‘You’ve got to find what you love,’ Steve Jobs

When I read this, I could not pass it up. A pretty poignant story of a man’s pursuit of his dream, coming from a disadvantaged background. The rest is history This is the text of the Commencement address by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, delivered on June 12, 2005. [...]

Investment Options as Interest and Money Market Rates Fall

The hurricane of global financial crisis that buffeted world economies seems to have finally made landfall in Nigeria. The credit squeeze ushered in by the August 2009 CBN driven banking reforms seems to be near total, with banks virtually ceasing to lend, and money market rates in free fall. Interest on fixed deposits and commercial [...]

Tips on Living Below Your Means

I saw this on the net – Getting Rich Slowly, and decided to post it here. I always doff my hat for anyone I meet that beats me in frugality, and try to learn a thing or two. A whole lot of our monthly expenses are unnecessary, if you are trying hard to save for [...]

Forbes 2010 Rich List – The World’s Billionaires

The Forbes 2010 Rich List is out, the current list of the world’s billionaires. Bill Gates is once again upstaged as the world’s riches man this time by Mexican telecoms tycoon Carlos Slim with a total net worth of $53.5 Billion, knocking Microsoft founder Bill Gates into second spot at $53.0 Billion, quite a slim [...]

Making Money Online As a Blogger – Follow Your Passion

To be a successful blogger, you have to follow your passion and stick to your area of expertise, otherwise you will burn out pretty soon. Blogging is not a 100 meters dash. You need to stick with it through thick and thin, focusing on your mission rather than the rewards. That is easier said than [...]

Spending to Impress 2: My Child’s School is More Expensive Than Yours

Wherever two or more Nigerian parents of school age children are gathered, the conversation eventually drifts to the issue of escalating school fees. The lamentation is often prefaced by “My children attend …”. The school you children attend is an indication of your class and financial firepower. The more expensive, the better. The most important [...]

Spending to Impress 1 – My Mercedes is Bigger Than Yours

In today’s Nigeria, I think “My Range Rover is Bigger Than Yours” is more apt. I had fun coming up with the topic for this post. Apart from “Decision Quality” which I will take in another series, I thought of funny themes like “My Generator is Bigger Than Yours”, “My Neighborhood is Fancier Than Yours”, [...]

Internet Business in Nigeria: Blog Your Way to Wealth!

An article I read on blogging your way to wealth may have been a factor in my decision to convert my website to a blog, the main reason being blogs are much easier to run, compared to static websites. I took the wealth bit with a pinch of salt, as I have been actively doing [...]

Invest in Your Personal Financial Acumen

Before you consider making more money, you have to first of all be a good steward of your current cash inflow. Apart from having an efficient system of personal financial management that leaves you richer each month rather than poorer, you also need to become your banker of first resort. By maintaining a healthy cash [...]

Acquire Assets and Let Your Assets Pay For Your Liabilities

In your quest for financial freedom, no matter your station in life, you have to learn to acquire assets, and let your assets pay for your liabilities. In other words, your assets should bring in more cash than you spend on liabilities. To be able to practice this, you need to know the definition of [...]