Kenyan Man Cleverly Breaks Down How To Live In Nairobi On KSh 50k Salary On TikTok: "Usistarve Watu"

• Young influencer's budgeting tips, including capping rent at 30%, revolutionize KSh 50,000 earners' savings strategy
• TikToker's advice advocates KSh 13,500 rent cap, KSh 4,500-6,000 transport, and KSh 1,000-1,500 for electricity, reshaping financial stability
• Expert TikToker advises mirroring rent in savings, endorsing sacco investments, loans, and assets for long-term prosperity among Nairobi's earners

Budgeting finances well can determine whether a person sinks or swims financially. A young TikToker has taken it upon himself to help people living in Nairobi on a KSh 50,000 salary live comfortably.

Electricity should cost KSh 1000

According to Good Joseph, capping one's rent at 30% of one's salary will go a long way in helping them save money.

Ideally, 30% of KSh 50.000 is KSh 15,000, but he recommended squeezing it to about KSh 13 500 to save more.

"If you live below the KSh 13, 500 that is even better," he said.

Transport was the second item after rent on Joseph's list, and he asked people to use between KSh 4500 and KSh 6000.

Entertainment and fees have same amount

Despite the skyrocketing cost of electricity in the country, TikToker asked people to use KSh 1000- KSh 1500 for electricity tokens.

"Food should go hand in hand with the amount you have set aside for rent," he said of the burning question in most people's minds when a budget is mentioned.

Entertainment and school fees were lumped together at KSh 4000 while he recommended KSh 11,000 to go into savings.

"Save as much as you pay rent; pick a sacco where you can invest the money because you cannot be wealthy with savings. You will have shares, be entitled to a loan or buy an asset," he said.

Comments from netizens:

Ugali Nyama:

"Let me not forget this ✌️when, be capable of getting the amount at the end of the month...but meanwhile fanya ya seven thousand."

user48258406114545:

"What about those who are earning 10 000 in Nairobi?"

Samuel Murimi:

"Wooow .....good advice bro...am always encouraged to watch your videos."

Fredy:

"What about emergency like treatment."

SimpoSimon:

"Do for me ya KSh 90k working in Dubai. No rent; it's free accommodation. But have a wife and a child."

choge11:

"Kwani hatutumii wazazi kitu ushago?? I have never seen anyone budget for this."

Breaks down her weekly budget

In another story, a Kenyan woman shared a video on TikTok showing how she keeps track of her tight weekly budget.

The woman, identified as @rita.on.a.budget, neatly arranged breakdown notes amounting to KSh 19,500, which she distributed on her necessities.

After putting aside money for her fare to and from work, lunch, her hair, nails, and dining out, she noted she remained with KSh 3,000.