Solving problems and creating values are what trigger wealth.
Read MoreHOW TO CREATE WEALTH AS AN IMMIGRANT – (FIVE WAYS)
Author: Onyinye
HOW TO LIVE A BETTER LIFE AND RETIRE RICH
If you can eliminate impulsive induce money spending, you will find out that you can be happy, work diligently and save to invest.
Read MoreHOW TO INVEST WITH LITTLE MONEY AND RETIRE EARLY
We are all starting at different points in life. If investment and profiting from it were easy, we all would be doing it. Unfortunately, it is not easy; however, It is not something a determined person cannot do. What you have to know and do to be ready to retire early How long can £200 or $200 last in your wallet?How long can £1000 or $1000 last in your bank account?It all depends on how fast you spend it. In retiring early, what matters is how long money lasts in…
Read MoreHOW TO BEAT INFLATION AND EARN MORE MONEY
When the general prices of essential goods and services increase, each unit of money buy fewer goods and services. Consequently, inflation reflects a reduction in purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account with an economy.
Read MoreHOW TO SAVE MONEY ON ELECTRIC AND GAS BILLS IN UNITED KINGDOM
United Kingdom Office for National Statistics said the Consumer Prices index rose 8.8%. Trading Economics said the annual inflation rate in the United Kingdom increased to over 10% in July of 2022. It is the highest reading since 1982 because prices rose faster for utilities, 19.1%, and housing, 21%. So electricity is one of the most expensive utilities.However, I have ten hacks that have helped me reduce my electricity by 40%, and my last month’s bills decreased by almost 50%. I believe my ten hacks can help families with young…
Read MoreWHAT IS AN EMERGENCY FUND?
Emergency fund, as the name suggests, is money you set aside as resources for emergencies. When my younger brother had an accident back home in Africa, I was unprepared for his medical welfare because he had a brain injury. However, I had an emergency fund, which I used to sort out his medicals. I have seen friends and acquaintances get confused and go deeper into debt because of a lack of emergency funds.Financial emergency preparedness is part of your financial fitness. Anyone who has been through any financial emergency would…
Read MoreHOW TO REPAIR A POOR CREDIT SCORE
Improving your credit score is the best way to save money from loan interests.
Read MoreWHAT IS A CREDIT SCORE?
Credit score data showcase your responsible use of credit. The financial institution you will approach for credits will give you a loan based on your credit score.
Read MoreBUDGET MADE EASY
Personal budget and planning for beginners A personal budget is a plan to help you spend your money/resources in a specific period, e.g., it can be the monthly or yearly budget plan. Though plans are not reality. Plans might need to change when the situation and reality facts vary. I have made a few budget plans in the past, and my realities changed. I abandoned my budget plans. In my case, it was unexpected bereavements, and my budget plans had to change. I know. I understand. I have also seen…
Read MoreMONEY AND LIFE IN UNITED KINGDOM FOR AFRICAN MIGRANT
Don’t move to the UK till you read this! I was in a friend consultancy meeting, and a lady (a fellow Nigerian migrant) said she was getting a divorce. I can vividly remember they moved to the UK in under four years. OK! What is the problem? She told her story, which is private. The primary cause of their divorce is money. They have a combined loan of £24k and are already missing payments, and the bank has sent them a debt transfer letter. This means CCJ (county court judgment)…
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