MoneybyZikoko: She Took an ₦80m Loan to Glimpse Abroad

Apt morning ☀️

About a weeks ago, we printed an entry below this e-newsletter’s “Aunty M” section that hit a nerve. The girl who sent us the jam works in a immense company and earns reasonably neatly, but she’s downhearted and procuring for a capability out with out a thought. She’s burnt out.

When we printed the same entry on social media, about 70% of the feedback the put up elicited were about how relatable the girl’s struggles were. I believed so, too. I’ve been there. My associates were there. Burnout is costly.

Now, this week’s Naira Life memoir furthermore explores burnout and how it threatens [young] mavens’ job fulfilment and potentially impacts their budget. The ask to ask is, what’s it fancy for this arena in the context of her #NairaLife?

In this letter:

• #NairaLife: She Earns Nearly ₦2m/Month, but Is Pondering about Indefinite Unemployment
• Respect Currency:The Ibadan Lover Lady Spoiling Her Boyfriend With a ₦120k/Month Salary
• I Took an ₦80m Loan to Pursue My Good Dream But
• Aunty M: What’s the Most spirited Funding Portfolio for a Nigerian Civil Servant?
• The set up The Cash At?!

#NairaLife: She Earns Nearly ₦2m/Month, but Is Pondering about Indefinite Unemployment

The Ibadan Lover Lady Spoiling Her Boyfriend With a ₦120k/Month Salary

I Took an ₦80m Loan to Pursue My Good Dream But

Anticipate Aunty M with Reni

I want to develop my budget from meagre to something mountainous. I’d like knowledge on the funding portfolio that might easiest wait on a civil servant from jap Nigeria. Thanks. – Yugos, 39.

Hi Yugos, we’d like about a extra puny print to attend you to. With the microscopic you’ve shared, I indicate investing in the inventory market for novices. Silent, the funding portfolio it’s best to mute decide relies on many elements, including your profits level, possibility tolerance, time horizon, and much extra

One vital part to indicate: When investing in the inventory market, please realise that “mountainous cash” takes time, consistency, dedication to your targets, and years.

What it’s doubtless you’ll presumably be attempting to dwell is set up stop a fastened percentage of your profits and aquire commerce-traded funds (ETFs). This product permits you to make investments in heaps of corporations in the inventory market at one time on the present time. Chances are high you’ll delivery an yarn with Chaka, Bamboo or Trove and delivery up investing in the US inventory market. You won’t uncover about foremost gains correct now, but your portfolio can develop over time.

Again, consistency and investing in stable economies (e.g., the US and Canada) are vital.

I’m hoping here is ample to fetch you started. Apt unbiased appropriate fortune.

Xoxo,

Reni

• Must you’re here, you most likely bear a cash or work jam. Anticipate your ask and we’ll determine an actionable resolution for you.

All appropriate issues must option to an quit. However now not this appropriate part. We’ll be assist next week.

In the
interim, retain reading Zikoko’s articles and make certain to fragment the fancy.

Look you next week…

Yours cashly,

Toheeb,

Zikoko’s ‘OG’ Mr. cash