We spend fortunes to gain an education but sadly, money is not taught in schools. Schools focus on professional skills and not on financial skills. This explains why professionals and high achievers still struggle financially all their lives. Majority of these people are in the middle-class category hence my focus in this specific group. The main reason people fail to grow financially is that they continuously acquire liabilities thinking they are assets, and that is why it is important to identify a liability from an asset.

The middle class find themselves in a constant state of financial struggle because their expenditure rises to meet the income. To them, a pay rise equals buying a better car, dress, house or spending more.This behavior trend is the cause of today’s rat-race situation.With little to invest, they opt to play safe and avoid risk.They have a number of liabilities to take care of and no real assets that generate income.The only source of income is the monthly salary.

The rich on the other hand have assets that generate more than enough income to cover their expenses and re-invest. The assets continue to grow, making them even richer. We, therefore, need to concentrate on buying income generating assets, and grow them so that we can afford to look at high-risk investments. The following are just but a few measures that can help;

1.Financial Literacy.

When you are ignorant about the way you handle your money, you will soon part ways. Search for information on how to manage your finances. You can find this anywhere, from books, attending seminars and workshops, taking short courses, and even from reading online.

Reading the book, ‘Rich Dad, Poor Dad’ by Robert T. Kiyosaki opened my mind. I recommend the book to anyone interested in getting rich.

2.Have a Budget.

Failure to plan is actually planning to fail. It is really important to have a budget and avoid impulsive buying. If you don’t budget, you will live for others, especially if you have a compassionate heart. Also, remember to budget what you have and not what you wish you had.

3.Delay your gratification.

There is always pressure to buy a new car, phone etc. Avoid peer pressure and work with a plan. Invest in places where the money will come to you instead. You can gift yourself later.


It is important to save.Many people pay the government through taxes, banks through loans ,personal expenses through rent, food, transport and security. They have nothing left for saving. It is important to have savings. All riches have their origin in the mind, therefore save according to your vision.

If employed, always find an extra source to make money and increase your savings.

5.Make honest money.

If employed, serve your company diligently. Don’t steal from your source of income because law has a way of catching up with you. If self employed, engage in legal businesses and serve your customers well. Avoid gambling and any other quick money making schemes.


It’s been proven that when you give, it comes back to you sometimes even better. Give when you can but don’t be too generous that you are left with nothing. Give to your parents, church, the needy in the society and to projects that are meant to improve mankind’s existence in this world.

Thank you for reading.

With love,




About Author

I am a Medical Underwriter in arguably one of the largest insurance companies in East Africa. It’s during this period that I emerged from my cocoon, I discovered interesting things about myself that have continually nudged me to face life with renewed radiance. I discovered my hobbies were not just sleeping and reading but I had more to offer life than I possibly thought. It’s safe to say these days I run out of time ….I love swimming, dancing, blogging, modelling and watching movies. As far as my long-term career development goals are concerned.My career goal right now is to get a chance to work as Business Developer-Health division, take up a senior management position later on and in due time become a CEO with an aim of impacting positively in the insurance industry.I plan to also study a Diploma in Insurance to add to my actuarial degree, grow in the underwriting department and get to a management position.If you are an employee,you should be shortlisting me now. When free I run a personal blog, please subscribe and get inspired by my articles. In addition, I am actively pursuing modelling at my free time. I have found interest in this field as it has helped me refine my body language and brought out additional positive aspects in my personality. Follow me on Instagram and twitter as Dollypinky_chepngetich and get to read my interesting posts which more often than not are accompanied by some good images.


  1. Greetings John- fascinating article that is a blueprint for being successful with budgets and investments. It should be a must read for HS and college students, along with an assignment to analyze and personally evaluate their financial assumptions and future goals. There is one area in your plan that causes me pause however, and that is your level of liability on your auto insurance. While “state minimums” are certainly going to be the least expensive, after having personally been “at fault” for an accident, you’ll want the most liability insurance possible if that need comes. If you have insufficient liability protection, then you’ll be on the hook to pay the difference or potentially could lead to personal bankruptcy. That could erase your years of hard work. I enjoy your blog, keep up the great article and take care.

    • Thank you for the additional information.
      Many people do not take much interest in insurance until a lose actually occurs.This will help many

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