Loans have become a perennial problem for thousands of youths in Kenya.
Indeed, the pressure to live a comfortable lifestyle, coupled with the numerous problems sprouting from the high-cost of living, are forcing Kenyans to take eat up loans like hot-cakes!
Even if you’re drowning in loans right now, do you know that it is still possible to retire before you hit the age of 40?
It’s all about a matter of changing your mindset and adopting the following habits on a daily basis:
Create A unique Side Hustle
And I’m not talking about buying a matatu or starting a clothing shop.
In terms of side hustles, perhaps it is high time you turned to the internet. In fact, there are plenty of opportunities in the internet from where you can create a great side-hustle.
Nevertheless, you should always be searching for great opportunities to create a side-hustle; whether it is online or marketing around your area.
Save 20% of Your Income
This might sound difficult, but it is very vital for you to save some part of your income so that you can start a business to make some extra money.
This is extremely important.
To retire, it is important that you not only depend on your social security, but also an extra bit of income.
Have A Great Life Plan
Additionally, it is ideal to have a great plan with your finances in your 20s and 30s.
For example, you don’t have to always party every weekend. You can spend some time at the house and party once a while.