For our article this month, we will consider the question of whether to treat financial security as a state of being or a feeling. In other words, is it something you become by achieving a certain level of accomplishment? OR is it something you can trick your mind to feel, whether you have the achievement …
Is Financial Security a State of Being or a Feeling? Read More »
In this article, we are going to examine why the “live within your means” mantra is now outdated advice that should be tossed in the trash can.
Budgeting is an aspect of Personal Finance that literally makes people shiver in fear? This is because it forces people to face the reality of their finances, and only the courageous can do that. Hence, people usually neglect it altogether. For this reason, I will not go into the “boring” intricacies and technicalities of budgeting …
I have discovered that most of the challenges people face stem from a lack of control of their finances. Apparently, many people have a distorted view of savings as well as the place and the value of money. While some overestimate money, others underestimate money such that they do not give thought to how much …
DO YOU KNOW WHAT IT MEANS TO BE DEBT FREE? Let me give you 3 scenarios: ★1. Mrs. John is a 58-year-old wife and mother of 5 children at different stages of Education; and a Level 16 Civil Servant who works at the State Secretariat. She earns N120,000 monthly. However, it has become normal for …
The only way you can master the game of money and graduate from being an amateur into a professional is by increasing your Financial Intelligence and mastering the game called money.
Find it out from the book, “HOW TO SAVE LIKE A PRO: 30 Radical Money Saving Hacks That Can Help You Hit Your Financial Goals” by Obot Essiet Jr., the Financial Intelligence (FINTEL) Coach.
Good Debt is the type that allows you to accumulate assets that will increase in value either by capital gains it by generating CashFlow. You can use the income derived from the asset to repay the debt.
From our discussions on Inflation so far, you can see that it is difficult to classify Inflation as either good or bad. When it is bad for some people, it is good for others. There are various monetary policies that Governments and Central Banks around the world formulate and enforce in a bit to control …
Inflation and your Money: How to Stay Ahead of Inflation Read More »
I know you might be wondering what on earth could cause the FINTEL Coach to proud of being in debt. ? Debt is one financial term that gives many people breathing issues and heart attack. It is a painful reminder of the consequences of our poor financial decisions; our inability to utilize and maximize the resources …
