Receiving a pay increase can have a significant impact on an individual's financial situation. However, it may also lead to changes in spending habits.
For instance, consider the case of Mercy Cherono, who received a 30% salary increase to Kshs. 65,000, up from her previous salary of Kshs. 50,000. Following the raise, she began spending money on items such as designer clothes and fast food from various establishments in Nairobi. As a result, she has accumulated debt and is now reflecting on her financial decisions.
