 Absolutely right on time and this is the last segment of today's show but first things first, let's interact on our social media and that includes Facebook, Instagram and on Twitter as well at www.y2for4channel.com on the ground and you can find me personally, Brian, some call 101. The hashtag is why in the morning as well but I ensure that you also find our TikTok channel which is www.y2for4channel.com. We've done some tests, we're definitely you're likely to see some good and amazing stuff right there but on this last segment of today's show it's about money and I love the fact that tomorrow is the time we also talk about you know how do you attract money, how do you retain money and how do you multiply it you know we talk about we talk of you know I want to save I want to house I want to have one million but then how how is it possible for you to have one million yes it is possible I'm not saying it's not even right now somebody can bless you you should be the luckiest person if somebody sends you a million Bob right now but then if you give a million how do you retain it out you know we say we're going to inverse somebody's self go and type but then my biggest point is how do I multiply from this one million to two million but then now let's move away from that a little bit when it comes to know your day to day life just as a normal money you know getting getting a strong financial support system is really a blessing especially if you are a student you're in campus you're in college and you know the way colleges and university you know life can take you through so many bad and crazy waves so the topic is financial discipline how do you for example if you don't sense your five thousand book every month maybe he expects you to maybe use it till halfway the month and then he can back it up I'll leave it towards the end of the month so how do you channel that money that five thousand up to a point where you're able to save something and still maybe when that sends you something again you still have something remaining for yourself and you know through those bad days that just come unexpected you're able to survive and thrive through so that is the conversation of the day and joining us live in studio are two powerful gentlemen one of them you've like you've you've seen him here a lot on our show he's Devin Marjali still a media student at the University of Nairobi including Danny's hire or Danny's archage or definitely those are his two names two last name he's he's gonna tell us he's a chairman University of Nairobi students with disability association is also acting chair Kenya students with disability association first of all good morning to you guys good morning yeah I'm gonna start off with you uh Dennis probably if you can introduce yourself a little bit and tell us you know what you're all about at campus you know campus life is really amazing and sometimes you can get really crazy so tell us a little bit about you know what you're all about before we get to the topic a very good morning to you my good name is hire Dennis I happen to catch our catch is is my name although I will use it when I become a professor sounds hey we are not ready we are not ready yeah so I'm a low student at the University of Nairobi and I happen to be a student leader for the students with disability association within Nairobi and also as acting chair for the Kenya students with disability disability association so that is what I love doing I love service to the people and competency in doing that service so that is what makes me going in campus as much as I'm doing low which is my best which is the best cause I've ever met on the world and I will not have done it in any other university except the University of Nairobi again so life in campus is there and there is the factory that changes boys to men and girls to ladies and later on women of of making good citizens of the country and therefore I'm in the process of being manufactured to a functional man who will be responsible and worthy and viable citizen of this great society that we are going to make in making thank you all right I love your party being manufactured still on that you mentioned responsible man when you're given money by your guardian of course at some point it does those who are lucky they have somebody who's supporting them through school but I believe school is especially campus or college or any other higher learning institution that's where basically you're being formed you're being nurtured to be like responsible like you mentioned a responsible man who's able to be accountable for his actions his choices and decisions but now let's talk about let's bring in the topic about money money stationary I've spoken to a lot of financial experts here on the show and one thing they say is that you know you know money how to multiply it you just can be given 50 000 and you hide it under the bad no you must find a way of investing and also invest and have out or returns but now it comes to expenditure as a student most of the two of you a lot of fact that you're in the same campus of course there are days your mom sends you something or your guardian let's forget mom or dad your guardian sends you some cash and they're expecting you they're expecting you to actually be accountable for that money if they're sending you like 10 000 this week maybe this this month has already begun they're not expecting you to give them a call on 15th of these some months asking for more money so how do you culture yourself to a way that you're spending accountably and you're able to actually give a whole narration of how you're spending your money without you know spending unnecessarily or gala especially in in campus and definitely like to hear you like how do you spend your pocket money you thank you for the question you've mentioned two things i would in law school we say your question we will submit it in two limbs so the first limb is getting money or being sent to or being given money another limb is spending the money you've been given the ha and with that we'll attach it with accounting for it sending money or being sent to money is the best feeling i think it is the most romantic message is the emperse okay even if you are not in love but you will feel the romance you could be having a bad day but i'm emperse confirmed boom you're ready to laugh here you will leave it a smile and jiggle a little bit right so it is a it is a good feeling and once someone has a good feeling then they plan how can you retain the good feeling because it is natural law that good feeling do not last every now and then so meaning at the end the money might say you're likely to cry you're likely to cry getting the money is a good feeling okay and the expenditure will come and when it gets depleted then you are likely not to laugh again you're distressed you're distressed right and you are in the miasma on how am i going to get another right so that is the sending of money now i've received the money and how did you spend it i'm interested in now we are going to spend it right so basically myself you asked me specifically how i spend money yeah compass in compass yes honestly compass do not have a lot of expenditure it depends with an individual or it depends with an individual okay because for example if you receive a thousand you you myself if i receive a thousand with my life in compass right now i might take two days with it okay yeah uh so where will it go mostly mostly i'm trying to where i spend my money being a leader i'm there's something called goodwill okay majority of people perceive you that you might be having more resources than them right so therefore if an individual who who you are leading or tends to see you as a leader lacks lacks fair for returning back home or even coming to school lunch at the hostel they will simply call you and ask me higher i really need to come to school i'm lacking a hundred so mostly where my money go to okay is sending to my good friends who might have not been lucky to have any coin that very day okay and two taking all right sorry uh let me engage devin and then i'm going to come back to you sorry to interrupt uh devin uh how is good spending or bad spending how does it where does it come in you've been given five thousand by your mother or your your father or generally your guardian and uh they're not expecting you to call them for example make pay a week they're not expecting you by next week or pick a ten they'd be like ah but devin to make to me a two five k a week what could possibly have gone wrong so would you call that as bad spending or maybe you had a situation and is this situation understandable and what is eating your money sure so when it comes to spending you know right now they all talk is about money in the kenyan i mean in the current situation right now if you don't have many dens like you are valueless i mean when we are considering everything that's happening in the current world right now everything talks about money and that one now brings us to the table and they talk about money on how you are going to utilize your funds your resources your income and money and everything so basically me as a person and at this level as a student if i'm given a small amount of money of of any kind maybe by a parent or guardian or anybody i mean generally an income to me as a youth okay most likely well if i'm brave enough i'll try as much as possible to use it in our way that it's quite you know fruitful you know rather than just spending it anyhow and doing anything that you know i'm not sure if it's really going to help me okay so i'll so how do you budget for yours uh maybe perhaps if you can tell us uh how much does your guardian send you for example monthly because uh if apart from let's say help uh i don't know if you're on help you're on help yeah i'm on help though i've never received a single penny since i opted okay that's a conversation for another day but now let's focus on a guardian sustaining you okay so monthly maybe how much do you receive i'm averagely on a monthly basis i okay i'm not sure but a rough estimate should be around 10 000 or something right so that is enough to take it throughout the whole month without you calling in like quarter way the month yeah and now you have to mind that if i'm to spend it in a way that i won't be accountable enough the next time i'll suffer because they'll be like last time we send you money and you just misused it and now you want to call for more and so i have to be conscious on how i spend it right so so how do you budget in terms of like daily expenditure yeah i do have a plan and this something i'm also advising everybody first thing have a plan a rough estimate on how you are going to spend your money like a budget or something i spread it so that you have a column of this what i want and this is what i need the needs and the needs and the wants so for you when you receive that 10 000 for example in a week where does mostly your money go to in a week yeah food we are food because i just want somebody on kbsingli serve you say most kenyans spend a lot of their salaries on food and that is a sign of poverty actually yeah is one of the financial exports up i took you on gas side before in gear because if you spend half of your money on food you are poor whether you have a hundred thousand salary i was like wow but kenyans are foodies anyways sure so food must be there because it's a need so i do it on food i also allocate someone clothing then social media must be there internet or in terms of internet band yeah bundles or even if it's a wi-fi subscription or something and this means you stay at the hostel right because i'm not hard story i rent up i don't stay in university hostels you stay at a rental apartment no yeah sure but it's not like i do pay myself like i don't stay alone or you say like a group of friends yeah yeah yeah okay i said it i know i've been through campus i know there's things so but generally rent must must be there for a student like me and so that 10k has rent in it no that 10k has no rent in it that's something like a nap keep okay okay but rent you can't do rent you can't oh no you must be lucky you must be like hold it on that point let me come back to you uh denny's now when it comes to expenditure uh i don't know also how much you receive uh i don't know how much you receive uh from your guardian uh if they're there maybe you can closely tell us like if you receive that 30 40 or even less how do you channel it not your expenditure and what consumes your finances the most all right uh i partially stay in australian partially and stay at home okay i live with my brother at don't home okay so roughly in a month i receive like 13 to 14 000 that's some good amount some good amount and mostly i budget on it on transport to town because almost every day i come to town so that you bring that to the main campus being that i go to parklands or campers in parkland not this center one yes okay and again you know as a as a student leader who is focused you learn to find connections here and there today you have appointment in this office so most of it is transport food is of course and and and data and maybe clothing because you also have to dress so nice yeah to please whoever are you going to present yourself to so basically those were my money runs and at when i have some few coins i also help my few friends when you want to come and come again so that expenditure is as small as that yes there's no savings in it so what consumes your money the most whenever you receive it the large percentage in and i'm gonna need someone okay what consumes my money the most is transport and food good faith not not not not a good thing it seems you really have this honest heart of i do helping her helping philanthropic man yeah so good faith okay yeah but which i don't regret yeah but transport mostly because you have to go to the office like for example we are on long holiday and i was i was at dawn home yesterday and someone called me that i should be at kbc that is transport right you know figure up you know put a jam you take an bolt which is triple the money you came with absolutely yeah so that is what actually consumes my money most right help coming in yeah your good faith they are helping one two friends because we have to grow right you know still on that growing note you know uh in compass many times there's always a certain pressure especially for for those that went through the media side is that hey you meet people who who come from good good backgrounds you know because media is really intense there's always a certain pressure to dress in a certain way to have a certain sense of function you have to maintain that personality and and you realize you have to you have to either have a constant cash flow or there's somebody backing you up or you have a business or many other streams of revenue so how do you guys manage to keep this pressure of you know i have to look in a certain you mentioned clothes you have to have the latest trends in fashion if it's a funny how you want to have iphone type and the rest which is super expensive for a student less your guardian echo you know well affluent to sustain it how do you balance that you know as a student despite i'm looking at your 13 000 and budgeting it to have all these two things and still look okay how do you budget it i happen to look good in mtumba no i love it mtumba guys so i'm not having a lot of pressure on the trending clothes whenever i go to let's say you come or or or here at mudurua i have a good taste of clothes yes so whenever whichever i choose it will look good in me yeah and uh if you compare me with the guy on fashion you will admire my mtumba which have ironed very well watch clean there and sideway indeed so and nobody will notice it's a muturua no one will notice like you cannot notice i'm i'm i'm on all mtumba because it's not even written it doesn't even have a label like in your ruin your gikomba never point right so i i happen to be i don't have early maturity okay that do not allow me to to get into the unnecessary pressure okay i know who i am i have my target because i know my situation now is not really permanent right when i was a head boy in high school i told my principal one time that the fact that we are students will not be students forever and if it happens that we are poor might not be poor forever so i don't think i have a necessary pressure or someone has done that of course you will admire but that pressure do not hits you unnecessarily and you have to fake life here and they and give you pressure by me they show how to look like you know yeah yes right good response uh devine uh it can be pressure to be a journalist especially if you're a person that comes on camera very often you almost have a certain sense of fashion and maintain it as a personality but then from a student also students mindset there's a lot of things that come in the group of friends that you keep around you the people you look up to or you admire as role models sometimes you get into the pressure of wanting to be like him or her but then you're not there yet you you're forgetting you're still in your baby making years you know how do you keep a stable carbon also mentally stay okay understanding that yes i received 10 000 from my dad and i have to stay within my mains and not go off-curve okay sure so it's true that from people we do interact with them on our daily activities and people we do meet and maybe people we do encounter they have a great impact on our perception on what life really is so if i meet you today and you're driving when maybe i'm riding or maybe i'm just a pedestrian i'll be like i'm missing up on something i really also should be right i mean driving at this point when maybe it's not the case so the first thing is to be quite civilized don't just be swayed away by the current trends and i can say having a financial i mean understanding your financial status quo is the best thing to have in the first place so that you understand what's my income what do i gain on a certain period maybe if it's a month or on weekly basis or even daily what do i you know attract in on my accounts and everything and how am i going to spend it so that you track your you track your expenditures and you are sure if i am i'm allocating this on this then this was going to happen and that the end i won't regret but if you are somebody you can just be so easily by anybody for example right now as you're speaking now from a youth perspective people will be like i want to be like my friends i want to put on the current trends when it comes to shoes or something maybe today i have an adidas shoe and tomorrow i meet somebody with an air force or something i'm like i should be having that one too so that's quite improper planning do you feel like social media contributes a lot to the pressure especially now that we have a lot of young guys doing tiktok they're always doing it in different outfits so you can share on a layer your transition and a ruka and a kudya koguchi and then and a kodio and then and as you cover sachi many outfits is in a normal sano do you feel like social media has contributed to that kind of a pressure where young people are going out of the way including washwash i don't know somebody say washwash is a legit business but i don't know uh do you think has been a big catalyst to that yeah sure social media i think if it's not the most or the best when it comes to having impact on you know people's way of life but it has a place like among those who really do influence on how people do you know behave around and how they spend and everything because if i am on my phone right now and i see somebody with a with a great or an embracing you know dressing code or something or even hairstyles to the ladies you know also consider the enders okay you will get influenced too and you will try as much as possible to try look for money to you know to have that kind of dressing or fashion or style or anything that you you saw in social media so basically social media contributes okay a lot great all right but i'm also looking at it let me come to you uh denny's i'm also looking at it like somebody who comes from a very humble it's crazy all of my co-host here said that you know uh zekelem tour said if you're 30 you still claim you come from a humble background and poor then you're the one who's a problem but anyway let's switch switch sides you come from a very humble family you never had all these lavish things that you're meeting people in campus who come from let's say well stable families well they're getting all these good things that you admire or you dream about but them for them it's easy to have and and how comes it will be easier for you to get off your moral compass and fall into the pressure of spending the money that you don't have to a point they are now getting into other crazy things so that you find that money to spend and get those attractive things that you never had so i think what you're talking about is culture shock and did you experience it in campus okay i happened to have gone to high school meeting with people a little bit big high school so it's something that i started being used to okay because i happened to go to in my closet i did in a private school okay academy and i happened to go to the school for the rich okay so being that my sister was a teacher there i could easily sneak in through that privilege yeah they got that interaction i get used to okay at first point at first i thought that i'm in a wrong place but as time goes by now in the campus i get through so in campus it didn't hit me much because it's something that i had interacted with and i had a privilege of my elder sisters and brothers who had already been in campus and in tertiary education and then i could get stories when they would be on long holiday or whichever break and they will tell me oh this is what happens in campus some people have such and such yes so then i more of experience of also gained in in campus okay so but then i've built that strong personality and and i i also don't tend to look very poor okay yeah i also sustain that broad face smiley and of course being i'm just looking sharp generally just looking sharp okay what my biology teacher told me i happened to be a good student of biology the teacher loved me he told me that if you are studying with a rich a son of a rich person then if that person you cannot defeat him in class you will never meet him but if you can defeat him in class at least you can meet him so at least i've met people who are son of the rich in law school okay so my assignment therefore as i understood best is then to assign them in class not then i teach after campus we will be the same right if he happens to say in ronda i've been privileged for loving to on god and that's what god keeps me going right and because i'm also a student leader i have some supremacy or privilege that they might not have till they leave campus so in one way or the other they only have the privilege or money bit of it but in terms of a lot of exposure here and there so we are with them all right yes and the consultants right good good point good point but still on the money point like what are some of the bond financial decisions that a lot of young people make especially since you guys are still in campus okay i made a very regrettable financial decision when i get to it first year you know i mean from my school and i get through campus the cute good ladies here and uh i happen to i've not dated one i have that pressure also or you had never dated before in high school okay no i've dated but not at a level of ladies who me oh my came across in campus i happen to in first year was because i was still being pampered okay part of the bank and i do me a self-life treatment yeah but my help was already coming in i didn't apply okay so my great ambition was can i get one and at least enjoy life with so when you saw when you first saw how it happened as in did you meet her at the campus corridor did she say hi hi did she fall aliyangusha kitu kakota you know that's that's how people try to okay mean how did you us happen no i attract attention intellectually myself i i am so good we are sorry we apologize in advance yeah so so you find that those ladies they have seen your capability in class all right and these assignments coming in is cut they naturally stream towards you so i use that privilege but it is not free again so hope they are not watching i hope so but so that is one of the regrettable decisions i made in i've made in campus that i not maybe repeat but you've not told us how how regrettable is it because i spent that money okay i did not buy anything meaningful even took chicken chips sodas and then why why i so when when i got into second semester yeah at least i opened my mind for you or for myself oh so at least i could keep for myself i could send my my brother my siblings there some money yeah i'll take care of myself a little bit without asking from your dad yes so that is and i will not another bad financial decision okay what about you devin what do you think is the worst financial mistake that a lot of young men and women mech in campus especially students in other words sure like you know how you're managing your funds really should be something to mind to be mindful and be cautious and you know try as much as possible to utilize your funds and do something that you won't regret at the end in campus most people will go for you know entertainment party party stuffs you know yeah i'm actually drinking and all over you know just having fun which is not bad at the same time though if you are careless enough i mean careless enough then we'll end up in a hot soup so i'll advise that if at this age for example you were having a stereo flow of income might be not be that great i mean that much but at least it's something that if you try and plan yourself and at the end maybe you do something great or maybe even campus i've had cases of people who do say from campus and when they come out you won't see them you know when others are talking looking for jobs you know right now there are no jobs okay there are but chances of getting like you really have to struggle it's not it's not a sure barrier to when you live campus then you get a job or a placement or something so at that moment when you're still waiting on a location or maybe getting a position in your field of study of course somebody who saved while you're still in campus at least should be doing something meaningful at the moment and engagement or business or something people are saving out there you here i saved from high i mean from campus and i manage with you this you know even if it's a semi-permanent house it might not be a a mansion or something but something meaningful through campus savings i managed to you know come up with this business and right now it's you know taking care of my needs because they'll come at a time when personally okay your parents are parents and they'll always be there for you but you feel guilt yourself like there is a moment at a certain age i cannot ask you know just call regardlessly and ask for money from my parents what age is that? what age is that because my co-host would disagree we were disagreeing on actually the conversation was being party and i was like that is is is an age where there's pressure like as a man as a woman they're not expecting you to make those calls and say hey i need 10,000 i'm stuck i need fair because they'll be like you're 30 at this age you should be having two three kids settled in marriage with a job but at this point you you have even no friend you're lonely so so as much as we are spending right now at this age we have no more responsibilities than maybe at time when it will come we'll have more you know responsibilities to take care of you know family and everything they are bills to pay right now i don't think we are we have more you know load on our on our shoulders that we really have to take off years in our chair for something so the little amount i get i can easily utilize it and do something that is quite meaningful okay comparatively with a way that somebody may just go and party and have fun it's good though it's not like we are running away from it completely but at least in a way try to minimize do you plan your party somehow somehow but you do not much you don't all right that makes me ask this question do you feel like as parents they have failed i don't want to use the word fail let me let me redirect it they need to have conversations about money as early as possible especially when you're younger and for us in africa you know african you know set up we try to credit a lot of kikuis who are more attached to money more than other communities in terms of also business managing businesses and in any do you think it's a necessary conversation that we should start having as early as class one no as a kid if you give her 50 bob when i'm on the uh 25 bob nia kosev then 25 bob nia koswiti do you think that in the day we live and maybe a lot of people do not have financial literacy especially those in school setups i think it is a conversation that should start as early as conception and then it should mean that your parent is also saving because mostly we copy what our parents do before i go through that conversation we have one minute so okay fine so but what has been there is that uh when you happen to come from a humble background like most of the students including myself the parent tend to that that lesson of having a poor background tends to teach the parents tends to assume that there is a lesson already existing that should allow you to save but sometimes it's not the case that some a lot of it a lot of most of them is not the case because you find a student from kinangop come to university of Nairobi has never party and find party is only 2000 then you will look for that 2000 only 12 that experience but if this is a conversation that can start as early as we are young that we are taught that uh if you've been given a single penny at least you should save it uh my father used to do something good for us he used to make some teens metallic with kashimo for saving some coins the lezonator piggy banks piggy banks yeah so at least so before you know it you already have like a thousand or even more or even more and that was that is that was that is a good habit that uh that i think any person who want to develop should have saving is what what the world what runs a stable economy and even a developing one yes uh devin how early should we start having financial conversations in 40 seconds because we are out as early as possible right as early as possible because with time we will have to be you know accountable on your spending and everything if you have a base a spending plan what we call a budget or something in other terms yeah when you have a saving culture when you are very cautious on your spending and everything let's not just spend money impulsively like being swayed away by the current trends and everything but at least be quite civilized because right now when it comes to money there should be no jokes the economy is really bad especially now yeah but as as we go is it possible for somebody to be sent 50 000 leo and by friday akoseku anakit you are asking for the possibility yeah it is obvious very obvious and it is something that we see it's happening it is happening okay yes so it's something that i've witnessed myself friends leave me on a friday and on sunday i go on a some good amount of money on sunday there the full is a limit is zero and all that so okay but again i think um yeah we are we are out of time bro but then we can we can we can put a comma on that note of full stop so that we can have a part too and social media very first uh social media my social media is higher than is all of them twitter instagram and it's linked in and facebook higher than it's a high art on tiktok and i've been giving you an instagram embrace on youtube all right all right time really flies so really fast and thank you guys for coming through denny's hire he's a chairman of university of net roby students with disability association acting chair as well as kenya students with disability association sounds the same thing though uh david majala media student has been here very often thank you guys hopefully have a part two as well yeah all right and that's what we put our close to it thank you so much and brian soko 101 at point two four four underscore channel on the gram hashtag is still on the morning see you tomorrow for health tuesday as well as entrepreneurship tuesday as well have a fantastic monday see you tomorrow