Working, Saving, Investing or Doing Business – What Should Come First? | Withshimami Financial Insights

 

Working, Saving, Investing or Doing Business – What Comes First?

Financial freedom is a journey, not a shortcut. Many of us ask: Should I save first? Invest? Or just dive into business? Let’s break it down the withshimami way – practical, grounded, and aligned with real life.

WORKING

 Employment is a very very very important phase of your life . Although many people ridicule it , The majority of comfortable people , leading easier lives are people that work or are in employment . Employment makes life easier and removes the horrors that lie in the failures of business . If you are young , work for at least 5 to 10 years to just learn systems , appreciate controls and policy and also to give you a chance to grow your business in its infancy . Do not rush out of employment before you are ready . Don’t let small things like a nagging boss distract you from your mission, which is financial freedom . Endure that boss , Endure those working conditions . They say that he suffers more if he chooses to suffer before it is necessary . Just like a business man suffers no sales in a month , I want you to suffer your boss . that is your challenge for now . If you don’t like your boss , APPLY ELSE WHERE TOO BUT NEVER QUIT

SAVING

 They say you cannot do anything great if you are not able to save money . This is true , because most likely than not , we acquire money in small amounts , in order to do something big , you need a lump sum and you can only get that lump some by putting money away . This is where savings come through.

If you save a certain amount , you will eventually do something big . But should you focus your energy more on saving ? I believe savings should not be felt , It should not be a burden on you to save . As in you should not be eating bad food in the name of saving . You should not live like it’s a punishment because of saving . I strongly believe saving should be done after you have taken care of your basic needs . That’s why I encourage that you only save 10% of your net income per month . Do not save 50% or 60% of your income , this will make saving a burden and each time you will be reminded by your bills that you are saving . So you will break your savings , making you inconsistent with your goals . REASON is you have put unrealistic saving percentages . 10% will not be felt.

 Remember saving is forever so 10% is a lot . Think of it like this ( If you get 10000 per month and you save 10% which is 1000 ) you need to bank 12000 with the bank in order for them to give you Ksh. 1000 per month at 10% annual interest . So do you see the power of saving ? 10,000 = 12000 in the bank !!! Remember that saving is a discipline , it is not a money earning strategy but a money keeping strategy . Once you have money in the Bank , If you don’t like what your Boss is wearing that day , you can just quit work . Even just a 30 pin guys in the bank , will make you invisible , you can buy a BMW from a desperate person who is in a fix for Ksh. 25000 . Savings give you unreasonable power over people .

Start with saving at least 10% today – need help with a savings plan? Reach us at Withshimami Advisory.

INVESTING

 Investing is putting money into something hoping for a return in interest. I believe this is a last point to the journey of someone’s financial independence. Once you have established a business and have a good amount in your savings you can look for financial instruments that you are familiar with at that stage . Stable financial instruments that’s it , things that appreciate in value like land , real estates , stocks for some companies etc . 

When you are a fully seasoned business man, you will understand what to invest in because experience will give you Spiderman’s senses to what is fake investments and what is real . Remember investing is not for one week or two months , Investing is long term . For you to maximize you need to be invested into something for a long time that’s why I say long term .

 BUSINESS

 Business is a very important vehicle to drive you to financial freedom . Employment is limited in the sense that you are given a standard function to perform , your salary is fixed and their isn’t too much room for experimentation and creativity . In Business you are your own boss and you can do foolish things if you like , Like I have an idea , I try it . If I did that in a company I would be fired but its my business , am thee boss . 

 Business will reward you for your creativity and ability to meet people’s needs proportionately. This will drive you to financial freedom quicker than work can . Because at work you are given a set of routine tasks to perform on a daily basis. No matter your creativity you will not get a big piece of the pie you brought the company . So in the end business is an expression of self , the money is just appreciation for your usefulness .

Book a free consultation with Withshimami to structure your financial journey

FINAL THOUGHT

So, what should you do first? Work → Save → Invest → Build a Business.
Each stage has its purpose, and skipping one often makes the journey harder.

Financial freedom isn’t luck. It’s discipline, patience, and timing.