Chachanomics Money Talks

https://youtu.be/-5nH3khJG_g

Reader's Question My name is Gilbert. My wife and I are primary school teachers upcountry. We both earn a net of Sh28,000 each. We have two children. One is in nursery PP1 and the other one is a toddler. These are our first jobs. We are excited and anxious not to mess up our money. We have big dreams. We would like to go back to school and scale ourselves career-wise. We would also like to buy a piece of land and build our own home in the foreseeable future. We haven't done much with our first salaries because we don't know how to budget. Please help us draw a budget. We don't have loans yet. Should we also pay tithe and give to relatives at this stage? Expert Advice Your total income as a couple is Sh56,000. It is important that you hold a candid conversation with your wife on how to share your financial obligations as a couple and leverage on your dual salary for increased savings and investments. This will help you to overcome any feeling of  financial infidelity, es