What causes you the most stress?


Its a good morning.

I woke up strong and feeling refreshed. Got set to work, filled with thoughts of running the day. The big picture and quest to become financially free never skipping my mind. Sometimes, I feel uncertain of what tomorrow holds but I am very hopeful for the best. I constantly keep my psycho-motor in motion by a motivational book authored by the likes of Stephen Covey, John Mason, Deolu Akinyemi (my Mentor) and most importantly any Holy Book (Bibles and the writings of the Saints)… I got to office and stumbled upon the post below. It reliefs the stress to my quest of Financial Freedom, I know the answer but the how is really demanding. My previous post summarises the how.


  • Debt is my biggest source of money stress. I owe so much money that it keeps me awake at night.” Jide – Architect


  • “I stress about money because I haven’t got any!” Omowunmi – Receptionist


  • “Looking for money gives me stress. As a country, we have money, yet we are all suffering and still lack. The major cause of my daily stress is what I have to go through to have money. John sells Recharge Cards and Engine Oil


  • “My biggest help in alleviating money stress is my husband, because he and I always talk about money and about both our short and long-term goals. Over the past year we have been educating ourselves about money and looking for ways to cut back on our expenses and save” Sammy – Teacher


  • “…and when one closes in the evening, you usually feel pain, not only because of the search for money, but also because of the situation of the political, social, economic situation of the country”. Israel – Real Estate Consultant


A sample of opinions about money and stress show that financial worries rank as a major cause of stress. This can lead to feelings of insecurity, panic, fear, and anxiety, which ultimately result in health problems and increased medical expenses; the vicious cycle continues.

What aspect of your finances stresses you the most?

Try and identify what it is about your financial life that stresses you the most and then take deliberate steps to do something about it. Is it your debt that is out of control, are you having trouble paying your bills or is the rising cost of education or rent causing much concern? Are there more frequent arguments with your spouse over finances?

By taking definite steps each day towards your goal, you will reduce your stress. If it is debt related, then your priority should be to focus on repaying the most expensive debt first. As always your plan should not be vague or you won’t have the sense of purpose you need to achieve it. It should be as precise as possible; specific, measurable, achievable, realistic and very importantly, time-bound.

Bills, bills and more bills

Bills always seem to arrive at the wrong time. To eliminate the stress of bills, make an effort to settle them as they come in. Are you still paying bills the old-fashioned way? Nowadays there is no excuse for dealing with your most routine bills manually. Several banks offer an online payment system where you can settle your bills without having to issue cheques or carry cash and some service providers have made it more convenient for you to pay your bills through some bank websites.

All you have to do is to activate your internet banking facility, log on to the banks website and set up automatic payments online so that your bills are settled electronically. This frees up valuable time each month and ensures that your bills are always paid promptly and without the stress of being cut off if you forget or are out of town. Be sure to maintain a cushion in your account so that you always have enough to fund the bill payments as they come in.

Do you have a financial cushion?

One of the greatest causes of financial stress is where there is an unexpected emergency that catches you completely unprepared. If you don’t have any cash at all to take care of such expenses or an emergency, you could be forced to liquidate assets such as your stocks at a loss. Do you have an emergency fund for up to six months of expenses in place? Build up some cash savings to give you a cushion and some peace of mind.

Money and relationships

A leading cause of stress in relationships is money; indeed research shows that a major cause of divorce is money. Many couples snipe about bills, frivolous spending and bad investments. Often money matters are not discussed and are left to fester on the back burner until there is a problem. Try to talk about money on a regular basis without blame and in a non-threatening and constructive way. If you are in a relationship, there is so much to talk about that will create common ground for building a financial plan together; this ranges from spending patterns, bills, debt, income, the children’s education, a comfortable retirement, the care of elderly parents, a travel budget and so on.

Taking out even one hour each month to assess where you are as a family and discuss looming expenses will make a huge difference. Even if you haven’t been doing this before now, it is a good time to start to put it into practice. If the family reviews financial goals as a team there is a much better chance of these goals actually being achieved.

Stay on top of your finances

Develop a habit of keeping track of your expenses. By jotting down your daily expenses in a journal for a period, you will have a better idea about where your money is going and you can then identify areas to cut back. It is that loss of control over your finances that causes stress; to regain a sense of control, you need to be more involved. Take some time say monthly to review your finances; go through bank statements, investment reports; you owe it to yourself to keep abreast of this most important aspect of your life.

No one is immune from financial stress, even those who have a lot of it. Those who are struggling for money wonder how they’re going to make ends meet while those that do have it, whilst they may not have to worry about the next rent, often have substantial sums invested and watch fortunes rise and fall with the vagaries of the markets. It is not possible to transform your finances overnight; but by committing to make the necessary changes and with discipline, you will be surprised how much progress you can achieve in a relatively short period of time.

Culled from http://www.punchng.com/am-business/what-causes-you-the-most-stress/


What do you think?


9 Steps to Financial Freedom


Financial freedom is the point where your passive income exceeds your living expenses.

These steps show the route to take to arrive at the point called, financial freedom. What to do with these steps? Determine where you are, and then you can get counsel to help you move from where you are to your desired destination.

Counseling can be as a group or one to one, with attendant costs. Posts are free!

Step 1. Expense is greater than income

At this step, you spend more than you earn because in most cases you have budgeted your in-come before they come-in.

Step 2. Income equals expense

At this step, your plan your expenses around your income and save nothing because you have a good mentality to never exceed your income. “Spending wisely” as some put it.

Step 3. Income exceeds expense, but no real savings

At this step, you save but have no real savings because you save to spend it later. E.g. you have your eye set on that car, that house, that shoe, that necklace…in a word spend in a liability. This takes you back to step 2.

Step 4. Income exceeds expenses and an escrow account has been created for reserves (savings)

At this step, you save very well and now have an escrow (an account reserved to acquire assets).

Step 5. Escrow has been funded consistently as a habit.

Passive Income 3
Passive Income 3 (Photo credit: casperam)

At this step, you have formed a new habit of consistently saving into your escrow before spending.

Step 6. Reserve is used to buy asset(s)

At this step, the Escrow account translates to the purchase of an asset. Beware anything bought that does not fetch you in-come is not an asset. If you have to spend on the asset such that the net effect is zero or negative (speaking in mathematics), you have no asset but a Liability.

Step 7. Asset begins to generate passive income

At this step, your asset is now generating income without your sweat (=passive income).

Step 8. Passive income exceeds living expenses

At this step, your passive income takes care of your daily expenses.

Step 9. Passive income is multiples of expenses

At this step, your passive income takes care of whatever you decide to do.

Navigating from one step to the other is not rocket science. It requires some guidance and commitment from your part to succeed.

If you require my help, identify where you are and click here.

To your financial freedom!

Share with your friends and find their levels. Step 0 is no income and Step 10 is teaching someone to follow your steps.

Think again, what would you do with your time if money was not your problem?


Is your Child worth it?



Today, I got a message from my financial mentor (Adeolu Akinyemi) and thought of sharing with you a post from his blog. As financial forebearers, one of our thoughts should always drive towards thinking about short term and long term. If you are a parent or a youth who would soon be a parent someday, reading this, the information here would be as useful for you today as it would be tomorrow.

In 15yrs, the world will be more of a global village. Your children will compete with other children around the world for opportunities to work and in business. Children around the world are preparing, is your child prepared?

In just 10yrs, the average human being will have 10 Devices all hooked up to the internet, which of these are you preparing your children on?

In Asia the average 3yr old already has a tab from where they learn, by playing educational games, they are already learning numeracy, literacy and colours – does your child have a tab?

In the West, children are already having a total experience that turns them on academically and makes learning fun by the use of these amazing gadgets. Games like Angry Birds, Bad Piggies and children games have been downloaded over 50million times. Does your child know them?

Here in Nigeria some schools are charging their pupils huge sums and bundling tabs into what primary school students get to use in school, all in the bid to keep them competitive and global. Are your children competitive and global? Do you need to pay N1m per term to keep them competitive?

Chalk is archaic, pencil is getting outdated, the new cool tool for rapid and revolutionary development is the tablet. A2W presents you with one customized specially to aid your child all round global development. As a parent, you can play the same games with your children and keep the communication on.

My Testimony (A2W MD)

My Daughter (Primary 4) and Son (Primary 1) are so in love with the Verizon Tab. I get them to do a number of numeracy sums on it, and they naturally take it more seriously than if it was pen and paper. The glamour of a new tool makes education so exciting. Then I get to tell them that if they do very well, I can get them to play a game. They so love it!

Angry Birds
Angry Birds (Photo credit: Wikipedia)


Additional Benefits

1. Touch Screen technology helps your child with hand and eye coordination. Children love to touch things and a touch screen gives them the ‘action-reaction’ that creates anticipation and keeps them interested while, at the same time, developing their hand-eye coordination. It also allows for a measure of creativity for art and finger painting programs – and without all the mess.

2. Portable! Weighing less than a kg and with a 5-7 hour battery life, you can take it with you anywhere – whether using it in the car or overnight at Grandma’s house. And unless you unlock the internet access to download some new game or a new i-book, there is no need to be near a Wi-Fi hotspot.

3. Extremely Expandable! Easily converted to a powerful general-purpose Wi-Fi tablet as your child matures. Thousands of apps for general tablet use are available in the Google Play Store marketplace. And, having USB ports, an SD card slot and an HDMI port opens up a wide range of possibilities. They can even play their games from the tab on TV

4. More Fun than a Toy! 60+ Pre-Loaded Programs and Games. All the programs for developing visual word and sound associations, reading, math, telling time, art and memory skills are designed to be great fun for kids.  And when they have mastered a couple of skill levels, you can unlock one of many pre-loaded most-popular adventure and skill games for them – that are arguably even more educational, but in a different way. And while most parents would like to slow the process, you can virtually watch your child mature before your eyes.

5. 1 Year Warranty! Although we test every feature of your tablet before we ship it to you, sometimes computers just break on their own. If your tablet gets ill anytime within the first year of service, we will be happy to repair or replace it according to our normal warranty procedures as specified in our warranty description.

6.  A Time to Bond! Kids grow up way too quickly. We all try to grab onto any opportunity to enjoy a sharing moment with our children.

So, in addition to the obvious educational benefits of this tablet, you shouldn’t overlook taking advantage of spending some quality time with your child in a fun and positive experience you both will always remember.

Looking for a doorway into their world? We’ll provide the medium. You provide the love.

If you would love to create a specially customized tab like this for your children, or you want to resell them on our behalf to other parents, please contact us here FAST. Limited stock available.

Let me know what you think. Drop a comment…

culled from http://www.deoluakinyemi.com/is-your-child-worth-it/

The Poor Borrow, The Rich Leverage!

Rich Leverage, Poor Borrow

I came across this very interesting piece and thought to share it. It was composed by my financial mentor – Deolu Akinyemi. Enjoy this piece and don’t forget to drop your comment.

“I hate to borrow, I don’t like owing, I never borrow”. These sound like pious words, like words of careful people who care about their integrity.

Sorry to burst your bubble, they are the words of financially illiterate people. They are the words of religious people who read what they read wrongly, or believed what they were told without checking! It’s a manifestation of poverty,.

Who told you loans are bad? Who even told you that you are qualified to get a loan?

The scriptures record phrases like “borrow not a few”, “alas it was borrowed”, etc. There is good borrowing and bad borrowing. Bad borrowing, i will simply call borrowing, while good borrowing I will call leveraging.

When you get a loan to buy something that depreciates over time, something whose current value is it’s highest ever, you have borrowed, it’s what poor people do! When you borrow to buy or get involved in anything that appreciates in value, you are leveraging. The poor borrow, the rich leverage! It is senseless to burn a candle at both ends, to borrow and payback monthly on something whose value is on a steady decline, is akin to burning the candle at both ends.

If you have never taken a loan, this is not an advice to just go jump in, ask yourself is this leverage or borrowing. Am I gunning for an asset or a liability. Don’t however box yourself into the paradigms of the poor… It’s alright to get a loan!

copied from http://www.deoluakinyemi.com/the-poor-borrow-the-rich-leverage/


Financial Mentorship


Yesterday I had a great time with like minds. I was amazed at how people have succeeded networking together and talking about their experiences in an evening session with Deolu Akinyemi. Before the meeting I had a sizzles session with a winning team of goal-getters and was amazed at what skills they used in handling such sessions with prospects. In case you are still confused on what I am talking about, I am a network marketer and those who don’t understand network marketing don’t because they probably never tried to understand it or have got their fingers burnt in what is not network marketing – ponzi and pyramid schemes.

It was a calm Sunday evening. All was seated with smiles and even if they were about to begin the week, some had no troubles that the week was going to start because they had passive income source that was out living their living expenses – they had become financially free. Some who were not, still had reasons to seat and learn from those who had gone through the road and I was one of them. I want to share with you some of the things I learned from the evening session:

So many People Pass Over Opportunities Repeatedly:

 You may have heard the saying “opportunity comes but once” but this saying as I have come to realize is flawed because those who are successful became successful because they had the mindset to look out for opportunities and grabbed them when they appear. No one who has desired to do something positive will remain unsuccessful as long as his eyes are always on the lookout for opportunities. Look around you they are everywhere, if you can’t see them then you have not desired success well enough.

To be successful, you need a Mentor:

I have been told this severally by people who had become successful. Anyone who truly desires success and wants to go far would need the support and experience of people who have gone through the road. Some indeed had become successful without mentors but ask one if you know any who had achieved this feat, they would tell you the same thing, a Mentor will help you get there faster. Afterall a mentor is already where you desire to be.

Never run the race alone:

The journey of a thousand miles begin with a step, taking the right step is so important because if the wrong step is taken, one may have to run forever or run and return back to take the right step. One may have become too tired to even follow that step from the beginning. A mentor will help you find that right step. Get one and run with his guidance.


I got home quite late last night but it was a session that transformed me in a different way because I was able to climb on the shoulders of Giants and see where I wanted to go to…it felt easy seeing it from their shoulders but the journey has only just started. If you want to run this road with me,  drop your comments and let me know what you think. Get to know more about how to become financially free here.

A. M. D. G

Women and Money

I was in a meeting in the course of the week to discuss an opportunity about financial education for children. One of the people in the meeting mentioned that women are a force to reckon with when it comes to influence others. I am sure you agree with that. Women influence their husbands, children, friends and family members who will in turn influence their own families. Interesting! We are a force to reckon with

Now coming to the topic I am passionate about, money. How good it will be for the society if women are more in control of their finances such that they can be good influencers in that regard too. I did a quick review on women and money and noticed that women tend to be insecure about the subject of money. The insecurity is as a result of the following:

Women lack confidence

Women tend to lack confidence in money matters. This is mainly because they do not have the required knowledge. The more knowledge you have about money matters as a woman, the more confidence you have. How do you get started? Review your personal financial statements on a monthly basis so you know where you stand. Know what your income, expenses, assets and liabilities are. Keep a personal-finance book and join like minded people to learn about different concepts that will keep you going on your new journey.

Women worry about the small stuff

Women tend to worry about the day to day spending and the minute details associated with home management that they do not focus on the big picture. We need to move away from worrying about the kobos, cents, nickels and dimes and start thinking big. Even though we are master with finding good deals, we need to help our families to work towards the ultimate goal that will definitely be affected by finances. Begin with the end in mind!

Women wait for someone else to fix the problem

Most women were raised to believe that their husbands would handle the finances. Even though the man is the head of the home and the provider, that doesn’t stop the woman from being the helpmeet who has a good grasp of the financial well being of the home. Many women ignore such issues until they are forced to pay attention. For many, reckoning may come when they are least emotionally prepared to deal with it such as after they lose their spouse through death or divorce. You don’t need to wait for this. Understand your finances and that of your family. Be on top of it!

Women are focused on goals but not the numbers

I have heard women who say they want to have a lot of money. Being financially confident isn’t about making more money just to increase your account balance. Money is a tool that is supposed to help you achieve your goals, take care of yourself and do good things for other people. It is not the end in itself but a means to getting the life you want.

If we are able to overcome the above as women, then we will be able to influence our financial future, that of our families and friends for good. Let’s give this a go!

Copied from http://gbonjubolasanni.wordpress.com/2013/07/13/women-and-money/