Bad finance habits are everywhere, people spend recklessly and save reluctantly. When it comes to financial literacy we should not leave it to chance. Damaging financial advice is even more rampant. While this might seem like an adult issue, it really is not. Like all habits, children and teenagers start cultivating financial habits from a…
Personal Finance
Personal finance, investment and money matters.
When Last did You take a look at Your Money Matters?
It’s Mid-July already! This is for sure a time to take a look at our money matters. At the beginning of the year, most of us had such noble plans for the year 2020. Some of those plans were to start afresh in a new decade, do the right things, and work towards exciting goals.…
60 Things I Have Learnt From Nimi Akinkugbe
The first time I came across Mrs Nimi Akinkugbe was in the newspapers. She had a regular column in a national newspaper about money matters. I reached out to her by sending her an email and asked if she would contribute to the blog. I was in the early days of Lagosmums and explained what…
12 Good And Effective Money Management Tips For Dads
Effective money management skills are are a must have for every dad!
Kobe Bryant and Estate Planning
I did not follow Kobe Bryant’s career during his lifetime. However, in the wake of his passing in a tragic helicopter accident along with his 13 year-old daughter Gianna, and 7 other passengers earlier this year; I have been struck by his legacy and have thus been anxiously waiting to hear about his estate plan…
How To Profitably Merge Your Worldly Goods
Whether you are in a serious relationship, are formally engaged, or married, money is an essential part of our everyday lives and is a topic that should be discussed regularly. It is also a major cause of stress in relationships; particularly marriage, where it takes on an even greater significance not just for the couple,…
Passive Income: A Pathway to Financial Independence
Recently there has been talks of “financial independence”. What does this mean to you? Most people live in the cycle of active income, which ties their time to their income; the salary you get from the work you do is as a direct result of your efforts at work. Active income can be earned only…
Financial Goals For 2020
Have you ever accomplished anything big with your money or are you waiting until you have enough? The hard truth is that there is rarely enough to accomplish a big goal right from the start; it takes time, consistency, discipline and focus. Don’t have too many financial goals or you may never achieve them. So, what…
Money Moves To Make Before 2020
As 2019 gradually comes to an end in barely two weeks, thereby ushering in the start of a new decade, do find some time to get some clarity around your personal finances. Of course, with the spending frenzy, all the parties and activities, it is easy to put aside such a mundane task till next…
The World is Going Cashless: How Ready are You?
The world is going cashless whether you are ready or not. All the signs are towards encouraging everyone to go cash-free. Increasingly, these initiatives will impact everyone. The Central Bank of Nigeria’s (CBN) cashless policy commenced on January 1, 2012 in a phased approach that featured Lagos as the pilot state. In a circular, dated September…