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What is a "good salary" in Kenya?
sentinel prime
#31 Posted : Friday, January 18, 2013 8:37:33 PM
Rank: New-farer

Joined: 11/12/2012
Posts: 92
lower your expectations....a mans life does not consist of the abundance of things he owns.

Money Whisperer
#32 Posted : Friday, January 18, 2013 8:46:48 PM
Rank: Member

Joined: 8/7/2010
Posts: 728
Location: Wazuaville
[quote=wilyum]
Quote:

180K, comfortable?? maybe a bachelor, or someone without non-school going kids(2). Assuming 180K gross=(180K*.7)+5.6K=131.6k net

Very conservative Monthly expenses for a typical 180K p.m. Nairobian

rent 20K
Car loan 20K
Insurance 2K
Fuel 8k
Food 10k
Shopping 10K
Sacco 30k
Entertain 6k
Water/KP 3k
Misc 5K
Hse gal 4K
Extended fam 3k
chamaa 5k
kanjo/park 1.5K
mpangowakado 3k

Total 125K
Savings 5k[/quote]

savings=30+5+3+6=44k, good savings wewe!!

1. shopping and food fall in the same category. do not add them together adjust say 15K
2. School fees is not a monthly expenditure
3. Mpango wa kado and misc are in the same category. don't add them together but adjust so that mpango wa kado shares in the 5K allocated to that vote head
4. Car loan is a term expenditure so after you are done with the loan you save 20K.
5. Saaco is a saving/investment so not expenditure
6. increase rent to 30-35K and live comfortably
7. reduce costs like use car only on Fridays or when you have to run errands after work

NB I meant 180K take-home though 130 is still good
"Money never sleeps"
sentinel prime
#33 Posted : Saturday, January 19, 2013 11:28:12 AM
Rank: New-farer

Joined: 11/12/2012
Posts: 92
jaggernaut wrote:
I'd rather work in Nairobi despite all the associated 'problems'. I visited a friend working in one of those smaller towns and the quality of life is pathetic. There are no self contained houses to rent, no running water, no roads etc. You have to fetch water from a well and use a communal bathroom. He wanted to buy some land and put up a proper house but thought otherwise due to siasa and risk.


depends on the size of the town.Most medium to large towns beat Nairobi in the quality of life.
kayhara
#34 Posted : Saturday, December 26, 2015 8:21:24 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Football aside,would you prefer a 10% raise in your salary or same salary but a 25% lump sum in January and 75% monthly,assume 100K salary.
To Each His Own
jerry
#35 Posted : Sunday, December 27, 2015 12:12:28 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
kayhara wrote:
Football aside,would you prefer a 10% raise in your salary or same salary but a 25% lump sum in January and 75% monthly,assume 100K salary.

Where does footbal come from? 10% raise is my choice.
The opposite of courage is not cowardice, it's conformity.
kayhara
#36 Posted : Sunday, December 27, 2015 9:23:47 AM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
jerry wrote:
kayhara wrote:
Football aside,would you prefer a 10% raise in your salary or same salary but a 25% lump sum in January and 75% monthly,assume 100K salary.

Where does footbal come from? 10% raise is my choice.

In reference to Arsenal and Man U woes
To Each His Own
subaru
#37 Posted : Monday, December 28, 2015 8:11:18 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
kayhara wrote:
jerry wrote:
kayhara wrote:
Football aside,would you prefer a 10% raise in your salary or same salary but a 25% lump sum in January and 75% monthly,assume 100K salary.

Where does footbal come from? 10% raise is my choice.

In reference to Arsenal and Man U woes


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Jon Jones
#38 Posted : Monday, December 28, 2015 8:29:31 AM
Rank: Member

Joined: 9/11/2015
Posts: 245
Location: Thika
Nowadays, with the inflation and all, I guess 500k is the new "good" salary according to me, for a bachelor. If married, 800k will do.
Since men have learned to shoot without missing, I have learned to fly without perching
Boris Boyka
#39 Posted : Saturday, January 02, 2016 8:29:48 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
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Jon Jones wrote:
Nowadays, with the inflation and all, I guess 500k is the new "good" salary according to me, for a bachelor. If married, 800k will do.

Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
kaka2za
#40 Posted : Saturday, January 02, 2016 9:36:49 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
Jon Jones wrote:
Nowadays, with the inflation and all, I guess 500k is the new "good" salary according to me, for a bachelor. If married, 800k will do.


And remember Net salary after tax for gross salaryof 500K will be around 360K.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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