Worst mistake you can make is starting New Year in debt - Chris Kirubi ▷ Kenya News

- Kirubi has urged Kenyans to plan their new year budgets early and stick to them religiously

- He said this will prevent one from spending beyond limits, a practice that attracts high appetite for borrowing

- Earlier, he had warned Kenyans against being influenced to overindulge during the Christmas festivities

- A recent study revealed Kenyans are heavily indebted with men leading as most frequent borrowers from digital lending apps

Billionaire Chris Kirubi has urged Kenyans to manage their finances prudently and ensure they start the new year, 2020, without being indebted.

In a brief statement, Kirubi said it was noble for everyone to prepare their budgets in advance and steer clear from spending beyond their means.

Chris Kirubi (l) shares a moment with Marathoner Eliud Kipchoge (r). Photo: Eliud Kipchoge.
Source: Facebook

The businessman described starting a fresh year in debt because of poor planning as "the worst mistake one can make at the beginning of the New Year".

"The worst mistake you can make is beginning the New Year in debt. If you prepare your budget well in advance and stick to it, then you should have no problem. Use what you have and do not spend beyond your limit," Kirubi tweeted on Sunday, December 29.

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