How to Make Money fast in Kenya 

In this post we will discuss the best ways of growing wealth in Kenya. The guide is for individuals, families and businesses interested to make money fast for financial freedom.  

Growing your wealth is a key goal for many people both young or old. It may be to pursue financial freedom, early retirement, or simply have a comfortable lifestyle. There are several ways to grow wealth, but in this post, we will focus on the most effective, popular and also reliable methods. 

They are;  

Saving and budgeting  

Without a strong savings plan and a budget, it can be difficult to achieve your financial goals. Budgeting and saving some portion (at least 10%) of your current income are the foundation of wealth-building. 

Budgeting will help you create a financial plan or budget that outlines your income and expenses. If your balance is a deficit, you have to identify some areas where you can cut expenses such as dining out and redirect that money into your debt management plan. Once you are debt free, the same should be channeled into savings account with a Sacco, a money market fund or fixed deposit account, etc. 

Once you have a budget in place, it’s important to stick to it. This means avoiding impulse purchases and staying away from expensive credit card debt to avoid being overwhelmed with huge debts. 

Once you have saved enough funds into your emergency funds account, it’s now to time to invest money in methods that create more money. In this post we consider putting money in a stock market, starting a business or real estate.  

Invest in the stock market 

 One of the most popular ways to grow wealth is by investing in the stock market. The Nairobi Stock Exchange (NSE) is a platform where companies can sell shares of their business to the public. When you buy shares of a company, you become a partial owner of that company, and as the company grows, so does the value of your shares. Historically, the stock market has provided returns of around 8-10% per year, which is significantly higher than the rate of inflation. 

To invest in the stock market, you can either choose to do it yourself or work with a reputable financial advisor. If you decide to do it yourself, you will need to open a brokerage account and then research and select the companies that you want to invest in. There are many resources available online to help you with this process, including stock market news websites, financial forums, and online tutorials. 

On the other hand, working with a financial advisor can help you create a personalized investment plan that takes into account your goals, risk tolerance, and time horizon. They will also be able to provide you with professional advice and help you navigate the complexities of the stock market.  

Apart from buying stock, the other reliable investments of this nature are; 

  • Invest in money market fund 
  • Buy Government bonds and treasury bills  

Starting a business 

One of the surest ways to grow your wealth in Kenya is entrepreneurship or starting your business. Owning a business can provide you with a steady stream of income and the potential for significant returns. Starting a business requires a significant investment of time and money, but it can also lead to financial freedom and independence. 

As an entrepreneur or investor, you will need to; 

  • Research and select a viable business idea  
  • Create a business plan 
  • Secure funding 
  • Launch and grow the business.  

There are many resources available in Kenya to help investor with this process, including business incubators, accelerators, and mentorship programs. 

Once your business is up and running, it’s important to continually focus on growth and innovation. This will ensure that your business stays competitive and continues to generate income and wealth. 

Real estate investing  

Real estate is another popular way to grow wealth in Kenya. Real estate investing can provide you with a steady stream of income through rental income if you consider housing. The other potential for significant returns is through the appreciation of property values if you consider land buying for speculation. 

There are several ways to invest in real estate, including constructing and purchasing rental properties, flipping houses, and investing in real estate investment trusts (REITs). 

Purchasing and constructing rental properties is the most common in Kenya especially around town centers. It can provide you with a steady stream of monthly income as a land lord or land lady through rental income. Besides, it has the potential for significant returns through appreciation of property values. 

 Flipping houses involves buying a cheap property, making renovations, and then selling it for a profit. Investing in REITs allows you to invest in a portfolio of properties without the need for a significant amount of capital. 

Diversifying your investments  

Lastly, it’s essential to diversify your investments if you want to grow rich fast in Kenya. Diversification is the process of spreading your investments across different asset classes, industries, and geographies. 

This helps to minimize risk by ensuring that your portfolio is not overly dependent on any one particular investment. 

When it comes to diversifying your investments, it’s important to consider a mix of different asset classes, such as stocks, bonds, real estate, and cash. Additionally, you should also consider investing in different industries and geographies to further reduce risk. 

For example, you could invest in a mix of domestic and international stocks, and also invest in real estate in different regions. This way, if one particular market or asset class experiences a downturn, the rest of your portfolio will still be performing well. 


In conclusion, there are several ways to grow wealth in Kenya. The most effective methods include investing in the stock market, starting a business, real estate investing, saving and budgeting and diversifying your investments.  

By combining these methods and maintaining a long-term perspective, you can build a strong and diversified portfolio that will help you achieve your financial goals. Remember, it’s a process that takes time and patience, but with the right strategy and mindset, you can achieve your financial freedom. As a wise investor, Trailblazers advises you to consult a financial advisor for professional advice.  

2 Responses

  1. Esther Wanjiru says:

    This will help me in budgeting.

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