Financewise

Black Friday is the day after the US Thanksgiving Holiday. It is the first day of the shopping season that traditionally ends on Christmas Eve. Retailers traditionally slash the prices of merchandize and shoppers go into a frenzy trying to…

This week, we will go back to the basics, budgeting and planning, because we cannot achieve the financial future we desire if we do not have the basics right. A personal budget is an essential tool for managing our incomes, controlling our…

Many questions were raised on the last two articles on financial discipline. Some readers think they might need financial makeovers. How can we determine if we need a financial makeover? Although everyone has peculiarities that make a…

Last week we discussed tips to attaining and maintaining financial discipline. But we all realize that discipline is hard. Financial discipline can be boring. It appears one is missing out on all the fun one’s peers seem to be enjoying.…

Discipline is adherence to a code of behavior and set of rules. Financial discipline is therefore the adherence to the rules of financial management and prudence. Many of us struggle with financial discipline, mainly because we think it is…

Many of us are familiar with mobile apps. We have games, health trackers, learning portals, Bibles, social media and much more on our phones. How many of us have personal finance management (PFM) apps? For those of us struggling with…

LAST week, we talked about the need to plan the financial welfare of our dependents. We listed six main areas we should be paying attention to – education planning, health insurance, estate planning, life insurance, retirement planning and…

Planning for dependents is an integral part of financial planning and wealth management. Our dependents have needs that we as responsible guardians need to make adequate provision for. There are 6 major ways we can make the financial future…

One of the main elements of financial inclusion is access to credit. CBN has set a target for the country and the banks and non-bank financial institutions are running with the vision. People are being offered personal loans; borrowing has…

BEING members of a community, our personal finances and financial well-being are affected by the prevailing economy, government policies, technology and other factors. Here are some of the things trending.Taxation and Tariffs – The…