How did Money Africa come about?
In the first few years of my career, I was terrible with my money. I lived from hand to mouth. Paycheck to paycheck. Although I earned good money, I struggled to set aside anything for the future. I relocated home (Nigeria) to start a new job but the job only commenced in 2 months. In those moments, I was reflecting. Reflecting on how I had seen good money, however, I don’t have anything to show for it. I promised myself to fix it. The next 6 years saw tremendous growth as I was investing. But most of it was self-taught. I created a platform to ensure young Nigerians have a tool to enable them to achieve their personal finance goals.
What are your main objectives at Money Africa?
Our objective is to build a nation of financially intelligent people
Can our readers know about your available packages?
Yes. We have a subscription-based platform on www.themoneyafrica.com it costs N5, 000 that is N830 per month which is less than the cost of a Smoothie or Sharwama
Tell us 5 smart financial decisions to make in 2020.
1 Get financial literacy. Education is critical on this journey. You need financial awareness to get to your destination. Simple knowledge like understanding what inflation is and the power of compounding can change the game for you.
2 Draw up a budget
Many people think a budget is a restriction tool. Whereas a budget enables you to send your money where you want it to go. That way you are sitting on the driver’s seat.
Every time you invest you set something aside for your future
You take care of your future self. The decisions we make today determine tomorrow
4 Long term
Many people know how to save but the problem is after stacking a few blocks they let go of the charts
We need investors that stay in it in the long run. The real magic is allowing time to do its work and let it compound
I know you’re thinking wait. Why should I give or I am not ready yet? Giving is a mindset. You can with what you are and where you’re at. Giving isn’t exclusive to your money; it’s also your time, skills and resources such as network.
www.themoneyAfrica.com founded by Oluwatosin Olaseinde is an all-in-one solution that helps you earn more interest on your cash, get advice on how to manage your savings and automate your investments.