I’m moving to Nairobi for a new job; how do I budget and save on a Sh45,000 salary?

Plan your money wisely by budgeting, tracking expenses, saving, investing, setting financial goals, and having a side hustle.

Photo credit: Shutterstock

My name is Kezia. I’m 27. I am a mother of one, a boy aged five. My son and I have been living with my parents in Meru town. My son is in PP2. My mother is a retired primary school teacher and my dad is a veterinarian. He owns an agrovet in town. I have been working at my dad’s agrovet for upkeep, but I recently got a job in Nairobi with a gross salary of Sh45,000.

I am starting this job on April 1. This is my first formal job after years of joblessness and I want to make something out of it. My son will be staying with my parents while I work in Nairobi.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.