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Lots of Nigerians, whether they are self-employed or they work for someone else, struggle with money and that's because as a society we we have very low levels of financial literacy and that is something that I explored as a guest on the show called Chook Your Mouth. For those of you who are long time listeners, you will remember that that's the show on Radio Maria, that is a Pigeon English show. Now for those of you who listen regularly, you remember that the first time I showed up on the show and I had to speak pigeon for one hour straight, I
finished and I was tired and I swore. It is something I would never do again because it's the hardest thing I've ever done in my life. But anyway, they called me back last week and to be honest, at first I was scared. I was like again, another one hour speaking pitch in English. But anyway, my wife overheard the conversation and she just gave me the signal that I should go ahead. So I went ahead and I did it. So I've done it the second time and to be honest, the second time wasn't as bad as the first time.
So I guess the lesson that I've taken from that is the same sort of thing I've always told you guys on the podcast, you know that the first time is always going to be awkward and it's going to be painful, but then the more times you do it, you know, the easier it's going to become anyway. So this is not about my adventures in speaking pitch in English, but rather just to come and share some of the things that we spoke about on the air when we're talking about financial literacy.
Now, even though this is a sales podcast, once in a while I stray into some other topics that I think might be relevant for Nigerian business people who are struggling in business or who are at the early stage of trying to get their business going. So financial literacy, very interesting topic. Oh, by the way, apologies because I'm out and about. I'm actually chilling outside a market today because I'm trying to get my glasses fixed and the ophthalmologist or the ophthal,
whatever is not far from the market. So I just parked where I could and that's what I'm making today's recording. So you're going to hear some noise in the background, you know, people just walking, people Hawking their wares and you know, stuff like that. So apologies for the noise in the background. So back to the topic for today, financial literacy. Now the way I like to define financial literacy is this because the other technical,
technically correct definitions. Sorry about that. So financial literacy for me, when I say financial literacy, I just mean people having a basic understanding about how money grows because lots of Nigerians don't know how you grow money or how you acquire money, how you get money. And in my opinion, the focus of financial literacy is just to make sure that none of us will get stranded all right. And also so that we can avoid the all I put in this, he's not even in Nigeria, I think per SE,
because I thought it was a Niger thing. But after living in the UK and then hearing about starts from America, it looks like this is a global thing. So it turns out that lots of people over the globe just leave hand to mouth. Honestly speaking, I thought it was a Niger thing until I entered UK and I was like, OK, so you know, UK people have the same problem. And then the American was called the Bureau of Statistics or whatever, you know, they release their own figures and it turns out that, you know, even American people have the same problem.
So there are lots of people who are living hand to mouth. So the whole point of financial literacy is just to understand how does money grow? How do you get money? And then also to make sure that we don't get stranded and also so that we stop living hand to mouth so that we can plan and so that we can prosper. Hand to mouth just means, you know, any money will come, you just go drop them, you understand? So money comes in school fees,
money comes in Napa, money comes in flexing, money comes in repair your car. So anyhow, anyhow, money just they miss. So that is what we mean when we say financial literacy. Now on the whole thing of how money grows or how people get money, unfortunately there are no magic ways to acquire money, at least not yet. If you just, if you figure out any magic ways to acquire money, please let your boy know so I can stop struggling.
Let me join you. I get that magic money. Excuse me, but in the meantime, how most people are going to get money is you are either going to sell your labor. Now it's physical labor or mental labor. In other words, you're going to go and get a job or you will sell a product or you will sell a service. That means you will start a business and then eventually, after you've acquired, you know, quite a bit of change, you will start looking for assets to invest in.
Now, an asset is anything that puts money in your pocket or that you reasonably hope is going to put money in your pocket in the future. So for those of you who are running around trying to buy land, you're trying to acquire assets because the hope is that when you buy a piece of land, you're going to be able to sell the land at some reasonable point in the future. Sorry, just one moment. My attention is being required elsewhere.
OK, sorry about that. Remember I told you guys a mountain about and so my attention was being required. So I had just spoken about the first part. That is how money grows. So you grow money or you acquire money by selling your labor. You're going to sell your physical strength or you're going to sell your mental strength. In other words, you're going to be an employee and then you collect a salary or you're going to sell a product or you're going to sell a service.
So you're going to be self-employed, you're going to be an entrepreneur, you're going to be a business owner, you know, blah, blah blah. OK, no, you're going to be self-employed or you're going to be an entrepreneur. Business owners are people who have built systems that exist and can function beyond them. So by the time you're a business owner, you don't have to be in the mix per SE. You can check in once in a while just to make sure things are going, but you don't, you're not necessarily required to be there. 247 like people who are self-employed.
So basically for most people, when we talk about financial literacy, that is what we should expect about how to get money. And now the focus of financial literacy, just remember, the goal is we're trying to make sure we don't get stranded as far as you start your day, you know, you they move and then one emergency, one biggie, something here, something there and then next thing you don't they hang. I would like, oh, who can I
call? Who can wear me this? Who can send me money? Who can do this? Well, I'll go bored, you know, and all these kinds of issues. So that's what financial literacy about shiny. How make a new strand, make a new day stranded. Then this hand to mouth thing just be eating any money that come. You know now we have to plan and we have to prosper. Then we also spoke about budgeting. Now budgeting is twofold and the more we have to understand where is our money going.
Now even from a business perspective, those of you who are on businesses need to understand where is your money going. It is only when you understand first where your money is going that you can now start saying where should I send my money? And those are the 2 main questions when it comes to budgeting. So we suppose they track our expenses on a daily, on a weekly, on a monthly or and if, if you're doing on a quarterly,
then why are they? Because the gap is too is too much, at least my first accountant. That's why he advised me. He said if we're going to be doing this on a quarterly, quarterly basis, it will be inefficient. It will be too much because the paperwork will be too much for him to reconcile and stuff like that. So what he told me to do was he gave me an Excel sheet that had different headings and he told me, look, don't worry about being exact.
Just be putting it where you think it belongs. At the end of the day, he, the accountant was going to now do the gaggle, reconcile everything. You know, if it was in the right place, he would leave it. It was in the wrong place. He would move it. But then I was supposed to have been having meetings every single week to reconcile everything. But shall we should be tracking where our money is going. So it is after we track where our money is going that we can also ask the can I ask the question, where should I send it?
Because you know, like some callers, not just on my own radio show. Because funny enough on the money show based that is done by the CFA society. There's a podcast by the CFA Society. The CFA society is the chartered financial Analyst society. They are that people have the charter holder for. It's a very prestigious financial exam. So people who want to be wealth managers, people want to have a career in finance, you know,
things like that. You know, they, they take the exam. I think currently they're about 400 or maybe about 500 people also in Nigeria who have the qualification. And my wife is one of those people who is currently writing the exams. She has aced Level 1, she passed Level 2IN flying colours and we're currently getting ready for Level 3. So I listen to their podcast anyway because I mean, you never know, you learn stuff from podcasts just like you are learning from my own podcasts right now.
So yeah. So I think was it last week or maybe 2 weeks ago? Yeah. They also have financial refusing on and somebody called and the person was like, look, the whole point of making this money so we go flex now so we go enjoy our life. So like what's all these kind people are saying budgeting, blah, blah, blah, blah, blah. So yes, we suppose flex. But The thing is track where you are spending your money because at the end of the day, you might see that by the end of the month, the money that you spent on QEC, for instance, is like 150K, you know, so Khilishi once in a while is is good like, you know, just enjoy yourself.
You know, some Khilishi, you know, some, some Sharma. If you're like my wife, my likes my wife likes her ugly and Uber, you know, ugly and Uber or she also likes what do you call this thing catfish, this pepper grilled grilled catfish. You know, if once in a while you want to enjoy yourself, no problem. But honestly speaking, if you track your money and you see that every single month you're spending like 200K or catfish pepper soup, OK, if you can afford it, OK, no problem.
If you consciously want to be spending 200K on catfish pepper soup, no problem. But if you're struggling and you're living hand to mouth and you look all your expenses and you see that last month, 200K catfish pepper soup, only now you know that you can start taking dressing. So that's why this first part of where's my money going? You suppose they track your expenses and if you get an accountant, it's one of the first things that I'm assuming any Nigerian accountant will have you do OK, look here's the excel sheet or here's the paper or begin the snap and send me receipts or whatever methods are there'll be this thing of let's track the expenses.
Let's see where the money is going before we now, you know, before then I start advising you that, you know, you suppose don't like this, You suppose don't like this or before they now prepare your what's it called? Statement of accounts and all that. So the first part, where's my money going after that? Where am I supposed to send my money? Then we also spoke about the differences between saving and investing because the host of the show wanted to know that what's the difference self?
That's either way, I'm putting money away. What's the difference? And so I had to explain that, look, saving is different from investing because when you're saving, you're just putting money aside. So like in this part of the world, people do Kolo, they do Isusu, they do BAM, they do cooperative, they do, you know, all those kind of things. And then some people savings account. Now, whether you do savings account or Kolo or Isusu or Bam or whatever you do, you call it in your own language or you know, for those of you who are,
you know, traders maybe like international, like international marketing, Markudi or trade fair complex in Abuja or in Lagos or you know, whatever these collections that you know, you people do amongst yourselves. So the way I explained it is this, when you're doing a saving thing, whether you're doing a personal, personal or whether you're doing it as a group, the focus is the money you put is the money you expect to get.
So in your color, in your ban, in your market association, or some people even do it according to families, you know, their families that do it, you know, like cousins can get together. Like in my own family, we don't do that. But their families that do that, you know, families where they trust themselves. You know, unfortunately my whole family, if you try that kind of shit, some guys, you don't disappear with the money before,
you know, your cousin has your cousin has disappeared while I go there and you know, lead to all kinds of infighting. So yeah, in my family, you know, we never mature reach that level. So in my family, we, we don't, we don't try it at all. We don't mix money issues. So both our families do it. So if everybody's coming together every single month and every single cousin is dropping like 250K every month at the end of the year, the everybody's expecting to collect 250K times 12, nothing more.
You are dropping 250K every single month religiously. You know, if you skipped a month or two at the end of the year, what you're expecting to collect is 250K times the 10 months that you dropped or times the 11 months that you dropped, nothing more. That is savings. That is what people do in Colo. That's what people do in social, that's what people do in Bam. The money you dropped is the money that you collect now for savings.
On the other hand, people hope that when you're dropping this to 252-250-2250, you're hoping that at the end of the year you collect the 2250 plus something small on top. So any current arrangements where you're expecting to get something on top, that's typically what we call investing. So if you're expecting to just get your money back as it is, security of assets, security of deposit and drop money on collector, that is typically a saving thing.
But then if there's any hope that this money will grow, that the money will accrue something, then we're talking about investing. Now just for risk appetite and to set the right level of expectations, please, This is how it works world over, not just Nigeria. If you want to collect high returns, high investment, at the end of the day, just know that whatever business it is that is being invested in is going to be a very risky thing.
Then if you're OK with low returns because you want your money to come back to you safe and sound, you are going to be dealing in very low risk things. So like let's say Nigeria now for instance, treasury bills, that's the easiest thing anybody can do. You know, let's say you have a good year, you had 10 clients, each client paid you like you know, 33 M and then maybe you're living below your means. You didn't spend too much.
So at the end of the year, you know, you have, oh gosh, I can't remember my math. What did I just say now? Well, as I said, 10 clients, 33 million, that's 30 million. Maybe you're able to live on 10 and then at the end of the year, you now have 20. So if you take that 20 million, you don't want that 20 million to miss. You put it in treasury bills. Now treasury bills doesn't give much returns. I don't know what it is now currently, but I remember that when my our first born, that's my, my first boy, my first baby boy when, when he was born.
I know that I think treasury bills, then I was able to find like 1617% on the money. And then there's the time that things are really bad and you get maybe like 3% on the money. So if you're only getting 3% on your 20 million, you can see that that money is not much, but that's how it works. So if you want that at the end of the year, you want to collect your 20 million back, you don't want to hear a question mark, you don't want to hear a story.
You don't want to hear one thing, one thing. This thing happening economy do like this economy do like this dollar rate, this dot dot dot dot. You don't only hear a story. Then you have to be satisfied with low rates. But then if you want high rates, you want to double your money, you want to triple your money, you want to 10 extra money, you want to quadruple your money. Just know the high high rate means high risk, OK?
You guys just know it. The reason why is because there's some people who reach out to me like one guy who had 700 and he was trying to see what he could drop. And then that 700 would have become 1.4. You know, I had to let the guy know realistically, like dude, not be so you have 700 K, you want to drop 700K now at the end of the year you collect 1.4. If it was like that and it was like that easy. You don't think me, I'll raise 10 M from people and then drop 10 M so that at the end of the year and I have 20.
It's not that easy. And then another guy who called in on the radio show and for him he had 300 and he wanted to see he wanted to see what he can do that he would drop down 300 by the end of the year. The thing will appreciate you will have at least you have like that kind of 600. So the guy is even be more aggressive. He has 300 by the end of the year. He wants to be able to have excuse me, he wants to be able to have 400 extra.
So just notion that if you want your money back safe and sound and secure, you're going to be dealing in instruments that have low risk. But then if you want, you want aggressive returns, you want to double your money, you want to triple your money, you want 75% returns and no problem just with the high risk good they involve. So guide yourself accordingly. Talk to your lawyer, talk to your stockbroker. If you're somebody like me who doesn't know money issues that much, then you don't marry a woman who knows about money and she will advise you accordingly.
But anyway, you suppose that educate yourself and you have a basic level of basic level of education. So that's the difference between savings and investment. So for savings, the idea is capital should be secure as I drop it. That's how I want to pick it. The capital must be secure. And then for savings, the focus typically is, you know, emergencies, rainy days, you know, school fees. So for those of us who are parents, you know, that's how we run it.
So you do, you know, one or two jobs, you get some, some good money, some good coins. You know, you have maybe like I kind, you know, maybe 10510 and you say, ah, correct, you're just going to put it in school fees account. So you just know that, Oh, you know what for the next. And depending on the kind of school that you're in, because my cousin is in, he lives in Abuja and he has three kids. And then when he heard how much we're paying and Abuja, the girl was like, eh, he said, he said how much?
And I told him, he said guy is a lie. I said what do you mean is a lie? So how much I pay in the school fees for his three kids in Abukuta, you won't believe the guy is paying 700K for the three terms. In fact, when I was telling my auntie, my auntie said sorry, how much? My auntie was thinking that for the three children, it was 700,000 for one term. No, for the three children, it's not 700 for one term. For the three children, it's 700,000 for three terms.
That's in this year, in in 2026. Now I'm making this recording. So what was that now? So savings now. So if you're right, if you're that kind of person and you do a job and then, you know, money comes in, you know, 5 AM, 10 AM. You say, OK, no problem. Let me just remove 5. I'll put in school fees and you're paying 700 a year. You now know that. OK, you know what? My children's school fees are sorted basically for the next 4
years, four years, five years, Abby, if my math is correct. So typically that's what savings are for in this part of the world. That's what we do, emergencies and you know, stuff like that. Then now the section that I wanted to explore with listeners of the podcast today, because a lot of us are business owners and self-employed, managing debt, debt, DEBT. Now, forgive me, I know I don't pronounce this correct. I know that there's a podcast listener who reached out to me.
To correct me on how I pronounce some of these words, you know, I beg Novak is one of these things Mumsy has been trying to correct me. And The thing is, you know, I say one way that somebody corrects me and then I say it another way and somebody corrects me. So to be honest, I don't even know again, but I'm just going to say debt. And by debt I mean borrow, borrow, I mean loan. I mean you go and collect money from people.
So that's what I mean. So we had a conversation around managing debt because people think that all debt is good debt from a business perspective and even from a personal perspective, not all debt is good debt. So if you collect debt, borrow, borrow, you'd like to go and take money from people, but you use money to acquire assets. That is good because an asset is something that puts money in your pocket today or you have a reasonable hope that is going to put money in your pocket in the future.
Now the thing with assets is that you have a reasonable hope of paying the money back later on. So back to the example that I gave that I say you, you know, you like to borrow, borrow, borrow. You go and borrow money from your cousins, but you are trying to buy one or two plots in Abuja or one or two plots in Lagos. Now the hope is now plot should be able to appreciate reasonably in a certain amount of time and you'll be able to sell off the land and pay your cousins back or you'll be correcting rent and then you pay your cousins back.
So that kind of debt is good debt because you're using the debt to acquire assets. And the example that I gave is our boy Dangote. So Dangote now is, you know, he talks about opening the port in, I can't remember, is it Cross River State or whatever, you know, and the the project is leveraged. When you say leverage, you mean that the guy, the guy has borrowed money from banks, you see. So he's borrowing money from banks to open the port because he's hoping that this is an asset that is going to bring in money at a reasonably a reasonable time soon to come because the pot is not going to be for free.
You know, freight forwarders will be paying their levies. People who have come and pack sheeps to upload will pay their, you know, whatever. And you know, it's a money making venture. So down with it. Borrowing money to open a port that is good debt. Then bad debt is when you borrow, borrow when you borrow money. But then you just you know, you just eat everything consumables. So you go and borrow money from your cousins, but then you use the money to go and marry a brand new wife.
That is bad debt. Bad debt. You already have one wife. You're quarreling with one wife. You go and borrow money from your cousins to go and marry a second wife. Why is the wife going to? Is the wife going to generate income enough to pay the money back to your cousins? You should be reasoning this thing. Some of you say, why am I come up with these examples? Because it's real life, real. My wife a couple of years ago,
it was a time that in our in our company, everything did well. So you know, they declared bumper harvest for everybody and you know, they gave everybody nice package, nice package. That's how long I went to go and marry wife, one of our brothers. You know, when I saw our brothers, you know what I mean? Now, because I'm from Benway State, so Benway, NASA, Rawa, Plateau, you know, Taraba had that area be having to go and marry a brand new wife.
And you know, I've heard the guy's name before. It's like the guy is not married the whole he has kids. I say yes, no, that he has two wives. And I say see, see our people, see our people, you get some good income. What you do is you go and marry a brand new wife. So anyway, I didn't make this thing up. It happens. This is Nigeria, it happens. So raising money to buy land, good debt, raising money to buy equipment for your business,
good debt, raising money because you want to buy a brand new car, maybe not raising money because you want to marry a new wife, maybe not raising money because you want to buy iPhone 17, I guess is not a good idea. Although there's some women that have argued with me that you can never go. You never go wrong in raising money to to buy gold, to buy jewelry. And, and The thing is, you know, I'm like, I don't know anything about precious metals, but honestly, I don't know anybody who has lost money buying gold.
Funny enough, like my mom, because she used to buy gold, you know, when she was much younger, but now she can't be bothered about gold. And so there's one time that, you know, she has some extra cash and she was doing a bunch of stuff. And I was like, Hey, mommy, where did this money come from? Because my mom is retired and she was like, Oh, I sold off all my gold. I say, you don't mean this for how much? And then she told me and then plus inflation, it doesn't look like it was a bad deal.
She's actually that just not a bad deal that she said she was shocked, seriously shocked. So I'm not saying you should go out and buy gold. I'm just saying that there's a woman who like to argue with me who say that, look, this gold that I'm buying, this necklace that I'm buying, this ring that I'm buying this blah, blah, blah, blah, blah. That is an investment. And I will say how this thing is not an investment. You're buying.
You're buying all these things so you can flex, so you can look fly. Those say do an investment. So yes, I just want to let you know, yes, some people make that argument, but you know, I'm not I'm I'm not an expert in precious metals. So for those of you who know about precious metals, I'll leave you guys to that. So that's the thing about that then, OK, We also had a segment on protecting your wealth. Now there's one thing I didn't talk about that I heard on the CFA show, the CFA, sorry, the money show by the CFA Society Nigeria.
So it's a really interesting podcast. Go ahead and listen to it. If you are interested in, if you're a layman like me and you're interested in financial matters, you know, it's not a bad way to to, to learn and to grow. And also, if your partner happens to be studying for the CFA, it will be a nice way for you to bond because you can say, hey, babe, or you know, you can say, hey, babe. I was listening to the CFA show today.
They were talking about this or talking about that and you guys can talk and you know, you can't bond. You know, it's nice. It builds A marital, marital. What's the word? Is it intimacy, a big unity or stuff like that? So, yeah, it's, it's a good one. It's something I heard when I was little. People used to say like, oh, if your husband likes football, watch football with him. You guys grow closer. If you're like, if your wife likes Desperate Housewives, you know, watch Desperate Housewives with her, you guys grow closer.
By the way, no one actually is correct because my wife, she's a maniac when it comes to, sorry, not Desperate Housewives, Real Housewives, any Real Housewives, my, my wife, they watch out. So do you know that these Real Housewives of South Africa, these Real Housewives London, these Real Housewives where again, they just, they release them anyhow, anyhow, anyhow, you know, Real Housewives of Lagos and like, OK, if they open a new franchise, my wife has watched it.
So there's one thing I used to abuse her and her friend, her friend Jugo's Ojugo, because Odugo is also a lawyer and my wife is a lawyer and you know, they're both going to qualify for CFA soon. So that means a very smart woman. They know about financial matters very well, you know, respected in the organization that they work at, very, very smart woman. And then I look at them and I say, look, Odugo and then I call my wife.
I say, like, how can people be watching this kind thing? Are you an educated woman? How can you be watching this thing? They will laugh and they'll say, leave us, Jerry. So anyway, well, what was that? Yeah. So it builds a maritalism is yeah. So whatever it is your spouse is doing, just trying to get an interest. What was I? How did I get here? OK, so the money shows CFA. So they said, look, protecting your wealth is the final part of financial literacy.
And so #1 the guy advised that you live within your means, live within your means. Live within your means. Don't spend more than you have that in fact, in fact, I think that's one of the things my mom tries to tell me because anytime I'm talking to a customer and we get to the payment stage, the moment we start talking money in my head, I've already started calculating everything now. OK, OK, cool. So, so so million, they come.
So therefore, I'll put this one here. I'll put this one here. I'll put this one here. My mom should be saying, look, young man, stop this thing. You only you only spend money that you have. Because sometimes when you're talking with the customer, especially the money is sweet, the money is good. You look at this and you say and at 20 million they come. So you will now start actually planning one or two things. You know, you actually start dropping money on one or two things.
The problem with that kind of movies, you know, sometimes the talks will now fall apart. The money won't come again. We're now day stranded. You see, financially, Tracy, remember the goal is more no get stranded. We should not be doing hand to mouth. We should plan and prosper no matter of hand to mouth, hand to mouth. So live within your means. That's one thing I forgot and I had on the CFA show, so sorry, the money show on the CFA
Society of Nigeria. So I'm repeating that one here. Well, some of the things I spoke about on my own show, I told people that look, avoid Ponzi schemes, avoid MLM and avoid Wonder Bank. So all these things of one person should recruit 2, two people should recruit 4, four people should recruit 6-6, people should recruit 12. Avoid all those things, Anything that involves recruitment, avoid it please, except if it's a genuine MLM that's a multi level marketing scheme.
In that case, as you're recruiting people, you should be expecting to sell the product because the money that you're going to commissions, you're going to enjoy, you know, will be from everybody's sales. So expect to be doing plenty of selling, selling, selling. Then avoid wonder banks. All these people that say give us 300,000 naira, put it in our savings account and by the end of the year would have tripled your 300. 1000 will now be 900,000.
Avoid wonder banks. So for me, for me as a layman, when we talk about protecting your wealth, this is the first thing I say in Nigeria in 2026, please. We've gone a while without hearing any big Ponzi scheme. But I know it's only a matter of time. Next year another one will come they always do Ponzi scheme MLM wonder bank. Please leave them then other ways of protecting your assets. Insurance can insure your assets, you know insure your buildings, you know insure your property so that you know if any castle happens you know at least we get the money back from the insurance scheme.
Then there's some people who use life insurance as a savings tool was an investment tool because there's some in insurance products now at least in Nigeria anyway that they put a savings component. So whether you claim the insurance or not, you're going to be able to get a certain amount of money back after a certain period of time as more than we wouldn't have educational competence attached to it. So educational incentives attached to it.
So that as you're dropping this money, if anything happens to you, your children's school fees are going to be paid off completely. But you know, if nothing happens to you at the end of a certain period, when the team mature, you'll be able to collect the money and use it towards school fees. So anyway, speak to your insurance broker, your insurance advisor and they will tell you about all the different things that you can do.
Then when I was a boy, my young, my, my old man, my dad, he told me, he said Tavishma. I said yes, dad. He said don't make the mistake that I made and I was wondering OK, what mistakes I was because I thought was going to give me the lecture about women because you know, unfortunately I'm most Nigerian. My father made some questionable choices, you know, if you understand what I'm saying. So that's the reason why I happened.
This whole woman matter or something, you know, one man, one wife, just more than managing herself because unfortunately when by the time you start evolving, you know, 2-3 other people, you don't complicate your matter. Seriously, you understand, right? For those of you who get what I'm saying, especially men, please clock it. And what is enough for the West? So I thought was going to give me the lecture about women, but then he said don't only rely on one stream of income.
I said, oh, OK, yes, Sir. So that is where my journey on some of these things began because my father said do not rely on your one stream of income. And I think makes sense as I protect your wealth. If you have two, 3, four sources of income and one level of income choke, you know, the other one should be able to provide. All right, then let's see. OK then to protect your wealth. There's also stuff around retirement planning and planning for your future, you know, stuff like that.
So these are all important things that we ought to do. Now remember, I am not a financial planner. I'm not a financial anything, anything wanting, wanting, wanting. What I am is I'm a sales coach and I'm a business development consultant. So what I do is when we're sitting down and looking at your situation, I'll try and see how you can get more revenue by selling better, how we can grow your business by selling better.
So that is my focus. So all the things that I've spoken about here today, please don't call me if you have any of these problems, all right, But you have a problem with your business, you have a problem with top line, you have a problem with bringing revenue, then call me, send me a text message or WhatsApp message on 0806466 2140. So thank you very much for your time and attention. I'll catch you some other time and please take my suggestion seriously.
If you're interested in these sorts of things, just listen to the The Money show. There are lots of shows called the Money shows. So just make sure it's the one that is hosted by the CFA Society of Nigeria, CFA Chartered Financial Analyst. Now, I am not affiliated with them in any way. They are not paying me money. I just think it's a useful podcast that I listen to from time to time, especially since my wife is getting ready for level Level 3.
Yeah, Level 3 exams. So yeah, that's it. So thank you very much for listening. I'll catch you all some other time.