If You Earn Ksh50k, How Long Should You Take to Save Ksh50k?
The 50/30/20 method outlines how you should divide your income. 50% of your income should be used for your needs, which include food, shelter, clothing, and commuting. The other 30% is allocated to your wants, these include the creature comforts that you enjoy. On the other hand, the remaining 20% is committed to savings.