5 Money Lessons You Didn’t Know You Learned From Your Parents

August 25, 2020

I was thinking back to the years I spent at my parents’ and the experiences that came with them. I realised something very subtle, but also important. There were a couple of money lessons they inadvertently taught me. Since we joke about how Nigerian parents went to the same training school and whatnot, there is a chance that you will relate to these things too.

1. Have money and you will inspire people to do things 

Remember when your parents promised to do something for you if you did well at school? And do you remember all the extra work you put in because of that? That’s exactly how money works.

2. Getting your money’s worth doesn’t make you cheap, it makes you responsible

You probably didn’t understand why your mum liked to spend hours haggling prices at the market. But now that you’re older, you’ve realised that the extra money they saved from getting a good deal meant something.

3. Find creative ways to get maximum value on everything you spend money on

At some point, you wondered why there were so many plastic plates and bags in your kitchen. Well, they were there because they hadn’t lost their value. 

4. Sometimes, you need to say no to people. Problem no dey finish

Your father knew this, and that was why he told you he had no money to give you sometimes. He had to put himself first too.

5. No amount of money is too much for self-development 

From paying school fees to hiring lesson teachers, Nigerian parents went in hard on education. You didn’t know it at the time, but they were preparing you for the time when you’d have to start investing in yourself.

You'll like this

February 21, 2020

Nigerian nurses go through a lot and are unappreciated. They work long hours and earn anyhow wages. With that in mind, we asked them some of the things that must stop in 2020 and here’s what they said: 1) “I can’t show Nurse my bum bum.” Sorry ohhh. 2) “You’re a Nurse, that’s big money […]

November 4, 2019

The subject of today’s story lived in Nigeria for a while, but he currently lives in his home country, Liberia. Tell me about that first cash that you felt was yours. Let me start by saying I’m the laziest person I know. When I was a kid, my dad wanted to imbibe reading as a […]

Toheeb

Join The Conversation

Bring a friend.

Watch

Now on Zikoko

September 30, 2020

I wasn’t a big Runtown fan until I listened to a shitload of his songs for this Ranked. He’s actually got a great body of work, so I ranked his top ten best songs. Here you go: 10. Baby Answer “Girl my love for you be like kilimanjarooo…” and then the rhymes that follow. 2014 […]

September 30, 2020

Everyone takes naps. Every adult loves naps. Naps are like vegetables. You hate them when you’re a kid, but you know they’re absolutely essential when you get older. Many naps are ordinary, but some naps are sent from God as a reward for good deed. Those ones will have you feeling like this 1. You […]

September 30, 2020

African women have had a complex relationship with birth control, so we ask 10 African women, to tell us their experiences using birth control. Ann; 26, Zambia I don’t like taking medicine unless it’s really necessary, and I barely finish my courses so I knew the pill was a no. I didn’t like the idea […]

September 30, 2020

Going to the beach is a Nigerian favourite past time, especially for people who live in cities close to one. People go there for all sorts of reasons. It won’t be strange to find these 5 types of people at the beach. 1. People who just want to chill You’ll recognise them with their sunshades […]

Recommended Quizzes

June 14, 2020

Have you ever been with someone so horrible that you swore to never date again? Yes? Well, do you know that one or more of your exes probably feels the same way about you? You never thought about that, huh? Thankfully, this quiz is here to let you know just how much of a hassle […]

April 3, 2020

While the rest of the world loves to treat our continent like a country, there are actually 54 African countries. So, in a bid to test your knowledge (and educate you), we’ve created a quiz to see how many of their capitals you can correctly name. Go ahead:

November 4, 2019

After successfully predicting when y’all are getting married (please, email any complaints to noneofourbusiness@nayousabi.com), we are back to tell you how much is currently in your account. How, you might ask? By using your taste in Nollywood, of course. Shhh. No questions. Just take it already:

November 25, 2019

We already guessed how many people you’ve slept with, and y’all were out here denying the truth. Anyway, we won’t hold that against you. This time, however, we’ve created a quiz that predicts who you’ll sleep with next — so you can either prepare or try (unsuccessfully) to prevent it. So, take and see:

More from Money

September 28, 2020

Tell me about the day you knew something wasn’t right.  I woke up in the middle of the night feeling funny. I’d slept like two hours earlier, but something woke me up. I decided to check my blood pressure  – I’m hypertensive.  Wait, how old are you?  27 soon. Anyway, I checked my BP, and […]

September 24, 2020

Being a corps member has to be one of the most stressful phases in the life of a Nigerian youth. And you know what makes it all the more stressful? The money aspect. It is never enough. 1. The struggle of waiting for allowance every month. Especially when it’s already 20-something on the calendar and […]

September 17, 2020

Recently, I had an interesting money situation where a friend defaulted on a loan. From the lies to the silence, I felt somehow. Especially because of the lies and fake anger. I assumed that a friend wouldn’t treat me like that. Motivated by my experience, I went asking people for their own money experience. Here’s […]

Watch

Trending Videos

Zikoko Originals

June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.
March 12, 2020
Life is already hard. Deciding where to eat and get the best lifestyle experiences, isn't something you should stress about. Let VRSUS do that for you.
February 6, 2020
Who doesn't want to find love? In our bid to help, we paired up a bunch of single Nigerians, sending them on an all-expense paid date, and interviewing them before and after they met.
January 27, 2020
Nigerians Talk is what happened when a motley crew of young Nigerians were put in front of a camera and asked a bunch of apparently random questions about life, love, money and more.
September 24, 2019
A group of Zikoko staff go on a road trip to every mainland country in ECOWAS West Africa

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X