Don’t buy a car, build a house, buy land or invest in anything if these things are not clear to you

If you are about to invest in anything , have you asked yourself those tough questions? This video will change the way you view investments
#LNN #LNSRebuilding
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[@LynnNgugi]

Good morning team LNN What is your take home from today's conversation with Waithaka Gatumia? Kindly visit their website Centonomy.com for any further inquiries To Support our work; Mpesa [phone] To contact our incredible partners; Kings Developers: [phone] or [e-mail] and their website at www.kingsdevelopers.com Maridady Motors: [phone] or [phone] and their website at www.maridadymotors.com You can always share your story via [e-mail] Thank you for watching❤❤

[@gkibe79]

Lynn, thank you for all you do. I really appreciate such great minds. I am in diaspora and follow you sana. I will start by saying, my kids start working while in high school. I refuse to give them cash, I encourage them and trust me, by the time that child goes to college, they have saved up so much.

[@periskabura1591]

Growth only happens in discomfort 🙌 When you are uncomfortable it causes you to solve problems.

[@peshfra6026]

Africa would be the most innovative place if that were true...

[@bongatv]

​@@peshfra6026😅😅😅

[@THEEJAMAICANPATRIOT876]

I love when i'm relaxed and watching smart Africans. A smart African made me stumble on this channel and a smart African who made me subscribe to this channel. This made me feel proud to be of African origin. Asante sana Lynn kazi nzuri.

[@jimmybarush222]

This man is hoozing wisdom. I can listen to him over and over all day. I have built houses, I have bought lands but I am yet to buy a car. I'm in my early 40s now, and I'm doing all these coz I don't want my kids to go through what I went and build a wealth for them.

[@brayanwafula6964]

Good for you. For us we prioritise other things like building rentals, buying a car before building a house which is a liability. Whatever works.

[@millenniavisaspecialistskenya]

You've bought lands, not land, built houses, not house but couldn't spare even 400k to buy a secondhand car to help you move around with convenience?

[@elizabethbekoe381]

Invest in good education as well for the children to be able to live a good independent lifes and look after their asses 🌹

[@MusicLyf4]

Its funny you think buying houses and land guarantees a future for your children. I have seen children inherit 200+ acres and run that to the ground

[@MikewaBotsAITrainedChatBot]

Hii ni uongo 😂😂

[@nyamburagitts6133]

This is an interview I will listen to once every month as a way of reminding me of my goals

[@HarrietOfosu-op3si]

❤

[@Rehobothreconciliation]

Thank u for putting up this reminder

[@gwomondi743]

Am sorry to say this but I wonder: why these wonderful brains can't be in our government to rescue our Nation? Lynn our nation is blessed with wise people like you and your guest! May God use you always to open people's minds. Say hi to that wise man 🥰🎉🎉🎉

[@stellanjeri5845]

This life no balance 😢

[@elizabethnjoki6397]

Hawawezi ruhusiwa na the greedy leaders we have currently

[@sonbirdgenerals6952]

These are theoretical knowledges. Most commonly found in Africa. Practicals will always rule.

[@bellaolum9768]

They are there, but they become sycophants

[@lindawangui7886]

​@@sonbirdgenerals6952wisdom is listening and picking bits and pieces to help you. Wholesale Criticism is just a negative self harm. Just listen.

[@kelvinyegon1229]

This is one of the best shows out here. No big talk, Just real talk. People pay a lot to get this type of wisdom. Thankyou LYNN and WAITHAKA

[@marychuwa8159]

Wow I am so gratefull kuwa hapa Lynn aksante kwa mgeni huyu My experience a bit kwa watoto wangu huwa nikiwapa hela kuna challenge nawapa kila wakienda shule @ mmoja nikimpa Tsh 500 kila mtu asave anachoweza then at the end of the week kila mtu atasema amesave kiasi gani natop some money kwahiyo the more you save the more I add hivyo wanashindana kusave. Sasa hivi nawaza kuwafunza kuinvest kulingana na wanachotaka kufanya God Help me

[@damariszuckschwert9489]

Safi sana

[@ayuma4747]

Learned😉

[@jane.n11]

"You can't shrink into greatness.. Solve the problem for the lifestyle that you want..."

[@mercyk2672]

Apart from Mpesa transactions, watch how much you spend when you use a debit or credit card as opposed to cash? When I pay using cash, I only spend what I have on hand. When I use a credit card, I end up buying much more than I had budgeted for.

[@HISPECSCOMPUTERSYSTEMS]

This is so true

[@dorismae5321]

How we cheat ourselves that we're in the digital era using our mobile wallets.I had stopped cashing money completely. It's high time I make an about turn

[@Favour3558]

Bitter truth 😢

[@mercyk2672]

@@dorismae5321 I agree. It's good to see the money you're spending right there rather than waiting for a statement at the end of the month

[@angelakarima-dl3ky]

Some of these lessons should be taught in high school. Equip the kids before they face the world. Love the show. Lynn you are AWESOME!!

[@dorismae5321]

With such awareness, we can start from our own homes

[@cikuciku4345]

"solve the problem of the lifestyle that you want" exactly, Sir.

[@justinaopit]

I am a beneficiary of centonomy and one thing you did Waithak is to change my mindset. I am forever grateful for this enlightment

[@Centonomy101]

Hi we celebrate you our alumni and ambassador.

[@beatricebolger9824]

Beautiful Lynne I can attest that Kenyan education system is high because we abroad are two years higher than the other countries. We can handle two jobs with academics and we thrive abroad. I am effective in five languages. The area that should be emphasized in Kenya is simplifying Science. We have the educational manpower. We are on the map. We just need to catch up. Love from Philadephia Pennsylvania.

[@Personalfinancity]

Good point but you managing 2 jobs is being in survival mode and to what end? You need to create assets to generate money for you with or without you physically working.

[@user-uy4qq5vd8j]

wow, I'm watching from UK and I'm learning a lot from this gentleman. Lyn thank you sincerely for this show. I' originally from Ghana.

[@grmbyn1]

I am watching from the US and im from Ethiopia. I learnt a lot from this and taking a note.

[@JoyceWaithera-js4sp]

I love the way Mr. Waithaka has clarified about saving and investment, budgeting and how personal financial books can change ones life.. It was such a great show ❤

[@florencemururi5154]

I see a Finance minister in this guest Lynn...such are the leaders we need.

[@Hussein_Wajeer]

It’s also okay to live in posh expensive house. Not everything has to be penny pinched lol. Live this little short life to the fullest while also paving the way for the next generation.

[@ruthn9381]

People end up investing and not even enjoying their money only to realize time is gone and have no energy to be adventurous. Time also matters. When you live longer, you start appreciating the time you spent enjoying your money😋

[@Hussein_Wajeer]

@@ruthn9381 exactly!

[@user-zz6wc4in4q]

He said it well, it all depends on your end goal, and for some people it's to enjoy life today and that's valid too. Enjoy life to the fullest, then retire with little to nothing. Someone else will choose to live below their means and live comfortably 10-20 years from now. These two people are right, it all depends on what you want.

[@MusicLyf4]

Exactly, live life

[@mercyk2672]

He's telling the truth when he advices people to invest in personal finance classes and buy books on personal finance. When I got my first professional job in America, I read several books on personal finance, watched hours of advice on personal finance and its really paid off. The lessons I learnt have put me ahead of people making double what I make. It was all worth it.

[@irenemukumu6721]

What are some of the books that you read?

[@brayanwafula6964]

Waiting for the answer too.

[@mercyk2672]

@@irenemukumu6721 Dave Ranseys books are the best if you're just starting out. Suze Orman also has very good books on personal finance. David Kiyosaki also gives great advice on investing. They're all old school but I haven't found any other authors that offer better advice. Dave Ransey also has a radio program thats very popular too.

[@mercyk2672]

@@brayanwafula6964 Dave Ranseys books are the best if you're just starting out. Suze Orman also has very good books on personal finance. David Kiyosaki also gives great advice on investing. They're all old school but I haven't found any other authors that offer better advice. Dave Ransey also has a radio program thats very popular too.

[@sharonhr.86]

​@irenemukumu6721 kindly read 1. "The psychology of money" 2. "Atomic habits" 3. "The magic of thinking big" you'll never be the same again.

[@janewambui8514]

Wow ❤ a wonderful conversation I see Rich dad poor dad and quadrant cashflow (Robert Kiyosaki) in this guy, this is all I read in the two books and totally we need this education from childhood. Congratulations to all of us watching this interview because life will no longer be the same❤

[@ednagoga1235]

I just finished reading Rich dad poor dad.that book is life changing

[@goodluckmachangu5941]

From my heart, Kenyans are very smart than we Tanzanians. You people are really blessed 💪👏👏👏👏

[@dwamburu1]

TZdians are smart too.

[@carolinekogi9352]

Not really, it's just because no one is giving them"great minds"a platform..late president Magufuli was great.

[@DianaAluoch]

​@@dwamburu1Exactly. They are. I've been traveling to TZ and have met several TZians and they are doing great 👍🏼

[@saysophyfarm1780]

You wicked speak of yourself, you aren't the state spokesperson, if you aren't smart, it's about you and your family, it's not the whole nation! I am sorry if I may sound rude!

[@GregorFallon]

I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.

[@TheGenzEnt]

That's over 20k a month bro you either have some unnecessary expenses such as impulse buying check on that. You need to write down a monthly budget of the things you really... really need besides the usual bills and cut off what you actually don't need and also keep in mind on how much you can save. Let's say for example your monthly budget is 3k and end up spending less and you got some change, have a good smile cz you spent less than what you had budgeted for but it doesn't mean the change you got you must spend it on something just because the budget was 3k

[@FanikishaAdvisory]

@GregorFallon you still have a lot to do congratulations 👏 you have reached the first bold move acknowledging that you need to change. It will involve a lot of sacrifice, discipline and dedication towards the goals you desire to achieve. Begin with a budget, vision board, skills you have that can give you an extra income. Start with monthly, bi-annually and annual goals but also remember there's a wellbeing circle ⭕ to help you achieve it. I would be glad to help you out as an investment banker and personal finance strategist.

[@annkariuki1108]

Wow...its not too late..

[@bettylaban9696]

I came across Dave Ramsey videos on KZbin about managing finances and kept reading people's comments in the chats and my life changed. The key thing is start budgeting, leave below your means, have an emergency kitty saved ( in case you are not working, 6 months living expenses, save it maybe in a moneymaker fund), etc. He calls them babysteps, I have started, I am not there yet only wishing j would have known this early

[@Mayellah19]

Follow Susan Wanjiku she's a financial coach and held such talks on how to manage your finances depending on your salary,how to invest and save.

[@DRventura333]

Also, along with setting goals, controlling money, saving money, becoming uncomfortable One should remove/separate from the friends, family or groups you are around IF those people keep you down or keep you from your Goal.

[@ruthdavid2331]

True.

[@gracesams4322]

"You cannot shrink into greatness"....

[@ruthngugi5841]

This is the best conversation i have listened to this year my people listen keenly n take notes make sure whatever you invest in it brings back something(money)

[@shikufm9690]

Another day to learn,team LNN thanks kwa kutuletea masomo bila malipo 😄😄. Earphone kwa sikio simu mfukoni kazi nachapa nikiskiza.

[@DRventura333]

Financial literacy is something that a multitude of individuals in many nations and cultures are lacking. Except for a few nations, Most only know how to Spend money instead of make money and keeping it in the family. Many businesses have failed or been sold off immediately after the parents pass away and those parents worked hard to create that legacy. Many individuals also have a business that makes money But they spend the profits like water on a daily basis to show off to other people, hence the business collapses. As well, JEALOUSY of others success' WILL Always keep the jealous one down and poor. If even anything comes to the jealous person's hands it will disappear as quickly.

[@mercyk2672]

Our parents really drilled saving for the future in us. We really took it to heart. We save more than spend

[@florenceriungu9292]

I am a beneficiary of centonomy and the lessons i learnt have transformed my life.

[@mercyk2672]

It's true you don't need a great education to become successful. My brother is almost a billionaire and he only has a high school education. My siblings and I have masters and PhD but it will take us years to catch up with him

[@Janice-sd7hl]

Very true mercy,my father thought I was not worthy for higher education as a girl, my senior bro got a degree ad funny enough he build him a2 bedroom house. Many years later I'm their ATM machine. In short what worked me was consistency ad working smart.

[@CarolineWamucii-gr3ym]

@1:11:54 CASH FLOW in retirement. May I manage my today!

[@jehovashalompracious3714]

Great Teacher thank you iv learnt alot❤❤❤

[@shiru4736]

One of the best guests to ever be hosted by LNN🙌🏻Such an incredible conversation Wow

[@distind-shown6732]

One of my best when it comes to money matters Waithaka Gatumia and the whole team Centonomy 101 salute

[@LynnNgugi]

Glad you are enjoying the episode 🙏

[@Centonomy101]

thank you for the affirmation

[@annndunge1995]

Waitheka never fails Thanks Lynn for choosing perfectly

[@wanjiru-usa1]

Very informative! Big Take Away “Pay Myself First.” Thanks Lynn for bringing us the guest

[@lydiamuthoni7166]

Smart, intelligent intelligent mr waithaka gatumia 👌

[@racheljoseph153]

If I knew this before, I will become a celebrity with lot of assets. However, I learned a lot to change my strategy and start from scratch. Thank you so much for sharing your knowledge Brother.

[@FarhanAbdi-eq2it]

We need many people like him in Africa and listening to him as motivation and education.

[@Janice-sd7hl]

Motivational ad informative, not educational.

[@sekhitlamakole]

Wow Lynn I can listen to Mr Gatumia everyday,he is thee Best teacher that I wish to be in his class how he explains flawlessly is amazing even the examples make perfect sense to me. I honestly enjoyed this episode ❤❤🔥👌👏🙏🏿🇿🇦

[@user-ey1mh9wp9t]

We are together here 🇿🇦

[@pumlambiza3922]

What a Masterclass 🎉🎉🎉 Thank you Lynn for these basic lessons that one needed to learn in their youth. But like they say it's never too late to learn.

[@KDvybezmiami]

💡Key points organizing myself for what I want :💡difference between Goals &Dreams : 💡shift mindset 💡Solve the problem for the Lifestyle you want 🚀

[@winnieshihuli6854]

Mr. Gatumia that conversation is an eye opening conversation. Thank you Lynn for this because I usually say why get married, why have children that you do not know even how you are going to raise them, how you will cater for their studies you literary do not even have plan for your own life. Where we are at we cannot afford to live life ati ya kubahatisa.

[@brayanwafula6964]

There will never be perfect time, like he said 'growth happens when in uncomfortable situations ' once you have the responsibilities, they will push you to earn more. Thank me later.

[@beverlyadika52]

This conversation is a lifeline. Knowledge is power!

[@candidajamesa5650]

Thank you so much for this. I love this so much. This made me change my perspective on how to attain my dreams. Finances is one area I am rebuilding

[@mercyk2672]

When it comes to owning a home, it depends on which country you live in. In America, rent is so high that you will be better off living in a house you own than renting. I sold my house after divorce and my rent is almost double what I was paying for mortgage. Now I have less money left over to save for retirement. Here if you own your house when you retire, you'll only need to worry about taxes. You get social security and most of us also have 401k so you'll be set

[@user-gw5iy8fj9i]

What is 401?

[@pendoscott3593]

Exactly and rent goes up every year. I’m happy paying mortgage

[@mercyk2672]

@@pendoscott3593 true, and if your water and sewer aren't included in the rent payment, they charge you a different amount monthly and it keeps going up too.

[@ichooseviolence2532]

Move away from the city na uende ushago ya America

[@mercyk2672]

@@ichooseviolence2532 this is where the jobs are. The ushagos here are also becoming expensive since everyone is moving there. Also, driving to my job would take me 1.5 hours if I moved. Hopefully I can buy another house soon

[@inspektasikujua]

I'll add 2 interesting things.1) Mobile money surged in Africa because our banking systems were so discriminative and non existent in some demographics , so the switch was very easy. 2) Have met 2 key payments processing business leaders owners in Australia- white . Both with vast African experiences/ backgrounds. Africa is a hotbed of leading thoughts and innovation. Anyone moving abroad, please move with an open mind, you can use your experiences out there to do things very differently. Not always the other way round

[@ericthongori1995]

He is a very Money Concious Man and he will live comfortably if he continues like that

[@sheilahendrich6995]

Hello Lynn , I love what you are doing talking loud about our country. ❤❤❤

[@faithwanjiku9194]

My take home from Waithaka Gatumia -If i know what i want i will make plans to get to it.

[@annewambui8095]

Let's be weary with the comment that Africa's population is growing. We should ask ourselves how can we keep the population growth on a positive? Is it possible with the growing number of africans who are choosing not to have children? The number of children per household is down from 5 to 2? Are we going to be like the rest of the world sooner than we think?

[@Petes0022]

It's how he looks at you with a smile on his face and admiration that I loved in this interview. He acknowledges your good work by all means. Thank you to both of you for this information, much wiser money matters. ❤❤❤❤

[@KevinOnchwatiOmbui]

I should leave an inheritance to my children's children's

[@betabeta6344]

This one hit hard...I have to enroll.well done lyn and the host🎉

[@hellenwambui4707]

Thanks Lynn I am an X and this a lesson I HV never had/heard,...the guest is a super teacher ...

[@madalitsokhomba453]

I am learning alot lynn thanks for bringing the guest

[@gracesams4322]

The guest is powerful in his expertise. His mind is open...

[@judithnkhoma6155]

Thank you Lynn and the guest you have no idea what you done to me with this conversation

[@indolilyindomitablelily7306]

Watching from Tbilisi, first thing in the morning. Thank you for bringing this man on the show, Lynn

[@loisehinga8873]

This was very knowledgeable and eye opener to our financial goals and investing, bring more educative people in your show Lynn,thanks for bringing coach Susan now Waithaka, you have helped alot of us to move out of our comfort zone and have a different mind set.

[@jacklinekhakasa4896]

Good information. Lakini mbona mko juu sana? Mko 10m na mimi hapa want to grow from my 20k.

[@marynjenga5653]

That's very true, I live in 🇺🇸 and mpesa is unheard off,informative.

[@geoffreyzawadi2630]

Enjoyed the very educative show from Kigali. Self discipline and financial literacy is key to financial freedom!

[@doreenokot3414]

Very educative info. Thank you Lynn and Gatumia

[@user-ub6ro2uw4p]

Thank you LNN for these message it got me the right time

[@ngunicyrus5498]

thank you linn for this conversation

[@jackiemwikali2823]

Wow. This is a masterclass. Very insightful. Thank you team Lynn and Mr Waithaka.

[@VictoriaUriyo]

Very informative finance conversation @lynn bring back this gentleman for more personal finance conversations.

[@lucynjuguna1228]

Love what you are doing lynn

[@GeorgeGakuhi]

You have changed my life l just love the conversation

[@joanm4873]

Waaaah Lovely lovely Hii ni ya kuskizwa tena na tena ukitenda

[@user-vi8kp3jo1d]

Thank you Lynn for bringing the Gentleman to speak

[@hellenlubang1635]

Thanks Lynn for this great topic keep going girl

[@dhiambiokuom2159]

They should struggle the way we struggled!!! Very common and very wrong! What does the Bible say? A good man leaves inheritance to his children and to his children's children!" As long as it's wealth you worked for (blessed wealth) and not stole....the Bible calls you blessed!

[@lunkhohaohangshing6330]

I think this is really for me thank you Lyn for this insightful talk show.

[@rogersmusau576]

Good show, it reminds me of work like a slave and after some time live like a King

[@annendindareber7558]

A very great conversation. It has done me good. Keep going our girl Lynn. Feel well appreciated 🎉🎉🎉❤❤

[@Lulu-po3kn]

Thank you so much. It's true, our loving parents really failed us when it comes to finances. I used to get Ksh 10/day for lunch and I would save my money to use for whatever little items I wanted for myself. I am teaching my children about saving/putting aside money, it might go in one ear and out the other but at some point they will remember.

[@esterimsindo6037]

Mind blowing talk. Capital return or income.. What do you want

[@joycemarigu1064]

I love this conversation it has really helped me thank you Lynn

[@Brizeryer]

The wall of Benin in Nigeria. Glad that he highlighted what Africa achieved way before colonization. The Pyramids among others. We also invented so many things which have been hidden from our history / media. Thank you for the vital conversation.

[@loannamave2100]

Really enjoyed this.Thank you for educating us.

[@jeannjiru9790]

Your guest talked about Africa innovations like the pyramids. I would like to add the aberisk of Ethiopia which for the longest time had been taken to somewhere in Europe.

[@SylviaIkaslon]

This is the best conversation l have watch and listen keenly l take notes to make sure whatever l invest in it brings back profits.

[@tshiruh5]

listening to this guy and Dave Ramsey during covid helped me get out of debt 😁

[@Centonomy101]

We celebrate you for taking action.

[@tshiruh5]

@@Centonomy101 I literally increased my income, managed my spending heavily by clearly defining my wants and needs, like you said, stopped buying jewelry and junk food🥹, took back my financed car and bought a cheaper one cash( I have the video on my channel) and invested in one property in Kenya. I wrote an email back then to y’all just to say thank you! 😊 . I wish more people could listen and take action.

[@tshiruh5]

@@Centonomy101 Thank you again! I literally increased my income, managed my spending strictly , and defined my wants and needs like you said. I stopped buying jewelry (that one interview with Caroline Mutuko when she said to only 2 -3 classic jewelry inspired me) and junk foods, took back my financed car and bought a cheaper one cash( I have it on my videos) and invested in a property in Kenya. I still can’t believe I did that. Was living paycheck to paycheck 😭. I wrote an email back then to thank you Mr Waithaka.

[@Centonomy101]

@@tshiruh5 we celebrate you. This is what we teach all that if you implement and take the actions you will attain your goals. We'll be glad to shoot this testimony video of yours to inspire others to take action.

[@madalitsokhomba453]

Buying shares in different companies,real estate,government bonds . A house you own and live in is not an asset. An asset is something you own and it generates cash either monthly

[@georgehosea139]

But you live in the house so it saves you rent money that you would have otherwise paid in rented place, and it appreciates in value every year. So I don't agree with you. 😅

[@NikkiG481]

🤯.... gosh, thank you Lynn. Mr Gatumia is smart....

[@hazlecorrine]

Wow, loved this conversation. It has really inspired me

[@Elixir.code_girl]

Lynn i love how you ask the questions. I feel like you are in our minds because its what we actually want to know.

[@hawohussein-du5um]

Brilliant mind discuss great things thank you lynn and the host i really love this conversation

[@namwingabanda9286]

Thank you Lynn. Watching from SouthAfrica. Keep up the good work. Mind blowing indeed. Thank you so much. God bless you

[@jacquedjib3930]

I've enjoyed the episode snd learned alot as well.. Thank you Lynn❤

[@lucynjuguna1228]

Wow love the conversation... Love the wisdom My take home simple but not easy... What do I want.. outcome

[@nishnish1144]

I'm literally drinking this conversation because it's nothing but the truth! Am in France and my goal is to come back to motherland and start a business ❤

[@AnastaciaTrizah]

Alot to learn alot alot....Lynn bring him back again

[@upclassconsulting953]

Wow great conversation Now I know I must set my outcome goals before investing

[@rosewanyoike3487]

Today I'm early, ready to learn and grow even before watching the whole episode.Thank you Lynn

[@LynnNgugi]

Welcome home Rose❤

[@kayikayi611]

I have learnt so much,its one interview I will always watch.

[@peterkebwaro4635]

It is true most of the time we don't have the outcome of our investment, I have added knowledge on finances, thanks for the conversation.

[@Spotifysongs71]

Thanks to today’s Guest. Knowledge is power.

[@user-vm3mr2jf3w]

No regrets for watching this,am educative