She’s learned a lot of practical wisdom from her business partner and mother, Jessica Nyarayi Tandy.
Jessica takes the practical approach to empowering Lerai by walking through the steps of planning and learning together. She opted to do this again when Lerai needed to plot a budget and financial goals, and each step needed to meet that goal. Together they share a few insights from their experience.
“I used to think that I had a lot of money to spend in the bank account, but then when I looked at what all the expenses were, I was like… I’m actually broke because of life’s expenses. But what then helped me, was planning financially,” shares the young entrepreneur.
A money plan serves as a detailed map that shows you exactly where to spend your money, where to save and for how long.