Let’s assume you earn ₦500,000/month (or multiples or fractions of it).

Here’s a simple actionable plan to help you spend your money, invest wisely, prioritize self-care, and set yourself up for financial stability in 2025. It’s a simple guide. Tweak as necessary.

🧵✍️ 🔄 1️⃣ Budget Wisely:

50% on Need-to-have expenses.

📍(₦250,000 for rent, food, transport).

📍30% savings & investment (₦150,000 split between investments, emergency fund, and pension).

📍20% wants (₦100,000 for leisure, self-care, etc.).

As you strive to build wealth, here are twelve (12) types of income you can aim to generate:

1. Passive Income: No everyday efforts required—affiliate marketing, commissions.

2. Pay-Day Income: Income from your daily, monthly job, or business.

3. Portfolio Income: Earnings from investments like stocks, bonds, or real estate. 4. Profitable Income: Income earned from a business that generates consistent profits.

5. Perpetual Income: Revenue that is constantly generated and for the long haul, even for posterity. Real estate provides such.

6. Proprietary Income: Earnings generated from owning intellectual property, patents, trademark.

7. Payoff Income: Income earned from completing a specific project, deal, or one-time effort that results in a significant financial gain.

Here are financial or wealth goals you can pursue from Sept. to Dec (120 days).

1. Financial Goal:

Automate a fixed amount, e.g., N1k or N10k DAILY, into a savings or mutual fund to have N120k or N1.2m at YE. Or start with an amount and increase it daily.
Do it with 3 friends. 2. Physical Wealth Goal:
 
Observe 30 minutes of some form of good exercise DAILY. For those days that seem so hard, skip or jump 100, 200, or 300 times throughout the day. I am not a fitness coach, but it’s a hack that keeps the heart pumping and your health strong as well.

Eating and investing have a couple of things in common. If you understand this, investing becomes simpler and easier to grasp and accomplish.

Right food for your body
Right assets for your portfolio

Build physical and financial wealth optimally.

Thread There are nutrition classes & each one has a role it plays in your body. So do different asset (investment)classes.

Nutrients Types

Carb
Protein
Dietary Fiber
Minerals
Water
Vitamins
Fats

Asset Classes
Cash & Equivalents
Equity
Fixed Income
Real Estate
Alternative Investments

Want traction in your financial life?
These 7 things are a must-embrace, must-have and must-understand.

1. Time
2. Knowledge
3. Dedication
4. Attention to detail
5. Patience
6. Compound interest
7. Abundance mindset
For by them, wealthy people have obtained a good report. Time: wealth building is a long-term game

Knowledge: you can’t rise beyond what you know. Understand the dynamics of making, managing and multiplying money.

Dedication: You can’t delegate the responsibility of financial fitness to anyone. Face it!

10 Money Mistakes you shouldn’t make( some from my experiences and some from what I observe).

1. Don’t delegate the responsibility of managing your finances to someone else. Pay the price for knowledge, seek to understand and take charge of your finances. 2. Don’t wait till you have so much before you learn about money management . What you do when you make little is what you’d do when you make much, except you are intentional. If you don’t save N5k when earning N50k, you wouldn’t save N50k when earning N500k

Don’t invest because everyone is investing. I use the acronym SGAR do teach a few things to consider before investing.

S: Your current Financial SITUATION
G:Your GOALS
A:Your AGE
R:Your RISK Temperament

Everyone has their own peculiar SGAR; Know what works for you & be guided. S: Your current financial situation will determine what you can invest in. You can’t earn 50k a month put all your money in the equity market.
As you earn more, you can do more. Invest reasonably within your earnings as you seek to make more. Careful of get-rich-quick schemes.

Your Friendship Circle isn’t the same as your Money Circle; but there’s a connection & they both impact on one another. Your closest friends’ money attitude somehow influences your money decisions. What you hear them say or do influences your actions: Spending, Saving, Investing. On the other hand, your Money Circle does not necessarily have to be your friends; they maybe investment club members, acquaintances, colleagues with whom you do money stuff together. Some become your friends, but some don’t ; yet you all do big money stuff together.

“Financial Quotient (FQ), known as financial intelligence (FI), financial intelligence quotient (FiQ) or fin IQ, is the ability to obtain &manage one's wealth by understanding how money works” -wiki
High IQ doesn’t translate to high FIQ.
There are broke Profs & poor MBA holders. It is one thing to know about money, it’s another to understand it.
People's financial well beings are the consequences of large &small financial decisions.
Your FQ score is based on your understanding of how money works & how to conserve and grow wealth with a calculated risk.

I believe in Hard and Smart work, good money management and meticulous investing as a path to wealth. My confectionery business isn’t inferior to my consulting business or other income sources. They all bring money in and my bank account doesn’t discriminate when the inflow comes A lot of people are hoping to hit a jackpot or get a sudden windfall and they meticulously enumerate how they plan to spend it once it comes.
If only they can with that zeal put in efforts at working their way into wealth and comfort; obviously a longer and more demanding route.

I finished school at 20, but got clarity on purpose at 35; Only 4 years ago. What I did in the 15-year period isn’t what matters,what I do going forward does.
Still discovering and evolving.
You can’t wear a wristwatch & be asking for time from someone else.
Your Life, Your Pace In 4 years,
I have written 5 dope books, Developed over 5 financial courses,
Built a strong community of over 4,000 women from across the world
Founded a solid investment club with some of the best minds in the world.
Not showing off,just encouraging you to START only when READY

6 Financial Lessons I learnt working with and for my Boss, Big Brother and Business Mentor who turns 60 today.
He’s an accomplished and successful businessman in all regards. 1. You may have all the billions in the world; your spouse and children should feel the impact of your wealth the most . Don’t be good outside and mean inside. Be financially responsible.

I share with people from time to time my multiple sources of Income which I have tagged "10 Cs"
I hope to share them here soon.
One of them is Collaboration.
You can collaborate with people into making more money.
1. Someone offers a service, you bring the referrals,you get a cut 2. You don't have as much time to offer a service you can do, but you have a friend who is trained and competent enough to offer the service and has the time.
Set up a structure; you get the jobs, he executes and you share the profit....

Soundly Educated,
But Financially Illiterate.
Thread. I struggled so much with my personal finance for years despite being a Chartered Accountant ( and even a Fellow) and I concluded I needed deliverance from some spiritual jinx.
Hit some bad times, did some courses, read a lot and a lot about me was revealed to me.

Creating Multiple Sources Of Income. Simple Practical Steps From My Experience.
THREAD 1. In our day to day discussions , the needs of people are constantly highlighted.
About 3 years ago, my colleagues were always looking for things to nibble on before lunch time.
I picked on that gap, learnt how to make snacks , scaled it up and met that need.