Stop Living Within Your Means
In this article, we are going to examine why the “live within your means” mantra is now outdated advice that should be tossed in the trash can.
income
Creating a Budget Masterplan for 2021
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 …
Investing vs. Gambling: What is the Difference?
If you are like many people eager to multiply their money, you have probably at some point been confused about the concepts of gambling and investing your money. I have been there too. Some years ago when I was living in the hostel at University of Uyo, I can remember vividly how some of my …
Don’t Eat the Apple Seeds, Invest Them!
Have you ever imagined what would happen if the seeds of all fruits were meant to be consumed alongside the fruits? Of course, many fruits would’ve been extinct by now. The same thing applies to your income. The direct income you earn from your labour is called Active Income and can be compared to Apple …
What Do You Do With Your Income?
The Problem is NOT the Lack of Money but Lack of Understanding about what to do with the “little” that you have… At times, people are quick to complain about lack of money and yet go about spending on things they cannot account for… On the other hand, people make so much money at the …
Financial Literacy precedes Financial Freedom
Your Financial Freedom is not as dependent on your level of income as it is on your level of financial intelligence about how to maximize and multiply your income. If only you could educate yourself about money, how it works and how to make it work for you; believe me you can make a mountain …