Tips on how to become a dollar millionaire from Sh45k salary

Rina Karina of Faida Investment Bank

Can someone with a modest job become rich without being corrupt?

What you earn is irrelevant as long as you manage your money well over a long period of time. If you have a goal, it will drive you to look for other sources of income. Just be consistent and manage your money wisely. Start saving early, no matter how little, even as early as 19 years. Don’t wait until you are 40 to start putting something away for the future. Saving as little as Sh2,000 per month for 20 years can make you a multi-millionaire if you are earning compounded interest at the rate of 10 per cent per year.