₦airaland Forum

When you live in a country like Nigeria where a lot of things are not working, you think that your finances will change when you relocate abroad. You think so because you link your financial problems with the condition of the country. You assume that changing your location will solve your financial problems. Although this is common thinking. This thinking is inaccurate. Relocating abroad will not solve your financial problem. This is because financial problems are not caused by the conditions of the country you live in. If the external environment were responsible for making people rich or poor, everyone in Nigeria will be poor and all the people in developed countries will be rich. But this is not the case. We have people with legitimate wealth in Nigeria and some of your relations who traveled abroad are still struggling financially. This proves that the external environment has little to do with your current financial condition. Even if Nigeria becomes perfect tomorrow night the condition of your finances will not change. If the electricity, our leadership, and the road become what it should be tomorrow your bank balance will not increase. The Central bank will not suddenly transfer some money into your account. Financial problem is a personal problem and not a country affair. When a country has a perfect external environment it improves the living condition of the people and not their financial condition. The financial condition of a people can only improve when they increase their capacity to earn more income. Earning more income requires that a person develop certain abilities to solve problems. Solving problems means living in a place where problems exist. When you live in a country like Nigeria with many problems you understand the pain of problems can relate to the average person and are better equipped to solve the problems. Solving problems means adding value. When you add value you expose yourself to wealth creation opportunities. It is these opportunities that will change your financial situation. To add value you need certain abilities. There are three abilities you need. The first is the ability to produce. The second is the ability to Manage and the third is the ability to bounce back. It is these three abilities that will make you earn more income.

Your ability to produce (P) is your ability to use certain raw materials to create products and services that can produce income. There is only one raw material you have as a human being. This raw material is all you need to create the wealth you want. This raw material is the Idea raw material. Ideas are the only raw materials you need to create wealth in the world. But Ideas in its raw state cannot make your rich. You need to add value to your ideas to make it valuable. To add value to your ideas you need to master three skills. The first skill is thinking skills. That is your ability to use your thoughts to create and improve your ideas. The second skill is Creative skills. That is your ability to convert your ideas into valuable products and services. The third skill is marketing skills. That is your ability to exchange your products and services for cash. To earn more income from your ideas you need to convert them from raw materials to valuable and profitable products. People with only natural ideas are poor people. Ideas will not make you rich. It is your ability to add high demand value to your ideas that will make you rich.

The second ability you need is the ability to manage. The ability to manage is your ability to use financial resources in the most effective way that increases and preserves its value. Management is the effective, timely, and correct use of financial resources. To manage money well, you need to master four other sub-abilities. The first is the ability to budget. That is your ability to have a progressive plan for your money. The second is your ability to save beyond average. That is your ability to keep more of the money you earn. The third is your ability to invest correctly. That is your ability to grow and preserve your savings through strategic goal-based investing and the fourth is your ability to manage debt. That is your ability to leave below your means. These four sub-abilities are what you need to manage money well and live a financially stable life.
The Third ability you need to add value is the ability to bounce back. That is your ability to quickly recover from financial setbacks and emergencies. Everyone goes through financial setbacks. But the degree of financial setbacks you suffer is dependent on the quality of your money management skills. A life full of emergencies is a life lacking in accurate financial planning. When financial setback happens, it is your ability to bounce back that will save you. To bounce back from financial setback you need to do three things. First, you need to anticipate setbacks. Second, you need to be financially prepared long before there occur. Third, you need to have a setback recovery plan. It is these three things that will increase your ability to bounce back. Bouncing back is the only way to continue moving forward with your financial goals.
Your ability to produce, your ability to manage, and your ability to bounce back are the three abilities you need to improve your financial situation at home or abroad.

So what then can you do to develop these abilities?

To develop these abilities and improve your finances, you need to work with a wealth advisor that can help you. The job of a wealth advisor is to help you paint a clear picture of the financial life you want to create and then work with you to achieve it.

No amount of praying, hoping, and changing location will change your financial situation. Your financial situation will only change when you develop the right capacities. To learn more Click HERE

MrSolidWealth:
When you live in a country like Nigeria where a lot of things are not working, you think that your finances will change when you relocate abroad. You think so because you link your financial problems with the condition of the country. You assume that changing your location will solve your financial problems. Although this is common thinking. This thinking is inaccurate. Relocating abroad will not solve your financial problem. This is because financial problems are not caused by the conditions of the country you live in. If the external environment were responsible for making people rich or poor, everyone in Nigeria will be poor and all the people in developed countries will be rich. But this is not the case. We have people with legitimate wealth in Nigeria and some of your relations who traveled abroad are still struggling financially. This proves that the external environment has little to do with your current financial condition. Even if Nigeria becomes perfect tomorrow night the condition of your finances will not change. If the electricity, our leadership, and the road become what it should be tomorrow your bank balance will not increase. The Central bank will not suddenly transfer some money into your account. Financial problem is a personal problem and not a country affair. When a country has a perfect external environment it improves the living condition of the people and not their financial condition. The financial condition of a people can only improve when they increase their capacity to earn more income. Earning more income requires that a person develop certain abilities to solve problems. Solving problems means living in a place where problems exist. When you live in a country like Nigeria with many problems you understand the pain of problems can relate to the average person and are better equipped to solve the problems. Solving problems means adding value. When you add value you expose yourself to wealth creation opportunities. It is these opportunities that will change your financial situation. To add value you need certain abilities. There are three abilities you need. The first is the ability to produce. The second is the ability to Manage and the third is the ability to bounce back. It is these three abilities that will make you earn more income.

Your ability to produce (P) is your ability to use certain raw materials to create products and services that can produce income. There is only one raw material you have as a human being. This raw material is all you need to create the wealth you want. This raw material is the Idea raw material. Ideas are the only raw materials you need to create wealth in the world. But Ideas in its raw state cannot make your rich. You need to add value to your ideas to make it valuable. To add value to your ideas you need to master three skills. The first skill is thinking skills. That is your ability to use your thoughts to create and improve your ideas. The second skill is Creative skills. That is your ability to convert your ideas into valuable products and services. The third skill is marketing skills. That is your ability to exchange your products and services for cash. To earn more income from your ideas you need to convert them from raw materials to valuable and profitable products. People with only natural ideas are poor people. Ideas will not make you rich. It is your ability to add high demand value to your ideas that will make you rich.

The second ability you need is the ability to manage. The ability to manage is your ability to use financial resources in the most effective way that increases and preserves its value. Management is the effective, timely, and correct use of financial resources. To manage money well, you need to master four other sub-abilities. The first is the ability to budget. That is your ability to have a progressive plan for your money. The second is your ability to save beyond average. That is your ability to keep more of the money you earn. The third is your ability to invest correctly. That is your ability to grow and preserve your savings through strategic goal-based investing and the fourth is your ability to manage debt. That is your ability to leave below your means. These four sub-abilities are what you need to manage money well and live a financially stable life.
The Third ability you need to add value is the ability to bounce back. That is your ability to quickly recover from financial setbacks and emergencies. Everyone goes through financial setbacks. But the degree of financial setbacks you suffer is dependent on the quality of your money management skills. A life full of emergencies is a life lacking in accurate financial planning. When financial setback happens, it is your ability to bounce back that will save you. To bounce back from financial setback you need to do three things. First, you need to anticipate setbacks. Second, you need to be financially prepared long before there occur. Third, you need to have a setback recovery plan. It is these three things that will increase your ability to bounce back. Bouncing back is the only way to continue moving forward with your financial goals.
Your ability to produce, your ability to manage, and your ability to bounce back are the three abilities you need to improve your financial situation at home or abroad.

So what then can you do to develop these abilities?

To develop these abilities and improve your finances, you need to work with a wealth advisor that can help you. The job of a wealth advisor is to help you paint a clear picture of the financial life you want to create and then work with you to achieve it.

No amount of praying, hoping, and changing location will change your financial situation. Your financial situation will only change when you develop the right capacities.

U are beautiful.

It can help you but, if you don't change you wouldn't become rich.....

I won't say much but Nigerian youths born in the 90s believe and swallow this at your own perile. Your 40s and beyond will be filled with regrets. Even if you manage to be amongst the top 1 percent, Goodluck enjoying that money in the midst of poverty.

I like your post...couldn't agree more. Out of chaos comes order. Most industries in Nigeria are still developing leaving behind immense opportunities for innovation, manufacturing and diverse business growth opportunities.

Thanks for your post. While only a few will see sense in what you wrote, just know some Nigerians share your perspective outright.

MrSolidWealth:
When you live in a country like Nigeria where a lot of things are not working, you think that your finances will change when you relocate abroad. You think so because you link your financial problems with the condition of the country. You assume that changing your location will solve your financial problems. Although this is common thinking. This thinking is inaccurate. Relocating abroad will not solve your financial problem. This is because financial problems are not caused by the conditions of the country you live in. If the external environment were responsible for making people rich or poor, everyone in Nigeria will be poor and all the people in developed countries will be rich. But this is not the case. We have people with legitimate wealth in Nigeria and some of your relations who traveled abroad are still struggling financially. This proves that the external environment has little to do with your current financial condition. Even if Nigeria becomes perfect tomorrow night the condition of your finances will not change. If the electricity, our leadership, and the road become what it should be tomorrow your bank balance will not increase. The Central bank will not suddenly transfer some money into your account. Financial problem is a personal problem and not a country affair. When a country has a perfect external environment it improves the living condition of the people and not their financial condition. The financial condition of a people can only improve when they increase their capacity to earn more income. Earning more income requires that a person develop certain abilities to solve problems. Solving problems means living in a place where problems exist. When you live in a country like Nigeria with many problems you understand the pain of problems can relate to the average person and are better equipped to solve the problems. Solving problems means adding value. When you add value you expose yourself to wealth creation opportunities. It is these opportunities that will change your financial situation. To add value you need certain abilities. There are three abilities you need. The first is the ability to produce. The second is the ability to Manage and the third is the ability to bounce back. It is these three abilities that will make you earn more income.

Your ability to produce (P) is your ability to use certain raw materials to create products and services that can produce income. There is only one raw material you have as a human being. This raw material is all you need to create the wealth you want. This raw material is the Idea raw material. Ideas are the only raw materials you need to create wealth in the world. But Ideas in its raw state cannot make your rich. You need to add value to your ideas to make it valuable. To add value to your ideas you need to master three skills. The first skill is thinking skills. That is your ability to use your thoughts to create and improve your ideas. The second skill is Creative skills. That is your ability to convert your ideas into valuable products and services. The third skill is marketing skills. That is your ability to exchange your products and services for cash. To earn more income from your ideas you need to convert them from raw materials to valuable and profitable products. People with only natural ideas are poor people. Ideas will not make you rich. It is your ability to add high demand value to your ideas that will make you rich.

The second ability you need is the ability to manage. The ability to manage is your ability to use financial resources in the most effective way that increases and preserves its value. Management is the effective, timely, and correct use of financial resources. To manage money well, you need to master four other sub-abilities. The first is the ability to budget. That is your ability to have a progressive plan for your money. The second is your ability to save beyond average. That is your ability to keep more of the money you earn. The third is your ability to invest correctly. That is your ability to grow and preserve your savings through strategic goal-based investing and the fourth is your ability to manage debt. That is your ability to leave below your means. These four sub-abilities are what you need to manage money well and live a financially stable life.
The Third ability you need to add value is the ability to bounce back. That is your ability to quickly recover from financial setbacks and emergencies. Everyone goes through financial setbacks. But the degree of financial setbacks you suffer is dependent on the quality of your money management skills. A life full of emergencies is a life lacking in accurate financial planning. When financial setback happens, it is your ability to bounce back that will save you. To bounce back from financial setback you need to do three things. First, you need to anticipate setbacks. Second, you need to be financially prepared long before there occur. Third, you need to have a setback recovery plan. It is these three things that will increase your ability to bounce back. Bouncing back is the only way to continue moving forward with your financial goals.
Your ability to produce, your ability to manage, and your ability to bounce back are the three abilities you need to improve your financial situation at home or abroad.

So what then can you do to develop these abilities?

To develop these abilities and improve your finances, you need to work with a wealth advisor that can help you. The job of a wealth advisor is to help you paint a clear picture of the financial life you want to create and then work with you to achieve it.

No amount of praying, hoping, and changing location will change your financial situation. Your financial situation will only change when you develop the right capacities.

tensazangetsu20:
I won't say much but Nigerian youths born in the 90s believe and swallow this at your own perile. Your 40s and beyond will be filled with regrets. Even if you manage to be amongst the top 1 percent, Goodluck enjoying that money in the midst of poverty.

you again LOL

you just hate this country likie you dont belive this country can move

softplace:
you again LOL

you just hate this country likie you dont belive this country can move

Bros look all around you. Does this country look like it's moving in anyway. I did some deep thinking today and if I have a child today in Nigeria I won't even be able to give them what my parents gave me in terms of education and everything. We are getting much poorer with each passing generation. From a growing thriving economy on the early 2000s to poverty capital of the world and estimated that 40 percent of the world's poorest people will be Nigerians in 2050. The future is so bleak. Look at Buhari presidency. 8 years wasted with no single achievement 8 fucking years. The next person after him will be worse that's another 8 years gone. 16 years of people's lives wasted like that.

tensazangetsu20:
Bros look all around you. Does this country look like it's moving in anyway. I did some deep thinking today and if I have a child today in Nigeria I won't even be able to give them what my parents gave me in terms of education and everything. We are getting much poorer with each passing generation. From a growing thriving economy on the early 2000s to poverty capital of the world and estimated that 40 percent of the world's poorest people will be Nigerians in 2050. The future is so bleak. Look at Buhari presidency. 8 years wasted with no single achievement 8 fucking years. The next person after him will be worse that's another 8 years gone. 16 years of people's lives wasted like that.

well you just need to stay positive and work hard

Well the countries you believe are made who made them?. These countries were built with sweat, blood, tears, and wars. If we are not ready to sacrifice for our own country what give us the right to complain? Leaders create value from thin air they don't wait for things to be perfect. Managers wait for things to be perfect so they can manage. I am not immune to hardship in this country. But rather than complain, pray or wait for a Miracle, the perfect president or an angel to come and save us am doing two things instead. Becoming the best version of myself so I can be ready to solve the problem that I complain about when the opportunity presents itself and contributing that best version to the world in my little way. The most embarrassing thing in the world is for a person to be given the opportunity to fix the things they complain about and for them to have no effective and ready solution to deliver. We are here today chatting and venting because the owner of Nairaland decided to create this platform despite the discouraging envronment. Opportunities abound in this country. If we all can solve just one problem our children will have a better country to call home. A great country is just a country where people have solved many problems. So maybe what we truly need are Problem solvers not managers.

Nice

tensazangetsu20:
Bros look all around you. Does this country look like it's moving in anyway. I did some deep thinking today and if I have a child today in Nigeria I won't even be able to give them what my parents gave me in terms of education and everything. We are getting much poorer with each passing generation. From a growing thriving economy on the early 2000s to poverty capital of the world and estimated that 40 percent of the world's poorest people will be Nigerians in 2050. The future is so bleak. Look at Buhari presidency. 8 years wasted with no single achievement 8 fucking years. The next person after him will be worse that's another 8 years gone. 16 years of people's lives wasted like that.

How come foreigners and people that return from abroad are making it here while you complain.

sexylassie2:
How come foreigners and people that return from abroad are making it here while you complain.

Statistics please i love hard data. Population of people applying for Canada express entry has more than quadrupled over the past few years while American visa acceptance rate fell from 40 percent in 2008 to over 70 percent in 2019 ending with an outright ban for immigration visas for Nigerians.

The hustle to flee is real.