Money Talk

Money Habits That Can Make You Rich

Most, if not all the actions we take on a daily basis may appear to be products of well-thought out decision making processes; but they are not.  They are habits.  And when it comes to our finances, these money habits make the difference in whether one is poor or rich because the way a man works, earns, spends or saves money impact his financial health. If you want to build enduring wealth, then take steps to cultivate these effective money habits: #1        Pay yourself first By all means, at all cost pay yourself first every time you earn an income.…

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Grow Your Business

Business Failure: 10 Things An Entrepreneur Must Do To Avoid It

No entrepreneur wishes to start a business that will fail.  But the incidence of business failure is a reality.  According to statistics 8 out of 10 new businesses fail within their first eighteen months while only about 30% of them survive their 10th anniversary. Economic challenges and bad government policies are some of the excuses an average entrepreneur will give to rationalize a business failure.  It is okay to blame the environment but the truth is that many businesses fail not because of external environmental factors.  A business will fail if the entrepreneur did not put processes in place that…

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Business Ideas

How to Make Money with Small Scale Plantain Chips Making Business

The income potential of plantain chips production is enormous and this explains why more and more entrepreneurs are becoming interested in this segment of the food processing and packaging business. You can start very small, with as little amount as N50,000 even from your kitchen and grow to become big if you do it well and are consistent.

Money Talk

Paylater Announces Its High-Yield Investment Feature, Payvest

Paylater’s new product feature, PayVest, is designed to cater to users that want to get higher returns than a regular savings account or other common investment options can provide. The product is carefully built to encompass the features of a modern, digital savings account as well as provide customers with returns that allow for real growth in spending power.

Investing

FGN Savings Bond: Another Alternative Way to Save

If you are considering an alternative way of saving to earn higher returns than what you will normally get from your regular savings account with your bank, then the FGN Savings Bond may just be what you need.  In case, you do not know, a bond is a financial instrument with which an entity borrows money from the public.  It is more or less a promissory note or an IOU in which the entity admits that it owes the lender a certain amount and undertakes to pay the entire debt at a particular future date. The borrowing entity is known…

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Grow Your Business

8 Effective Ways to Raise Capital for Your New Business

There are effective ways to raise capital for your new business that you don’t know about. You are not alone! Getting the needed funds to get his ideas off the ground is every aspiring entrepreneur’s nightmare – well may be not all.  If you happen to be a beneficiary of a large inheritance, you probably will not have any difficulty raising capital for your new business.  For majority of others, however, finding the initial money to finance their business ideas is not as easy as having the idea in the first place. If you plan to get people to put…

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Business Ideas

10 Online Businesses You Can Start Immediately with Little or No Money

Are you looking for a smart business to start right now that requires little or no capital investment? Many online businesses offer you that chance to make your mark as an entrepreneur without having to invest so much in terms of cash. Truth is, the internet has become an equalizer providing opportunities for the high and low, educated and illiterates, rich and poor.  All you need is a computer and a good internet access.  You don’t even need to have much technical knowledge, nor understand programming to do an online business.  You don’t need a brick and mortar presence (an…

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Investing

How to Invest in Corporate Bonds in Nigeria

One profitable way to make money in Nigeria is by investing in corporate bonds. The Nigerian corporate bonds market is generating quite a lot interest in recent time; unfortunately, most retail investors do not think about corporate bonds when they are considering their investment options. This apathy is not peculiar to Nigerian retail investors.  Corporate bond is a specialized investment instrument which requires a level of knowledge that may not be easily available to the average man on the street.  Hence, companies that issue bonds usually target institutional investors like pension funds, asset managers and insurance companies. These institutional investors…

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Business Ideas

9 Effective Steps to Start Blogging and Make Money

Blogging has become a simple but effective online business model with which a good number of people have become financially free and influencial.  And for many people, having a blog is the first step towards starting a lucrative media career. Here in Nigeria blogging has produced many millionaires. Talk of the likes of Linda Ikeji, Makinde Azeez, Jide Ogunsanya, Uche Pedro, Japhet Omojuwa, and so many others. Blogging is one activity that can easily be scaled to incorporate other business strategies.   What A Blog Is Most people are not able to differentiate a blog from a website, yet as similar…

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Investing

6 Reasons You Should Start to Invest In Gold

Why should you invest in gold?  This blog post will tell why. Many people are yet to forget the impact of the global financial crisis of  over a decade ago  (2007) and particularly the prolonged stock market meltdown that followed. Investors lost significant fortunes that many vowed not to invest in stocks ever again. Some developments in the global economy are generating the fear that there might yet again be another round of economic crisis and people are beginning to look for more stable, crisis-proof investment options. The asset class that offers this kind of protection is Gold. Some may…

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