Olivia
Online
Kipit Technologies Limited
@kipitwallet
Making money and investing easier to understand through real conversations, practical insights and smarter money moves.
Lagos, Nigeria
Joined September 2024
4 Following
34 Followers
712 Posts
The fastest way to talk yourself into an investment is to hear that everyone else is already making money from it.
For example, Someone posted their returns and like two other people did the same.
Before long, the thought changes from “Does this make sense for me?” to “How much will I make if I enter now?”
That shift matters more than you think.
FOMO makes the opportunity feel urgent, so you spend less time thinking about the investment.
And once you're calculating your potential profit before understanding what you're buying, you're already making the decision from the wrong end.
Sometimes the opportunity will genuinely be worth taking.
Other times, you'll discover that you only wanted it because everyone around you was talking about it.
Not every investment opportunity needs your money. Some only need your attention.
Sometimes the money you’re protecting isn’t “extra.”
It could represent months of skipping things you wanted, cutting back, and putting money aside so you can finally breathe.
That’s also why investing needs intention.
If you worked hard to build your savings, don’t rush to put it into the first investment promising big returns.
Understand the risk, know when you’ll need the money, and choose an investment that matches the purpose behind it.
Your money has a story. Invest it accordingly.
Sometimes the money you’re protecting isn’t “extra.”
It could represent months of skipping things you wanted, cutting back, and putting money aside so you can finally breathe.
That’s also why investing needs intention.
If you worked hard to build your savings, don’t rush to put it into the first investment promising big returns.
Understand the risk, know when you’ll need the money, and choose an investment that matches the purpose behind it.
Your money has a story. Invest it accordingly.
The older I get, the more I understand why people protect their money so carefully.
It's not always greed.
Sometimes that money represents months of saying no to yourself just so you can finally breathe a little.
One of the best feelings money can give you is seeing an unexpected bill and knowing you can handle it.
If your phone breaks, a family emergency comes up, or an urgent trip lands on your lap, you have somewhere to turn.
Instead of reaching for a loan app or touching your rent money, you can draw from your emergency fund.
If ₦100k would currently throw your finances off balance, make that your first target. Set aside a small amount regularly, then build from there.
Because whether it’s ₦50k or ₦500k, the point is having enough cushion to keep one unexpected expense from becoming your whole problem.
One of the best feelings money can give you is seeing an unexpected bill and knowing you can handle it.
If your phone breaks, a family emergency comes up, or an urgent trip lands on your lap, you have somewhere to turn.
Instead of reaching for a loan app or touching your rent money, you can draw from your emergency fund.
If ₦100k would currently throw your finances off balance, make that your first target. Set aside a small amount regularly, then build from there.
Because whether it’s ₦50k or ₦500k, the point is having enough cushion to keep one unexpected expense from becoming your whole problem.
One underrated luxury is having enough money that an unexpected expense doesn't ruin your entire week
The real value of financial education isn’t knowing big finance words. It’s knowing what to ask before your money leaves your account.
Before investing, ask:
What makes this investment pay me?
What has to go right?
What happens if things go wrong?
Can I access my money when I need it?
Those answers can change your decision.
Learn enough to act with understanding, not guesswork.
Some Nigerians hear “investing” and think, “I need millions first.”
Meanwhile, you can start learning with ₦5k, ₦10k or ₦20k. The real shift happens when learning starts changing the way you make money decisions.
Before you put your money anywhere, ask:
What exactly makes this investment pay me?
If you can’t explain the source of the return, pause.
What has to go right for me to get that return?
Now you’re looking at the assumptions behind the promise.
What happens if things don’t go as planned?
That tells you more about the risk than the headline return does.
If I need this money next month, can I get it?
A good investment for a 3-year goal may be a terrible place for emergency money.
That’s what financial education should help you do: turn information into better decisions.
You don’t need to know everything before you start. You need to know enough to ask better questions before you put in money.
If you think the stock market is a scam, listen up. Here are 3 myths keeping you broke.
Myth: It's gambling
Truth: Gambling is luck. Investing is owning a piece of a real business that makes real money. It's calculated risk, not a roll of the dice.
Myth: Only for the rich
Truth: You don't need millions. You can start with the cost of a few meat pies or a data subscription. Consistency beats a large lump sum every time.
Myth: You need a finance degree
Truth: You don't need to be a math genius. You just need a strategy and a little patience. If you can read a bank statement, you can learn to invest.
The biggest threat to your future wealth might not be a bad investment.
It might be the years you spend saying, “I’ll start investing next year.”
Compounding rewards time. The longer your money stays invested, the more opportunity it has to grow.
In Nigeria, with rising living costs and naira losing purchasing power, postponing your investing plans can become very expensive.
Start with what you can afford today. Increase it as your income grows.
Tomorrow’s wealth often starts with today’s decision.
The biggest threat to your future wealth might not be a bad investment.
It might be the years you spend saying, “I’ll start investing next year.”
Compounding rewards time. The longer your money stays invested, the more opportunity it has to grow.
In Nigeria, with rising living costs and naira losing purchasing power, postponing your investing plans can become very expensive.
Start with what you can afford today. Increase it as your income grows.
Tomorrow’s wealth often starts with today’s decision.
The most expensive phrase in finance: "I will start next year."
Meet Biodun and Farouq. Same university. Same starting salary. Same graduation year.
Biodun:
Started investing ₦15,000/month at age 22.
Stopped contributing at 32, after just 10 years.
Let the money sit and compound, untouched, for 30 more years.
Farouq:
Said "₦15,000 is too small, let me wait."
Kept pushing it back every year.
Finally started ₦15,000/month at 32, the exact age Biodun stopped.
Invested straight through for 30 years, until 62.
The results at 62 at 16% average annual return:
Biodun
Total contributed: ₦1.8 million
Years invested: 10
Final balance: ~₦515 million
Farouq
Total contributed: ₦5.4 million
Years invested: 30
Final balance: ~₦131 million
Farouq put in 3x more cash. Biodun still finished with almost 4x more money.
A 10 year head start beat three decades of steady contributions. Compounding rewards time, not just money.
Don't wait for the perfect amount. ₦5,000 or ₦10,000 started today beats a bigger amount started later.
Comment "STARTING NOW" if you're taking action this week.
Figures assume 15-17% average annual return, compounded monthly. Actual returns vary. Not financial advice.
You can trust the fintech app and still misunderstand the investment.
Here’s why:
The app is simply how you access the product.
Your money could go into a Fixed Deposit, Money Market Fund, Treasury Bill or bond.
So before you invest, don’t just ask, “Is this app legit?”
Ask:
WHAT am I buying?
WHO manages it?
WHERE does the return come from?
WHEN can I get my money back?
The app makes investing convenient.
Understanding what you’re buying makes you a more informed investor.
Bookmark this checklist before your next investment.
A 24% p.a. return sounds impressive. But what exactly does the 24% mean?
This is where inflation becomes relevant.
Nigeria’s inflation is expected to edge up in August after falling for two straight months. Meanwhile, food inflation was already 20.31% in July.
For an investor, that matters because inflation affects what your money can buy over time.
But inflation isn't a reason to dismiss an investment rate.
It’s a reason to understand the return properly.
Check the rate.
Check the tenor.
Understand how the return is calculated.
Then consider what inflation means for your purchasing power.
A good investment decision needs more than an attractive percentage.
Stop saving your salary like it's 2015.
If your pay goes straight into a savings account, inflation quietly taxes your labour every 30 days.
Building wealth on a salary needs a system.
Not a vague intention to save whatever is left.
The 50/30/20 framework, adjusted for today's inflation.
50% — living expenses
Rent. Food. Utilities. Transport. Family support.
30% — wealth building
15% NGX stocks and equity mutual funds. Local income and inflation protection.
15% US equities. VOO or similar S&P 500 ETF. Your dollar hedge.
20% — upskilling and lifestyle
Courses. Personal projects. Spending without guilt.
Where does the emergency fund live?
Before the 30% goes anywhere near investments, build 3 to 6 months of living expenses in a money market fund first.
That comes from the 20% flex allocation, not the investment pot.
Once the runway is funded, redirect that portion back into the 30%.
Three rules that make this work.
Pay yourself first. Day 1, not day 30.
Automate the 30% the morning your salary lands. Wait until month-end and lifestyle spending fills the gap before you ever get there.
Split the investment allocation deliberately.
Local assets for cash flow. Dollar assets for currency protection. Not interchangeable. Both have a job.
Upskill with the 20%, not the 30%.
Skills raise your primary income and give you a bigger base to invest from next cycle.
One action for today.
Calculate your net salary. Multiply by 0.30.
That number is your non negotiable monthly investment target, starting this payday.
Not financial advice.
@Bolzy Understanding that distinction is important
@hunchohumor Absolutely 💯
We talk about investing money for the future, but the same thinking applies to your health.
Your body is an asset too.
Exercise is maintenance.
Good food is capital allocation.
Sleep is recovery.
And just like investing, the benefits may not show up immediately. They compound with consistency.
Build wealth, but don't neglect the asset that has to enjoy it.
Your body is also an investment.
Exercise. Sleep properly. Eat better. Get checked when something feels wrong.
You can rebuild a portfolio after a bad year.
Your health is harder to replace.
@Titifola To be informed is to be prepared
@limelightmedis Glad you found it insightful
@Plug__iin That’s the way to go
Ajo can help with discipline. But there’s another side of the cash flow worth understanding.
Take a 12-member Ajo where each person contributes ₦100,000 monthly.
Each month, ₦1.2m comes into the pool. One member receives the ₦1.2m payout, while the remaining contributions may stay in the pool until their respective payout dates.
That means the pooled contributions move through the cycle at different times. If that money earns little or nothing while it is waiting the group could be giving up potential returns.
For perspective, some Fixed Deposit products can offer rates of up to 24% p.a., depending on the product, tenor and terms.
So the question isn’t whether Ajo is useful. It is:
What is the money earning between collection and payout?
That’s the part worth calculating before assuming the money is simply “waiting.”
Bookmark this. The return on your money matters even during the waiting period.
Are you an Ajo woman, ever checked where that ₦100,000 you collect every month actually sits
Traditional savings account, 4% p.a.
• ₦100,000 collected monthly for 12 months
• Total collected: ₦1,200,000
• Balance at month 12 with interest: ~₦1,222,000
• Interest earned: ~₦22,000
Money market fund, 18% p.a.
• ₦100,000 collected monthly for 12 months
• Total collected: ₦1,200,000
• Balance at month 12 with interest: ~₦1,304,000
• Interest earned: ~₦104,000
Same contributors, same monthly collections, about ₦82,000 difference just from where the float sits while it waits to be paid out.
And this is on top of what Ajo already pays you. Save ₦5,000 monthly with an Ajo woman, ₦5,000 of that cycle is hers. Save ₦10,000, ₦10,000 is hers. That commission is gain one.
Move the float into a money market fund instead of an ordinary account, and the money itself starts earning while it waits. That's gain two.
Same hustle, same collections, more sitting in your account by payout day.
@Wealth_ese1 ₦50,000 sitting for months is not necessarily “doing nothing.”
The real question is: what could that money be earning while you wait?
Check the yield, tenor and access terms before you decide.
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