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Kenyan Millionaire
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Marty
#11 Posted : Tuesday, July 07, 2009 1:17:00 PM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
How interesting that everyone has got their own definition;

Maybe being a millionaire is a mindset/perception. Don't get me wrong,it's also about the money to an extent. But the money could just be a small part of being a millionaire.

Being a Millionaire could also be the lifestyle u live,they way u think,the way u spend ur time and the things u do. It could be being able to provide for ur family and to feel like u have reached self actualization stage of Maslows hierachy of needs.

Again some of the extremely wealthy fellows do not live like they are millionaires.
It is all so confusing.

..wise as a serpent,humble as a dove
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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Fundaah
#12 Posted : Tuesday, July 07, 2009 1:34:00 PM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267
This thing ..Million ...is hard to make and keep in cash....I mean .. fixed or saving account... not shares or house.....but liquid/hard cash... do we have such guys here with say 1m in their savings account or under their mattresses...? cap off for you....Ive tried in vain

Rules of the game here:

Before you post anything think.give facts only..It's a serious blog for serious people....Do not insult your brother....respect one another...Just be good

Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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smano
#13 Posted : Tuesday, July 07, 2009 1:45:00 PM
Rank: Elder

Joined: 12/13/2006
Posts: 2,589
Actually Fundaah's question has got me thinking,which guys out there whom you're sure would have at least Ksh1M in their CURRENT account perhaps all year round would be sending replies in a blog? And am not disrespecting sk guys,hell am one,hopeful I can one day qualify to be in the Champions league; am just trying to picture Chandaria or maybe a CK,heck even a well paid CEO like MJ or James Mwangi,or anyone who maintains such balances who would be a member of such an insightful and social blog such as sk,replying to posts and basically seeing what guys out there are thinking. Would be interesting to know...

smano
BEER IS LIVING PROOF THAT GOD LOVES US AND WANTS US TO BE HAPPY!
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gogeta
#14 Posted : Tuesday, July 07, 2009 1:46:00 PM
Rank: Member

Joined: 10/17/2008
Posts: 338
Location: Kenya
@ Fundaa...i have a client who has a 35M in a fixed deposit account in one of these corporate banks...current ac ni hard yenyewe.....

Wisdom brightens a man's face and changes its hard appearance.Eccle 8:1
Think the unthinkable but wear a dark suit
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Fundaah
#15 Posted : Tuesday, July 07, 2009 2:02:00 PM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267
@Smano

MJ replied one time in this forum....the thread was on Mpesa phenomenon...you might never know who is watching here....I'm out of topic :) Read the rules of the game.. it's a serious blog


Rules of the game here:

Before you post anything think.give facts only..It's a serious blog for serious people....Do not insult your brother....respect one another...Just be good

Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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stonemimi
#16 Posted : Tuesday, July 07, 2009 2:11:00 PM
Rank: Member

Joined: 5/16/2009
Posts: 145
Millionaire: do not mind which currency. If domiciled in kenya,the relevant currency is ksh. and if in zimbabwe,ofcourse Zm$. Two things matter sk: First,matters what millionaire you are. Whether you have fixed assets,near cash,cash,or bank facility worth one million and over. Second is the size of the family. To be classfied a millionaire,the percapita for the family should be over one million. For a family of 4,to be classfied a millionaire,you should be worth 4m.

Quite simple
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fantony
#17 Posted : Tuesday, July 07, 2009 2:17:00 PM
Rank: Member

Joined: 11/6/2006
Posts: 276
please all read the book 'THE MILLIONAIRE NEXT DOOR' by Professors Danko and Stanley.. or at least google the synopsis

are you guys talking about real millionaires (wealthy people) or the other kind.. the hollywood stereotype... that go goes to bahamas...

wheelz..... many housest... for f**ks sake ... !!!!!!!!!!!!!!!!!!!!!
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Fundaah
#18 Posted : Tuesday, July 07, 2009 2:23:00 PM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267
Stone .. You say '4M worth ' .....and the measure of worthiness... is it cash and cash equivalent ..or fixed assets.... stolen or honestly earned.....? to me unclean USD 1Million is worthiless...

Rules of the game here:

Before you post anything think.give facts only..It's a serious blog for serious people....Do not insult your brother....respect one another...Just be good

Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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stonemimi
#19 Posted : Tuesday, July 07, 2009 2:31:00 PM
Rank: Member

Joined: 5/16/2009
Posts: 145
@fantony: Read MND and my comments are in line.

@Fundaah: 4 million active assets
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smooth
#20 Posted : Tuesday, July 07, 2009 4:14:00 PM
Rank: Member

Joined: 10/26/2007
Posts: 31
I believe we are all defining,our wishes of how much wealth we wish to have,either by time x or by age y . There are few who would bodly say they are millionaires .. and we all hope to reach there.

Comparatively,we would say the other is a millionaire or looks a millionaire . but looks often deceive.

For me,i have a long way to go ...




Smooth
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