My name is Earl. I work in the pharmaceutical field where I earn a gross salary of Sh50,000. I have worked in this field, earning this money for seven years. In that time, I have saved nothing. I don’t know how to save or invest or even budget my money, yet I have a wife and three children.
The only expenditure I am sure about is Sh7,000 which I pay as rent for the apartment we live in. Please help me with a savings and investments plan. I am desperate to turn my financial life around.