The ultimate financial plan, towards financial freedom.
What you are about to read is very powerful…
How to Save and Invest – The Formula That Brings Money. No matter what you do for a living, you stand a chance to grow into a millionaire by following this simple strategy.
…and I wish someone had shared this with me when I started some years ago.
Because in just ONE YEAR of learning this formula…i made MORE MONEY than i have EVER made in the past years – combined
So read carefully
Table of Contents
Do you know how much it will cost you to live a rich life?
Let’s do the maths
A Semi detached duplex House – ₦120 Million naira
RX 350 Car – ₦20 Million naira
Living Expenses for 2 Years – ₦50 Million
Total = ₦190 Million
The question is – you want to be rich, But can what you do now help you hit ₦190 Million in the next 5 years?
Can it bring it in CONSISTENTLY?
If your answer is no, then you need a different strategy!
I did the maths myself, and discovered I needed ₦500 Million to live a rich life.
That is when I discovered & started using the formula of wealth & in one year – my income SHOT UP.
Here is the formula on how to save and invest.
Wealth = Earning x Savings x Investing
This formula simply means – To finally hit your rich life goals: Increase your daily earnings, save most of it – then when that saving grows INVEST most of it and it will yield more money
Here is a Real life example (and feel free to copy this) –
More than a year ago I set up a ‘’rich life funding business’’
a ‘’rich life funding business’’ is simply a business that helps me RAISE money to live my life.
The goal is to make ₦20,000 – ₦50,000 EVERY DAY from that business [On average – it can be more on good days]. Even if you earn ₦20,000 monthly, you can do this. Here’s how to.
In 30 days, a ₦50,000/day business will bring in = ₦1.5 Million
Next is I saved every single kobo of that cash flow
When it reached about ₦20 Million I Invested it all in ONE BUSINESS [If things go well – this investment will shoot up your income will & you get closer to your rich goals]
Look at the formula again: Wealth = Earnings x Savings x Investing
[If you follow this formula your life changes – you can use it to raise money for a car, raise money to relocate abroad or raise money to fund your dream business]
The rule of this formula is simple –
Set up a ‘’rich life funding business’’. Take the business seriously.
Make sure you make money daily or monthly – You can save daily or even monthly.
Save almost every penny – the more you make, the more you save.
…and in time you’d have a stash to chase your dreams.
I’m earning around ₦20,000 monthly, how can I apply this
It’s still the same strategy. You have to save a portion of the money. For example, saving ₦7,500 every month. While doing this, you have to reduce your expenses and endure the moment. Recall, “Success comes at a cost”.
7,500 * 4 means you have ₦30,000 after 4 months of saving. This amount is enough to start a business.
What Business Can You Start with ₦20,000, ₦25,000 or more?
- Local Dropshipping
Local Dropshipping involves contacting vendors on jiji whose products are very cheap, you make patnership with them. Then you run Ads or market their product asking for double of the original price. Whenever you see an interested buyer, you simply pay the vendor and the vendor will deliver the product to the buyer. The vendor will send you your money after removing the delivery fee. A free training will be made on this soon. Subscribe to our newsletter so you don’t miss it or Join our telegram community.
Let assume the vendor is selling the product for N15,000 and you sold it for N27,000. You have made a profit of N8,000. You still have N15,000 left from your savings and an additional N25,500 if N1,500 delivery fee is removed. Now re-invest everything back to this business while maintaining your low-key life.
With 10 sales that month, you’ll have made ₦270,000 revenue and ₦80,000 naira profit. You can start practicing the Wealth = income * savings * investment strategy from here while staying away from liabilities.
Liabilities is when you are spending you revenue on non business expenditures.
2. Affiliate Marketing
Similar to the No1 but here, you don’t buy the product from the vendor. You simply bring buyer to the vendor, and the vendor pays you a percentage commission. A Complete step by step training is also coming up for this. Subscribe to our newsletter so you don’t miss it or Join our community.
3. I found an interesting thread on Nairaland where youths share how the made their 1st million naira and the kind of business they did to achieve it. Find it here.
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