Been seeing so many threads guys asking how to SAVE money.Nimecheki majamaa giving replies like saccos or even saving liquid money in a fixed account.I have a better option that WORKED for me and It will work for you
1.You should have a constant income first
2.Ask yourself if you get your accumulated savings ntafanya kazi gani nayo?.Do a survey and some homework including market.Make sure this idea will give you constant income .
3.Take a bank loan
4.Start working on your idea in step 2…you can buy things like motorcycle, tuktuk or even order things from China using the bank loan
5.Start repaying the loan with the SAVINGS you wanted to save
6.Within few months you will have repaid your loan plus owned something that can give you a side income
7.Repeat the process and you will be good
NB nothing is guaranteed here.You need steel balls and plan B if things dont
Hii biz niliiogopa, it almost gave my uncle a heart attack. The first few months alikuwa anapata doh as per his agreement with his drivers but later all that changed
He had instructed his drivers wafunge biz by time fulani na wampee doh kiasi fulani. The drivers complied initially and my uncle was counting months to his first mirrions.
Later doh ikaanza kupungua na he heard rumours that his tuktuks were seen operating as late at 12am, mzae akajua ni kubaya.
The last nail on the coffin is when one of his drivers lied to him that he was in the CBD while he was actually in Kitengela kukamua kunguru yake huko.
My uncle alimwambia fungia hiyo tuktuk kwa gari nairudisha home