Fintech leader and founder, Money Africa & Ladda, Oluwatosin Olaseinde recently turned 35, and shared these clear-cut money lessons from what she referred to as “my 35 years on earth”:
1️⃣ You are your biggest asset. Start treating yourself like a prime real estate.
2️⃣ Everything starts in your mind. Personal finance is 80% mindset and 20% knowledge. Get your mind in the right atmosphere
3️⃣You will lose money. The secret to financial independence is to win more than you lose. Don’t let your fear of losing hold you back
4️⃣ Personal finance is personal. It’s not a one size fit all. Take your unique circumstances into consideration
5️⃣ You can build wealth with a 9 – 5 job if you practice certain investment habits.
6️⃣ Multiple streams of income are great. However, solidify your one stream of income before branching out to multiples
7️⃣ Rest is an asset. Sleep well and eat well
8️⃣ Your body is the engine. It’s a critical asset. Look after it
9️⃣ Say No often to make room for the firm Yes
1️⃣0️⃣ Do not be afraid to be seen trying. Nobody became an expert overnight. Try you never can tell.
1️⃣1️⃣ Draw up a budget realistically and hold yourself accountable
1️⃣2️⃣ Have a vision board. Start mentally picturing your desires and back it with actions
1️⃣3️⃣ Start saving for December rocks from January. Plan for your enjoyment
1️⃣4️⃣ Create a splurge budget. If you don’t plan for your entertainment. You’d still spend it and it might be reckless. Why not plan for it?
1️⃣5️⃣ Create a budget for Black Tax so you stay within limits. You can not pour from an empty pot
1️⃣6️⃣ Be curious. Ask questions about money
1️⃣7️⃣ Speak to your friends about money. You might be sleeping on potential money making opportunities
1️⃣8️⃣ A year end review is essential
1️⃣9️⃣ Talk about money with your spouse. Can two walk together, except the agree?
2️⃣0️⃣ The mind of a child about money starts forming at age 7. Catch them young.
2️⃣1️⃣ Start a Side Hustle
2️⃣2️⃣ Not everyone needs a side hustle. You can be so exceptional that you outearn your peers and invest passively.
2️⃣3️⃣ Dream. Write it down.
2️⃣4️⃣ Time is an asset. The best time to start investing is 20 years ago, the next best time is now
2️⃣5️⃣ Forgive yourself for your past money mistakes. Today is a good time to start again
2️⃣6️⃣ Get an accountability partner
2️⃣7️⃣ Join a personal finance group/club
2️⃣8️⃣ Do not take too much risk
2️⃣9️⃣ Do not take too little risk
3️⃣0️⃣ Be happy. Consider yourself lucky. Optimism is an asset
3️⃣1️⃣ Start building a network before you need it
3️⃣2️⃣ Get/Know a lawyer before you need it.
3️⃣3️⃣ Be a lifelong learner
3️⃣4️⃣ Meditate/ positively affirm yourself
3️⃣5️⃣ Read a personal finance book
Download the Money Africa kids app, a financial literacy app for children between the ages of 5 – 17. Available on:
Also download Ladda.ng savings and investment app.