 Well, a very good morning to you. Thank you so much for sticking with us. This is Y254 TV, your number one youth station. And of course, we are coming to you live from the broadcasting house here in Nairobi, Kenya. We are also streaming live through our website. And that's at www.kabc.co.ke. First large, Y254. Now, my name is Ram Agucco and this is Power Talk. It's a pleasure being with you each and every Thursday. And of course, I repeat all these shows again every Thursday at 10 p.m. This morning, and of course, if it's a repeat tonight, we want to talk about matters concerning finances. How can you secure a safe financial future for yourself as an individual and for yourselves as a couple? Is it possible to have that financial security? How can we ensure that we don't feel threatened by our partner's financial capacity? Today, let's talk about this financial freedom. Let's talk about it right here on Power Talk to empower you in terms of matters concerning your finances. So far right, I am with none other than Caroline Muthama. She is a certified financial advisor. Thank you. How are you feeling? I'm very well. I'm glad to be here. Thank you. And of course, in the middle, I am with the Celestine Junior, a digital creator. It's a pleasure. Do people call you Celeste? They call me Cele for sure. Cele? You have a very interesting name, my brother. Thank you very much. Unique. Unique because you are a daughter and you are a brother. Celeste. Pamela Ruziki, next to me. She is a motivational speaker. How are you doing? I'm doing great. I'm also doing well. Thank you so much, ladies and gentlemen, for joining me today. And of course, we invite your presence from wherever you're watching us from. Remember, the hashtag, as always, is a power talk show. On Twitter, there is a Tram Agucco, that is my handle. Follow me on all social media platforms and at Y254 channel, which is the official station handle. Power Talk starts now. Let us know where you're watching us from. And of course, head over to our Facebook page, okay? And ensure that you drop in your comment on our post, that is on our Facebook page. Before you do that, follow the page, like the page. That's at Y254. As you drop in your comments on the comment section below. Even as talk about matters concerning your finances. Now, I want us to start with first things first. And I will start with you, Karup. Even as talk about financial, securing a safe financial future for yourself. Is it possible for somebody to get something that is called financial stability by the age of 30? Yes, it is possible. Think about it again. Think about it again. Yes, it is. By the age of 30. Yes. Financial stability. Yes. Tell you how. How? Depending on your income generation. We know that the young people have a lot of opportunities for generating income. And especially when it comes to this digital space and doing online business. The young people have hacked in that space. So where somebody has already started generating income in their 20s. You can be able to plan your finances so that by the age 30 you are financially stable. And what does financial stability mean? It means that while you have been working, let's say you've been working since the age 24. You have worked for six years. Every time you earn an income, you put something aside. And you put something aside that now starts generating for you income, possibly. You're saying you save. You save. Yeah? We start saving early. When we save, then we can be able to invest. And that is the case where somebody is having a job by the age of 20. Where somebody is having income generation. We are especially for the young people and I'm sure Saleh will agree with me. There's something called the gig economy. Gig. Gig. Gig. These guys have all sorts of gigs that they are doing. Anybody with a certain skill from the age 23, by the time you have acquired a certain skill. You can be able to go online and be able to generate income. So it's not necessarily about jobs. It's about income generation. Let me go to Saleh. Yes. You're a student. Yes. Right? Is it possible that... I don't know how old you may be and I'm not going to go there. But do you think it's possible for somebody to get financially stable by the time they get to 30 years old? Do you agree with what she's saying? From my experience and personal view, tricky. Tricky. Tricky. It's kind of tricky. She's talked about saving. But in my age, we live and we say money comes and goes. So when you get that money and when you get it, the one that you're saying you put aside and save. It's not easy. It's not really. It's not easy. Hey, it's not easy. So by 30, even with income generating, I'll need more information maybe. Yes. Right now, I don't know. That's the thing. The challenge is the information. Information. A lot of our young people don't have the information and that is why we are coming here. Okay. That is why we want to have these conversations with these young people. Because putting money in the bank, for example, is not the right way. We have options in our market that will allow sale. When you go and you do your gig, you do gigs. Yes. Every young people, as long as somebody is out here in this age, they are making income. The issue is that income is not being conserved. Whatever it is that is being generated is not being conserved through saving. And if we just improve our saving culture, then we can actually be able to increase that possibility of financial stability by the time you're 30. Let me come to you, Riziki. It's actually called financial literacy. That is what most young people don't have. And not only young people. There are so many people out here who do not actually understand matters, investments. Because when we talk about finances, we are definitely going to tap into investments because that is the way you spread that income. Whatever you get, because you're told that out of the little that you get, however little it may be, it is good for you. To save. And that one should be number one. You know, and make it to be your, it should be your culture. You get me saying, like for example, if you're renting out a house, you know, at the end of the month, you've got to do what? Pay rent. Yes, right. You know, you've got to pay the water bills. You know, you've got to do, you know, the electricity bills, right? So if you make your savings to be part of your expenditures, then you're on the right track. So there's something that I want us to talk a little bit about saving. I do a little bit of reading. Just a little. And there's this bit that I got. And I don't know if you've encountered this. I'm sure you must have. Where in terms of percentage, there is a 50, is it 50, 30, 20? I don't know if you know what I'm saying. The 50, 30, 20 ratio of your finances. Maybe you can explain what that is. Putting into consideration that Pamela said that, yes, we have so many things that are, that need to be done. And saving is, she's timing that as an expenditure. Yes. Yes. Define that 50, 30, 20 thing. What I can say is that with every income that you generate, first of all, as, as, before you even start spending, before you even start allocating that money, 50, 30, 20, there has to be a budget. The basics, the, the, and the realistic one. And in fact, what I normally tell people is that we need to do a budget and then relook at that budget and rationalize it. Yeah. Because the truth is we will never, and I will use this word never, there will never be enough resources. You cannot say you have enough money. You can never have enough money. So let's, let's start there. So unless there is a very deliberate budget. Yeah. That is, you, you do the budget before the money comes. So that when the money comes, it has very specific spaces that it has been taken into. And that is where now we come into the ratios. And these ratios, for me, my, my, my most, the first thing that I normally tell people about the ratios that you work with. I think the ratio sometimes will vary. It varies. It varies. It varies. So define the 50, 30 ratio. Does, does that work? Which ratio should we be working with? For me, what I normally tell people is that the first thing that you do when you get your income is first of all, 20% goes into civil. Whatever it is that you have gotten. It depends on how much you earn. It depends on how much you earn. It depends on how much you sell. And it depends on the bank. It depends on how mobile you are. Let's get a different avenue for saving. And they are there. And we can be able to explain quite a number of them. Which will not allow you to access that money too easily. So 20%. The rest of the 80%. Now let's start looking at what are the expenses. I'm going to ask you. How much should you save? Celestine, let me come to you. How much is the budget that you have to pay for your savings? You know I'm saving. How much is it? Let's start there. Let me answer Celestine. You know, savings, it depends on you. Do you have goals? We begin from there. Because Celestine, if you do not have goals, then you will say, But if you have well set goals. And when we talk about goals, we have short term goals. And long term goals. Like short term goals should be maybe the goals that you want to achieve within maybe a year. But I would say five years and below that is short term. Five years and above. I would say above five years, like eight, ten years, fifteen years, that is definitely long term. You understand? So these goals will definitely guide you. But now let me ask you Rizeki. You're talking about goals, goals, goals. Okay. We will get back to the saving bit. But now one thing that we need to also put across. Many people, many youths don't talk about long term goals. We are living by the day. You only live once. Which is not right. This is the conversation that we need to have now. This is the perception or the philosophy of life we need to adjust. Because if we do not change perspectives, then we will not change our outcomes. Are we saying that based on goals that we set, then we should stop saving? Yes. Without those goals, those goals you cannot save. Yes. If you don't know what you're hitting. What are you saving for that? What do you want to achieve? If you have no target. Why are you putting that money aside? Thank you. If there is no target, then we will have a football match. If there is no goal, then we will have a goalpost. If there is no goalpost, then we will have a goalpost. So the first thing that we have to do is to have very clear goals. And it doesn't have to be big things. What I normally tell and especially young people. If you are, for example, just starting out life. And you need to buy a refrigerator for your house. You need 35,000 shillings. Yes. Right? When you are doing your income, you do this gig one, gig two, gig three. You have to be telling yourself, this gig one, 1,000 is going to save in your fridge. It's a short term goal. You need a fridge to be able to save money. Now let me ask you still. On that aspect of saving, is 20% what someone may or all of us should be saving? Not exactly. Is it that it must be 20%? Let me get your feedback about that. Come and save. Do you feel how far can you go? How far can I go? Yeah. Okay. First of all, I want you, when you guys are talking, I get the feeling that everyone can have this financial stability. True. True. That's kind of, I feel like it's also hard. I don't think everyone can. I really don't think. Because let's assume someone is coming out of debt. Yes. Or you're in debt. You're in debt. So you're in debt, example. Yes. And you're a student. Yes. And so you have this and you're saving this 20% that we can save. Let's say the one that you're saving 20%. So let's say you lock it away. Like any after one week, you're hungry. How much dough? How much dough you don't have? So is it still saving for the future fridge or for the goal? How does it work? How do you go about that? And I love that he has raised that pertinent question. Yes. Because now, should you save at the expense of... Of basics. Of basic needs? No. Because they're talking about securing a future financially. No, no. You have to be alive to see the future. See, let's see what happens. Yes. Yes. So my recommendations normally are, right? The biggest financial asset everyone of us has is ourselves. Me, myself as an individual, it starts with me. Me as Karo. I am the person who will generate the income so that I can be able to have that financial future, isn't it? So there has to be me, myself. So what is it that I can do for myself to be able to generate more income? That's always where it starts. So the question is, because I have so many needs, I ask myself, what can I do to bring money to satisfy all these needs? Yes. Hakuna kazi. Let's say some things. Yes. Hakuna kazi. You know, to me, Hakuna kazi, it almost looks like an excuse. Trust me. Why? Because for me, the number one thing is, are you healthy? Are you okay? You know? Because even if you are disabled, nowadays even they know that disability is not. Inability. And I can assure you that leave alone Hakuna Celestino and campers and all that. We also have kids who are in primary schools who already know that there is something called savings. Like I remember, there was a time I wanted to take my half to the house, you know? And my son told me, together with my daughter, they came in all like, Mom, you know what? We can clean this town. And I was like, then, because even if I pay, I definitely won't be able to do anything. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. As long as you pay. I say, you know, it's an issue, so I understand that I had to charge you from somewhere. You know, they can take you to 3 different places and they take 500 book. They could ask, yes, we can do this. Give us the money. Let's concentrate, we can do this. So ma'am, we are going to agree. Just give us one hour. Okay, but you five hundred Now me that's what 250 now as a mother. I'm like, hey you people in class in class seven So it's 15 It was actually A Let me tell you things have got to move. Yes, either way to me Generating you can generate you can generate income. I want to give up my own personal Story. All right. Go ahead. Go ahead. I did when I was The age that you guys are in Me me me You go you get those shirts you wash them you iron them you package them nicely Pesar There's that there is jewelry for women and I sleep I'm a handbag. I know girls who go to Uganda apart. I don't understand that whole story But handbags are cheaper in Uganda than in Kenya, so you go there by I can tell you for a fact how to cause a you're 10,000 10,000 and a compiler as in if we only want to use our Creativity yes to be able to generate income Person we can be able to do this You're a student yes in your class. How many are you mean? That big number that is in that class home. There is what they need you need to Identify identify what is the need of where I am the people around me? What could they be in need of? They're students. Maybe they need pens You know, maybe they need the writing materials those stationaries you can have them with you And you just stand there and you say hi guys in case you need Stationaries I have pens. I have not pads. I have you know, notebooks and all that I want us to move on to something else even even as talk about the 20% and to myself other 20% save of what you've got single now What happens to the other? 80% that you get From your money. What do you do with it? It goes into the other budgetary items Right, okay, so in your in your budget. They are living expenses Let's him all cool it Let's him all move Let's him a come on. Okay. I know they are still some of us who are in our twenties who have families, didn't you? We have young families. So maybe there's some school fees to be paid So that is what we need to be able to allocate To the other needs. All right, I want I want I don't know I don't know Exactly when we say 3050 For me what I know is that the first 20% must be hived off into savings But Ram 3050 in your opinion. What is 3050? Because mine is 20% goes Then the rest the rest needs to be Dipang and I On this one, I'm speaking as a Christian. Yeah for us Christians Yeah, number one actually should not even be the savings number one should be tight 1010% Then 20 20 so to be back in a 70 your 70 cooler The order of Your means now the reason why I was bringing in that part of rationing And I'm glad that we are talking about living within your means Somebody gets a salary I'm an up at a gig rent peke shea cooler you three quarter Rent peke three quarters Amanda the the other quarter loan So in a bidder to go in again To survive which is very dangerous. So you pay a loan Very very dangerous Before let me come to say less let me come to say less I What do you think about this this this Culture for youths Copa Mobile apps You thought about the youth culture of borrowing and the youth culture of not actually paying loans And not actually getting money to even service all these loans And number one We are not financial literate. That's the first thing from everything you guys have talked I have learned so much already so much so many things and sick why consider and when it comes to learning I Won't lie to you. It's really necessary some time, you know, we get at a certain age was as your attack is to Rizaco So the gigs come you can't ask money from your parents You start going for gigs, but as you go for gigs you have this Zina it was easy my ex my touch When Zako and I end up out won't save this weekend how Wendy out next weekend We came out. Let's say we're the pizza since this weekend Now where's it? His honesty Many people are suffering because because of that because of that culture to be honest Yeah, if you guys think it's possible for everyone to get out of that, let's say That's very nice because see only miss you. Do you think that it is possible for young man to get out of Loans and even out of CRB at the end of the day CRB You know, I'll if you guys here be jolly Chuka number in guine only to pile maybe I to be honest. It's hard. I can't Let me just give Give you guys an idea because I have had a conversation with a with a young person 26 year old very recently a young lady So she tells me that her income is 45,000 a corner job and I live for 45k, right? like in me All the debt that she has is 300,000 and and I go Namisha list to a CRB cause of a boo. I'll end up up moja. I can't say people I mean and the story is that you have an income of 45k, but you have consumption debt You didn't borrow 300 300,000 Okay, so my advice to these young people is Consolidate debt the first thing that you have to do what do you mean? Find a way of consolidate debt. Let me explain So you have a pay slip I'm at least Your gigs now number one if you're in the gig economy make sure you can account your bank Yeah, not not I'm sure the emplacer is a good one, but open a bank account Make sure when you get paid you have activity in that account The banks are easier and are more friendly in Terms of even interest rates than the ups the ups are killing the young people because the rates on the on the Loans on the ups are very high. All right So my advice is first of all, make sure that you have a bank account. Let's start there Yeah, so you have to have a plan There's a there's a philosophy that I call school of money In the school of money if you're in debt you have to charge at your debt the way a buffalo charges Relentless single-minded focused if you are to be financially stable you must charge at that so consolidate debt That's where we start. You have a bank account build Trust with the bank and how you build trust to the bank is making sure that they are deposit Constantly they can see a history. So let me ask you Let me finish in six months. They can be able to give you a lump sum to send me hundred thousand Right to quail a hundred thousand the loudest of these crazy debts Leap So you have reduced the number of of creditors to one bank to the bank and maybe two others Who you can manage? So you first have to classify your debt I'm going to get the loudest the most expensive the ones that are threatening to call your grandmother You know those crazy things that are happening We have had those Transfer loan from the app And a co-bank and a co-bank. So you know the power bank Why am I saying that because generally the banks being Structured and regulated. They cannot charge very high interest rates like they like the apps are doing Let me come to you Celeste Bado. Do you think Analypa and 45k Not gonna loan me You go away That's where it all starts, you know I had to be honest Sir, maybe a funny cousin be like would be poor Well, I had to be honest. Maybe we do that what she was talking about which I never knew by the way Bank But otherwise come on see a corner job in Amlipa 45k I Recommend hands that could live within their means Venu messama I don't think building alone had a 300k Yes There's this thing I'm going to push I'm going to push your 300K because you know you're a youth and you're wondering how difficult it is for you to do that Living beyond your means and peer pressure you know wanting to belong to a certain category or a group of students wanting to be like so and so when you know very well it is not yet your time to belong there so peer pressure is one thing that youth should really try to curb and after peer pressure we go to discipline remember alone is alone whether of low interest or high interest if you do not have a discipline of paying back trust me it's not your bank it's not your mother it's the end of the day it's the end of the day it's the end of the day it's the end of the day so to me, discipline is very very vital here and then number 2 wherever you are alone you are alone it's your objective it's your need let's say for example when you are in a fight and you are wearing a t-shirt and you are in a fight you are in a fight and you are in a fight and you are in a fight you are in a fight and you are in a fight now, you want to start that business then you think of getting a loan see you get a loan of let's say 15K when you buy it when you are in a fight you don't have money if you buy it you can buy it it's 18,000 out of this 18,000 maybe it's 10K I don't make profit of 8K why don't you pay it 10K because the more you pay the more your limit goes and then you know very well when you are profiting you will be able to manage your capital you will be able to pay the loan and you will be able to eat you will be able to pay the budget not discipline not discipline I want to move to something else because now there are so many things we need to touch on at the same time I love how this discussion is wherever you are watching us from engage with us participate in this show let us know what you think about these issues I want to talk about this young man who is in campus or this young lady who is in campus and is in a relationship that is demanding financially we are talking relationship do not demand demanding campus we are looking at a lady who is we are talking about securing a safe financial future how can somebody who is in campus dating and this relationship demands money I I ladies girls these days let me allow me these days because you are coming no no let me think about it in my day I am looking after my money money let me hear from Celeste what are you talking about what are you talking about what are you talking about ladies what I feel like we have talked about peer pressure and when you take my instagram my tiktok you go people are flying people are going out people are doing things taking pictures in front of Mercedes big brands what are you talking about people are posing the pressure the pressure and as a man women like good things and it's not like we are getting pressure from the women themselves if I have a friend let's say my good friend here she is a girl friend mansions places like this I want to post here my instagram too my girl friend is here she is coming you see the pressure there are 300,000 people in the Tokyo area so you go and you start you have this girlfriend in a biddy you know how it is my birthday is next week my birthday is next week I want to take flowers chocolate gifts I want to go on a road trip I want to go on a road trip I want to go on a road trip I want to go on a road trip and the thing is there are people who have this money there is no financial stability there is no height when those kinds of dynamics come into play you have to be wise for me I think wisdom comes to play wisdom should they date when they are not when they are in camp? in fact I want to answer come here dating like he relationships are costing you so much in every situation in life I believe in always being very open that's why I say come here dating come here dating dating and dating surely dating I don't see somebody who loves you wanting to throw you into a pit so in you dating let's start there there is no dating there is first things first first things first for me I believe that we should be very honest with ourselves is compass the place for you to be dating but love chooses you let me ask the left let me ask the left love chooses you as in inakukula or inakuchagua it chooses you you fall in love you fall in love you find somebody and you fall in love both of you are not financial let me ask you you've seen and interacted with many people who are in campers as a digital content creator you get a lot of information so here we are seeing two compass kids both not working one may depend on a parent to get pocket money once a week or every single day they may be rich the parents the parents are the parents are how do compass kids survive and do you think that relationship to the compass should just be put on hold if you are having a bad time how should they survive in the compass number one if you are in a relationship you have personal views not from any of you my personal view I think you may find someone that you really like but there is a pressure to survive I really like you but I cannot afford that's what I can say and then if the lady come over if she still like you and she still wants to continue she can push but they have said it with those kind of dynamics sometimes they are not happy I don't think they live love is very strong let me not lie to you there are some friends who say I don't want to live I just think if both of them can be smart in that they all want to make money if they can be financially I think they can grow to care for you so in my city of Oceana after that there is a river there is a river the only problem with that is there are people who have money as compass boys we don't have money like other people you see so with people with money they will have money and that's the pressure and they will be alone and by the way I think it's correct to love and do it's not just about my boys even ladies go through that you love someone when you are blindfolded and you are lazy that guy cannot get anything for himself we have girls who are in such situation let me ask you Rizeki should people who are in compass just not dead because they don't have the money one thing we need to know is that dating is not about money dating to me you've started the journey of trying to identify a life a suitable partner I want us to take a short break after this break we'll be back and I want us to take this discussion to the next level and after this tell me what do you do when you are let's move forward what do you do when you are in need or you want to get into marriage we are talking about securing a financial future after compass what do you do what do you do and of course I invite everybody wherever you are to keep engaging with us we are taking a short break we'll be back with more right here on power talk why 254 concerning your finances right here I'm seeing so many comments on our Facebook platform and Timothy you come as a kotaari you can bring them up once you are ready you let me know about what you think as you continue this discussion head over to our Facebook page like the page followers on all social media platforms and of course there is a post there drop in your comments on the comments section and let us know where you are watching us from also follow me at tramaguko which is my hand and of course this is power talk welcome back I'm with Caroline Sele and Riziki to help us in this discussion and of course before we went on that break we were talking about campus relationships and how they affect us financially and I wanted to wrap that part up just in a bit I have a final word about Mumbai dating in campus in Mumbai let me start with you and then before I move on to the next discussion Carol while in campus it has to be very honest if you must date there has to be honesty so that there is no one person who is getting out of their affordability to impress the other and it's okay to date but it has to be intentional dating it cannot be random because then there is no one to tell me Sele so far Waterland saving is possible being young and in campus and in depth does not mean you cannot get out of debt it does not mean you cannot find your financial stability we just need to have specific defined goals that you can save while you are looking at and chatting I want to give you a talk about relationship when you are in campus you are going to have 300k loan oh my goodness now that is very tricky okay when you are in campus tricky and and I have also been told even men men are also red flags so you need to watch out for who you are dating when you say men are suffering I am telling you there are many challenges in this time and age with everything that we have so people want to do a lot of things okay for me I think all I can say is that if the lady or the man you are dating they are not manageable then to me there is no way you are heading because if it is about about draining the other person you know to me a relationship is all about us coming together and working towards our well said goals goals which are achievable but if it is just about when you are raving and you are going then there is no way we are going we are just party maniacs we are going to take a couple of goals take a couple of goals the Instagram very important to kumbu ke by the way there is no danger in the story of financial freedom it is trying to keep up with the Joneses run your race everybody has their own individual race your realities are your realities run your race and as we are talking about this she said run your race in your race how far have you gone yes how is your race yes have you even started I am a baloo with my own map you go up and jump up you go up and jump up you go up and jump up I want to get you gentlemen men today men men I am waiting for the camera to come to me men talk to me I am your brother we have financial advices you are in campus you have no clue what to do you are a lady you want to look for your dad why is your race how far are you in your race I am reaching here let's move on to the next agenda I am looking at somebody who wants to get married Hannah Doe we are talking about securing a financial future Hannah Doe marriage is something that is a lifetime commitment what should they do let me start with you Caroline Hannah Doe I am stuck there Hannah Doe earlier the whole idea of money is an excuse true there are opportunities all of us have opportunities we live in Kenya we live in Kenya there is no opportunity there is something you can be able to do to be able to generate an income I am sure there is a support system sometimes you have to tap into your support system to start off so that now you start generating income marriage is lifelong marriage is a journey first of all it starts with what are the things you look at in a spouse you have already identified you have selected somebody can you come together come up with an income generation strategy because there is no income generation now if the both of you feel as if you have not yet become financially stable should you get into marriage and this question goes to you Salih actually many of the people my age don't want to get married why I don't know but marriage for those who are taking it seriously I don't think it's possible without money but for the people who don't want to get married I think it's because of the divorce rates and how people are losing money after the divorce child support child support and I think it's all about what she is talking about if you are not even ready financially then if you don't get married and you realize this is not the person then if you don't get married as a young couple and I'm not talking about big couples I'm talking about people and friends who have seen getting into relationships and two years later they are out like a marriage two years later you are out and they are young they say they still have time to get someone else and they get a divorce and still young it's happening it's happening it's true but Ram let me interject I think it's a combination of issues and Pam may agree with me I don't think it's a financial issue yes let's focus on that aspect of finances where we are seeing somebody trying to get into marriage and it's not financially stable because of course there are a million issues that need to break up but let's talk about that aspect only the finances it's a cocktail of issues in my opinion according to me according to me you are trying to get into marriage or you are planning to get married and you do not have money so for me what comes number one is do you two people know each other very well you know because if you know each other very well or rather Ram when you talk about marriage what do you mean? Do you mean a wedding or do you mean people coming together because that is where most of the youths lose it because you are thinking of a wedding it's called a white wedding you come up with a budget of 2 million or 3 million you know you have a lot of money if you get alone you know if you have to go around there's no need you know if you go to a committee say Ram you know you have to get married you have a lot of money there are many more and then you are telling me there are a lot of money to marry your wife you have to work straight and I can tell you The issue of finance in the memories of marriages come as okay. I love how Evan in the studio is just attentive. Pamela, let me get it from you. There's one thing that I really need you to say directly and clearly. Yes. Black and white, if someone doesn't have men, what's the story? Listen Ram, if you remember, marriage is not an emergency. We must agree on that. Yes. Or is it? No, it isn't. It's not an emergency like we need an ambulance to rush somebody to the hospital. And there are also so many types of marriages. We must agree on that. That sounds cheaper, but can you go for that? They don't accept. Who are they? People have standards. Listen. I'm fighting for the women. Yes, yes, it's standard. Yes. My wedding day. I was making it. I want to say it and I'm saying it straight on the cameras. There is your camera there. My camera is this one. Hey, listen ladies, if you think you want a white wedding, please don't push this guy to the wall. How much are you bringing on the table? Thank you. How much are you bringing on the table? If you say that people should not eat ugali, then provide the cake. But don't let the young man to marry you. And you, Mr. young man, you want to marry. Also don't just sit there and depend on the lady. Because we also have men who wish to marry you. You can visit them, if you want to, then offer to give them something. You're welcome. You can ask people. But if you want to pay, I don't want to have to ask you about that. My friend, young people, I'm kind. So, do you agree with what they said? I don't know if I can ask personal questions. can women really marry broke men like if he goes on his knees and you know he's broke will you really say yes of course I'm here I want to tell you this and as I speak to some young men and some young women out there I want to tell you yes I can marry a broke man but not broke in the head okay if you're broke as in one letter in a door as at that time I will take it but I will not take it at least I said yes because you can't afford to watch TV my dear friend I can't even wear a mask let me let me let me get you from come on yes yeah I agree with Pam can a young lady beautiful Maria broke guy yes yes the answer sahizi hauna person yes but as long as it is not poverty of ideas exactly where you don't have poverty of ideas you don't have poverty of of vision you know let me tell you a good woman is not looking for money a good woman is looking for a visionary man a man who will lead with a vision so you as a man have you started working on your plan now I want us to go to Facebook is fire let's go to Facebook and so people are saying mystery was zero and he's saying following the show thank you so much mystery Elisa Gisha and some are watching from Kiri Naga out on where massive fire fire this is Isaac Milan and some are good morning I'm watching from but area how can you secure a financial future by one budget your expenses and plan and start investing in long-term goals thank you so much we're full as son and I say my keep up the good work thank you so much a fuller Lewis Klaus Klawiz and I say my hi I have a girlfriend and I'm the one working make it leap or Pessa when I rent my shopping after there I don't have anything to save what should I do to ensure I have I save because I am 24,000 shillings wow that's a good question that's a good question this campus ladies give us sleepless nights when it comes to money more so taking tourism and management why you're taking tourism and management okay let's answer Lewis Palle and I say my he's earning 24,000 do you have more comments than any I proceed okay so let's answer Lewis and I say hi I have a girlfriend and I'm the one working make it leap or Pessa it goes to the rent and shopping after that I don't have anything to save what should I do to ensure that I save because I am 24,000 shillings all of you to say the Lewis upper okay who'd like to go first I'll go all right when we talk about budget a budget has to be rationalized with your realities so Lewis and I see what he and I live with a girl friend so I'm imagining that now so it's about within your expenditure and I show up you create a bit more disposable income that is where we start okay so we could budget within that amount make sure at least that's what I would say all right uh-huh so let's put yourself in in the shoes of Lewis and I'm 24,000 I have a question 11,000 then Lewis moves this question goes to you then Lewis moves to a house let's say cheaper 8,000 but what a girlfriend and I think what's a lesson to say and it's been coming out during this discussion the standard you're trying to say that women have some standard and if you don't meet those standards there's a problem or they will leave you that's what you're trying to say it is true you know when you say we're in the dating cycle and people are looking for people to marry and and maybe this guy is not the one as I say and I would say then that girl is not the one she's not the right one push that if that's the case yes she's not the right she's not the right one that is it because if you dump her with immediate effect yes drop her like a hot potato you know because you will find another one yes who will fit within you I want to talk about this sorry because I'm going to party a very I think there's a reason why Lewis has particularly mentioned the salary there's a reason 24,000 let's budget for Lewis okay for me what I would advise Lewis is number one I end in an order of priorities it's not making sense it's not making sense to me it's between 35 to 5k you get it when it comes to the shopping you know you know to me all those things are unnecessary so the next thing before I end before I end before I end before I end before I end before I end number two nowadays pension plans you can do a personal pension plan and you can save 2000 every month out of that money because you can save 2000 every month at the end of the year 24,000 you have anything to say before we move to the next thing about Lewis I agree with Pam first of all half Iquli per rent more than 5000 because maximum of the amount that you should pay into rent should be 30-35% of what you're earning here that's the maximum that you should be putting into rent 30% to 35% going to rent 2400 2400 2400 anyway that's what I'm saying and then the next thing that you do as Pam is saying save money market funds we have opportunities for you to put aside once you have paid your rent I mean you have paid your tithes you've paid your rent you've saved you'll find affordable shopping because we are some of the Zuri so rent is 30% come and reduce amount of which of 24000 so you are looking at 7200 Pamela you mentioned at the time is single room 5K 5K, because it's a very common 5K and you are not going to be able to use your wifi you are going to be able to use your wifi and you are going to be able to use your budget I want us to move to the next thing I am told that we are not on our side we are on so many things we need to have for two of this and then we talk about people who are married now those who are married how can they have a secure financial future my or my anyway let's wrap it up let's bring this discussion to a close and not to give each one of you time one minute to have a final word to talk to that Kenyan watching it today let me start with you Pamela one minute each and then we wrap it up what is your parting shot, you can look at the camera there ladies and gentlemen having a financial stability is very much possible and it all begins with you and it ends with you remember with God nothing is impossible and things will work out let me come to Celeste today we are on the sport man my name is Celeste I am a young man probably the youngest in this stage I feel like from the discussion this is something that once you really take in you can really grow provided from where you are what you are doing personally do digital creation we are in a day and age where there are no excuses you can do anything get people on your side, get people on your team who support you not people who just want you that's one thing I've really taken out of the show and I really feel like now it's possible for me to get to that financial stability and maybe even financial freedom in the future I am inspired how can someone find you on social media now that you are a digital content creator you can get me on instagram at CelesteinJunior on tiktok at CelesteinJunior on twitter CelesteinJunior thank you what I can say is that financial stability, financial freedom starts with an intention we must be intentional we must be deliberate otherwise it is not possible where we start is basics do you have a budget for the money that you are generating no in fact before we do a budget what is your income generation plan the talents that God has deposited in you can be interpreted to an income once the income comes in there has to be a budget and within your budget there has to be an allowance for savings because it's through your savings that you will be able to create a financial stability in future and financial freedom thank you very much you are a financial advisor how can people find you I am on your socials that's C-A-R-O-L-Y-N-E on YouTube we have a channel on Facebook and the other socials how can someone find you on social media on YouTube and Pamela Riziki and also on Facebook that presents to the end of this discussion today on power talk before we leave a quote of the day it's never too late to secure your financial future but the sooner you start the better of you and your family you will be in the future because value investing works and it keeps on working value investing works and it keeps on working thank you so much it has been a pleasure being with you thank you and a bit of this show airs again tonight at 10pm that is right here on Y254 TV thank you so much to each and every person that has been watching today thank you for your participation on our social media platforms my name is Ram Magukko this is power talk