I Have N1.6 million. What Should I Do With the Money?

Imanuel Jannah
By Imanuel Jannah November 7, 2014 18:00

I Have N1.6 million. What Should I Do With the Money?

moneyThis morning… we received an email from an ardent reader of our Career and Money category asking a question.

  • QUESTION: I Have N1.6 million. What Should I Do With It? What Should I Invest in?

Here’s our ¬†advice…

  • ANSWER: If you don’t know what to do with your money, the best thing to do is not to tell anyone… lolIf you don’t know what to do with your money, there are many people who will tell you what to do with it; which is. “turn it over to me, I’ll keep it well for you.” They’ll say…. lol

    But on a serious note, Your level of knowledge about money and how money works determines what you’ll do with your money and how you’ll invest it.

    We’ll advise you to put together or buy something that will be putting more money, little by little, into your pocket daily, weekly or, monthly as you’d prefer

    However, invest in your financial education first. Invest your time and some of your money in learning from other experienced Igbo people what it takes to do well in the business you’ve chosen to go into, and the best way to grow your little seed capital in that line of business

PS: You can send us your Career and Money questions at; obindigbomagazinemails@gmail.com. We shall promptly reply, and possibly feature your question on the column in one of the following days.

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Imanuel Jannah
By Imanuel Jannah November 7, 2014 18:00