How Do Students Tackle "Broke-ness" on Campus?

"Broke-ness" is a term that resonates deeply with many campus students, who often find themselves juggling house rents, food, and a social life on a tight budget. Recently, I asked a friend how much money she needed in her M-Pesa account to declare herself broke. Her answer was both amusing and revealing, highlighting the unique financial pressures students face.

For many campus students, the reality of daily expenses can be overwhelming. With rent to pay, meals to buy, and the occasional weekend outing, it's easy to see how financial strain can lead to a feeling of being broke. The definition of "broke" varies widely among students—some might feel broke with ten thousand shillings, while others might consider themselves broke if they dip below a hundred bob.

This disparity reflects not only different financial habits but also varying backgrounds and circumstances. For some, being broke is a choice; they prioritize partying and traveling over saving. But for others, despite their best efforts, the struggle to make ends meet is dictated by uncontrollable circumstances. This latter group often finds themselves in a cycle of financial insecurity, grappling with the reality of "kuinama"—a term that captures the struggle of stretching every shilling.

The mental toll of being broke can be significant. In today's economic climate, where financial stability is crucial, the pressure to survive can lead to feelings of anxiety and depression. For many students, the burden of financial strain can detract from their studies, making it challenging to focus on lessons and academic success.

So, is there a way to prevent being broke? Yes, there is. Learning to manage money effectively is essential. Creating a monthly or even daily budget can help students stay on top of their finances and make informed spending choices. By taking control of their financial situation, students can alleviate some of the stress associated with broke-ness and focus more on their academic and personal growth.

In the end, navigating campus life is as much about financial literacy as it is about academics. Understanding how to manage money can make a significant difference, turning the struggle of being broke into a journey of financial empowerment.