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@TheAbojani

Feb 28

#AbojaniTrueStorySeries
I MOVED FROM DEBT TO STABILITY IN MY 30'S 🧵🧵

I started working at 25 years old.

I can say I 'caught' money earlier than most men in this Nairobi. I bought my first car way ahead of my peers and I even married the first.

By 30, I had a stable job as a project manager with a mid-sized construction company somewhere in Westy, earning enough to take care of my family and live comfortably.....

For most of my life, I thought I was doing well financially.

But behind the scenes, things were not as perfect as they seemed. I had no real understanding of financial discipline, and it cost me dearly

You see that my first car, I bought it on credit, of course. I thought it was an exciting milestone. A car meant success, right?

What followed were a series of small, reckless financial choices: high-interest loans, credit cards, and lifestyle expenses I didn’t need. I convinced myself that everything would work out because I had a steady paycheck...

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Abojani Investment 🇰🇪🇺🇬🇹🇿

@TheAbojani

Feb 25

#AbojaniTrueStorySeries
A MOTHER'S JOURNEY TO FINANCIAL FREEDOM 🧵

The best investment I've ever made in my life cost me Sh 2500.

Let me tell you how it happened.

I am a single mother of two children, ages 10 and 8. I graduated and began teaching at a school in Ngara, where I met my husband, who was a senior teacher....

We got married in 2013 when I was 22. My salary was Sh 26,000 after taxes, while my husband earned Sh 32,360.

He had monthly loan repayments of Sh 11,500 for a business loan he took but the business collapsed. He also sent Sh 10,000 monthly to his previous family. He moved into my house and we started living as husband and wife........

In three years, we welcomed two children.

In 2016, I got a teaching assistant position at an international school along Thika Road. My salary was Sh 86,000 after taxes.

My husband encouraged me to take a loan to build a home on a piece of land he had inherited from his dad in Kenol, just after Thika, to eliminate our rent expenses.

Read 7 tweets

Abojani Investment 🇰🇪🇺🇬🇹🇿

@TheAbojani

Feb 12

How to Deal with Black Tax as a Newly Employed🧵🧵

For most newly employed, the script is the same.

Your phone suddenly starts ringing 3 times a day. People suddenly want to 'check in on you.' Relatives suddenly respect you. There' s a harambee they want you to attend. There's a nephew they wish you could help with the fees, a relative who 'carried you when you were very little' who needs some 5K urgently.....

There's nothing wrong with coming through for your community. There's nothing wrong with sending the lift back down.

After all, no man is an island. We thrive in shared prosperity.

However, a line needs to be drawn soon enough before things get messy.

"You can't pour from an empty cup"

Your paycheck, especially as a newly employed should be your seed money. It should lift you up first so you can comfortably accommodate others.

Here's how you can navigate black tax as a newly employed...

Read 12 tweets

Abojani Investment 🇰🇪🇺🇬🇹🇿

@TheAbojani

Jan 27

#AbojaniTrueStoriesSeries 🧵🧵

MY MILLIONAIRE FRIEND AND I

Dear age 35-45, please listen.

I graduated in 2010 and got a job at a lucrative government parastatal. My entry-level management trainee salary was Ksh 87,000. I had a steady salary, numerous allowances, and a few side deals, money flowed, and I lived a life my friends envied. Within three years, I was promoted, doubled my salary, and my employer sponsored my master’s degree.

I quickly settled into the fast-paced lifestyle of the city. My friends joked that I could buy a yacht, but little did they know, my financial ship was already sinking, only that I didn’t see it! I never saved or invested in any income-generating activities.

2 years later, I got promoted again and bought a German car. I got married and moved from Nyayo Estate in Embakasi to Kilimani. I enjoyed hosting my friends for endless choma and bottomless beer.

Read 14 tweets

Abojani Investment 🇰🇪🇺🇬🇹🇿

@TheAbojani

Jan 24

#TrueStoriesSeries

I am a financially stable medic. Where are the financially stable men?

I am 36 years old, extremely financially stable, without a child, single, (Although this year I hope to meet ‘the one’) in a flourishing career in the medical field. I have been following the @TheAbojani Alumni series of stories with keen interest.

When I look at my financial stability journey, I feel like I don’t even deserve to share anything because most people go through a lot before they become financially stable.

Sometimes I read their stories and say, “I have been lucky, I haven’t gone through half of what some people went through.” However, a financial success story should not always be laced with hardship. The only difficulties and heartbreaks I have faced are from a few boyfriends I have dated, one even conned me Sh 1.4m but let's not talk about that.

Read 14 tweets

Abojani Investment 🇰🇪🇺🇬🇹🇿

@TheAbojani

Jan 24

10 Things Every Business Owner Should Do to Get Their Money in Order in 2025🧵🧵

1⃣Separate Personal and Business Finances
Make sure to open a dedicated business account. Mixing personal and business funds can lead to confusion, tax issues, and missed financial opportunities. Keep it clean and organized for easy tracking and management....

2⃣Create a Budget and Stick to It
A budget is the foundation of financial discipline. Outline your business expenses and revenue projections. This will help you stay within your limits, plan for growth, and avoid unnecessary debt.

3⃣Track Your Cash Flow Religiously
Understanding where your money is coming from and where it’s going is key. Use accounting software or even a simple spreadsheet to track every transaction. Positive cash flow is the lifeblood of your business.

4⃣Set Up an Emergency Fund
Business is unpredictable. Having a financial cushion can save you from going under during tough times. Aim for at least 3-6 months of operating expenses in your business emergency fund.

5⃣Invest in Financial Tools
Use accounting software like QuickBooks, Xero, or even mobile apps like Pochi La Biashara to keep track of payments, record expenses, and automate as much as possible. Technology can save you time and reduce errors.

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More from @TheAbojani

Abojani Investment 🇰🇪🇺🇬🇹🇿

Abojani Investment 🇰🇪🇺🇬🇹🇿

Abojani Investment 🇰🇪🇺🇬🇹🇿

Abojani Investment 🇰🇪🇺🇬🇹🇿

Abojani Investment 🇰🇪🇺🇬🇹🇿

Abojani Investment 🇰🇪🇺🇬🇹🇿

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