A few weeks back, I was sitting beside an old friend as she scrolled through Facebook and we came across a pair of diamond earrings, it looked so stunning that you could say it costs a lot even without finding out the price tag. She(my friend ) said, “I wish I was rich enough to buy these”.
Her comment got me wondering, ‘what exactly does it mean to be rich’?
According to Merriam Webster dictionary, becoming rich is ‘having ample possessions and particularly material wealth’.
In his book, ‘Rich Dad, Poor Dad’, Robert Kiyosaki says being Rich is being an…
Managing personal finances is a struggle for many people especially young people in Africa who have just started earning . Impulsively young people would want to meet their immediate wants first without looking out for their future self. Now there is absolutely nothing wrong in flexing your self once in a while. It makes no sense to work so hard without being able to enjoy your hard earned money but you also need to consider the opportunity cost of spending all your money in the heat of the moment.
Back in the days, while in primary school, we were exposed…
NEW YEAR, NEW ME?
The New Year is filled with a lot of expectations that gives a feeling of a fresh start. Setting a new year resolution is a norm with quite a number of persons as everyone seems to want to get it right or do it better this time.
2020 came with a lot to deal with for individuals and businesses alike and deep down we all know that saying ‘new year new me’ is not going to make magic and have all the challenges from the last year disappear in split seconds.
The only way to get…
Ever heard of the Parkinson’s law? It states that expenses would always rise to meet income. Sometimes getting a raise at your current job or landing a better paying job or even getting that 13th month salary, comes with a tricky side to it. On one hand, you have more money in your pocket and on the other hand, your expenses seem to have doubled over night.
You would most likely find yourself asking “where did all the extra money go?” …
Ever get thoughts like “can I save N1000 and still have N1000 balance at the end of the month with the conventional banking system especially in Nigeria?”
I mean, a savings plan with no stamp duties, maintenance fees or SMS charges? Sounds good right?
Well, let’s just say you will never have to worry about deductions on your savings ever again.
