KEEP YOUR POCKETS FILLED: By Oyedamola Taiwo (For F&K Savings)

KEEP YOUR POCKETS FILLED: Tie the Savings Chains.

Empty pockets lie tongues out in east and west direction. I shook out my bag rigorously hoping a penny will drop to save the day. I searched every corner dutifully to check if I carelessly tossed a kobo in the time of plenty to hidden corners. Fast enough my reality dawned on me and I pronounced myself officially broke.
Flashback to two weeks ago I had hefty load on to my account from my shared hustle. It felt good, i had more than enough. With much euphoria I spent more than enough, every item posed as a possible purchase, I suddenly felt responsible for everybody's well being. I lavished as the Don but not without a halt. A friend I regard insightful told me money had winds and should be tied down if it must stay. It didn't make so much sense to me until now. Immediately he said it, I checked my account and I couldn't just see the wings. From one transfer to the other, day in day out till I could feel the sound of the beats on my almost empty account. Just yesterday, I did the final withdrawal. Here we are this morning with no hustle to sap from, no cash to rest on and the big boy of 2 weeks ago cannot put food on his own table. I have learned the hard way, the next hustle pay must be tied to chains so that they can reside over the raining days and dry seasons.
The chain of saving here I come.

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The 80/20 rule: Apply it to your finances and change your life, by Olamide Oseni.

A couple of hundred years back, an Italian economist by the name of Vilfredo Pareto discovered something really really interesting that was going to change how we understand the world. He discovered that he could measure the relationship between cause and effect precisely in mathematical terms (80/20). I know that probably sounds a bit mystifying and confusing, it was for me too, so to break it down further what he discovered was that 80% of results come from 20% of efforts. You are probably as shocked about this and if you are honest a bit doubting too. What this means for you is that: - 80% of the money you make comes from 20% of the time and effort you put in. - 80% of your products are the ones bringing in 20% of the money you make. - 80% of your customers bring in 20% of your income. And it also applies to everyday life too: - 80% of the world's wealth is in the hands of around 20% of the world's population. You probably wear 20% of your clothes 80% of the ...

Is Forex A Worth-While Investment For The Average Nigerian?

If you live in Nigeria and you actively use social media, odds are on that you have probably heard the term ‘Forex’ being used around a lot, from shady people hitting you up promising that they will give you an 100% returns on your investment if you invest in Forex through them to someone on social media bragging about how they made millions off investing in Forex. Forex is one of those terms that seems to be shrouded in mystery, the average person knows the word Forex but would be hard pressed to come up with a suitable explanation for it or how it works. Overtime an even more pressing question has appeared, Is Forex another word synonymous with scam like MMM? Should I be investing my hard-earned money into Forex? Today, we’d be breaking down for you how exactly Forex works. First things first, what Is Forex? Let’s give you a quick analogy on how Forex works, Say you leave Nigeria and go to Dubai for a vacation, when you get to Dubai, you are obviously not...

Maximizing Social Media For Business Growth: A brief summary of our virtual session with Mr. Ogunde Bolu

It is no big news that the internet has widely gained adoption over the last few years, a sizeable number of people in the country now have access to a smart phone and the internet, even kids do these days and with every passing day, the number of people joining the throng increases. So what does this mean for business owners? It means you have a very potent tool at your fingertips to reach your prospective customers, seeing as millions of people are on the internet, odds are on that no matter what your service/product is, there is someone on the internet who needs what you have to offer. Thanks to the advent and immense popularity of social media platforms like Instagram, Facebook, Twitter, and WhatsApp. With just a couple of swipes and keyboard clicks, you now have the platform to talk to thousands of people, gone are the days when you had to pay exorbitant fees at media houses to showcase your business/brand to the world. These days the only fee you need to be payi...

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