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Money By Zikoko | Zikoko!
  • MoneybyZikoko: This Freelancer Went From Wasteful Spender to Careful Saver
    She’s never going back to her wasteful past.

    Vol 61 | 01-01-2023




    Happy New Year! {$name}. 🌞

    The holidays are over, and we’re returning to our paymasters between this week and next week. It’s all right, though; it’s time to get this party (re)started. Wishing you a great year, {$name}.

    I’m sure money, in all its functions — making, spending, keeping and growing — is one of your core focuses this year. Yeah, me too. It’s a great thing, then, that #MoneybyZikoko will land in your inbox every Monday at 8 a.m. Be there, and bring a friend (or 50) along.

    For this year’s first #NairaLife, the theme is “spending money”, and the freelancer Tife talked to wasn’t very good at it for many years. She once sold personal items to afford food in uni because she’d blown through her allowance. This problem persisted even when she started making a decent income, and it almost felt like she would never beat it. But she did. What changed?

    Let’s get into it!

    In this letter:

    • #NairaLife:The Fear of Retrogression Cured Her Spending Problem
    • Money Meanings: “Next of Kin”
    • Game: #HowMuchLast
    • Where The Money At?!

    #NairaLife: The Fear of Retrogression Cured Her Spending Problem

    The 25-year-old in this #NairaLife was broke almost all her life due to a severe spending problem that continued even after she began making a decent income in 2022.

    That has changed now, and a small but transformative event in 2023 did the trick.

    Let’s get into it!

    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 test how much you’re willing to pay for an optimal cinema expereince. You know, the one where you get to decide the number of people you want in the room with you. So, #HowMuchLast for a private cinema?

    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.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the
    meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next year…

    Yours cashly,

    Toheeb,

    Zikoko’s’OG’ Mr. Money

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

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  • MoneyByZikoko: This 20-year-old’s Financial Happiness is a 10
    Also: Kids took this family man from middle-class to poor

    Vol 53 | 13-11-2023

  • 7 Ways to Pay Back Nigeria’s Debts

    The Nigerian federal government is the big boy who borrows money to keep his swag alive. But how long will this go on for?

    It’s probably time to sort our debts out once and for all, and we have a few ideas on how to make this happen.

    Borrow from other African countries

    During times like this, it’s best to get help from those close to you. We can just get other African countries to pay our debts and sort them out later. They’re our brothers and sisters, after all.

    Seize the politicians’ expensive property

    The Federal Government should start from the top and cut off bonuses and unnecessary expenses like lawmakers’ newspaper and wardrobe allowances. Reduce their salaries too. 

    Let’s use the money to pay back some of our debt. It’s a small sacrifice to make for our beloved nation.

    Or let Nigerians contribute

    Trust Nigerians in the goodness of their hearts to come through for the country. So seek their faces for assistance, FG. Small contributions here and there and money will complete before you know it.

    Try GoFundMe

    Maybe if Nigeria shouts that we’re broke and cries out to the world for help, people will come to our aid and we may sort out our debt and possibly cashout, too. It may look like a skit, but who knows where our helpers will come from?

    Cry to God

    For a country that’s super religious, there’s no reason why we shouldn’t let God be in charge of Naija’s finances. There’s nothing He can’t do.

    Deny the debts

    If all options to pay back fail, maybe all Nigeria needs to do is deny that it owes anyone money. After all, when it comes to unlooking, Nigeria is the father of invention.

    Close the country and run away

    If denying the debts doesn’t work, Nigeria might as well close shop and run away for a bit. When the collectors come for their money, we’ll tell them our president and the powers that be aren’t around. The citizens didn’t take out the loans, right?

    Our Burning Ram Meat Festival is on the way.

  • #MoneyByZikoko: Did You Miss These #NairaLife Stories?

    Vol 10 | 26-12-2022

    Brought to you by

    Merry Christmas (in arrears),

    I hope you had a great weekend and are currently enjoying a slow Monday.

    In other news, the new year is only a few days away. I know we all roll our eyes at new year’s resolutions but one thing I definitely want to get better at is tracking my expenses. I can’t wait to share any tips and learnings as I go along.

    This is the last edition of the Money by Zikoko newsletter and I really appreciate your opening, reading, and sharing.

    This week we have handpicked some really great Naira Life stories from this year that we think you really need to read. I enjoyed them and I hope you do too.

    In this letter:

    • #NairaLife: Most-Read stories of 2022
    • #LoveCurrency: Dating in Abuja on a ₦700k Influencer Monthly Income
    • Money Meanings: “Tax”

    #NairaLife: You Should Read These Stories

    Last week we showed you all the stories you loved from the year. Now we are bringing you the ones you will love – you just don’t know it yet.

    Our compilation takes into account the types of stories and what you should expect from them. We try our best to explain why the stories made our list.

    Read The Stories Here

    Banking made easy

    Gomoney simplifies money for everyone. No need to bother with long calculations. It’s banking made easy!

    This is partner content.

    Click here to bank without stress

    #LoveCurrency: Dating in Abuja on a ₦700k Influencer Monthly Income

    After COVID, Julia* quit her insurance job to focus on being a food blogger. In this article, she tells us how her boyfriend influenced her decision, going from earning ₦30k to ₦700k monthly and her plan to be financially independent.

    When asked about their plans as a couple, she says: “I don’t know as a couple — I feel like anybody can still serve you breakfast, so I’m trying to focus on my own plans.

    This story was brought to you by Fluid Finance

    Read This Article

    Money Meanings



    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the
    meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin,

    Mr Money With The Vibe (Sometimes)

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

  • #MoneyByZikoko: Who Should You Fight If You Don’t Get Your Pension?

    Vol 9 | 19-12-2022

    Brought to you by

    Good morning, {$name}!

    I don’t know about you, but the holiday has started on this side, and I’m writing this to you excited about watching Netflix the entire day.

    Don’t get me wrong, I would like to go outside and socialise, but the price of fuel has doubled, and I strongly believe that there’s a way I can arrange my house to make it look like a bar. So maybe I’ll do that.

    This week we have a recap of the most-read stories of 2022 and a fantastic Love Currency story from an older couple doing business and relying on pension payments that only show up sometimes.

    In this letter:

    • #NairaLife: Most-Read stories of 2022
    • #LoveCurrency: Family Life in Warri, Delta State, on a ₦51k Fixed Pension
    • Money Meanings: “YOLO”
    • Where The Money At?!

    We’ll call it #NairaLifeWrapped!

    It’s been a long year of exciting Naira Life stories. There was one story that dropped on salary day. You could hear us collectively hissing at our salaries that day.

    So we decided to compile all the stories you loved this year and give you a chance to reread them and, of course, share them with people who may have missed them.

    Read The Stories Here

    Banking made easy

    Gomoney simplifies money for everyone. No need to bother with long calculations. It’s banking made easy!

    This is partner content.

    Click here to bank without stress

    Family Life in Warri, Delta State, on a ₦51k Fixed Pension

    One thing I always wonder about is how old people navigate life when they’ve been told to legally retire. I used to think that their pension payments were a given (if it wasn’t coming directly from the government). I was wrong.

    In this edition of Love Currency, we speak to a 63-year-old man about his relationship with money and how he and his wife cater for themselves.

    When he is asked about his ‘financial future’, he says: “Future? At 63 it’s hard to have plans for the future.

    This story was brought to you by Fluid Finance

    Read This Article

    Money Meanings

    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.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the
    meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin,

    Mr Money With The Vibe (Sometimes)

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

  • #MoneyByZikoko: “What’s the true cost of a long-distance relationship?”

    Vol 7 | 05-12-2022

    Brought to you by

    Christmas is almost here.

    I know you’re wondering why I’m rushing you, but honestly, there’s no better time than now to get into the Christmas spirit of giving and, of course, receiving.

    Today’s Love Currency had me thinking about the true cost of a long-distance relationship. Apart from all the money that will be spent to make the distance not so long, there’s also the part where it’s emotionally draining.

    If you’ve ever been in one of these, I’d like to know what some hidden costs you didn’t expect were.

    Without any more ado. Let’s get into today’s edition.

    In this letter:

    • The #NairaLife of a Housekeeper Tired of Suffering
    • The Love Currency: Long Distance, $4k/m between London and Lagos
    • Money Meanings: “Capital”
    • Game: #HowMuchLast
    • Where The Money At?!

    The #NairaLife of a Housekeeper Tired of Suffering

    Today’s subject on #NairaLife finished secondary school in 1997 and couldn’t get into university. After that, she moved from Ibadan to Lagos to get a chance at a better life.

    From housekeeping to tailoring, she worked several jobs, and now at 45, she’s still hoping the good things of life locate her.

    Read her story

    The Love Currency: Long Distance between London & Lagos on $4k per month

    I love that our subjects for this story have a deep understanding of what they both want out of life and are making serious moves to get there.

    But you see that distance? That’s what I have an issue with because long distance is the actual ghetto.

    An excerpt: “Earlier in the year [2022], I told her I’d always prioritise helping her reach a point where she can afford to get herself whatever she wanted instead of buying it for her. For instance, I can’t buy a wig of ₦1m, but when she needed about ₦1.4m to go to culinary school in October 2021, I assisted with ₦800k — ₦500k first, then ₦300k.

    Read More Of This Story

    Some other great money articles you should read:

    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, we’re kicking off the Christmas shenanigans. #HowMuchLast for a Christmas Tree?

    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.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the
    meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin

    The Other Mr Money

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

  • #MoneyByZikoko: “When Should Your Side Gig Become Your Main Gig?”
    Also: What would you pay for a pair of shoes?

    Vol 2 | 31-10-2022

    Brought to you by

    Good morning, {$name} 🌞

    Do you have a side gig?

    With how the economy has been moving, I think it may be better to ask how many side gigs you have.

    In two of our stories today, we meet young Nigerians who talk about their money situations, and the concept of side gigs exists across both stories.

    The subject of our #NairaLife today had a side gig paying more than her main gig.

    But did she make the move you’re expecting? The answer may surprise you…

    In this letter:

    • The #NairaLife of a Lawyer Making More Money from Affiliate Marketing
    • The Love Currency: Married in Kano on ₦150k/month
    • Money Meanings: “Side Gig”
    • Game: #HowMuchLast
    • Where The Money At?!

    #NairaLife: This Lawyer Was Earning More as an Affiliate Marketer

    Before November 2020, the most money the 27-year-old on this week’s #NairaLife had made was ₦100k from a scholarship.

    Then she found affiliate marketing and made ₦1.2m in a year. Today, she makes ₦160k as a lawyer but knows she’s going back to marketing.

    My biggest question is… Why did she even continue working as a lawyer?

    Read her Naira Life to know why…

    Who’s got your back?

    Life happens. We all go through moments that are not our best days. But you can live in a way that you’re well protected no matter what happens. Live confidently above the challenges of life with a Stanbic IBTC Life Insurance plan.

    Get a Stanbic IBTC Insurance Plan

    The Love Currency: Married in Kano on ₦150k/month

    The best part of this story is that both Tayyiba* and Faruk* seem to have a very sensible setup when it comes to spending money.

    An excerpt: “We also discovered my ego is big, and I don’t like to beg, so he just sends me money and leaves his wallet and debit card within reach.

    Read More Of This Story

    Some other great money articles you should read:

    At Luno, we believe cryptocurrency is for everyone. Tap into all the many possibilities.

    Visit Luno

    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, we’re keeping it simple, #HowMuchLast for a pair of shoes.

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

    Ordinary is Boring

    Let’s face it. Ordinary is boring, but you can go for the extraordinary with a juicy pension plan that rewards your hustle today so you can retire early and still ball hard. Start by moving your pension to Stanbic IBTC Pension Managers today.

    Visit Stanbic IBTC Pension

    Where The Money At?!

    We can’t say we’re about the money and not 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 we look out for each other in this community.

    Again, don’t mention. We gatchu.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin,

    The Other Mr Money

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

  • #MoneyByZikoko: This Influencer is Aiming For ₦2m/month
    Also: What stops nonsense? Money.

    Vol 3 | 07-11-2022

    Brought to you by

    Good morning, {$name} 🌞

    I like the way today’s Naira Life subject talks about his goals. He’s trying to get to a place where ₦20m is nothing to him.

    So following his lead, today’s #HowMuchLast will be an expensive item, and I cannot wait to see how much you’d pay for it.

    We have a fun edition today.

    In this letter:

    • Last Month in Money
    • The Grass to Grace #NairaLife of a Social Media Influencer
    • Money Meanings: What is a “Budget”?
    • Game: #HowMuchLast
    • Where The Money At?!

    Last Month
    In Money


    ₦20,510,000,000,000
    Yes, that’s what 20 trillion naira looks like written out, and it’s Nigeria’s budget for 2023 as presented by our presido. Why are there so many zeroes and why is it called “Budget of Fiscal Consolidation and Transition”? We tried to look into it.

    ₦1000
    That is now the naira equivalent of one pound sterling.
    Technically, this didn’t happen last month, but it’s urgent enough for us to bend the rules.

    Wetin dey stop nonsense?
    In the song “Stop Nonsense” Majeeed asks “Wetin dey stop nonsense?” and as we all know, the answer to that question is quite simple… Money.


    You can listen on Spotify.

    Ordinary is Boring

    Let’s face it. Ordinary is boring, but you can go for the extraordinary with a juicy pension plan that rewards your hustle today so you can retire early and still ball hard. Start by moving your pension to Stanbic IBTC Pension Managers today.

    Visit Stanbic IBTC Pension

    #NairaLife: This Social Media Influencer Will Not Rest Until ₦20m is Nothing To Him

    The 25-year-old in today’s Naira Life got his first job at 16 because he wanted to help his mother out. It only paid him ₦3k for three days of work.

    His father was absent and growing up wasn’t easy, but today he’s a millionaire, and for him, he hasn’t arrived until 20 million naira is chicken change to him.

    Read the rest of his Naira Life

    Some other great money articles you should read:

    At Luno, we believe cryptocurrency is for everyone. Tap into all the many possibilities.

    Visit Luno

    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, we’re going big. We know a Tesla goes for $40k to $160k but we want to know the most you’d pay.

    So tell us, #HowMuchLast for a Tesla.

    What’s the most you’d pay for a Tesla? 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.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the
    meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin,

    The Other Mr Money

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

  • #MoneyByZikoko: Do you need a safety net?
    Also: How much is a bottle of wine these days?

    Vol 2 | 31-10-2022

    Brought to you by

    Good morning, 🌞

    It’s the last day of October and today’s letter is all about safety nets.

    If you are anything like the subjects of the stories I’ll share today, then safety nets are not foreign to you.

    I think life hits different when you know you can experience many things without worrying about ending up broke.

    We approach the concept in various ways; saving, investing, and even buying NFTs…

    At the end of the day, we all just want the softest of lives, no?

    In this letter:

    • The Fearless #NairaLife of a Tax Collector
    • The Money of Love: Polyamorous in Ogun State on ₦400k/month
    • Money Meanings: What is a “Safety Net”?
    • Game: #HowMuchLast (Make sure you play o!)
    • Where The Money At?!

    #NairaLife: This Tax Collector Has Never Had to Make Money to Survive

    If the 34-year-old in this #NairaLife stopped working, she’d be very fine. But even with free ₦4.3m yearly and wealthy parents, she enjoys being independent while catching business owners who try to evade taxes.

    My favourite part of the story is where David asks her if she’s ever had to earn money to survive and she replied “Not yet. No.”

    Internal monologue: God, when exactly will it be my turn?

    Read the rest of her Naira Life

    Ordinary is Boring

    Let’s face it. Ordinary is boring, but you can go for the extraordinary with a juicy pension plan that rewards your hustle today so you can retire early and still ball hard. Start by moving your pension to Stanbic IBTC Pension Managers today.

    Visit Stanbic IBTC Pension

    The Money of Love: Polyamorous in Ogun with ₦400k/month

    Oh to be young and in love and be able to say: “I used to sleep with my debit card under my pillow, so if I had a bad dream, I’d wake up and buy something online.”

    Onome* is a 21-year-old polyamorous woman who spends recklessly on her partners because her love language is gift-giving. In this interview, she tells Zikoko how money moves in and out of her relationships, while on a ₦400k monthly income and an envious financial safety net.

    Read More Of This Story

    Some other great money articles you should read:

    At Luno, we believe cryptocurrency is for everyone. Tap into all the many possibilities.

    Visit Luno

    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, we’re keeping it simple, #HowMuchLast for a bottle of wine.

    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.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin,

    The Other Mr Money

    Did someone awesome send this to you?

    Subscribe to this Newsletter

    \

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

  • #MoneyByZikoko: “How much does a babalawo earn?”

    Vol 1 | 24-10-2022

    Brought to you by

    Good morning, 🌞

    Welcome to Money By Zikoko!

    This newsletter exists because Zikoko loves money. And you’re here because you love money too. So I’m sure we’ll get along.

    The stories and conversations here will ask one very big question – What is money and how are people making, saving, spending and even losing it?

    Answering these questions will bring us closer to understanding this thing called money.

    So let’s go!

    In this letter:

    • The #NairaLife of a Babalawo
    • The Money of Love: Married in Uyo with ₦2.5m/month
    • Money Meanings: What is a “Pension”?
    • Game: #HowMuchLast
    • Where The Money At?!

    The #NairaLife Of A Babalawo

    The 29-year-old subject of today’s #NairaLife is an Ifa priest born to Deeper Life parents. After a series of unfortunate events hit his family in 2001, he found solace in Ifa’s temple. Today he lives and earns money as a babalawo. And his finances? Divinely secure.

    Writing this story helped me learn a lot about what it means to practice a traditional religion and all the negative stereotypes that need to be done away with. I’m sure you’ll enjoy his story.

    Read the rest of his Naira Life

    Ordinary is Boring

    Let’s face it. Ordinary is boring, but you can go for the extraordinary with a juicy pension plan that rewards your hustle today so you can retire early and still ball hard. Start by moving your pension to Stanbic IBTC Pension Managers today.

    Visit Stanbic IBTC Pension

    The Money of Love: Married in Uyo with ₦2.5m/month

    When they met in school, Michael was called “Mikano” and had quite the reputation at school. Seven years later, their paths crossed again, and this time he was a more respectable “Mr Michael”.

    After eight years in the streets, 34-year-old Michael Adebayo* finally decided to repent from his ashawo ways and settle down. He found his perfect match — where he’s a reckless spender, his wife is financially prudent. He tells Zikoko how he’s enjoying married life on a ₦2.3m monthly income.


    Read More Of This Story

    Some other great money articles you should read:

    At Luno, we believe cryptocurrency is for everyone. Tap into all the many possibilities.

    Visit Luno

    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, we want to know, #HowMuchLast for a brand new Flat Screen TV.

    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.

    Share this newsletter

    All good things must come to an end. But not this good thing. We’ll be back next week.

    In the
    meantime, keep reading Zikoko’s articles and be sure to share the love.

    Till next week…

    Yours cashly,

    Dwin,

    The Other Mr Money

    Did someone awesome send this to you ?

    Subscribe to this Newsletter

    18, Nnobi Street, Surulere, Lagos,
    Nigeria

    Unsubscribe