It is the American billionaire businessman Warren Buffet who said: “Do not save what is left after spending; instead spend what is left after saving.”
But what happens when what you remain with after saving is not enough to cover your expenditures? How much should one save anyway?
When it comes to personal finance, the importance of saving cannot be emphasised enough.
Facts First
Unlock bold, fearless reporting, exclusive stories, investigations, and in-depth analysis with The Standard INSiDER subscription.
Already have an account? Login
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print
operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a
leading multi-media house in Kenya with a key influence in matters of national
and international interest.