The Magic of Compound Interest

Compounding is described as the eighth wonder of the world and/or man’s greatest invention, compound interest is the silver bullet for growing your money. According to Benjamin Franklin, this is the best way he knew how to get rich. Simply put, compounding means earning additional interest income on already earned interest income. It is the snowballContinue reading “The Magic of Compound Interest”

Why i should have bought a Japanese Car

Though so many things are wrong with the educational system in Nigeria, with how important money and finances are to most of us, I wonder how come we don’t have a great deal of financial education in the curriculum. Quite alright, we covered some topics in business studies class in junior secondary, but really though,Continue reading “Why i should have bought a Japanese Car”