MoneybyZikoko: How High is Your Risk Tolerance?

Volume 78

Good morning,

If you’re like me, this week’s Naira Life will make you question your risk tolerance. Mine is low, and that’s all right.

Imagine this: You’re 19 and have just learned about crypto and forex trading. You go in, trading with your money at first. Then, you take other people’s money, and you lose it all.

You make an average of ₦15k/month but owe a tidy sum of $5k. To drive up the stakes, the people you owe could make your life difficult. How do you even turn this around?

If you’re like the guy this happened to, you return to the basics. But let me not get ahead of myself. Let’s look at this week’s stories.

In this letter:

#NairaLife:The 21-Year-Old Who Went From $5k in Debt to Multi-Business Owner in Two Years
How to Ask Your Employer for Money They Owe You, According to 7 Nigerians
#ZikokoMoneyVideo: What’s the most you’ll spend on a date?
QUIZ: Where Should You Go for Your Next Vacation?
Where The Money At?!

#NairaLife: The 21-Year-Old Who Went From $5k in Debt to Multi-Business Owner in Two Years

This 21-year-old thought he’d make it big in crypto trading in 2021, but he ended up in a $5k debt and almost dropped out of school.

But that’s in the past. In the three years that have followed, he’s settled his debts, built a full-time career and created two businesses all before graduation.

Read his #NairaLife here

Attention all music lovers!

Zikoko has something for you, and we’re calling it Strings Attached. On Saturday, May 11, 2024, we want you outside for a day of link-ups, games, drinks and live performances at Muri Okunola Park, Lagos. Strings Attached is an opportunity for friends to reconnect, lovers to bond and individuals to make friends and build community. The best part is that it’s free.

To get a free ticket, download the Onebank by Sterling App and sign up using ZIKOKO as the referral code. You’ll get your ticket sent to your email.

Click here to get the app

How to Ask Your Employer for Money They Owe You, According to 7 Nigerians

Nobody wants to deal with an Onigbese boss who defaults on payment for no reason. It’s a highly stressful experience. But what should you do if you find yourself in this situation?

These tips from folks who have navigated this problem might be helpful.

Find the tips here

What’s the most you’ll spend on a date?

Watch the video here

QUIZ: Where Should You Go for Your Next Vacation?

You deserve a vacation, right? But where should you go?

Take the quiz 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.