Vol 25 | 10-04-2023
Good morning, 🌞
I like stories like this week’s Naira Life. It’s one where you’re going on one path or exploring multiple options, and out of nowhere, an opportunity comes and changes everything. For the lady in this story, one thing drove the chain of events of everything that’s happened in the past six years; her voice.
Let’s get into it.
In this letter:
- #Nairalife: How Did She Hit Impressive Financial Milestones At 22? Voice Acting
- HustlePrint: How to Actually Make Money on YouTube
- #LoveCurrency: An Enugu to Canada Long-Distance Marriage on a ₦210k Monthly Income
- Money Meanings: “Market Capitalization”
- Game: #HowMuchLast
- Where The Money At?!
#NairaLife: How Did She Hit Important Financial Milestones At 22? Voice Acting
Before 2017, the 22-year-old in this story was just a university student who’d tried a few businesses. A radio internship and job recommendation unlocked a potential long-term stream of income for her. The key to this? Her voice.
Seven years of throwing things at the wall later, this is what her finances look like.
How to Actually Make Money on YouTube, According to Eric Okafor
Last week, we shared how Fisayo Fosudo has built a visual storytelling brand on Youtube over the past seven years. Today, we’re showing you how you can secure your own YouTube bag and will be drawing lessons from another Youtuber — Eric Okafor.
An Enugu to Canada Long-Distance Marriage on a ₦210k Monthly Income
Dinma* (27) met her husband Nnamdi* (34) for the first time a few days before their court wedding in 2021. In this article, she tells us about Nnamdi asking her to marry him four months after they started talking, planning their wedding together online and how they manage the distance and time difference in their marriage now.
An excerpt: “We have conversations about money. We even agreed to open a joint account that he’d be funding mostly till I got a better-paying job, but we didn’t have time to go to the bank the last time he was around.
He knows I earn a decent salary, and can comfortably take care of my feeding, electricity and fuel bills, he assists with the heavy bills like rent and car maintenance. So whenever he doesn’t have money or has other financial commitments, he tells me, so I can prepare to cut costs for that period.
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A survey data by EFInA in 2020 on financial inclusion shows that 1 in 3 Nigerian adults are financially excluded – with no access to formal financial services such as payment, savings, and credit. This means that individuals and business owners who are financially underrepresented usually rely on family, friends, or coworkers for financial support and are bound by the principal amount.
Financial institutions, banks, and fintech have developed different products and services to capture this market segment, yet gaps abound.
Join us on Friday, April 14th at 5 PM (WAT) as we will be discussing the challenges, and inefficiencies associated with lending among family and friends.
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Money Meanings
Game: #HowMuchLast
#HowMuchLast is a game where we show you an item and you tell us (and the world) the highest amount you’d pay for it.
Some weeks will be Okin biscuit, some others will be SUVs.
This week, let’s find out how much you’re willing to pay to travel the world. So, #HowMuchLast for a plane ticket?
What’s the most you’d pay? Tweet at us here.
Where The Money At?!
We can’t say we’re about the money and not actually help you find the money.
So we’ve compiled a list of job opportunities for you. Make sure you share this with anyone who might need it because in this community, we look out for each other.
Again, don’t mention. We gatchu.
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All good things must come to an end. But not this good thing. We’ll be back next week.
In the
meantime, keep reading Zikoko’s articles and be sure to share the love.
Till next week…
Yours cashly,
Toheeb,
Zikoko’s ‘OG’ Mr. money
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