Kila mtu aishi maisha yake. This country is full of jealous bitter people. You can’t buy anything without being bad-mouthed. I have learnt to please myself while ignoring all the kamati ya roho chafu crocodiles.
On an unrelated note, my boss bought a Porsche…siezi sema ni gani but huwa anasema it costs 200k usd. He bought it using financing from Stanbic ama ni stanchart. Sasa he is a billionaire, a real one, not hii type ya ktalk. My thoughts huwa maybe the money is held up in other assets or time value for money, it makes financial sense to spread payments for such depreciating assets say for 4 years. Maina lakini nikadhani haezi afford cash payment for such because he simply doesn’t have the cash and he is not as rich as you may think.
He has been earning a high salary for sometime. Maybe he has invested well.
Maina ako na pesa kama ghaseer. He’s been earning more than a mirrion for the last 10 years alafu ongeza investments ako nazo kibao. His land selling side hustle used to rakevin crazy cash. He was charging 4 mirrion to endorse hizi land buying companies in addition to getting a cut for every sale. He made tens of millions.
Background yake pia si mbaya. The mzee was well off.
Why spend 13 million upfront on a car when someone else can finance?
It makes sense to maintain your liquidity position and have your investments and passive incomes ilipe loans
Peasants don’t actually realize you can easily be rich with debt.the mere fact that a bank can do an appraisal and offer you a car loan ,in itself says you are not average
Ingekua mjaluo the narrative here would be qauite interesting :D:D:D