Adewale Fayinka's FBM Blog

Financial independence is defined as a state in which an individual or a household has sufficient wealth to live on, without having to depend on income from some forms of employment. In other words, financially independent people are those who are able to meet their needs and expenses from sources other than their primary occupation. Financial Independence doesn’t just happen, but starts with a detailed plan and a willingness to commit to that plan.  Financial Independence is what everyone wants, but very few people ever achieved it. There are probably many ways to achieve financial independence, but if you want to achieve it legally, and without the fears of EFCC, ICPC and SARS breathing down your neck, your options are limited. To achieve financial independence, you need to achieve a mastery of at least two or all of three income types: They are: A. Earned Income B. Portfolio Income C. Passive Income. In this article, we shall focus on 7 Steps derived from the

You have probably heard that 'nothing in life teaches better than experience'. How true! Chronicling my journey through life and career, it is amazing how time flies. But nothing beats the experience earned along the way. In your early years, especially through the teen years to early adulthood, you are probably like me, and viewed life with a rose tinted glass. You wondered why older people are not better than what they are, until you get to their age and experience what they did. As a young worker, you wonder why your bosses are not better, richer, hotter or sexier than they are, especially in their mode of dressing, spending or eating habits. You wonder why the roads are not better than the way they are, why the government would not think of all the things that the governed want, and why all the ladies would not see the genius that you were going to be. Yes. Which you were going to become. It is the age of self absorption, and you are the center of it all. After