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4 Tips to Help Achieve Your Financial Goals in 2019!

Naijazzy community, what are your thoughts to achieve financial independence in 2019??

It usually seems like an uphill task at first to achieve the financial status you desire for yourself this year but with these 4 tips, you’ll be well on your way to the ‘next level’ financially.


Before we delve into the tips, it’s a new year so the first part would be to actually set financial goes to be achieved before the year runs out. You might have set some goals last year and didn’t achieve them but that should not deter you because you’ll be guided on how to go about achieving them.

  1. Write Them Down
    This makes your goals more real to you. It sort of ‘brings it to life’. Thinking about them in your head is not enough, you have to pen them down. Also, writing them down serves as a reminder.
    While writing out your goals, make them simple, straightforward and achievable. For instance, don’t write “Save/Invest money.” write “Save N20,000 monthly in a mutual funds account.” Be specific.
  2. Read Books on Finance. If you’re serious about reaching your financial goals, then you must stay motivated and enlightened. Knowledge is key, and one way to know is to learn from those who already know. You may not be able to meet them in person but you can read their books and get the knowledge from them. There are a good number of books you can read to keep you informed about money, savings, investments, stocks, etc. A quick Google search will point you in the right direction, however, I’ll recommend these books: ‘You are a bad ass at making money’ by Jen Sincero and ‘Intelligent Investor’ by Benjamin Franklin.

3. Invest in a Mutual Fund/Buy Treasury Bills
A mutual fund is a pool of money from different individuals invested and managed by a Fund manager for profit. What distinguishes a mutual fund is what it invests in. For instance, there is money market mutual fund, equity mutual fund, real estate mutual fund and so on. There are a lot of mutual fund managers in Nigeria today that offer investment opportunities for as low as N5000. Do ensure you acquire information about interest rates and redemption policies before you invest.
Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government. Simply look at it like the Federal Government borrowed money from you, so they’ll pay back with interest. They are by nature, the most liquid money market securities and most importantly, they are backed by the guarantee of the Federal Government.

4. Learn a New Skill
There are certain skills that are currently on demand that can bring in some more cash for you. Some examples are bead making, hair styling, sewing, web design, graphics design, baking, etc. More interestingly, you can acquire most of them for free by taking courses online or buy watching Do-It-Yourself videos on YouTube. Even if you have to pay to acquire a skill, consider it an investment. By all means, keep learning and keep earning.

What other tips have helped you to achieve your financial goals? Please share.

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