Category: Financial Independence
-
Seeking financial independence early in your career
By Blake Smith It was a gloomy, rainy day at a midwestern college. Looking out the window there was no one around and not much to do. I had about $8.67 of assets to my name with a pile of laundry to do and an electric bill to pay. I was sitting at my computer…
-
#Moneymistakes: Not paying attention where your money is going
Your money is going somewhere whether you are paying attention or not. You better be paying attention where your money is going if you want to achieve your financial goal or desires.
-
How to identify & avoid financial bubbles
One of Webster’s online dictionary definitions of a bubble is ‘a thin film of liquid inflated with air or gas’. You see a solid and attractive round object, you reach for it, and by the time you get your hands around it, the bubble bursts. There is nothing inside, a hollow filled with air. You…
-
Your economy can make a difference
It seems natural to think that one man cannot make a difference. You may feel insignificant compared to the national population of about 180 million. Everyone seems to be complaining about the state of the economy and the high naira-to-dollar exchange rate but we hardly stop to think about our contribution to the overall state…
-
Between prudence and abundance mentality
It does not matter who you are – a star athlete, celebrity, corporate cowboy, middle or lower class, you need to first be prudent so that you don’t squander your seed but invest it.
-
7 Ladders to Financial Independence
By Maku Seun What is the secret to achieving financial independence? How can you make sure you have a solid nest egg when you retire if you are like me and you want to be financially independent before you turn 30, how can you make that dream come true? You are reading this right now…
-
Is your peace of mind worth more than material things?
One thing I have come to realize through experience is that knowing what you really want makes decision making much easier. We make decisions all day long. Some of the decisions are related to finances. The current state of your finances is a reflection of financial decisions you made in the past. Your financial situation…
-
What is your exit strategy?
Change is the only constant thing in life. Everything that has a beginning has an end. You need an entry and exit strategy. If you don’t have control over how you enter and exit an investment, you will lose money to those who do. It is a common mistake amateurs make when it comes to…
-
Are you ready for the new marketplace?
Technology is driving change in the marketplace at an increasing speed. A lot of things you see today, you will see no more. They are already history. This may include your job or business. I feel concerned about the fact that most people seem to go about business as usual. They don’t foresee danger until…
-
Think outside the box
The phrase ‘think outside the box’ has become popular in the past couple of decades. Many have taken it a step further by advising you ‘live outside the box’. In essence, don’t go back to the box anymore.