Anyone who has even a tangential interest in real estate has come across the terms mortgage and home equity. They are two debt instruments that are regularly used by homeowners around the world, and if used wisely, they can form the foundation of a successful real estate investing journey. Mortgages and home equity loans, like … Read more
How can I pay for rent, food, insurance, health care, debt repayment, and enjoyment without running out of money if my take-home wage is $2,000 each month? That’s a lot to cover in such a short amount of time, and it’s a zero-sum game. The answer is to make a budget. It would help if … Read more
Inflation reduces the purchasing power of currency units, causing prices of services and goods to increase over time. It’s a financial word that says you’ll have to pay extra to fill your gas tank, purchase a gallon of milk, or get a haircut. In other words, it raises your living expenses. When you compare the … Read more
One of several choices for passing property, money, and other valuables to members of your family or charitable causes is to set up a trust fund. It might be tough to decide whether to create a trust fund account and how to do go about the account creation process. You’ll require the assistance of a … Read more
Learning to save for both the short and long term can provide your adolescent with valuable life skills and get them started on the road to financial stability. There are several reasons for a Nigerian teen to save and invest money. The most important aspect of saving and investing as a Nigerian teen is starting, … Read more
When you’re young, saving money can appear to be an impossible task. It’s easy to think of your paycheck as a way to get by month to month rather than a way to prepare for the future and save for unexpected expenses. Putting aside a tiny bit of money each month, on the other hand, … Read more
Contrary to global trends, the Nigerian economy was primarily cash-oriented in its transaction of goods and services before the Central Bank of Nigeria implemented a cashless policy in 2011. This study examines the influence of cashless policies on the Nigerian payment system using paired data sets from 2007 to 2017. Cheques, financial transfer channels, and … Read more