Rina Karina: The Rise of a Kiambu Businesswoman to City Tycoonship.

Rina Karina-Hicks is a monetary researcher and general manager of Faida Investment Bank, as well as a finance consultant, theatre enthusiast, and runner who loves to run in the woods.
Because finance is her professional core and passion, she just created a YouTube channel called “MoneyWise with Rina Hicks” and wrote a book on the subject.
She has previously served on the boards of the Youth Enterprise Development Fund and Enablis East Africa, both of which promote entrepreneurship and are based in Canada.

She tells a tale about her journey and offers advice on how to build riches.

It makes no difference how much money you make as long as you handle it correctly over time. If you have a goal in mind, you will be more motivated to look for new ways to make money. Simply be consistent and prudent with your money. Even if you’re just 19, start saving as soon as you can, no matter how modest.

Don’t start putting money down for the future until you’re 40. You may become a multi-millionaire if you save KES 2,000 every month for 20 years and get 10% compounded interest.

You may start investing in the stock market with as little as KES 1,000. Saccos, money market funds, treasury notes, cash, and a variety of other choices are available to help you grow your money. You could even start growing hens to sell them.
Years of suffering preceded the publication of the book. ‘How am I going to educate others on how to make money if I’m not going on this journey myself?’ I was perplexed.
My mother urged me to write a book about money because I used to work for a financial magazine. I’d be referred to as her financial counsellor by her. The vast majority of wealth books are authored by millionaires, which did not instil much confidence in me.

It took me six years to complete. I struggled because I was also a mother. I didn’t say anything merely because I made it, and I didn’t write anything new. Some basics apply whether you generate KES 1 million or KES 2 billion.
I know someone who started a tour and travels firm with only KES 2,000 and has now grown to millions of shillings in value. My acquaintance has never earned more than KES 45,000 in salary, but thanks to real estate investments, she is now worth more than KES 100 million.

She started by buying land in instalments based on how much she could afford to put down each month.
When you’re that age, having such plans is amazing. The most important place to begin is to discuss what type of life they want to live outside of house and car purchases. Looking around and modelling our lives after the possessions or lifestyles of others is the most common error we make as youngsters. That is why so many individuals put up a show; they are trapped in debt-ridden lifestyles.

Allow yourself to define a “high-quality existence” beyond what you see in others in terms of financial status. What are your objectives for the new year? What kind of education do you want to provide your children? Don’t base your goals on what others have accomplished.
More information may be found at https://www.standardmedia.co.ke/business/work-life/article/2001286935/how-do-people-become-millionaires-from-a-sh45000-salary.