Mastering Your Money: Navigating Overspending in Kenya's Cost-of-Living Crisis

As the cost of living continues to rise and economic uncertainty looms, many Kenyans are finding themselves stretched thin financially. From impulse shopping to hidden digital subscriptions, overspending has become a silent culprit behind empty wallets and mounting debts. But experts and everyday savers agree: with a little discipline and strategy, it’s possible to keep your spending in check and your financial goals on track. It starts small, a takeaway coffee here, an online deal there but it adds up fast. Impulse buying is the number one cause of overspending, especially with mobile money and online shopping making it so easy. The convenience of mobile cash, Buy Now Pay Later services, and even TikTok shop offers makes it tempting to spend on things we didn’t plan for. To combat this, experts advise following the 24-hour rule: If you see something you like, wait a full day before deciding whether to buy it. You’ll be surprised how many times you change your mind. A budget isn’...