Once upon a time, in Oyo State, there was a young woman named Ngozi. She worked as a teacher in a primary school in Okeogun Local Government Area. Just like many other women, Ngozi had big dreams of having enough money and being able to take care of herself. But she didn’t know that reaching her dreams would take a lot of hard work, determination, delayed gratification, resilience, and having a good plan.
Even though it was hard and she didn’t have much help in learning about money, Ngozi was determined to understand it. She took classes online, went to workshops in her community, and talked to her friends who knew about money. Slowly, she learned enough to start making her own decisions about her money.
Ngozi decided to start saving some of her money. She learned a simple plan called the 50/30/20 budgeting plan, where she decided to put away 20% of what she earned every month. She put this money in a special bank account just for saving. As time passed, Ngozi saw her savings grow, which made her feel more secure and somewhat stable.
But Ngozi didn’t stop there. She also learned about investing, which means putting your money into things that can make more money. She started by buying a little bit of stocks every month; about five thousand naira, and she also joined a cooperative group in her neighborhood where people helped each other to save money. With careful planning and advice from experts, Ngozi started her small farm where she raised chickens to sell to her neighbors, she got a small loan from her cooperative society. Ngozi’s farm was a answered prayer to her community; as everyone was planning for the Easter celebration and the Id el Fitri Celebration. Ngozi was super strategic with her farming business, she made sure she informed all her neighbours as she started the business and promised all of them a 10% discount if they paid ahead for the chicken. This helped her plan, she was able to also pay back her loan swiftly, and earn more money to support her family better.
Even though Ngozi was doing well, she knew she had to think about the future. She wanted to make sure her two boys would be okay even if something happened to her. With this in mind, she turned her attention to real estate, her financial experts had previously told her she needed to acquire more assets than liability and one of the ways she can do that is by buying land.
Ngozi’s journey to financial success was not easy. She faced many challenges and had moments where she felt unsure. But she never gave up. She kept going, believing in her dreams and working hard to make them come true.
Today, Ngozi’s story shows how important it is to learn about money, save, invest, and work hard. She is hopeful about the future, knowing that she has the power to control her financial destiny. And with each step she takes, she creates a better future for herself and her family.
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