The world of personal finance
In the world of investment, compounding is a great tool. Simply put, compound interest is your interest earning interest. For instance, if you keep investing an amount of money periodically, maybe in mutual funds, this money, the principal, earns interest.
Following recent developments in the Nigerian Money Market, treasury bills rates have significantly dropped and seems like more investment product rates are following suit. Now, you may begin to wonder if it is worth investing your money at this period.
I’m super sure you want a better finance position than Year 2019. The rave for Year 2020 should not be an empty one. Make it really worthwhile by having a productive plus year, even in your finances.👌👌 To have a
I was talking with a colleague recently who was looking downcast. I asked him what the problem was, he replied by saying “I just need money; someone should give me billions of naira.” Being the analytic person I am, I
Dear reader😊, I write this letter to you, first, to congratulate you🤩🤩 for making it to the last month of Year 2019. Secondly, I write to advise and remind you of financial literacy consciousness this period.👂👂 This December marks a
Do we say that you shouldn’t satisfy your fashion cravings just because you are trying to keep your finances in order? A big NO. Why choose between keeping your finances in order and satisfying your cravings when you can do
I’m a lover of shoes and I love to have them in their gorgeous types (and definitely they come in their prices). Recently, I looked at my stack of shoes and did a rough calculation of how much I’ve spent
For a while here, we have been discussing investments. While investments are good, savings are also important. It is not wise to invest long term while you are cash strapped short-term. Savings refers to money set aside for future use
For some, investment is perceived as a risky activity which requires a lot of expertise and it is only for the rich. While good financial advisory is very important in investment, investment is still very much simpler than most people
In the last two episodes of this series, I’ve discussed different investment options in Nigeria, ranging from treasury bills to fixed deposits to mutual funds to investment deposits etc., most of which are short term. Today, I’ll be sharing other