Nonsense Money Talks

  A financial plan does not apply for the rich alone, it isn’t an expensive thing to do. Everyone would benefit from a financial plan, regardless of their financial circumstances. People always think they do not have enough money because it is believed that it costs too much to have a financial plan. It is also vital to have your own financial plan. With a sound financial plan, you can save money, provide the things you really want and reach long-term goals, such as savings and retirement. Regardless of the money you have, you can make a solid financial plan that will set you up for future success. You should indeed draw up a financial plan for yourself. Not only would it not cost you nothing, but you will benefit from the long-term benefits and wouldn't have to loose money to a financial advisor. The financial plan for each person will look different. We all want financial independence and to build our wealth. It's a huge deal to start on the road to financial independence! Th...

Micheile Henderson on Unsplash My plan is to save a million naira saved over the next 12 months so that I can invest it according to the advice given by the millionaires in this Nairametrics article . As a Nigerian with not much coming in “yet” in cash, saving isn’t something we tend to be good at. This is because almost all the money we spend is gone even before we actually see it in our account. I don’t know if to blame our lifestyle or our economy for this but I am sure there is a problem somewhere. It has been shown and proven that even the smallest of savings done consistently over time can really add up to something significant over time. All it takes is the right steps to begin to see success in saving. It is always hard to start, but once I started applying some or all of these steps listed below I saw some ease and improvements in my saving journey.   Chronis Yan on Unsplash Having a Written Plan In order to have any success with saving money I will need to...

  As a Nigerian (Lazy) Youth and a fresh graduate with a computer science degree, the possibility of me meeting this goal (3 million naira) might be seen as a far stretch or an overambitious goal. What I feel is that with the right plan, timing, opportunity and a bit of luck (haha!!), I am sure that anyone can achieve this goal in even half a year. You might ask, why is this guy writing this article then? To keep myself accountable is the simple answer. I feel like writing this article would help me put my thoughts in order, help me be accountable to myself and to you (hoping you do decide to stay). Now lets start with a little bit of research, from the 200 million people Nigerians or  possibly more that exists today, the average amount that a Nigerian makes is about  300k per year  and the truth is there are more Nigerians earning less than 100k per year but this is just my estimate anyways. Knowing this and our goal of 3 million in a year that’s like 10x the averag...