[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"