Spending less and saving more is easier said in theory than done in practice. But spending wisely is an important step in achieving the financial freedom you need, to enjoy…
With compound interest, you’re not just earning interest on your principal, even your interest earns interest compounding your returns. It accelerates the growth of your investment over time. As Benjamin…
Budgets help you maximize your income so you can pay your expenses, achieve your financial goals, and still have money left over for fun! By adopting any of these budgeting…
Living within your means enables you to contribute to your financial goals while providing a cushion in case of an emergency. This is possible only when you’re earning more money…
A major threat to wealth creation is typically viewed as the state of the economy and currency volatility. Even though these events can create uncertainty, it is important to be…
When you manage your finances effectively, you have a better chance of building wealth faster. We’ve all made regrettable decisions about our finances at some point, but the good news…
Wealth is a state of mind, not just your account balance. Societal pressures can have you easily fall into thinking money and status defines wealth but it goes beyond that.…
Raising kids can be expensive. These expenses and the cost of education are rising higher than inflation daily which means that education costs may end up being much higher than…
Studies show that money(finances) are the number-one cause of stress. From getting bills paid to saving or paying off debt and still trying to live in the moment, money plays an integral…
In your 30’s there’s a major shift in priorities. You might start to consider firmly establishing yourself in your career or business and even start thinking about building a life…
The way you think, feel and manage your money often depends on your money personality. Our money behaviour is deeply rooted in us and is often formed from childhood experiences.…
Setting financial goals and achieving them is crucial to living the life you envision for yourself. Having financial resolutions is a really great way to get your finances on track.…
Budgeting is the easiest way to stay on top of your finances and take control of your money. There are different budgeting methods available depending on your preference and financial…
Every financial decision you make can either bring you closer to being wealthy or take you further away. Developing some basic habits and making intentional choices can be the difference…
While everyone’s personal finance journey is different, there are key steps we all need to take at certain stages in life to ensure we have and we can enjoy what…
Kalu is an astute banking and asset management professional with over 20 years of extensive experience in capital market operations, investment and asset management, and pension services. His skill sets…
Paying yourself first helps you create a long-term healthy financial habit of prioritizing saving over spending. The trick is to save immediately you get paid rather than save what’s left…
Knowing how to build your emergency fund can help you navigate through unexpected life events without having to worry about your finances. It’s a vital component of any good financial…
Everyone is looking for a new start after the challenges faced in 2020. There might be reasons to be cautiously optimistic about 2021, but that doesn’t stop you from preparing…
If 2020 has taught us anything, it is to always be prepared for the unexpected. It is vital to plan ahead for the new year if you want to achieve…
Festive seasons are exciting times, but they could end up leaving your finances unprepared for what comes after. With all the holiday discounts, gift-giving, and social events taking place during…
Recently, Nigeria entered its second recession in the last 5 years. In this article, we will try to explain what happens during a recession, how it may affect us, and…
Bravewood Academy: Learn to Make, Keep and Grow Money We started BRAVEWOOD with one goal – to make high yield savings and growth models accessible to regular people. We believe…
In the 21st century knowing how to manage & grow your wealth is a superpower that can only be fueled by Financial Literacy. It is a concept that isn’t as…
At the end of 2015, 1 U.S. dollar was worth N199, and today, it is worth N463(parallel market). This shows that the concept of devaluation and inflation is not very…
It is easier to get into debt than to get out of it. Most times, a loan can be incurred in a matter of minutes while it could take months…
There is a simple principle that makes budgeting easy. The 50/30/20 budget rule helps you allocate your finances in a manner that is effective and financially productive. This principle was…