Do you have the habit of 'keeping up with the 'Joneses'. Striving to achieve or own as much as the people around you. For instance, 'If you want to keep up with the Joneses in certain neighborhoods, you will have to own at least a car, wear designers clothes, take your kids to expensive schools....' To fail to 'keep up with the Joneses is perceived as being poor! Kenyans are notorious for catching a "luxury fever". It does not seem to matter that we aren't rich yet, as long as we look as if we were. Is it difficult to live within your means? If so, then you should start a personal budget system to account for your monthly expenses. An easy, effective, practical method is the Envelope System. 8 tips to easy Envelope Budget System: Start by tracking your daily expenses. List down all your monthly expenses. Refer to your daily expenses notebook. You can start by grouping the list into categories such as Fixed: Rent, Utilities, Transport ...
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