Even if you were born into Otedola’s family, we know you’ll definitely want to do better than your parents did. And if your parents are not billionaires, then you’ve got double the motivation. So we’re here to teach you how to be rich.
Your parents might have made a lot of mistakes in their time, but you can avoid them and have a better life by developing these habits:
Saving
Are you tired of hearing about saving yet? Or do you feel a twinge of fear each time you read our posts reminding you (for the umpteenth time!) to save? That’s because you’re not doing it yet. Start saving and feel like a boss lady that has her finances in the bag.
Investments
You save and save, then what? Invest the money. Investing multiplies the money you’ve got and gives you passive income. This is one of the mistakes our parents made. Few of them saved money and even fewer of them invested it. You can invest in the money market, treasury bills or even in a side hustle of your own. That’s how to be rich.
(Photo: Esquire)
Live a prudent life
The time for lau lau spending is not now. Live a modest lifestyle now so you can have enough saved up to enjoy in the future.
We’re sure there’s a Pete Edochie proverb for this, but we haven’t had our morning coffee yet, so we can’t remember. 🙂
Personal development
(Photo: Tenor)
The sad truth is that most of our parents got jobs or started businesses and did very little to improve on themselves. But you, as the millennial shaid of the digital age that you are, you’ve got an unlimited access to learning resources. Strive to improve on your knowledge and skills and be better in every way. Think about everyone you respect in your field and we’re sure that you’ll agree that personal development makes you more valuable as a person.
Get ready for the billionaire lifestyle with this list of the most expensive neighborhoods in Nigeria.
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