How these Kenyan entrepreneurs achieved financial freedom by their forties
Kenyan entrepreneurs Leonard and Emily Mcharo spent years living far below their means.
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Kenyan entrepreneurs Leonard and Emily Mcharo spent years living far below their means. There were no holidays, no weekend road trips, and no bikes for their children. While their peers were upgrading their lifestyles, the Mcharos’ home remained devoid of luxuries.
Their frugal lifestyle wasn’t born of necessity, but of intent. The couple had set themselves a clear goal: to achieve financial independence – a point where their basic living expenses could be covered entirely by passive income. Their target figure was 500,000 Kenyan shillings (around US$3,850 back in 2004) per month.
