I work as an IT specialist in a well established company within the CBD. My salary is ever prompt at the end of the month but my main worry is that my salary is never enough. I live in a 3 bed roomed house which I pay for 35,000 every month. Apart from food and a few clothing (which I rarely shop for) I find my salary to be less than 20k and by the time the month is beginning to end, I am left with totally nothing in my account and resort to borrowing transport money from my friends. My spending habits are acceptable for someone as single as me who needs to enjoy a good life.
I spend 5,000 on at least 2 Saturday nights of every month on drinks and partying with friends. Apart from that, I am a very generous and philanthropic individual. I always get invited to Harambees and other event contributions as the guest of honor. Not every month but I can say at least once in 3 months.
My extended family in upcountry depends on me as I award them a total of 5,000 every month. My other expenditures are that I am in the process of repaying my car loan which is 15,000 monthly as well as my HELB loan which is 5,000 a month.
My car has to be fuelled because I normally travel out of the city almost every week. What disappoints me the most is that some of my friends earn much less than I do yet they seem to be living a comfortable life.
My one friend earns 30,000 per month yet he drives a car and is not into debts. He seems to get on very well with his salary and our spending habits are not that different. I am not a shopaholic so I don’t spend much of my money on shopping.
I am very confused and do not know what to do. Advice me
concerned graduate
Why would a sane human being who is single live in a 3 bedroom house that fucking dents him 35k. Why cant you live in a one bedroom house that costs 15k or a 2 bedroom house that goes for 25k that way you will get to save 10-20k. Spending 5,000/- on drinks every month is a pretty decent amount to me. I have no problem with that. Contributing once in every 3 months is okay. Contributing 5,000 to your extended family and 5,000 to HELB is still okay. I dont see any problem with that.
Secondly, you seem to be prioritizing on the wrong things in life. Why would you hurry to buy a car? To make it worse you bought it on loan?? Nothing’s bad like buying a depreciating asset on loan. You could have put your priorities in order and the car would come later. This said car is also draining you heavily. You have to fuel it you have to service it which means it heavily dents your pocket. You pay 15k monthly as its loan money that should have been put to good use.
Doing the math you should be having something like 50k to use and you couldnt have been broke. Dont ever compare yourself to your friends. You may find them doing aide hustles that you dont do giving them an edge over you.
Mwanaume single unafaa kuishi kwa single room. Ile siku utapata girlfriend ataku-upgrade muende kwa bedsitter. Mkipata mtoto you move to a two bedroom house.
problem with you is that you are living with the mentality of “what will others say” ,ishi maisha yako ,don’t try living beyond your means juu unataka kubamba rende
Bachelor 1-bedroom inatosha. Also, uza hiyo gari. I know how hard it is kuuza gari for a young bachelor lakini hiyo lazima uuze. The largest costs of owning a car are not direct. They are indirect. With a car, hutawahi kosa bash hata ikiwa Nakuru, and that is a big problem. Expenses za gari zile mob hata its not directly related to fuel or spares, it is the extra cash you waste juu ya mobility. Ukiwa kwa hao kama bachelor uitiwe form westy if you have a car utaenda asap without thinking, but kama huna you will not go.
A bachelor with a well paying job, living in a 3 bedroom house, driving a bank’s car, and worrying what others think of him. Mmhhh. Nothing’s wrong with you. Learn to love and accept yourself, sort out your low self esteem issues, and then you’ll be able to manage your money and relationships.
I’m pretty sure you are single or in a relationship with a woman who cheats on you like a promiscuous Inkalimeva.