S.P.I.C.E
15.4K posts







380+ inaeza ingia Kenya high wakubwa?





Just saw the Kenyan recipient of the Google Research PhD Fellowship in Health Research! BSc, MSc and now PhD... all from Dedan Kimathi University, in Electrical and Electronic Engineering😭😭😭 Her profile is clutch!

Eyes too big for hide and seek ..😄



Model Budget Breakdown for a Net Income of Ksh 70,000 Net Income = Ksh 70,000 ➡ Bucket 1 = Ksh 14,000 (Savings) Eg. MMF – 7,000, Stocks – 5,000, Sacco/Retirement Fund – 2,000 Always pay yourself first. Automate this if possible. ➡ Bucket 2 = Ksh 35,000 (Expenses) Eg. Rent – 15,000, Food – 10,000, Transport – 4,000, Utilities – 3,000, Insurance – 3,000 These are your essentials—costs you must cover to live and work comfortably. Aim to keep them under 50% of your income. ➡ Bucket 3 = Ksh 21,000 (Wants) Eg. Entertainment – 6,000, Personal shopping – 5,000, Family outings – 5,000, Subscriptions & hobbies – 5,000 These are flexible and can be adjusted depending on your financial goals. It is wise to track every shilling for at least 3 months. You’ll quickly see where your money leaks and where you can save more. One more thing, any unspent amount or extra income should go straight into your savings or investments.









