Today April 9, 2012, I clock 40 years of age. I am thankful to God for everything but my heart is heavy because I seem to have failed so far!
Currently on a monthly salary of =N=440,000 and having worked in paid employments for eight years, I have no house or land of my own, I have a ramshackle looking five years old tokunbo car and a total investment and savings less than =N=200,000 with indebtedness to the tune of a million naira!
I am not bewitched or under a spell (I believe) but this failure stems from wrong decisions, unhealthy empathy and sentiments.
So far, I have lost about =N=7 million naira in monies invested in the businesses of family members and loan granted to friends to solve their financial problems. These monies are not coming back, they are completely lost! I do not drink or womanise but sometimes wish I do because at least I would have known the bottomless pit that sang my money.
I have survived 3 mass sack of staff in the banking industry and I am just wondering what life will look like if eventually I am also asked to go home, moreso, with my wife still struggling in her high risk business venture with a networth of =N=1 million. This is my second attempt at setting her up.
I am the eldest in the family of seven (from both sides of my two fathers). 3 members of these families are still in the higher institution and this responsibility is on me. I have 3 kids of my own with the eldest in primary 2. I pay a rent of =N=400,000 annually and really hope I and my family member remain in sound health so that I don’t have to incur any huge health expense.
All said and done, I am determined to succeed in this life. Analyse, advice and judge me!

They say life begins @ 40.Many people of ur age can not boast of anything............. Since u av been able to identify ur problems,then seek solutions to it. At ur age there is enough room to adjust and become what u want to be.Cut down ur over head costs,block all the leaking pipes that drains ur hard earned money & pray to God for deliverance. Happy Birthday ! Many years ahead.

@40, this is really serious.

Plug the loopholes. Financial intelligence involves understanding how money come and go out of your hands. You have one stream of income but money goes out in several ways. You will most likely not break even this way. Please take time to STUDY The Richest Man in Babylon. Its a great book for attaining financial freedom. Study it and follow the instructions religiously. I hope it helps.

Its always very easy to say....plug the loopholes..and all the bla bla bla.....see its just not easy when you have to take care of your family and the other siblings which in our society is your resposibility....

The only mistake i think that has been made is investing in people witout due diligence....I will say the next thing is to get better involved in that your wife business....spend more time ith her there and get to see how you can make better decisions together..at least whenever you get to invest here you can be part of the decision making..alternatively..look for a good business that your wife will be involved in which you should be prepared to spend massive time and energy on...from there am sure you will breake even and grow until you leave the bank to face your business squarely..

well, mr Foolish, you r what u call yourself, by the way which church do you attend? seems like u have lost identity of yourself. i will suggest u attend sam Adeyemi s church,or even winners chapel and devote more time to reading Robbert kiyosaki titles,oyedepo books,joel osteen books then the bible. Am your age mate and i can say that am at easy by the Grace of God.

hopefully this ain't some kinda joke post.


Listen fella, you are looking at the negatives.
How easy it is to do that.

Most people wish they done well enough for themselves to
be earning what you are earning.

You had the diligence to get educated and have steadily progressed professionally.
You've done well.


Now, you are feeling a bit stagnant for whatever reason.
But this actually is a good sign that you have ambitions that you believe you have not attained.
You are challenging yourself.

What to do now is turn that feeling of disappointment and depression into a driving force,
rather than make self-defecating comments.

There is a great upside.

Be well.

My name Femi, 08083427728
Give me a call if you like.

First step to solving a problem is identifying it.
At least you didn't blame evil forces from the village,
That's a plus,
The first thing I would say is, Change your Friends, move with truly successful people, success is contagious.
Second is, setup a business you control fully after careful planning and prayer, Hire the Best People, and monitor them closely, most relatives just come for "Awoof" money in the name of Business.
Third, Start a saving plan, I find it hard to save too, so I have this Insurance Savings plan with my Bank where they deduct a specific amount from my account every month. Find a Way to live on maybe 300,000 per month and touch the rest under no account. That money would serve as a cushion in case of any mishap

Fourth, a car is not a sign of achievement so you can manage that for now, get landed property (properly titled) instead, It would always appreciate, unlike the car.

& Finally, stop trying to please everyone. The same people that would praise you to the high heavens for unduly bending over to please them are the same people that would insult you (sometimes to your face) for achieving nothing through your youth. 40 is a beginning,

Wish you the best of luck

[quote author=SKYQUEST
Today April 9, 2012, I clock 40 years of age. I am thankful to God for everything but my heart is heavy because I seem to have failed so far!
Currently on a monthly salary of =N=440,000 and having worked in paid employments for eight years, I have no house or land of my own, I have a ramshackle looking five years old tokunbo car and a total investment and savings less than =N=200,000 with indebtedness to the tune of a million naira!
I am not bewitched or under a spell (I believe) but this failure stems from wrong decisions, unhealthy empathy and sentiments.
So far, I have lost about =N=7 million naira in monies invested in the businesses of family members and loan granted to friends to solve their financial problems. These monies are not coming back, they are completely lost! I do not drink or womanise but sometimes wish I do because at least I would have known the bottomless pit that sang my money.
I have survived 3 mass sack of staff in the banking industry and I am just wondering what life will look like if eventually I am also asked to go home, moreso, with my wife still struggling in her high risk business venture with a networth of =N=1 million. This is my second attempt at setting her up.
I am the eldest in the family of seven (from both sides of my two fathers). 3 members of these families are still in the higher institution and this responsibility is on me. I have 3 kids of my own with the eldest in primary 2. I pay a rent of =N=400,000 annually and really hope I and my family member remain in sound health so that I don’t have to incur any huge health expense.
All said and done, I am determined to succeed in this life. Analyse, advice and judge me!
[/quote]

Happy Birthday

Thank God for your life, atleast you have been able to fill some gaps in your friends and families life one way or the other

Cut some people off completely or financially
Take out a good health insurance policy that covers your family

Good luck with the rest

another thing you dont have to be RICH to enjoy life just. you can be comofortable and enjoy the experience life throws at you

#440,000 salary monthly in Nigeria? U re lucky.....

Oga.... na wah oh! pardon me, but i really don't know what u are talking about... Do a review of your progress and see that you haven't been doing badly. How do u measure you success? i guess its by the goals u have set for yourself. If you have set goals and haven't hit them yet, then it requires patience among other factors. Its a good thing that you seem charitable and your good works help to sustain you somehow- It may account for why u miss every job layoff hit.

Its advisable you don't consider the immoral and wayward life as an option... its only a terrible temptation that has its own negative implications and complications. I understand that we all drift into negative mental and emotional states but don't give in, let your mind dwell on positive thoughts and emotions that possibly could come form your wife and kids. It can be cultivated. U gat to cheer up... no matter how u sad and blue, there are tons of people who gat it worst than you. That i know too well. Its still all good. learn to relax.

well, mr Foolish, you r what u call yourself, by the way which church do you attend? seems like u have lost identity of yourself. i will suggest u attend sam Adeyemi s church,or even winners chapel and devote more time to reading Robbert kiyosaki titles,oyedepo books,joel osteen books then the bible. Am your age mate and i can say that am at easy by the Grace of God.

if this is not the most crass/unintelligent answer to a reasonable question, then i dont know what it is. so the church we attend now cement our future, that is new on me. you are so insensitive to the extend that you did not think for a micro second the o/p might be Muslim but his salvation according to your deluded imagination lies with some wishy washy book written by your GOD oyedepo.
as far as u are concerned dangote,olubi,otedola, etc must have once read that oyedepo book and had the bible for dinner aswell.
can u just advice yourself in the future.
next tym u think of advising someone pls be reasonable.

@op,
Please!! Please!! Dont call urself a failure for whatsoever reason because, “a man is only a failure if he fails in his heart“.

I must commend u for coming on a public forum and letting out ur heart felt pain...it aint easy sir.
I am less than 30yrs, so i am not here to lecture u(u probably know alot more than me anyway!), but just to drop a little support.

First, block all those multiple liabilties and increase ur income streams...(easier said than done ,right??!!)
Secondly, if u must be rich and wealthy,then u MUST save atleast 30% of ur income and invest in properties that appreciate I.E. Land, information- constantly improving urself...(this option is harder than option 1, right?!!)

Well,i know that with all ur years in the banking industry, u would have known that these two advise had always held sway,but the only problem has been “implementation“.

U just have to find a way and put it into practice. No two ways about that! Its your life and GOD have given you that priviledge of taking decisions that concerns it.

NB: THE “OBSTACLES“ SUCCESSFUL PEOPLE CLIMBED AND DEFEATED TO EXCEL IN LIFE ARE THE SAME “OBSTACLES“ LOOSERS POINTS TO AS THE REASON FOR THEIR FAILURES.


Peace out

Nextworldnx: @op,
Please!! Please!! Dont call urself a failure for whatsoever reason because, “a man is only a failure if he fails in his heart“.

I must commend u for coming on a public forum and letting out ur heart felt pain...it aint easy sir.
I am less than 30yrs, so i am not here to lecture u(u probably know alot more than me anyway!), but just to drop a little support.

First, block all those multiple liabilties and increase ur income streams...(easier said than done ,right??!!)
Secondly, if u must be rich and wealthy,then u MUST save atleast 30% of ur income and invest in properties that appreciate I.E. Land, information- constantly improving urself...(this option is harder than option 1, right?!!)

Well,i know that with all ur years in the banking industry, u would have known that these two advise had always held sway,but the only problem has been “implementation“.

U just have to find a way and put it into practice. No two ways about that! Its your life and GOD have given you that priviledge of taking decisions that concerns it.

NB: THE “OBSTACLES“ SUCCESSFUL PEOPLE CLIMBED AND DEFEATED TO EXCEL IN LIFE ARE THE SAME “OBSTACLES“ LOOSERS POINTS TO AS THE REASON FOR THEIR FAILURES.


Peace out

Nice one. Wisdom speaking.

Stop that.....what u call urself is wat u end up becoming. @ 40, u make 440k in 9ja c'mon cant u c God is good 2 u. Ur unachieve goals ar making u feel this way. Stop that -ve feeling u ar wel off than many age mate of urs. Take stock of ur life n consider profitabl investment. Gud luck