there is something called the hedonistic treadmill ....nothing is ever enough

In the early 2000's i was in my early 20's living near Syokiamu before all the development when it was still savannah, i was earning 27k p.m., a quarter of an acre of land was going for as little as 100k but because i was young & stupid i was living had to mouth, i didn't save and obviously could never have invested, now i feel physical pain when i see the same pieces of land going for millions.

Happy to note i've learnt my lessons,particularly from my grand father who bought a house in umoja in the 70's when his friends laughed loudly at him for buying a house in what was then the middle of nowhere. Needless to say he has an endless stream of income that is keeping him in his old age. Currently i don't earn six figures, but still manage to save over 50% of my income every month, and have built but quite a substantial nest egg. It has required a lot sacrifices, but it is so worth it.

Had i started saving and investing in my twenties it would have been so much easier and i would have been so much further along towards achieving my financial goals.

It is never too early to start saving and planning for the future.

in 2000 you earned 27k per month and today(12 years later) you arent earning more than 100 k....you must be a civl servant...those are the kind of people whose salary increment is just enough to cope with inflation.

it is called constructive criticism...it should be an eye openner to him/her...that he has been earning five figures for more than a decade...there should be some progress atleast.

ahhh the naivety of youth....you just think money is so easy...