Martha Karua on Financial Literacy: "I Wasn't Taught"

In this week’s episode, we sit down with Martha Wangari Karua, a seasoned Kenyan politician, lawyer, and former Minister for Justice. She opens up about the financial lessons she learned through observation, as she was never formally taught about money growing up. Martha shares the exact amount of her first salary, her financial journey before and after private practice, and what it was like managing money as an elected MP and Minister. She also reflects on the values she picked up from her parents surrounding money and what continues to drive her leadership. Does she have financial pressures? What are her favorite money memories? This episode is packed with insights and stories you haven’t heard before! Chapters 0:00 Intro 1:22 Sponsor intro 3:30 Guest Intro 4:08 Best Valentines gift you've ever received or given 7:21 What lessons did you take from your parents about money? 13:40 First paycheck from the judiciary after tax (amount) 18:51 Your thoughts on prenups 21:19 How much did it cost to run for MP back then? 23:06 How much does it cost now to run for parliamentary, gubernatorial and presidential seats in Kenya? 27:10 Do you remember your first salary as an MP? 33:55 Was there anything you were acquiring with the money you were getting while in government? 36:35 Life after resignation 40:00 Have you ever felt financial pressures? 53:35 Wrap-up Love & Money Festival Details: 📅 March 29, 2025 📍 Venue: Jain Bhavan Centre ⏰ Showtimes: 1PM & 7PM (Come for one or both) 🎟 Tickets available soon Follow us on: 📷Instagram: / financially_inc 🦜X: https://x.com/FinanciallyInc 💃🏽 Tiktok: / financially_inc 👉🏽 FB: https://shorturl.at/7Y9Qj