My name is Julius. I live in Nakuru. I have a daughter who will be joining school next year. I earn a net salary of Sh21,000. I have a Sacco outstanding loan of Sh166,000, of which I am paying Sh8,000 per month from my basic salary (Sh45,000).
I also have other loans outside the Sacco of Sh40,000, of which I am lost on how to repay them from my salary. I have some side hustles from which I get Sh5,000 per month. I am also in a table banking group where I pay Sh4,000 from my salary. My rent and internet cost me Sh9,800 every month. Please advise me on how I can pay off these loans and start saving on the side before the year ends.
