2012 – See You at the Next Level

As we bid 2011 a final goodbye, we need to take a look back at the passing year with a grateful heart to God for keeping us throughout the year, and learning the lessons from things we did wrong and things we got right. The year 2011 was a mixed bag for many. Recession staged [...]

The Trap of Short Term Thinking

It is very easy to act without thinking of the consequences of our actions. The key reason is because most consequences do not show up immediately. If you overeat, you do not become obese overnight. If you spend everything you earn, you will not go bankrupt in one month. If you cheat and do not [...]

Merry Christmas! Joy to the World

This is wishing you a very Merry Christmas and a fulfilling 2012. Christmas is a season of goodwill. A season when foes bury the hatchet, often temporarily but hopefully, permanently. I remember a Christmas story I read about the 1st World War. German and English soldiers faced each other across trenches, pelting each other with [...]

Subsidizing Pride, Ignorance and Irresponsibility

In Africa, we are our brother’s keeper literally. In the absence of a social security or benefit system from the government, we help each other out financially, and in some instances take in stranded friends and relatives. It is estimated that an average worker in Nigeria today has about 6 dependants. As unemployment bites harder, [...]

How to Build A Solid Financial Foundation

Building (or rebuilding) your finances is a lot like building a house. You need to have a plan. You need to build according to your plan. This may sound like common sense but you will be amazed how easy we get carried away when money enters our hands. Many people have no plan, while a [...]

Setting Realistic Goals

When it comes to achieving our goals or completing projects, more often than not, we miss the mark when it comes to cost and schedule. It ends up taking longer time and costing more money. We tend to underestimate the length of time it will actually take to accomplish a task or the amount of [...]

Why Not Hire Yourself?

Our school system is configured to produce employees. Majority of graduates from Universities and Colleges are out looking for vanishing jobs. As the economies of the ‘developed’ nations contract leading to a global economic recession, unemployment numbers are going sky high, triggering alarm bells across the globe. A growing army of unemployed youth is an [...]

Guiding Your Children to Financial Freedom

By Ayo Olesin Now that the children are on holidays, is perhaps a good time to consider the introduction of some personal finance principles to younger members of the family. The challenge for parents these days is that children are being invariably raised in an increasingly consumerist world, with a focus more on eating the [...]

How to Stick to Your Budget

Sticking to your budget is a no win battle for many. There are tons of advice online and offline about how to make a budget and stick to it. There is nothing wrong with the advice, things you need to do or formulas you need to follow. Making a New Year Resolution is not the [...]

Upgrade Your Mindset

You need to upgrade your mindset if you want to get better results. Your current mindset has brought the results you are experiencing today. If you notice that you are not growing financially and in other areas, it means you have reached the plateau. Your current mindset has brought you to its final bus stop. [...]

Invest in Yourself II

When it comes to investing, the first thing that comes to most people’s mind is what to invest in, what to do with their money. The best way to know what to do with your money is to first invest in yourself. Investing in yourself does not sound romantic. Most people do not see the [...]