From the start, participants were challenged to rethink what financial success really means. They asked themselves whether there is a clear difference between being rich and being wealthy and whether financial goals can be achieved without first being defined. These questions set the tone for a gathering that aimed to shake off misconceptions and build a more intentional understanding of money.

The atmosphere was lively and engaging. To break the ice and keep participants connected, the organizers introduced games and interactive exercises that related to financial literacy. Board games created scenarios where players had to make budgeting and saving decisions while ice breakers turned into short challenges about spotting financial traps or identifying smarter money choices. These activities were not only fun but also powerful learning tools that showed how decision making, risk taking and planning are part of everyday life. They helped participants see that financial literacy does not have to be taught in a classroom style. It can be practiced in a social, creative and playful way.

The discussion introduced the idea of money illusion, where many assume that higher income automatically means prosperity. Participants explored how misleading this can be, since money that is not properly managed is often wasted. This part of the session encouraged everyone to reflect on how appearances and spending habits can create a false picture of success while true wealth requires discipline, planning and patience. It was a moment of realization that having money is not the same as keeping or growing it.

Budgeting and saving became another area of focus. The group discovered that living below one’s means should not be viewed as a sign of failure but as a conscious strategy for building financial freedom. Budgeting was framed as a way to direct money with purpose rather than wonder where it has gone. Saving was presented not just as a habit but as a deliberate choice tied to goals such as starting a business, investing in education or preparing for emergencies. The key message was that consistency in saving is what turns small steps into large achievements.

When the conversation shifted to investments, the energy in the room picked up. Young people discussed opportunities in money market funds, community savings groups known as chamas and mobile platforms such as M Shwari. What stood out was the understanding that investments should not be random. Research and intention are essential. The group embraced the idea that even small investments can grow when they are well planned. The message of “Invest, Invest, Invest” was echoed strongly but always with a reminder that smart investing requires patience and knowledge.

Beyond the practical side of money, participants also examined its broader dimensions. Some reflected on whether money has a spiritual meaning, particularly in acts of giving. The idea that money can be a tool for generosity and community building resonated with many in the room. This connected financial literacy to deeper values and reminded participants that wealth can be measured by the impact it creates as much as by the assets it builds.

The session also pointed out mistakes that many young people are making now which could hurt their financial future. Overspending on trends, failing to save with purpose and investing without proper research were highlighted as risks that can be avoided. By identifying these challenges early, participants felt better prepared to change course and adopt healthier financial habits.

This first edition of FinLit was more than a workshop. It was a milestone that proved young people are ready to engage in meaningful conversations about money. It showed that financial education does not have to be intimidating. Instead it can be inspiring, practical and even playful. With the combination of discussion, games and shared wisdom, the session created a new way of learning that participants described as refreshing and transformative.

As the event ended, participants were already looking forward to the next sessions that will dive deeper into entrepreneurship, digital savings tools and building generational wealth.

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The Toll of the Finance Bill 2024

When the Finance Bill 2024 was introduced, Kevin didn’t think much would change. But it did fast. The cost of everyday items shot up. His freelance earnings, already taxed, now had extra deductions from NSSF, NHIF, and the proposed housing levy. The same government that once promised opportunity was now chipping away at his net income.

And then came the news: HELB loan recovery would be intensified money he had long accepted as a necessary debt for his education was now haunting his payslips.

Financial Discipline? Easier Said Than Done

Kevin wants to save. He really does. But how do you put money aside when you’re budgeting between rent, transport, food, data bundles (a basic need, honestly), and still have the audacity to want to live a little?

He’s tried budgeting apps, setting M-Shwari limits, and even joined a chama with friends. Still, emergencies crop up sick parents, broken laptops, black tax and the savings vanish.

The Guilt of Enjoying Life

“Bro, you’re broke why are you at Blankets & Wine?” That guilt-trip is real. But Kevin knows that if he doesn’t take time to recharge, burnout will come knocking. Fun shouldn’t be a crime. Still, balancing fun and finances is a constant tightrope walk.

A Simple Saving Plan That Works

Kevin recently adopted the 50/30/20 rule:

• 50% for needs (rent, bills, food)

• 30% for wants (leisure, outings)

• 20% for savings and debt

It’s not perfect some months are rough but it helps him track his flow. He also opened a locked savings account and set auto-deposit for a weekly amount of 1000. This helped him build an emergency fund without even noticing it.

He’s also started reading up on financial literacy, watching YouTube videos, following budget-friendly creators, and attending trainings this helped him understand financial discipline more.

Reclaiming Control

For Kevin, financial literacy isn’t about being rich it’s about being intentional. Knowing where his money goes, questioning every deduction, staying politically aware, and finding strength in the community.

He’s part of a growing youth wave one that is not only protesting exploitative policies but also learning, sharing resources, and rebuilding trust in themselves.

In a country where inflation bites harder than hope, Kevin is still standing. His story mirrors thousands of others who are tired but not defeated. Financial literacy isn’t just about money it’s about survival, resilience, and rewriting the Kenyan dream.

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