Having just one account also puts all your eggs in one basket. If fraudsters get hold of your account details, they could wipe out everything you have
Having just one account also puts all your eggs in one basket. If fraudsters get hold of your account details, they could wipe out everything you have
Setting goals is one thing, sticking to them is another. Here are some strategies to help you stay on track:
Savings can help you handle unexpected expenses, achieve your dreams, and sleep better at night knowing you’re prepared for whatever life throws your way.
Now, let’s break down these 10 ways to boost your net worth in 2024. We’ll keep it as straightforward as explaining why jollof rice is the king of all rice dishes!
Remember, building wealth is a journey, not a sprint. It’s more like a cross-country trip from Lagos to Maiduguri, not a quick run to the corner shop for peak milk.
This guide will walk you through 10 practical tips to help you take control of your debt and pave the way for a brighter financial future.
Think of net worth as the financial ‘you’ in naira terms. It’s what you’d have left if you sold everything you own (your assets) and paid off all your debts (your liabilities).
Building multiple streams of income isn’t about becoming a millionaire overnight. It’s about creating a safety net, growing your wealth steadily, and giving yourself more choices in life.
Many of us are trying to make ends meet in these tough economic times. But here’s some good news: no matter how small your income, you can start investing today.
Knowledge is power, especially when it comes to money. Zuri didn’t become a finance whiz overnight – she learned, and so can you!
Whether you’re saving for your dream home in Lekki, planning for your children’s education, or just building a safety net, every Naira counts.
With this information, you’re better equipped to make smart borrowing decisions and keep your finances as balanced as a well-made egusi soup.
Balancing a side hustle with a job is like trying to juggle eggs – one wrong move and you’ve got a mess on your hands. But, it’s doable with some smart planning
It’s like the difference between your local buka and a big restaurant – both serve food, but in different ways and to different crowds.
If you’re serious about getting your finances in proper order and saving money, there are certain expenses we all need to cut from our lives completely.
Write down your income, expenses, debts, assets and net worth so you can properly analyze your situation. Holding yourself accountable will keep your money moves on track.
Treating a loan to a friend or family member as a business deal is the first way to ensure that the process doesn’t ruin a great, valuable relationship.
First and foremost, you should never feel obligated or pressured to lend money to anyone, even your closest friends and family members.
A good credit history can open doors to opportunities, such as lower interest rates on loans, higher credit limits, and better housing options.
Start small if you need to, but start today. Open a dedicated savings account, automate your transfers, and watch your nest egg grow over time.