All tagged pension

Five Proven New Year Goals For Financial Success - Twenties

The New Year resolution and goals have become so clichéd. With most of these goals quickly discarded before the end of the first month.

However, I believe there is power in at least trying to follow a different path of self-improvement and ultimately better living. Resolutions and goals are usually varied and cuts across different areas of your life. So my focus will be to help you set the financial aspect of your goals.

Importance Of Life Insurance - A Focus On Nigeria

An unexpected death of a loved one can be absolutely devasting and is always long lasting, as was the case when I lost my dad at a very young age growing up in Nigeria.

The financial impact can also be significant in the case where the person is the main provider of financial support for the family. Therefore, having a life insurance policy helps provide financial continuity and stability for your family after such an event.

Why paying off your mortgage early will negatively impact your net worth

There is a growing trend of setting goals to target financial independence and retire early. It also feels like the first rule of achieveing this is to payoff your mortgage. Well, if you pay off your mortgage quicker you can have freedom and control over how you work and your life. Those that chase financial independence or financial freedom often site this as one thing to focus on.

As someone that has worked in the investment industry for over a decade, it still leaves me thinking if this is really the most efficient outcome for your net worth over time.