My Nigerian Voice

One way to survive the harsh depreciating Nigerian Economy is by having multiple income streams. One not-so-easy way to make extra money in Nigeria is through earning passive income. There is more than one passive income stream you can tap into in Nigeria and after putting in the work be able to make money in your sleep. Yes, it is possible and that is what passive income is all about and the reason we should take it seriously. In this post today, you are going to be learning what passive income is, the myths of passive income, the many passive income ideas and the ones that are profitable in Nigeria and easy to start. What is Passive Income? Passive income is a type of unearned income that is acquired automatically with minimal labour to earn or maintain. To be honest I don't agree with this definition from Wikipedia . The definition from Bankrate makes better sense to me and is what I understand and know passive income to be. Here it is... Passive income includes regular earning

Financial freedom is something everyone all around the world wants to achieve regardless of their economy. Be it big or small. Everybody wants to be financially free and live their best life ever and this list of people doesn't exclude Nigerians. Every Nigerian wants to achieve financial freedom, and you can see the drive for that in how hardworking we are. Even the way we are open to new ways and ideas of making money says one thing. We need, we want and we are striving for financial freedom. Today we are going to see exactly what it means to be financially free, what it takes to be financially free and exactly how to go about achieving financial freedom in Nigeria.  What is financial freedom? Ask different people what financial freedom means and you will definitely get different answers. We all see money differently hence, my definition of financial freedom will be different from the next person.  However, financial freedom can be defined differently but ultimately lead to the sa

Women empowerment in Nigeria is not a new thing. However, the power of financial literacy for women is underrated. Skills without financial literacy are almost like work done equal to zero as the need for understanding money is essential in making it grow. But what do we know, all the society and the government are interested in is giving women a skill set which is not bad. However, the need for financial literacy should not be ignored as it holds the power to make permanent economic changes. We will see how financial literacy alone can empower a Nigerian woman at any societal level.  What is Financial Literacy? In a straightforward definition, financial literacy is knowing the in and out of our finances. It should be the knowledge of the financial working of every aspect of our lives but most importantly our personal finance. Knowing the in and out of our financial resources doesn't stop at money alone but even knowing what assets are and what liabilities are. These include learni

Street food in Nigeria symbolises many things, but the number one is diverse culture. Every part of Nigeria has unique street food common to its people. Don't forget Nigeria has over 250 ethnic groups. Hence, it is not surprising that we have a lot of local food only found in certain places. However, there are street foods so popular in the country that you can find them in every region.  There is something about street food that makes a place unique and exciting. Just like lights, food on the street brightens the street with liveliness. I personally look forward to street food when travelling than fine dining. And I am sure that at this table I'm not alone. Another fun thing about street food in Nigeria is that it gets people in a community to bond. Why is that so? It is so because you see a group of total strangers, friends and family sitting at an open place eating together. Hence, let's see the street food that bonds Nigerians together all over. 6 Nigerian Food on the S

Saving money is a little bit different in Nigeria because of many money factors. I mean the concept of saving money is the same you keep some percentage of your income aside every month to save for rainy days or to have emergency funds. however, to save money effectively as a Nigerian you have to save money the Nigerian way. one thing is for sure saving money is a piece of advice we hear all the time and trust me it is the best personal finance advice you can ever receive. but the truth is saving money is not that easy I mean let's tell ourselves the truth. Especially if you are on a low income and the fact is the majority of the people who want to save money because they understand its importance are low-income earners. whether we like it or not this is a money factor that makes saving money difficult and different in Nigeria.  However, the good news is this, if you want to save money you can save money whether your income is low or you have an inconsistent income you can still sa

Are there no days you wake up and wish you didn’t have to spend money? Just because you wish you could save more money and stop overspending. Or your reason could be that you are tight on cash at the moment and not having to spend will take off the financial stress for a little bit. Whatever your reasons might be for not wanting to spend money. You are on the right page because there is a solution to your problem and it comes in form of a challenge. The no-spend challenge is here to rescue you.  What is a no-spend challenge? A no-spend challenge is a personal finance activity where you don\t spend money within a period of time as the name implies. The idea behind this challenge is to be able to cut down expenses in other to manage your money better and be able to save money for whatever purpose. The concept is to go for weeks or a month without spending money either on certain things or just completely no spending money. There are conditions behind this challenge that you will get to u