In modern society, we have conflated two entirely different financial concepts into a single measure of success: how much money someone makes. We look at a high-earning corporate executive, a successful startup founder, or a social media influencer flaunting luxury items, and we instinctively label them “wealthy.” Yet, financial history is littered with stories of…
In my book, 15 Laws of Money, I said that one of the major reasons why some people will never be wealthy is their spending habit. They think buying, not investing. They have Consumer Mentality not Investment Mentality. If an average African makes money, the first set of things he will think about are his…
Why do you want to be wealthy? Why do you want to be financially free? Why do you want to have plenty money? Have you ever asked and answered these questions? I discovered that many people hustle daily to be rich just for the sake of it. People want to break out of poverty and…
No matter how we pretend about it, poverty will twarth your plans and delay your projects. Poverty can turn a potential champion into village champion. While you are reading this now, somebody just died somewhere in Africa because the family cannot raise money to take the person to the hospital. Sometime ago, the National Bureau…
Few days ago, I read the stories of people that were defrauded through phoney investment schemes. Those stories made me so sad. In fact, I am still wondering whether people do due diligence, or they just want to get rich quick by any mean. It is not difficult to ascertain whether someone is a scammer…
Let me begin with two quick questions: What is your net worth? How much would you like to be worth in 5 years from now? Becoming wealthy is not magic, you won’t wake up tomorrow and find yourself rich. Building wealth is a journey that you must be prepared to embark on. It is a…
Poverty is a choice, prosperity is also a choice. I am very sure that between January and now you made sales, received cash gifts, or received a salary or profit of at least N1 million. If not once at least in trickles–N1,000, N10,000, etc. Where is the money? Some of us developed negative money habits…
The primary reason for financial problems in life is lack of self-discipline and self-control. It is the inability to delay gratification in the short term. It is the tendency for people to spend everything they earn that guarantees their permanent stay at the city of penury. According to insurance industry statistics, if one hundred people…