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In your 20’s, you are likely to go through significant life events such as, graduating from college, getting your first job or starting a business, renting your first home, getting married, starting a family or furthering your education. All major life events have financial implications: Be prepared.

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A budget is an invaluable tool that helps you prioritize your spending and manage your money no matter how much or how little you have. Download Nimi’s budget template for free at


Credit can be a powerful tool that can help you to create wealth. It can also be devastating to your finances. Distinguish between good debt and bad debt.


Those that start saving in their 20s have a much greater chance at achieving financial security. Automate your savings and try to save at least 20% of your income.
Build an Emergency Fund. Set aside enough money to pay for at least 6 months of your expenses in an easy access savings or money market account.


Each of us has unique gifts, marketable skills or talents. Discover yourself. What are you passionate about? What are you exceptionally good at?  
It is your responsibility to:

  • Identify them
  • Recognize them
  • Cultivate them
  • Nurture them
  • Utilize them

Tap into the potential for these effortless skills to earn income.


Start planning for your retirement from your first job. Even though the future seems so far away now, if you save and invest when you are young, you have an exciting opportunity to build significant wealth. Create a diversified investment portfolio that includes cash, bonds, mutual funds, stocks, real estate and your business. Mutual Funds offer a professionally managed, diversified portfolio and you can invest with sums as little as N10,000.


The choices you make today regarding how you treat your body from now, can have a significant impact on your future health and financial security. Be careful of some the pressures of the excesses of your generation: cigarettes, alcohol, prescription drugs, hard drugs, unprotected sex.


As an adult you are responsible for protecting yourself and all your possessions. Bad things happen to the best people.  Don’t wait for an accident, a fire, a flood or a serious illness before you consider insurance.


Build and nurture relationships. “Surround yourself with enablers – rid yourself of disablers” (Aig Imoukhuede at WIMBIZ Lecture Series)


Never lose sight of what really matters. Make some time to reflect upon what really matters – Your family, friends and your relationship with God.

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