“I do not seem to understand you in this house. Your attitude these days is amazing. All you do is work work work. You give us everything except yourself. Did I marry money? I married you, but it seems I’ve lost you!” an enraged Brenda was ranting at her husband.

“Are you done?” Jasper responded.

“Can you imagine the rubbish you just said. Your insensitivity dazzles me. Your sudden coldness and brashness amazes me. And your stupid attitude of thinking all we need is your useless money irritates me.”
In his rage, Jasper charged at his wife and grabbed her by the neck.

Continue reading MORE THAN FINANCE


Your financial welfare is my concern. I do not desire to see you experience any form of lack whatsoever. It is my great joy to see you spend money when the need arises. Even Bro. John in the Bible says “that he wishes above all things that we prosper and be in health even as our soul prospers”. Much more than I desire your prosperity, God desires that you abound in prosperity.

It is however quite saddening that despite the abundance of promises on our prosperity, there is still a lot of lack and little. The reason is not far-fetched. There is a dearth of financial literacy. This is what I want to tackle for our benefit. So, let’s ride.

There is a common saying that money answers all things, and if this more or less cliché phrase holds water, what then is our attitude towards finance? Are we meant to eat with our ten fingers and have no savings, since we are not to trust in riches? In saving, what percentage of our income are we expected to save? Is there need for having assets, and growing investments? How do we avoid debts and unnecessary borrowing? All these is what will form the meat of this piece.

To begin, what is financial literacy? According to Futurpreneur, financial literacy is the ability to understand how money works: how someone makes, manages and invests money, and expends it (particularly when giving out as donations for charity).

The challenge many people are having is not lack of inflow of money, but lack of proper management of it. Many are in the habit of using money as they see it forgetting to save for the rainy day. One way we can manage the money that flows to our account is by saving.


What exactly is savings? Wikipedia makes us to understand that savings generally is a low-risk preservation of money in a deposit account. The mistake we often make is that after we’ve settled our expenses, we save what is left. By so doing, we save little to nothing at all. In her book ‘The Smart Money Woman’, Arese Ugwu makes us understand that there are two kinds of savings: the long-term savings which should be 20% and the short-term savings which is 10%. With proper savings, we are able to remove ourselves from any financial mess because we have something substantial to fall back on in case of any exigencies.

The need of gaining assets and growing investment cannot be overemphasized.

Growing Assets

We are saving, quite all right, but savings might not just be enough. Savings may not yield as much interest as investments and assets will yield. There are two types of income. There is the active income and passive income. Investments form part of passive income and this can serve as a soft landing to us if anything happens to the means of our active income.

Conclusively, I’ll talk of borrowing. My candid advice for anyone who cares to be debt free is to abstain from borrowing, and where it is absolutely necessary, pay off as soon as possible lest it keeps mounting to something that eventually swallows all of our savings. Borrowing, particularly for unnecessaries or liabilities is the major thing that plunges people into deep financial mess.

To gain that financial freedom you desire, ensure your passive income exceeds your expenses. Equally change the way you approach money.
Rich people look for ways to convert their active income to assets, while poor people simply think it’s all about the money you earn and nothing more.

Do well to drop your comments and share your thoughts.