Each naira earned
should be regarded
as a naira that can
be invested to earn
more naira.
8 •
The Lion King
• October - December 2016
How to treat money
like an employee
By Anthony Osae-Brown
So, if you assume that a productive
employee can increase your com-
pany’s revenues by say 10%, then you
should assume that each naira you
earn, can actually earn you a mini-
mum return of 10%.
Your investment options could be
stocks, bonds or properties or invest-
ment in yourself in a way that devel-
ops your capacity to earn more in
future. So, you could also invest the
extra income in getting a professional
certification for example in account-
ing or getting a masters degree, which
improves your earning capacity in the
future.
The more you think of money in terms
of how much more money you can
earn from it, the more you invest and
the more money you can make, and
soon you will have an army of money
making money for you.
Business
So, for example, if you earn N100, 000
a month, then that money should
earn you a minimum of N10, 000 per
annum. Your challenge will be how
and what do you invest in, to earn you
this return per annum. This concept
means that you are constantly forced
to think of how to make your money
earn some returns for you.
Since, practically, you cannot invest
every kobo you make, the trick is mini-
mizing your cost of living in such a way
that there is more money to invest.
So, let’s say your income is N100, 000,
can you reduce your cost of living
per month to say N60, 000 so that you
have a minimum of N40, 000 to invest
on a monthly basis in such a way that
you earn minimum of 10% per annum?
J
ohn Kennon, a columnist for
‘About Money’ gives a unique
insight into how he treats money.
He says money should be treated
like an employee. Each naira earned
should be regarded as a naira that
can be invested to earn more naira.
