How to Stop Being Broke in Your 20s | Masterclass with Elvis Gitau & Stashia Wanja

Why do so many young people stay broke — even when they have income coming in? In this masterclass, Elvis Gitau and Stashia Wanja break down the habits that keep you stuck in financial struggles and share practical steps to build financial freedom in your 20s and beyond.

What you’ll learn in this session:

Why budgeting KSh 20,000 properly can change your financial life

1. How to track expenses and cut daily “money leaks”
2. Why debt repayment should come before saving
3. How to invest in skills that multiply income
4. Setting financial boundaries with friends & family
5. Managing inconsistent income like a business
6. Breaking free from impulse spending & lifestyle chasing
7. Building a long-term financial strategy step by step

This is not your typical “save more, spend less” lecture — it’s a real, raw conversation backed by personal experience.

Timestamps:
00:00 – Introduction by Stashia Wanja
07:13 – Habits that keep you broke
19:05 – Managing KSh 20,000 per month
28:45 – Peer pressure & financial boundaries
40:06 – Saving vs debt repayment
45:01 – Why skills are better savings
58:27 – Daily financial leaks explained
1:11:09 – Managing inconsistent income
1:15:17 – Think like a business, not just an individual
1:20:03 – Breaking poor money habits
1:30:42 – Strategic financial plan
1:33:39 – Dealing with draining relationships
1:38:17 – Income expansion vs expense cutting
1:40:33 – Monetizing your skills & building visibility

Don’t just survive your 20s. Learn how to manage money smartly, grow income, and build stability without falling for risky shortcuts.