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Re: How To Manage Money As A Nigerian In Your 20s by Neurotika: 9:49pm On Oct 21, 2018 |
No dumb moves. Never buy anything that is worth more than 25% of your total bank balance (except it's a cash generating asset). Never ignore the power of compounding interest. Save up to a point where the least market interest rate can pay some major annual bills you incur. Then you keep compounding and earning more returns.... Savings is for the patient. But saving without a goal is a waste of time. And never get emotional and naive about money. Social conditioning and pressure can pose a great enemy to your financial buoyancy. Write the vision, make it plain..... 4 Likes 1 Share |
Re: How To Manage Money As A Nigerian In Your 20s by Onnasucs1(m): 9:54pm On Oct 21, 2018 |
op, George .S. Clason didn't say you should save to buy a car or build a house. He said save to invest then invest again before you buy a car from the proceed of your multiple investments 1 Like |
Re: How To Manage Money As A Nigerian In Your 20s by Nobody: 10:13pm On Oct 21, 2018 |
Somehow I feel the person who wrote this does not have one million naira anywhere not in a car house land or bank account |
Re: How To Manage Money As A Nigerian In Your 20s by Olohunjedalo(m): 10:14pm On Oct 21, 2018 |
MsFaith:Do not save money! Invest your money ! No matter how small |
Re: How To Manage Money As A Nigerian In Your 20s by kzea4real(m): 10:18pm On Oct 21, 2018 |
Opinionated:Thanks for the update. Can you please name the Personal Finance Books to read? 1 Like |
Re: How To Manage Money As A Nigerian In Your 20s by Chibenze(m): 10:18pm On Oct 21, 2018 |
Neurotika:first thanks to the op for this great tips. Back to you. Sir can you suggest some of the savings platform that one can save and use the compound interest type of savings which platform |
Re: How To Manage Money As A Nigerian In Your 20s by Olohunjedalo(m): 10:40pm On Oct 21, 2018 |
Chibenze:Congratulations! You are a potential food for scammers ! 2 Likes |
Re: How To Manage Money As A Nigerian In Your 20s by jimcaddy(m): 11:47pm On Oct 21, 2018 |
Save ke when these babes will not allow man to rest. From iPhone X to Human hair.. The makers of that iphone will know no peace.. They are the cause of Nigerians spending their life savings on iphone. You are not a big girl if you are not using an iphone in Nigeria.. |
Re: How To Manage Money As A Nigerian In Your 20s by geadom5: 12:03am On Oct 22, 2018 |
Na where you even see the money to manage?? Lol |
Re: How To Manage Money As A Nigerian In Your 20s by Nobody: 12:15am On Oct 22, 2018 |
Re: How To Manage Money As A Nigerian In Your 20s by castro316: 4:57am On Oct 22, 2018 |
Opinionated: Invest on what? You guys. Come here and. Say invest. In our. Economy it is difficult to invest. Give us examples if you really want to help out. 1 Like |
Re: How To Manage Money As A Nigerian In Your 20s by KunkeAkinola(m): 5:59am On Oct 22, 2018 |
LordFriar: Ode.. If you can't manage pennies, u can't manage pound |
Re: How To Manage Money As A Nigerian In Your 20s by MsFaith: 6:25am On Oct 22, 2018 |
Olohunjedalo:Alright o, so what can I invest my money on? |
Re: How To Manage Money As A Nigerian In Your 20s by MsFaith: 6:27am On Oct 22, 2018 |
Onnasucs1:oga, whay can I invest my money on that it won't go into flames |
Re: How To Manage Money As A Nigerian In Your 20s by IbrahimDamola: 6:30am On Oct 22, 2018 |
I thank God I was taught financial literature in the home right from teenage days. To spend money dey pain me, to save money dey sweet me. As long I dey get heavy alert, the happiness alone sef dey quench hunger, I no dey fit chop that day. Womanizing- zero Drinking- zero I can never be poor. 4 Likes 1 Share |
Re: How To Manage Money As A Nigerian In Your 20s by Chuksmonika(m): 6:45am On Oct 22, 2018 |
gift01:especially visual,that stuff can destroy someone |
Re: How To Manage Money As A Nigerian In Your 20s by Nobody: 6:52am On Oct 22, 2018 |
Chibenze:I can save them for you sir |
Re: How To Manage Money As A Nigerian In Your 20s by Nobody: 6:55am On Oct 22, 2018 |
MsFaith:In my business. Interest assured |
Re: How To Manage Money As A Nigerian In Your 20s by MsFaith: 7:12am On Oct 22, 2018 |
ClixMaster:Your business koor |
Re: How To Manage Money As A Nigerian In Your 20s by T3amie(m): 7:12am On Oct 22, 2018 |
What do I invest in please? Running outta time. Thanks in anticipation |
Re: How To Manage Money As A Nigerian In Your 20s by AfriSurvey: 7:22am On Oct 22, 2018 |
We are in the process of launching an online survey startup, afrisurvey.com, that exclusively caters for those (companies, governments, academic institutions, individuals) doing market/academic research about Africa. Put simply, Afrisurvey will be a user-friendly web based software as a service (SaaS) platform where African researchers can easily create surveys, deploy it to targeted African audiences who use our mobile app and get good quality data. We will make money by charging researchers who use our web based platform to connect to thousands of registered users waiting to respond to any survey that targets them. Project Current Status ✓ The web platform for Afrisurvey is still under construction. Current status of the platform can be accessed via www.afrisurvey.com, forum.afrisurvey.com and panel.afrisurvey.com. The platform is expected to be formally launched and open for business early next month. ✓ We have been compiling a detailed a list of potential customers. We also have been making cold pitches to those on our list. We got some quality feedback from a couple of them, and many have indicated interest in paying for our service. ✓ We have built a prelaunch site, afrisurvey.launchrock.com which we are currently using to acquire prelaunch users. We currently have over 20,000 subscribers. ✓ The company have been registered in Nigeria with the Corporate Affairs Commission (CAC), with the name African Survey Services. As we plan to formally launch by early next month. We are also planning to raise an investment amounting to $10,000 or its naira equivalent (N3,600, 000). A minimum of $500 (N180,000) per individual. The primary usage of the funds will be as follows: 1. Aggressive marketing for more user acquisition 2. Building formal relationships with potential clients. This include travelling, etc. 3. Complete the development and launching of the web/mobile platforms 4. Invest in scalability 5. Rent, utilities and contingencies. The required sum of $10,000 might be seen to be on the low side. This is deliberate, we expect revenue to come in immediately, and that will encourage us to focus on getting and growing revenue as early as possible so as to completely bootstrap the business. Opportunities for Investors. We are offering two distinct channels, through which investors can get good return on investment made: 1. 50% return on investment, spread over 10 months. With this, an investor will get 5% of his/her investment monthly, for a period of 10 months, and he/she gets the capital back after the expiration of the 10 months period. 2. This is strictly for those that want to stay and grow with us. We have reserved a total of 20% equity for this class of investors. If interested in this class, please get in touch for more info. Kindly let me know if you are interested in taking part of the fund raise. I can always be reached via; Email: support@afrisurvey.com Call/whatsapp : +234-09081412698 Thank you. |
Re: How To Manage Money As A Nigerian In Your 20s by MetalJigsaw(m): 7:27am On Oct 22, 2018 |
Sunexy:Only a fool wouldn't know this. |
Re: How To Manage Money As A Nigerian In Your 20s by gentlegenius(m): 10:29am On Oct 22, 2018 |
BigGuyMan:Permit me to correct this your last statement:. The only investment they know is sport betting. |
Re: How To Manage Money As A Nigerian In Your 20s by Nobody: 10:44am On Oct 22, 2018 |
MsFaith: |
Re: How To Manage Money As A Nigerian In Your 20s by boyfwend(m): 10:45am On Oct 22, 2018 |
Where is the money to even save self? |
Re: How To Manage Money As A Nigerian In Your 20s by Onnasucs1(m): 3:13pm On Oct 22, 2018 |
MsFaith:invest in my dowry. *Just kiɗding o.* invest your time into books and you'll know how to invest your money wisely. I can recommend some books. 1 Like |
Re: How To Manage Money As A Nigerian In Your 20s by kzea4real(m): 4:37pm On Oct 22, 2018 |
Onnasucs1:Name the books pls. |
Re: How To Manage Money As A Nigerian In Your 20s by Onnasucs1(m): 4:51pm On Oct 22, 2018 |
kzea4real: 1. Rich ɗad poor dad.(Robert Kiyosaki) 2. Millionaire fastlane(Mj DeMarco) 3. Think and grow rich(Napoleon Hills) 4. Why 'A' students work for 'C' Students (Robert Kiyosaki) 5. Richest Man in Babylon(George S Clason) These books has changed my life. Search on google for them or better still check on (pdfdrive.net) They are free. Don't pay a dime for any. Msfaith check this out 1 Like |
Re: How To Manage Money As A Nigerian In Your 20s by Chibenze(m): 8:25pm On Oct 22, 2018 |
ClixMaster:hahahaha Boss . no worry will dig ground and cover it like the olden days style 1 Like |
Re: How To Manage Money As A Nigerian In Your 20s by MsFaith: 2:33am On Oct 23, 2018 |
Onnasucs1:Thank you Onnasucs1, will do that |
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