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…
Once you’ve gotten a hold of managing your finances effectively, it is time to start investing. As a novice investor, you will probably have a lot of questions like, “how…
The most important rule of investment is the need for portfolios instead of individual investments. An investment portfolio will enable you to be more strategic with investments while reducing the…
The word ‘retirement’ means different things to different people. For some, it could mean relaxing on your bed on a Monday morning with no work concerns. For others, it is…
Ever thought of growing your funds with minimal effort? Compound interest is a powerful tool that could help you reach your financial goals effortlessly if you put your money to…
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…
Savings and investments are often used interchangeably, however, they are two very different tactics to reaching your financial goals. Understanding the concepts of saving and investing, and knowing the difference…
Financial freedom means different things to different people, but a general consensus is that you’ve reached the most basic financial freedom when you have enough money coming in that you…
With coronavirus disrupting our daily lives, many people are worried about the effects on their budgets. Some people are naturally good at saving money, while for others money is something…
The current pandemic is a situation we have little or no control over, but what we can control is how we respond to it. It’s advisable now more than ever,…
Everything feels dire right now. The effects of the current pandemic can be wide-ranging concerning your finances and your well-being. It’s okay to feel overwhelmed but don’t panic. Remember the…
During uncertain times, it is vital to get proper financial advice. Due to the pandemic, there has been temporary closure of businesses, schools and other public facilities and events. While…
There are numerous benefits to having an emergency fund included in your financial plan. Having an emergency fund means saving enough money to cover unanticipated financial situations. This fund is…
Managing finance is still a struggle for some adults. That’s why it is important to teach children about money and its value at an early stage. It might seem like…
We are all guilty of immortalizing lies about the state of our finances. When it comes to managing money, most of us aren’t as rational and logical as we think.…
In continuation of our previous post on money management, developing these two habits can greatly improve your finances. The sum of all four is indeed greater than the parts. Deciding…
Effective money management encompasses the balance between your earning, spending, saving and investing pattern. How you choose to earn, spend, save or invest, ultimately defines and decides your financial status…
We live in a society where consumerism is adorned, and having it automatically means flaunting it. Succumbing to these pressures causes us to make financial decisions that, in the short…
Investing is crucial in attaining financial independence and can seem a bit complex for the layman. More often than not, the terms alone have you reaching for a glossary and…
Bravewood is a fintech firm that deals primarily with saving for the masses. We create the power to access savings multi-millionaires have exclusivity to, by pooling resources from our clients…
