lock
saving account>open account. You’re only required to put a minimum of two
bob then the next day twice the amount of the previous, . Saving on smartphone
is much better since we tend to really spend our money in our M-pesa account.
Also choosing cheaper thigs in order to save is actually wise but this doesn’t
mean that we become overly protective of our money we can still occasionally
treat ourselves, but still save. Saving is not so much as not spending money
but, it is more of not spending money unwisely. Adopt a saving habit and thank
me later you’ll be blew to buy things you never thought of, open businesses you
never dreamed of. Saving is a powerful tool we chose to have it.
BE
CAREFUL OF SALES
I am sure
what am writing about is nothing new, we all get excited once a product we had
our eye on price’ has dropped to significant amounts. We buy it then feel we
still have a lot of money and buy a couple of other things, we tend to be so in
the moment that we don’t consider our budget until we sum up the cost and
realize we have messed. Once there is a sale firstly make sure the product in
question was initially more expensive it might be cheaper in other stores too,
consider by how much the product has actually dropped and then make a plan to
buy the product along with others whilst still considering your budget. Another
thing to look out for are online buying apps if you’re a person who is still struggling
to keep your impulse buying in check, I wouldn’t recommend installing this
apps. If you really need something online visit the site with the intended
product and purchase it.
