COVID-19 Money Management

Article by Maureen Kasuku
Posted: April 22, 2020  

Coronavirus has disrupted our livelihoods in many ways and it’s hurting our pockets.  Almost everyone is now in survival mode during the COVID-19 crisis.  Here’s how you can stretch the money you have.


It’s very important to budget and note down how and why you spend your money. Here are some great apps to help you do that:


A presidential decree last month saw a reduction on loan and mortgage interest rates. This is the best time to reduce your debt. Just get some of that crippling debt out of the way if you have a little change to spare.


Lots of people feel the need to stock up right now. But few of us have the cash to clear out the supermarket. Here’s how to stretch those coins when it comes to shopping. 

  • Center your shopping list on affordable, long-life food that won’t spoil in case of power outages and can last for months. Purchase rice, pasta, and dry beans. Stock up on ultra heated or powdered milk.  Look for fresh foods that freeze well like onions and carrots. Time to fight the urge to indulge in luxury foods.
  • Medication: Consider picking up just a few things you’d need during a pandemic: Paracetomal works well with fever. Be sure to stock up on that. Get some stomach flu pills too.
  • Shop in your house: You might be surprised at how much you already have in your house to keep you comfortable in quarantine. Raid your pantry, check all cupboards. Utilize everything! Reduce waste.

 Spending and Expenses

If you haven’t been keeping tabs on your budget, now’s a good time to look for any waste and opportunities to save money.

  • Holed up at home?  Do you have both internet and cable TV? Consider cutting off pay-to-view TV and opt for better streaming services so you have plenty of entertainment options without straining your budget.
  • Look for monthly bills you could reduce—subscriptions and other non-essential services. 
  • Stop ordering in unless it’s absolutely necessary.


If you have a reprieve on certain expenses (like spending less on fuel and matatu fare because you’re working from home), tuck that money away into your emergency fund. Save every coin that’s left over after spending on essentials.


About the author

Maureen Kasuku

Maureen is our resident cat lady and Beyoncé stan. She writes about spas, brunch and ballet recitals but has never been to any. Moonlights as a social justice activist in her spare time. She knows things and is obnoxiously opinionated on the internet but not in real life


Similar articles recommended for you


Subscribe to our newsletter

  • Events
  • Movies
  • KenyaBuzz Kids
  • Whatsapp/Telegram

    Be the first to know the latest buzz. We’ll send you the hottest trends in one bite-size message Daily