I am Joan, 27. I have no children and earn a net pay of Sh80,000. Lately I have been desiring to own a car because I am tired of using public transport. I have savings of Sh120,000. How can I buy a car worth Sh600,000? My expenses are: Rent and utilities, Sh17,350, monthly shopping Sh8,000, monthly upkeep Sh8,000, hair Sh3,000, Netflix Sh700, Amazon Prime Sh560, Google subscription Sh250, gas Sh1,200, electricity Sh1,500, Wi-Fi Sh3,000, nails Sh500, savings Sh20,000, travel Sh10,000 and gym Sh3,000. I live with a sibling, and this is why the food budget is high.
Chacha Nyaigoti Bichang’a, a financial coach at Chachanomics Firm
