Naira Life Vol 171

Good Morning, 🌞

“Start early.”

It’s one of those money rules that sounds obvious until you see it play out in real life.

This week’s dispatch looks at three people in their early 20s, all optimising for options and freedom.

Across their stories, a few things jump out. Money mistakes can be a rite of passage. Financial freedom is usually built methodically. And the most reliable starting point is still a stable income.

Let’s jump in.

In this letter:

• #NairaLife: She Earns ₦2m/Month, but Hasn’t Forgiven Herself for Early Financial Mistakes
• I Make ₦45m/Year at 21. Here’s How I’m Building a ₦1bn Net Worth by 30
• I’m 23 With a Medium-to-High Risk Portfolio. Here’s How I Invest
• Where The Money At?!

The 21-year-old in this #NairaLife has come a long way from her first $5 payday. In just three years, she’s grown her income to over ₦2 million/month. Still, she rates her financial happiness a 5.

Why? She regrets not taking her finances seriously early on and feels behind compared to her peers.

Saving doesn’t stop life from happening.

When things come up, Carbon doesn’t force you to choose between progress and survival. Your locked savings keep growing, and you can use it as collateral to access a loan at just 3% interest.

It’s saving, built different so you can move different.

When Adeniyi* (21) was a 17-year-old uni freshman, he made his first million naira on social media.

Today, he works in Private Equity, earning a ₦45 million/year salary and managing infrastructure deals. He plans to reach a net worth of ₦1 billion by his 30th birthday. Here's how.

We've been telling relatable stories about how Nigerians earn, save and spend their money for years, and now we'll have a dedicated platform for more honest and open conversations about money.

Our promise is simple: No fancy jargon, just the information and clarity you need to make confident financial decisions!

Kiki (23) breaks down the structure of her investment portfolio, from Nigerian and US stocks to equity funds, ETFs, and dollar assets. She also explains why she’s comfortable taking medium-to-high risks for long-term growth.