Mulamwah, a popular comedian, attributes his impressive money-saving skills to his desire to never be without anything. In a recent interview with SPM Buzz, he revealed that he keeps between Sh500K to Sh1 million on his phone, showcasing his financial stability.
During the interview, Mulamwah expressed his concerns about the controversial 15 percent withholding tax proposed in the finance bill, particularly regarding its vague definition of a content creator. He humorously illustrated the scenario of someone who owns cows, decides to record videos of them and upload them on YouTube, only to be taxed for their content.
Mulamwah has been proudly sharing updates on his ongoing house construction project in his hometown, showcasing his aspirations for a luxurious lifestyle. However, he humbly states, “Many people think I have a lot of money, but that’s not the case. I’m just a young man who knows how to plan ahead.”
He further explains, “I may not have a lot of money, as I am among the lowest-earning artists in Kenya. But because I know how to plan and manage my finances, I always have some cash on my phone or in my wallet. I refuse to be deprived of anything I want. If I decide to go to Mombasa tomorrow, I’ll go without any worries. If I want to buy something expensive, I won’t hesitate. That’s the kind of life I desire.”
Despite being labeled as frugal, Mulamwah defends his money spending habits, emphasizing the importance of saving and financial management for a secure future. He encourages others to adopt a similar mindset and embrace humility.
“People often assume we earn a lot of money from our online presence. But the reality is different. We may only post once a week, so where does the money come from? I used YouTube two years ago, but how did I earn money from it? It’s all about planning and making the most of what little we have. People may think we’re wealthy, but in reality, we’re not.”
In addition to his financial aspirations, Mulamwah mentions his single status and his decision to remain that way for the time being. He believes it’s important to focus on personal growth and financial stability before considering romantic relationships.
