I Got a Job Offer Paying Ksh20k More in Net, But No Benefits, Should I Take It? 

Q.1 I earn about Ksh100K net. I have been offered another job that pays Ksh120k and with the way the economy is tough, I think it’s the right thing. Unfortunately the new job has no health insurance or retirement benefits. How do I decide which is the better option? Is the 20k enough for me to pay for these benefits and get some change?

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First off, moving to a new job could be a gateway to new opportunities. However, with the current job offering extra benefits that would otherwise have a financial implication on your salary, it's good to  be very strategic.

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1. Is the extra Ksh20,000 (Ksh240k per year) able to afford you a good health insurance cover, a good health cover is between Ksh5,000 to Ksh15,000 per month - and could be higher as the dependants increase. Also, health insurance is paid upfront.Thus if we  go on the lower side of Ksh5,000 for medical insurance, you are left with Ksh15,000 real extra income.
2. Retirement investment is very important for financial freedom that we all seek. If your new job is not offering that, you would have to have your own contribution to an individual pension plan or a long term interest  bearing asset class like stocks or a fixed income product. You will need to have financial discipline to maintain these payments on your own. To realise reasonable gains, let's allocate 10k contribution to a long term  asset class and this now leaves you with Ksh5,000 from the Ksh20,000 extra income. 

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Thus,the 20k might look great on paper but the benefits foregone from the first job are so vital in your financial planning journey. It is for you to decide whether an increase of Ksh5,000 (the remainder) is worth changing jobs. 

It would be paramount to look at other aspects of changing jobs like  career progression, work life balance ,new environment and other benefits if any from the new job for you to move. If it makes sense, then moving is advisable.