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mapozi
#61 Posted : Wednesday, August 24, 2011 11:23:43 AM
Rank: Member

Joined: 4/21/2011
Posts: 119
What can you say about someone spending 70,000 pm on all expenses which are not investments i.e. rent, food,entertainment etc?
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Jamani
#62 Posted : Wednesday, August 24, 2011 11:33:28 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
mapozi wrote:
What can you say about someone spending 70,000 pm on all expenses which are not investments i.e. rent, food,entertainment etc?


I can say he is living his life
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Barrywhite
#63 Posted : Wednesday, August 24, 2011 11:38:49 AM
Rank: Member

Joined: 12/2/2009
Posts: 286
Location: Nairobi
Honestly, is class defined wholly by where you live; or HOW you live wherever you live? And how much you are prepared incase of life's disasters to move on?
The laudable is more often than not rendered laughable by overclaim
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Jamani
#64 Posted : Wednesday, August 24, 2011 11:53:29 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Barrywhite wrote:
Honestly, is class defined wholly by where you live; or HOW you live wherever you live? And how much you are prepared incase of life's disasters to move on?


Its all about perception and image, thats the reason people fake it and its about now not the future, if something happens society will just say amesota! Thats how our society looks at it, book and other societies definitions might be different
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  | | Edit by user: Wednesday, August 24, 2011 12:16 PM | Reason: Not specified
Paul_Gitari_Karingithi
#65 Posted : Wednesday, August 24, 2011 12:41:33 PM
Rank: Hello

Joined: 8/22/2011
Posts: 3
bwenyenye wrote:
Paul_Gitari_Karingithi wrote:
i feel that being middle class in kenya determined by your lifestyle more that income or where you live. Thats why you find a 45 year old guy with his own company and property all around nai with a 3 car garage living in Buru and a 25 year old earning 30k and living in a 20k sq in kile. the social economic classification of A, B, C1, C2 D & E is flawed as it focuses on income, residential area and only takes into account the bread winners income and not household income.

A better way would be the Living Standard Measure, LSM as we call it that divides the Kenyan population in 17 LSM with 1 being the poorest & LSM 17 being the richest. Middle class from an LSM perspective starts from LSM 7 to around LSM 13 being based on the standard of living.


Please elaborate more on the LSM bundles e.g LSM 1 is this lifestyle, LSM 2 is that life style etc.




that needs me to send you a presentation which explains it in detail. Send me your email address.
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bwenyenye
#66 Posted : Wednesday, August 24, 2011 1:07:53 PM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
Paul_Gitari_Karingithi wrote:
bwenyenye wrote:
Paul_Gitari_Karingithi wrote:
i feel that being middle class in kenya determined by your lifestyle more that income or where you live. Thats why you find a 45 year old guy with his own company and property all around nai with a 3 car garage living in Buru and a 25 year old earning 30k and living in a 20k sq in kile. the social economic classification of A, B, C1, C2 D & E is flawed as it focuses on income, residential area and only takes into account the bread winners income and not household income.

A better way would be the Living Standard Measure, LSM as we call it that divides the Kenyan population in 17 LSM with 1 being the poorest & LSM 17 being the richest. Middle class from an LSM perspective starts from LSM 7 to around LSM 13 being based on the standard of living.


Please elaborate more on the LSM bundles e.g LSM 1 is this lifestyle, LSM 2 is that life style etc.




that needs me to send you a presentation which explains it in detail. Send me your email address.


tuma hapa.. bwenyenye@gmail.com

Ahsante sana.
I Think Therefore I Am
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  | | Edit by user: Wednesday, August 24, 2011 1:09 PM | Reason: Not specified
eco
#67 Posted : Wednesday, August 24, 2011 1:26:18 PM
Rank: Member

Joined: 6/17/2011
Posts: 229
bwenyenye wrote:
Paul_Gitari_Karingithi wrote:
bwenyenye wrote:
Paul_Gitari_Karingithi wrote:

A better way would be the Living Standard Measure, LSM


Please elaborate more on the LSM bundles e.g LSM 1 is this lifestyle, LSM 2 is that life style etc.




that needs me to send you a presentation which explains it in detail. Send me your email address.


tuma hapa.. bwenyenye@gmail.com

Ahsante sana.


@PGK, Please elighten us. You can upload presentation at SLIDESHARE and share link for many to read. Otherwise pap to funecosystems[at]gmail[dot]com
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iKenya
#68 Posted : Wednesday, August 24, 2011 2:02:14 PM
Rank: Member

Joined: 7/27/2008
Posts: 241
Quick google and...PAP

http://www.tatucity.com/...ViewsDetails.aspx?id=41

"Economic growth builds the ranks of Kenya’s newly rich

28 June 2011
John Gachiri - Business Daily

Economic growth builds the ranks of Kenya’s newly rich

Study shows poorest segment of the population shrank in the past four years as the middle class expanded, adding impetus to consumer market activity

Variation of Living Standards Measure (LSM) in Kenya "
Quote:
Buy when there's blood in the streets, even if the blood is your own...
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mawinder
#69 Posted : Monday, February 16, 2015 9:54:23 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
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Ngogoyo
#70 Posted : Monday, February 16, 2015 1:13:24 PM
Rank: Member

Joined: 6/22/2011
Posts: 561
Location: House
[quote=mawinder]More confusion!!!!!!!!!!
http://www.businessdaily...0/-/t1u23q/-/index.html[/quote]

...this guy who has commented could be right. It maybe the case for some Wazuans in the green section

"Nzasi • 4 hours ago

In Kenya we live as "Middle class" for one week after end month then live poor for 3 weeks and the cycle repeats itself every month. At end month, we have breakfast at Java, lunch at KFC and supper at some grill place. After that its "Chai ya mkono moja" (Whistling) for breakfast, airburger for lunch and Ughali sukuma for supper."
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