The Ads Place, Riverpark Estate, Lugbe, Abuja (2026)

10/11/2021

Quick question.

If you had more money right now, what would you do with it?

23/09/2021

FINANCIAL INTELLIGENCE SERIES (part 9)

Hello!

TGIF in advance! 😄😎

In the last post, we explained that money is simply a unit of measuring and exchange of value.

If you have something of intrinsic value (whether it is tangible or intangible), it can be exchanged for money.

The Ultimate Catch Word in the definition of money is a word you might have overlooked:

VALUE.

The concept of value is the entire idea behind money.
In fact, a substantial part of the financial system of the whole world (if not the whole) is wrapped around this one word.

What is value?

It is anything of worth
Anything that is worth having
Anything that has some form of benefit to somebody that has it.
Anything that can be enjoyed
Anything that is of any use at all.

Money is value - because it buys things.
BUT IT IS NOT THE ONLY THING THAT IS VALUABLE.

Information is value - because it can bring and help one maximize opportunities
Suya is value - because we enjoy eating it.
A hair cut is value - because of how good it can make one look.
Gold is value-able - because it is scarce
Air travel is value - because it means we can travel distances quick.
Time is value.
Skill in anything is value.

Anything that is valuable to anybody - anything that can be seen as a benefit to anybody - is value.

Stop reading.

Go back to the beginning and read to this point again.

What are the implications of all this?

I'll tell you in the next post.

Talk to you soon!

18/08/2021

FINANCIAL INTELLIGENCE SERIES (part 8)

Hi!

The last term to be defined in this part of the series is

MONEY.

The one word we all love.

What is money?
Money is a unit of measuring value and a means of exchanging value.

This definition is in two parts.

A. Money is what we use to calculate how valuable anything is, whether it is goods or services.
How much a good or service costs is a statement of its value.

If someone produces bread and puts the price at #600 and I buy it at that price, it means that the value of that loaf of bread to me is at least #600.
If nobody buys the bread at that price, it means that the value of that loaf of bread is not up to #600.

So, the value of any product or service is measured by its monetary price.

B. Money is what we use to exchange value among ourselves.
We give and receive money in exchange for goods and services.

Let's say I'm a barber and you come to my shop to get a haircut. I tell you my price is #500 and you agree.

Both the haircut and the money are value.
By agreeing to pay #500 for a haircut, you have agreed that my services are worth the value of #500.

I give you my service (which is value) and you give me money (which is also value)

So, money is nothing but a means of measuring and exchanging value.

You might need to read this post a number of times to get it.

If you understand this well, you will know how to MAKE MONEY CONSISTENTLY.

How?
We'll explain in the next post.

Are you getting value?

Like and Share!

Photo by Karolina Grabowska from Pexels

23/07/2021

FINANCIAL INTELLIGENCE SERIES (part 7b)

There are different kinds of Investments.
Generally, they can be classified into
TANGIBLE and INTANGIBLE Investments.

Tangible Investments are Investments in physical materials - that can be seen, held and physically touched.
Examples are purchase and resale of goods, cultivation of goods for sale, purchase or mining of precious metals (like gold, diamonds and so on) or purchase of land and other real estate.
Tangible Investments are mostly entered into Offline - physically, without the use of the Internet.
However, it is not out of place to see opportunities for Tangible Investments online in recent times.

Intangible Investments, as the name implies, are Investments in non-physical materials.
Examples are Investments in stocks, bonds, shares and so on.
Most Intangible Investments are entered into online - via the Internet.

In the next part, we'll give general tips to note in making Investment decisions!

Do like and share!

PC: istockphoto.com

19/07/2021

Free tip:

Copywriting is one of the next power skills of the MODERN WORLD.

No enterprise succeeds without it!

11/07/2021

FINANCIAL INTELLIGENCE SERIES (PART 7a)

Hi!
Today, our definition focus is

INVESTMENT

Frankly speaking, investment is non-negotiable requirement for real financial health. Understanding investment and how it works is one of the key foundations of Financial Intelligence.
A financial portfolio without investment is more likely to remain in the red!

So, what is Investment?
It is simply, allocating money to an asset - remember our definition of an asset - or venture you expect to grow in monetary value. Usually, the asset or venture you allocate money to is also called an Investment.

Generally, Investment is always associated with Risk. Any attempt to make money grow will compulsorily involve some form of risk.
However, Risk Management is the foundation of Wise Investment.
A major Law of Wise Investment is this: ALWAYS CONSIDER THE RISK FACTOR.

Never engage in any investment if you haven't considered the potential risk involved.
When you only consider what you stand to make without considering the potential risk, you are more likely to make a bad investment decision that will end in loss.

In the next post, we'll explain classifications of Investments and how they work.

Hope you've gained value today!

Do like and share!

PC: istockphoto.com

06/06/2021

FINANCIAL INTELLIGENCE (part 6)

Today's definition is
Savings!

We all know what Savings are: a part of one's income set aside, usually towards a goal or for a rainy day.

What does it mean to save?
Saving is an INTENTIONAL ACT of setting a percentage of one's income aside for a specific goal or for emergencies. Thus, the money so kept is called Savings.
Therefore, even though shopping malls and product manufacturers may disagree, buying things at cheaper cost is not "saving 10%" .
You have only saved when you set some money aside without spending it.

When done right, savings can be a very powerful way to grow your income and have reserve funds for unforeseen expenses. You'd be grateful to yourself for doing it when you start to reap its rewards!

NB: There will be more on savings later in the series.

Like and share if you're gaining value!

PC: istockphoto.com

Link to Part 7a below

https://www.facebook.com/108399964747539/posts/134132445507624/

25/05/2021

FINANCIAL INTELLIGENCE SERIES (part 5)

Hello!

Today, we discuss NET WORTH

Net worth is the total of your assets after all your liabilities have been deducted.
To calculate your net worth, you subtract your total liabilities (payments due) from your current assets. Whatever is left is your net worth.
Simply put, your net worth is your assets minus your liabilities.

This index is super important in calculating your financial health.

If your liabilities are higher than your total assets, you're in deficit. Where your liabilities are so much more than your assets, you would be said to be bankrupt (which you could plead in form of legal proceedings - in some countries - where you cannot pay all your debts).

The key takeaway is this: Your net worth is key to your financial health.
Your assets should always be more than your liabilities.

Apologies for the lateness of today's article.

Do like and share!!

Link to Part 6 below!

https://www.facebook.com/108399964747539/posts/120274200226782/

23/05/2021

FINANCIAL INTELLIGENCE SERIES (part 4)

Happy Sunday!

Today, we're discussing Gross and Net Earnings!

First, we define Earnings (also known as Income).
Income (as defined by Oxford Languages) is (all) money received, especially on a regular basis for work or through investments.
Everything you earn from work or investment is your income.

Now to our terms for today,

Gross Income is the total income amount before any deductions or taxes. Basically, this means that your Income is your Gross Income.
Gross Income = Income before anything "touches" it

Net income, on the other hand, is what is left after taxes and other deductions (such as loan repayments).
On a salary slip, net income is usually the last line on the slip (which is why it is sometimes refered to as the Bottom Line) while Gross Income is usually the first line on a salary slip.

For people who do not receive a salary, you can calculate your Gross and Net Income per month by subtracting your taxes and deductions from the total amount you earn per month.

That's it for today!

Next, we'll define Net worth!
See you Tuesday!

Link to Part 5 below!

https://www.facebook.com/108399964747539/posts/116251717295697/

21/05/2021

FINANCIAL INTELLIGENCE SERIES (part 3)

Hello!
It's Friday again.
Today, we're defining LIABILITY.

A liability is, simply put, all money payable.
Your liabilities are the total of your debts, expenses and bills.
Every payment you are obligated to make for ANY REASON is a liability.

In a broader but more personal sense, any product or service you use that requires payment without adding relevant and commensurate financial (or otherwise) value back to you may be termed a liability. In this sense, the product or service itself is deemed the liability.

Though liability is generally seen as a negative term, not all liability is bad.
In certain situations, it may be necessary to incure present liability in order to enjoy some future benefit (e.g paying tuition fees). Sometimes, it may even involve getting into debt (e.g taking a loan to upscale a business or company).
In these instances, liability can be seen in a more positive light based on the future benefit expected.
In these cases, what would be deemed a liability is then called Investment.

Again, not all liability is avoidable. For instance, personal care, feeding and transportation costs are unavoidable if we must stay alive and active. Taxes are (or at least, should be) also unavoidable liabilities.

Though the subject of liability is very wide, the bottom line is this: Liabilities mean money is leaving your pocket.

On Sunday, we continue our definition of terms.
Please like and share if you're getting value!

PC: Duncan Andison on istockphoto.com

Link to PART 4 below

https://www.facebook.com/108399964747539/posts/115342260719976/ below

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