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Help! I have a job and side hustle making Sh82,000 per month, yet I live hand-to-mouth

The article from Business Daily Africa discusses the financial struggles of a Kenyan individual earning KSh 82,000 per month, who finds themselves living hand-to-mouth despite what might be considered a decent salary in the local context. The person outlines their monthly expenses which include rent, transport, food, utilities, and other miscellaneous costs, which collectively consume their entire income. The narrative highlights the rising cost of living in Kenya, where even with a relatively high income, many are unable to save or invest due to the high cost of basic necessities. The article also touches on the broader economic issues like inflation, the weakening Kenyan shilling, and the impact of taxes, which exacerbate the financial strain on middle-income earners. It serves as a call to action for better financial planning, government intervention in controlling living costs, and possibly reevaluating salary scales to reflect the actual cost of living.

Read the Full Business Daily Africa Article at:
[ https://www.businessdailyafrica.com/bd/lifestyle/personal-finance/i-am-making-sh82-000-per-month-yet-i-live-hand-to-mouth-4840114 ]