My name is Derrick. I earn a gross of Sh60,000. After statutory deductions, I take home around Sh43,000 but end up borrowing. My family's household expenses are as follows: Rent - Sh11,000, School fees for my two children per month - Sh10,000, Transport - Sh5,000, Shopping - Sh5,000. Can you please advise me; I want to buy a piece of land, build a house upcountry, and finally buy a car without taking out a loan.
Josephine Murage, an investment banker and personal finance consultant
