Ways to grow your income

Too often, you hear how people aren’t saving as much money as they should. But while cutting back on expenditure is great advice for those looking to boost their savings, you shouldn’t forget the other side of the equation: earning.

The truth, as someone said, is no one has ever gotten rich through saving alone. This doesn’t mean that being frugal and saving are useless. Rather, if you want to become wealthy, you have to excel at both earning and saving. The personal saving rate in Kenya is 12.54 per cent- a rate which might be too low for wealth creation.