Tag: money traps Kenya

Taxes, inflation, debt, and retirement fund schemes silently trap the middle class and poor in financial struggle. While salaries are taxed heavily, inflation erodes savings, debt compounds against borrowers, and pension reforms shrink take-home pay without delivering real retirement security. This blog explains how these forces keep people poor—and outlines strategies to break free through smarter money choices.

Discover the 7 biggest mistakes that stop people from building wealth — from lifestyle inflation to avoiding risk. Learn how to sidestep these traps, grow your income, and secure financial freedom in Kenya and beyond.