The lifestyle of yahoo boys is what drains them.
1. They spend lavishly.
2. Club and party weekly
3. Buy the most expensive cars, rent the most expensive flats.
4. Date high class ladies
5. Do expensive drugs. This is actually the worst. I know of a Gboy then in Yaba who hit 50M, rented a flat of 3M, bought a car of 20M. Guy went fully into drugs. Within 4 months he sold his car and went deeper into drugs. Didn't take 1 year before the whole 50M became nothing
The only yahoo boys that I know that are successful are those who do it coded and don't live that stupid lifestyle.

Just like me,I picked 5m by Feb,but August it remained just 500k.as I dey talknto u,I'm left with 100k. I feel broke.and client. O gree pay again.

In banky w voice

Maga no gree pay

Yahoo boys are never smart, what do you expect from them? they didn't work hard for the money

Nomerci:
Just like me,I picked 5m by Feb,but August it remained just 500k.as I dey talknto u,I'm left with 100k. I feel broke.and client. O gree pay again.

In banky w voice

Maga no gree pay

Run me 5k from that remaining 100k make i use am carry 2 sure odd

The question still remains , how would you Multiply 100M if you had it today ?

What business would you delve into ??

Practical ideas please, no motivational speakers !

ObalendeCMS:
As a former Y! Boy, I can relate.

So painful!

I feel it's nature's way of punishing you for all those funds that was illegally picked.

after you go come shuck mouth for politics they support wetin you no sabi

ObalendeCMS:
As a former Y! Boy, I can relate.

So painful!

I feel it's nature's way of punishing you for all those funds that was illegally picked.

That's just the simple truth.

Money na water

Lies everywhere..

Tuehh..

MONEY,Itself is evil and not for the faint hearted.I know so many people from very very poor background,that did this shitt but they invested wisely and today their family is doing very fanstastic.
Or where do you think all these overnight Billionaires made their money from?Even the so called saint is not left behind .
Story dey ,plenty!!
Its not how you make money that matters but how you spends it.Almost ,if not majority of the rich people you see arround,have been involved in one shady deals or the other.Forget all these social media stories.
Back then in the 80-90s most of the people who traveled abroad then ,did so many shitt,including oriolori(oluwole),even our current presido is not left behind.
Abeg if you get opportunity,make use of it and invest wisely.

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist, and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

Some of them are in politics

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist, and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

Try it.
E go shock you

Dem full this my area here for Ajah. I no get strength. I for reveal so many things.

Thank God I left that rubbish to focus on Cyber security.

I doubt if there is anything like former yahoo boy. Once a yahoo boy, always a yahoo boy.

ObalendeCMS:
As a former Y! Boy, I can relate.

So painful!

I feel it's nature's way of punishing you for all those funds that was illegally picked.

No such thing as karma.

Wealth comes with a price.
Every wealth person has done something untoward at one point in time or the other.
And I am not talking about wealth of I buy house for lekki. I mean wealth that can last generations.
People are quick to say look at dangote. Dangote inherited generational wealth, if you find out the source of the original wealth either from his Great grand parents or further down the line you will be shocked.
If in life you have the fear of God and conscience you chances of having generational wealth is next to zero.

Wealthoptulent:


LEGIT MOINEY is the best.... thats why i am Happy i made all my money legitimately , today i live in the WESTERN world with my FAMILY, for years now; i sleep n wake with out fear or expectation of LAW enforcement ANYTIME or DAY.. back wen i was at home, i WORKED as ACADEMIC STAFF in HIGHER INSTITUTION , but i SELL CARS back to back.. my STUDENTS EVEN GAVE me "YAHOO LECTURER" as nick cos the PLACES they find me, i no dey BEHIND these HKN BOYS, i spent every dime with SENSE but i ball n be small too, they even gbe mi jaiye.. they were my most CUSTOMERS/CLIENT dem no dey price, they jus Pay so i made sure i had good CLEAN RIDE as DEALS.. LEXUS, VENZA BMW, BENZ were my market products for them. i usually gave dem my ADVICE, that u can use COOPERATIVE money to BUY CAR but u cant use the COOPERATIVE MONEY for its MAINTENANCE .. Meaning its easier to see any HUGE money to buy car but think of how to MAINTAIN it if no such income every time

interesting

Upon their fraudulent acts, they will remain broke after the scammed funds finished

ecomalchemistt:
The question still remains , how would you Multiply 100M if you had it today ?

What business would you delve into ??

Practical ideas please, no motivational speakers !

If I got 100 million naira,I'll hire 50 people who can cook variety of meals ranging from Fried rice,Jollof rice,Ofada rice, Coconut rice,Soups,Salads,Moi-Moi, Turkey, Chicken,Goat meat ETC

I'll open a upscale food canteen in at least 20 locations in Lagos state with a distinct brand( The brand could be the name,design or advert style)

I'll focus on quality instead of quantity.... Nigerians love to buy expensive stuffs as long as they know you don't compromise.

For example,I could sell a piece of grilled turkey for 12,000 naira and people will buy it or a piece of well prepared catfish peppersoup for 15,000 naira....A big catfish costs just 4k or 5k so imagine the gain.

I'll make sure they open from Monday to Sunday ( Very possible,you only need a large staff and you pay them good)

I could go on but let me say if you got 100 million or less,and you want to double it in a space of 6 months,you can never go wrong with selling food, transportation and importation.

Even beggars and poor people eat not to talk of comfortable and rich people,As long as you're neat, respectful and good, you're destined to make it.

As for importation,you can import trending goods at 2000 naira and sell at 5000 naira or more.

Imagine a profit of 3k on 1000 goods sold,That's 3 million naira gain on just one product.

Basiljoe:
Dem full this my area here for Ajah. I no get strength. I for reveal so many things.

Thank God I left that rubbish to focus on Cyber security.

you don wise up

PissInside:


If I got 100 million naira,I'll hire 50 people who can cook variety of meals ranging from Fried rice,Jollof rice,Ofada rice, Coconut rice,Soups,Salads,Moi-Moi, Turkey, Chicken,Goat meat ETC

I'll open a upscale food canteen in at least 20 locations in Lagos state with a district brand( The brand could be the name,design or advert style)

I'll make sure they open from Monday to Sunday ( Very possible,you only need a large staff and you pay them good)

I could go on but let me say if you got 100 million or less,and you want to double it in a space of 6 months,you can never go wrong with selling food, transportation and importation.

Even beggars and poor people eat not to talk of comfortable and rich people,As long as you're neat, respectful and good, you're destined to make it.

you don finish everything.

Same story never changes. Nothing good ever comes out from stolen money

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist , and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

So you mean there's no natural repercussion/reward for whatever evil/good anyone does ?

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist, and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

he is already facing Karma.

Nomerci:
Just like me,I picked 5m by Feb,but August it remained just 500k.as I dey talknto u,I'm left with 100k. I feel broke.and client. O gree pay again.

In banky w voice

Maga no gree pay

you invest your 5m to profitable things nii

MrAmbrose:
I hate that yahuu of a thing with passion. They scammed someone of thier hard earned money and spend it extravagantly, living a carefree life. This generation is gone.

Calm down Nigerians are not even that bad ,china ,India ,Phillipine ,USA and Russian hackers are worse ..but stupid Naija yahooboys are too loud when they hit small money

blingxx:


Calm down Nigerians are not even that bad ,china ,India ,Phillipine ,USA and Russian hackers are worse ..but stupid Naija yahooboys are too loud when they hit small money

that’s the mindset of Blackman. Once they hit their first 1m, they start to misbehave in the street. When the money finished, they go back to streets

ExAngel007:
Yahoo boys share their struggle with becoming broke after spending way too much on frivolities

In a series of viral posts on social media, several former "Yahoo Boys" – a term used in Nigeria to describe individuals involved in online fraud – have come forward to share cautionary tales of their experiences with sudden wealth from
cryptocurrency gains and other ventures, followed by financial ruin due to reckless spending and lack of proper financial planning.

The revelations, shared on social media by Sir David Onyemaizu, aim to offer lessons on the importance of money management and financial responsibility.

In one post, a man recounts earning $100,000 from Bitcoin trading between 2020 and 2021, only to face financial struggles shortly afterward.

Despite once having up to eight Bitcoins, the individual admits that he now has nothing to show for it. He reflects on the notion that "money not worked for" often leads to wasteful spending, emphasizing the importance of valuing
legitimately earned income. “Calculate the price of BTC from 2020 to 2023 October, then you will get the price. 8 BTC ooo,” he writes, reflecting regret over lost opportunities and poor choices.

Another post features a former "Yahoo Boy" who recalls spending lavishly after his sudden rise to wealth, even renting a luxury home in the upscale Lekki area of Lagos. However, by early 2023,reality set in, and with no stable income source,
he returned to his hometown. He warns others about the pitfalls of irresponsible spending, noting, "Even the money you invest when reality sets in, you go pull out that investment to settle problems and bills."

The final message comes from an individual who lost his car, home, and relationships due to his financial downturn. After spending most of his newfound wealth in 2021 on hotel stays and luxuries, he now struggles to make ends meet.

Facing eviction, he reflects, “If I see 5k naira in my account like this, I will be so happy to tell the rate at which I’ve suffered.”


Read below………………………..

my friend made his first one million in a fraudulent way travelled to Lagos from Abuja just to go and flex only to finish gisting me and asking me for 2k . Having money is one thing but having it for precautionary and speculative purposes is a gift unless your money grows like grass and can never Never dey 😁 Elon musk

Wasky101:

No such thing as karma.

Wealth comes with a price.
Every wealth person has done something untoward at one point in time or the other.
And I am not talking about wealth of I buy house for lekki. I mean wealth that can last generations.
People are quick to say look at dangote. Dangote inherited generational wealth, if you find out the source of the original wealth either from his Great grand parents or further down the line you will be shocked.
If in life you have the fear of God and conscience you chances of having generational wealth is next to zero.

many people are in prison today or are dead because of this mindset of you must commit crime to be wealthy

E dey happen.