Like many other countries, Kenya is struggling with rising fuel prices, inflation, and the cost of necessities rising. Although these difficult economic times can be difficult, they are not insurmountable. We’ll look at a number of techniques in this blog to help you get through these trying times without sacrificing the quality of your life.

Financial Planning and Budgeting

Re-evaluate Your Budget

  • Cut down on unnecessary expenses and prioritize essential needs such as food, shelter, and healthcare.

Emergency Fund

  • An emergency fund can be a lifesaver during difficult times. Aim to save at least three to six months’ worth of living expenses.

Smart Shopping: Buy in Bulk and Look for Discounts

  • Stock up on essential items when they are on sale.
  • Utilize discounts and loyalty points, but make sure you’re buying things you actually need.

Invest in Renewable Energy

  • Rising fuel costs can make utilities like electricity very expensive. Investing in renewable energy sources like solar panels can offer long-term benefits.

Agriculture and Gardening

  • If you have access to a small piece of land, consider growing your own vegetables and herbs. This can help you save money and eat healthier.

Alternative Income Sources

Side Hustles

  • Online freelancing, tutoring, or even selling handmade crafts can provide an extra income.


  • Although the economy is tough, there are still opportunities for investment, such as in government bonds, real estate, or even starting a small business. Always do your research before investing.

Public Transport and Carpooling

  • With the increasing fuel prices, using public transport or carpooling can save you a significant amount of money on commuting.

Networking and Community Building

  • Tough times often require collective solutions. Networking can provide opportunities for job referrals, investment advice, and even group discounts on essential items.

Mindset and Psychological Well-being

  • Economic hardship can take a toll on your mental health. Consider low-cost or free methods for stress management such as exercise, meditation, or even counseling services offered by NGOs.

It takes a combination of sound financial management, astute planning, and a proactive attitude to looking for new sources of income to weather hard economic times. Even though Kenya’s growing inflation, fuel prices, and commodity prices are a formidable obstacle, they also present a chance for us to reconsider our financial plans and become stronger.

By taking the initial step and putting some of these strategies into practice, you’ll not only be better equipped to handle these difficult times, but you’ll also be less vulnerable to future economic uncertainties.

By Catherine Mungai

An Outgoing girl based in Nairobi, Kenya who loves life, writing and reading.

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