This archive report was first published on 8 October 2019.
Imagine owning a Bentley by the time you turn 60. For Jose, a young ambitious man living in the big city, this is a dream worth working towards. In this guide, we will walk you through the steps Jose took to make his dream a reality.
First, Jose reviewed his finances to determine how much he earns and how much he can save each month. He set a goal to save Ksh2,000,000, which would help him achieve a solid retirement plan and own his dream car.
Next, Jose started a pension savings plan, which made it easier for him to save and track his progress. He also drew up a spending plan, limiting his frivolous spending and allocating a portion of his income towards his dream car.
However, Jose soon realized that he was unintentionally spending a lot of money each month. He reviewed his expenditure and made changes, such as downgrading services and eating at home instead of eating out.
To stay motivated, Jose visualized his goal by putting up a picture of his future Bentley at his desk and in his home. He also reminded himself to enjoy the process and not to cheat himself on his savings goals.
After following these steps, Jose was able to save enough money to buy his dream car. He took a moment to savor the feeling of accomplishment, knowing that he worked hard to achieve his goal.
