Dr Ezekiah Kariuki's Advice to young people on savings.

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Ezekiah Kariuki the founder and Director comfort homes real Estate and Together as one microfinance has encouraged and advice young people to save early to set the foundation for financial freedom.

Speaking in a press forum, Kariuki gave guidance to Young People on Saving

Where he said you Start with Small and also Start Early

"You don’t need a big salary to save begin with 10–20% of any money you get either allowance, side hustle, salary or gifts". Kariuki said.

small amounts grow over time through consistency.

Set Clear Goals,

Define why you are saving: school fees, starting a business, buying land, emergency fund, or even retirement.

Goals give savings purpose and motivation.

Create a Budget by tracking the

income vs. expenses.

Differentiate your needs come to food, rent, transport and wants (luxury items, impulse spending).

50% for needs

30% for wants

20% for savings

Choose the Right Saving Options

Savings account in a bank or Sacco,

Chamas / Investment groups for discipline and accountability

Money market funds (MMFs) for higher returns but easy access

Avoid Debt Traps

Don’t borrow for luxury or short-term wants.

Use credit only when it helps you grow wealth (education, business).

Pay Yourself First,

Treat savings like a bill you must pay every month.

Automate transfers so money goes to savings before you spend.

Think Long-Term,

Savings today can be the seed for investment tomorrow.

With time, shift part of savings into investments (real estate, shares, small business).

Save at least 3–6 months’ expenses for emergencies eh job loss, illness.

This keeps you from draining your main savings or borrowing unnecessarily.

“Saving is not about how much you earn, but about how much you keep and grow. The earlier you start, the stronger your financial future will be