The National Bureau of Statistics (NBS), in a report about poverty and inequality from September 2018 to October 2019, stated that about 40% of Nigerians live below Nigeria’s poverty line of ₦137,430 ($381.75) per year based on an exchange rate of NGN360/$1 as at early 2020. It said that represents 82.9 million people. The report …
This series – Avoiding the rat race - is a very important and significant topic in personal finance. Hence, it is necessary that keen attention is placed on the several areas covered as understanding them will set you up for an amazing journey to financial freedom. It is important for me to state that personally, …
Continue reading "Avoiding the Rat Race Part 3: Multiple Streams of Income"
Financial Independence is not about what you earn. It is about what you do with what you earn. If you are waiting for your income to match your expenses before you decide to start saving, you will never earn enough to match your desires. Did you know that about 70% of all people who win …
Continue reading "Avoiding the rat race (Part 2); How to be truly Financially Free"
The Cambridge dictionary defines rat race as “a way of life in modern society, in which people compete with each other for power and money.” The term rat race was used as a colloquial in Robert T. Kiyosaki’s book, Rich Dad, Poor Dad to describe a cycle in which an individual spends his disposable income …
Broadstreet Financial Review 
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