DJ Bash recounts his good old days…Now, he can’t afford even to fuel a car. He was living in Lavington during his glory days…
but si amesema sio dollars??
if it were,then he was earning good money.
but I get the point, save money. Save Money.
Make hay for the rainy day
That guy is depressed. Hope he has some solid support system around him
Why do these Kenyan celebs waste cash at the top of their careers, fail to invest, and then get angry at the public once bankruptcy comes knocking?
Hiyo pesa hawakutugawia. Magari hawakutupea tuendeshe. Dubai hawakutupeleka. Hata madem walidinya hawakutupea through pass.
We the public don’t owe them a fucking thing.
Ghaseer ebu enda advice Khaligraph jones ama otile brown saa hii kuhusu money management uone kama utalast a second more bila kufurushwa. But theyll be humble in 10yrs. Unajua saa hii unaeza lipa marya/avril doo wakunyonye na wakuoshe rungu but in 2011 you would pay just to take a picture of them from a distance…time ghaseer time…
But Khaligraph anajipanga poa…
yes but mostly hao ni watu wa mkono. Paying a photograper 5K for a night and mind you it is from 12Am to around 4am means he was making good money
Eeh juu hiyo mall amejenga itampea doo in future
ye pia hufanya biz ya kuuaza magari Kangundo Road. To me, yeye hunikalia msee focused anajua chenye anafanya unlike other artists,… Having a place to call home is also an achievement
Hata ako na shamba kubwa za mchele huko Ahero
Kabisaa. Kwanza Carrefour wakiingia, ameomoka.
Mambo ya pesa ni complicated to start with, add social media into the mix, disaster. IF you can answer hiyo swali umeuliza, pale Strathmore wanakupatia PHD economics direct!
I wouldn’t mind Avril. How much is she charging and how can I get her?
But sijawahi kuget hii mentality ya Kenyans kujenga nyumba ndio kufika.Mimi kitu naweza heshimu ni mtu akinionyesha equity/businesses anaown na portfolio yake ya stocks n marental zake. These are solid generational wealth that you can leave behind.
I was looking at the kshs.1.2 billion assets SK Macharia’s son left behind and you know the grandson is financially set - around 6 businesses, mansions and high end vehicles.If you build your house kwa kichaka huko Joska Kamulu where your kids have no interest in living in once you are gone they will liquidate the property, spend it and go back to being broke.
63% of Kenyans live in their own homes, while only 48% of Germans live in their own homes. Yet the average German earns 50 times what the average Kenyan earns.
Maybe it’s the failure to grasp how economies and finances work. More like how the Maasai used to view large herds of emaciated, unhealthy cows as a sign of wealth.
Most Kenyans desire visible signs of wealth: big houses, high end cars, holidays abroad, kids in expensive schools, etc. To them, debt and net assets are just minor details.
In the next 10 to 15 years, Millennials tunaingia retirement age.
Kwa game ya musical chairs, ngoma ikizima hakikisha uko na kiti!
“Only when the tide goes out do you discover who was swimming naked.”. — Warren Buffett
deep
Where did you get those statistics? Can’t be true.
More than ½ of Kenyans live in their own houses??
Those stats are waaay wrong tbh
70% of Kenyans live in the rural areas; 85% of the rural folk live in their own homes. That’s about 60% of Kenya’s population.
30% of Kenyans live in the urban areas; 21% of the urban folk live in their own homes. That’s about 6% of Kenya’s population.
So about 66% of the Kenyan population live in their own homes.
Wacheni kizungu mingi. What anyone needs is a money printer. It could be rental income, dividends, or profit.
The problem is that Kenyans want to store the little they have instead of KEEP PRINTING. That’s why they build big houses in Rongai and Kamulu.
Alafu even if you go into business, you want biashara rahisi. Additionally, mnaweka pesa kidogo sana kwa hiyo biashara. Biz ya 500k can’t print money! Sasa unafungua restaurant ama hardware ama mpesa shop na 500k alafu you expect to make real money from it?
Here’s what most of you do with 3M.
1M - Mnanunua plot Kamulu
1M - Mnanunua gari
500k - Mnaweka biashara
500k - Mnakula hepi
This is stupid. Weka biashara ya 2.5M and make actual money. Business is all about scale and volume.
Nyinyi mnadanganywa na gurus ati “diversify your portfolio”. My friend that is advice ya billionaires Kama Mimi because I’ll throw 3M here, 10M there, 15M pale.
Wewe na your 3M don’t try to put 200k here, 400k there etc. Those are small businesses at best and that won’t make you money. If you’re working with 5M for example, GO ALL IN ON ONE BUSINESS. Specialize specialize kabisa. That’s how you win. Either go big or go home if you’re dealing with pesa kidogo Kama 3M.
Unafungua Mpesa shop na 300k ndio nini ifanyike ndugu yangu? Don’t do that. Take risks. Ata afadhali utumie iyo 3M to buy all the avocados in your town and go export or supply somewhere. This is just a lame example but my point is INVEST ALL YOUR MONEY IN ONE THING and specialize at becoming the best at it.
Meffi nyinyi. Ati duka ya kuuza gas 300k, pub ya 400k, na sijui cyber cafe ya 500k. You’re an idiot. Those small businesses have the greatest risk of failure.
Afadhali you spend all 3M to do ONE SPECIFIC THING. That volume of money will be your moat and you’ll beat every single small scale business man in your locality with this strategy.