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Land banking is a term commonly used in real estate and it means buying of several undeveloped land at a cheap or affordable price – allow it appreciate over a period and later resell to make huge profit.

It is the surest way of maximizing your wealth as leaving your money in the bank at the mercy of inflation is setting your funds up for devaluation.

From the concept of time value of money,we all know that one million as of today will not buy the same thing a million would have bought 10 years ago.

So let's look at the Benefits of land banking over cash banking

1.Physical asset is more valuable than liquid asset.

Land is a physical asset that can’t be easily converted into cash at any time but cash in the bank can be withdrawn and spent at will thereby making you spend frivolously but when your money is tied to a physical asset it is not converted easily.

2.Retirement Security

Land or property owners always have an edge over those that just save their money in the bank at the mercy of inflation.

Land owners property will have appreciated over the years, making them rich in the process.Thereby having huge capital gain to fall back on at retirement.

3. Land can be used as a collateral for loan

Land owners enjoy easy of getting bank financing of their projects.While waiting for your land to appreciate you can equally use it as a collateral for sourcing bank loan.

4. Leverage

Land banking gives your children leverage . you can bequeath your land to your children after you.

A good example is the pastor Paul Adefarasin.
The Land where house on the rock currently sits is an inheritance from his father.

Only God knows how cheap his father bought the land at his time, but now the land is worth billions of Naira.

Thanks for reading, feel free to hit the share button if you found this valuable.

Don't forget HoneyCrown properties is always at your service for professional advisory services on land banking.

You can connect us via mail honeycrownproperties@gmail.com

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Financial independence is the status of having enough income to pay one's living expenses for the rest of one's life without having to be employed or dependent on others.


With this mind, let's explore the levels of financial Independence.

With each level comes more freedom and economic stability.



Level 0 – Financially Struggling

Most people have experienced what it’s like to struggle with money.

Struggling with money is horrible. It creates constant background anxiety that lessens our enjoyment of everything.

When you’re in the struggle stage , it can feel like your hard work isn’t getting you anywhere.

You work every waking hour, yet still barely manage to cover your bills.

And to make matters worse, you might also have debt that’s growing at an alarming rate.

People at level zero have zero assets, zero passive income and often have a negative net worth .


Level 1 – Financially Stable

The next level up is when you’re making enough to get by.

You’re still living paycheque to paycheque, but you’re surviving. The wolves are no longer at the door.

Spending everything you earn is now a choice.

Saving at this point will require a lot of discipline.

The best thing you can do for your finances at this stage is to create a budget.

Get good at managing your money, look for ways to save more, and pay down bad debt.

Build a small emergency fund that will stop you from going into debt for unexpected financial emergency.

At this level,the need for Investment on personal finance books cannot be underestimated.


Level 2 – Financially Comfortable

By the time you’ve reached level two, your financial house in order, you’ll probably relax a little.

You will be able to live a comfortable life.

You’ll buy a house and a nice car. Then you’ll buy a bigger house and a nicer car.

With no immediate financial threats or incentive to save hard, people remain at this level for years, decades even, and sometimes for the rest of their lives.


To catch the concluding part of this article stay glued to this page on our Friday financial wellness series.


Cheers to your continuous financial wellness.


Got value?, Feel free to hit the share button.


© Olubusayo Akin-Akinbode
Real Estate and Investment Consultant

Thanks for this wonderful tips, I really got value.

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Thanks for this wonderful tips, I really got value.

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Thanks for sharing this piece.l found it really valuable.

Thanks for sharing this piece.l found it really valuable.

Thanks for sharing this piece.l found it really valuable.