Ecclesiastes 10:19
A feast is made for laughter, wine makes life merry, and money is the answer for everything.

SACCO loans vs Bank Loans

There, even the bible says that money plays a big role in our life. It is the answer for everything. If you are starving and you want to eat, you need to have a money. If you want to dressed the way you want to be addressed, you also need to have a money. This is the reason why we need to keep making money.

But it doesn’t end there. Making money is easy, the real challenge is to keep that money with you.
Someone told me that money seems to be running away from her. As soon as I heard that, the voice of our Pastor echoed in my ears saying that even money doesn’t want to be alone. He maybe right in some ways. Remember the parable of the talents?

Matthew 25:29
For to everyone who has will more be given, and he will have an abundance. But from the one who has not, even what he has will be taken away.

Here are some of the most common reasons why you can’t save money and how to overcome them:

1•Personal Finance

It is not a normal ability to manage your finances correctly in order to save money. To put it another way, you aren’t going to wake up one day and start making excellent financial decisions. If you want to be good with your money, you must first learn how to manage it. By correctly handling the finances. 

2•Emergency situations 

One of the most demoralizing facets of saving money is unexpected expenditures. 

It’s like taking one step forward and being knocked down two feet. 

If you never take the time to plan for unexpected costs, you’ll almost certainly end up in debt to cover them.

This is a reactive way of managing your finances, and going into debt to cover unexpected costs ties up your income and prevents you from saving. To stop excessive expenditures, learn to save for emergency expenses. 

3•Set a budget 

If you want to start or raise the amount of money you save each month, budgeting is a must. 

Budgeting is the most effective way to prepare and track your financial goals. 

How do you plan to save money if you’re doing that? 

If saving money is a top priority, make a budget right now and begin actively handling your finances.

4•Credit Card Debt

Credit card debt is one of the most dangerous things you can do to your finances. Saving money becomes even more complicated when you have credit card debt. Any dollar you pay to a credit card company is money you won’t be able to save. If you want to save money, you can stop using your credit card and break the loop. 

5•You mix up wants and needs. 

Wants and needs are two very different things, and if you can’t seem to save any money, it’s possible that you’re mixing them up.


Rent is currently at an absurdly high level. And things are just getting worse. It can seriously impede your ability to save money, much like paying too much for a home. Rent should account for around a quarter of your monthly salary. If your renis is higher than that, you should consider looking for a new place to rent. 

•Get Rid of Your Debt 

If you have some debt, try to pay it off as soon as possible. 

Every dollar you spend on debt is another opportunity to save money and improve your financial condition.

Finally, if you are unable to save any money, you must do whatever it takes to increase your financial margin.