MoneyByZikoko: Her Last Job Paid her ₦133k. Now She Earns ₦2m

Vol 26 | 17-04-2023

Good morning, 🌞

I’m a big fan of today’s Naira Life for a few reasons. But the biggest is probably how the subject has done multiple things over the year and ensured she was good at them. Ultimately, the different pivots and her dedication to the processes got her a big break.

According to her, she couldn’t afford not to be a hard worker. Let’s find out why, shall we?

In this letter:

#Nairalife: She Struggled Financially For A While. She Never Wants To Go Back
HustlePrint: From Unpaid Volunteer Roles to Working at an International NGO
#LoveCurrency: Married Life in the UK on an £800 Monthly Sales Rep Income
Money Meanings: “Arbitrage”
Game: #HowMuchLast
Where The Money At?!

#NairaLife: She Struggled Financially For A While. She Never Wants To Go Back

This 30-year-old business exec has done multiple things for money — from managing a food business to working in HR and brand communication. But business development stuck, and it’s what brought her monthly income from ₦133k to ₦2m.

What does her #NairaLife look like?

From Unpaid Volunteer Roles to Working at an International NGO

Deola Durodola is an Executive Director at United Way. For #Hustleprint, she tells us about discovering the non-profit sector in secondary school, building her career through unpaid volunteer roles and how she landed her current job.

Read her hustle story here

Married Life in the UK on an £800 Monthly Sales Rep Income

After four years of dating between Abuja and Lagos, Susan and David refused to deal with an even longer distance, so they married and moved to the UK. But how are they finding their feet in a new country while navigating the early stages of their marriage?

An excerpt: “It’s beginning to feel like we’re a married couple. I have my own pots and a kitchen! Even after the court wedding and introduction, it still felt like we were dating because we spent limited time together, but now it’s different. Nothing has changed in how we treat each other, but we’re settling into this new life together.
He pays the rent and major bills from what he makes from his part-time care job. And I’ve become more prudent with money. Some days back, we saw a nice hoodie on our way home, and he was considering getting it for me, but I told him it wasn’t necessary.

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In Nigeria, family and social lending are an integral part of the economy and play a crucial role in supporting individuals and households in meeting their financial needs.

In a country where access to formal financial institutions is limited, these transactions serve as an alternative means of obtaining financial support. While there may be some risks associated with this phenomenon , family lending offers unique benefits that should be recognized and harnessed for the benefit of all.

On Friday, April 28th, at 5 PM(WAT) we will bring together key players and experts in the fintech industry including Tunji Andrews – CEO, Awabah and Tunde Akin-Moses – CEO, Sycamore to discuss the various ways to tackle the challenges of informal household financial transactions.

Click here to save a seat

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Money Meanings

Game: #HowMuchLast

#HowMuchLast is a game where we show you an item and you tell us (and the world) the highest amount you’d pay for it.

Some weeks will be Okin biscuit, some others will be SUVs.

This week, let’s find out how much you’re willing to pay for clear and balanced sound. So, #HowMuchLast for a headset?

What’s the most you’d pay? Tweet at us here.

Where The Money At?!

We can’t say we’re about the money and not actually help you find the money.

So we’ve compiled a list of job opportunities for you. Make sure you share this with anyone who might need it because in this community, we look out for each other.

Again, don’t mention. We gatchu.