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10 Lessons From Rich Dad, Poor Dad

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1. Manage your money:

Many people are able to make money, but not everyone learns how to manage it properly.

Financial intelligence starts with learning the difference between assets and liabilities. 

ensure that you have more money coming in than going out, which is what will make you richer. 

2. Pay Yourself First:

Most people earn and spend their salary paying bills.

A rich person always pays himself.

Invest in

– Courses

– Books

– Experiences 

3. Saving and investing are different:

Saving is considered a must and a good habit.

You need to invest your money instead where it grows at a higher rate than inflation.

Saving weaken the purchasing power while investment will increase the value of your money. 

4. Learn taxes:

If you are rich and lack financial literacy, you will end up paying a lot of taxes.

The rich have their investments often in learning, so they have to pay fewer taxes. 

You need to have financial IQ in different areas like accounting, investing, market forces, and the law. 

5. Do not rely on a single source of income:

Most people rely on a single source of income.

You can never become rich and financially secure if you are one of those.

You should have 2 to 3 streams from where you earn money. 

You will be in better position even if you face some financial crisis if you multiple income streams. 

6. you become smarter by taking risk:

Unless you take a risk, you cannot grow, grow as in grow really big.

You should take a risk because some opportunities in life have the potential to change the course of your life. 

7. Everyone needs to be a financially literate:

Intelligence solves problems and produces money.

Money without financial intelligence is money soon gone.

The sad part about the education system around the world is that it teaches to work for money. 

The system never teaches how to make, manage, and keep the money.

You should learn how to create wealth and make a plan to achieve financial freedom. 

8. Mindset is everything:

Poor dad always used to say” we can’t afford this “whereas rich dad teaches him to replace it with “how you can afford it?”.

In This way, replace your negative attitude into positive and you will definitely  find ways to do achieve that target. 

Your attitude and mindset matters the most.

The first and foremost thing to do anything is that you must believe in yourself. 

9. Surround yourself with people smarter than you:

There is a very popular saying ‘If you are the smartest person in the room, then you are in the wrong room.’

If you want to be smart, surround yourself with people smarter than you. 

10. Control emotions:

The situation only gets worse for you when you are not able to control your emotions.

The statement holds good for both personal and professional life situations. 

You should learn to control your emotional balance and be focused on accomplishing your financial goals.

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Education

Lagos education ministry to investigate student’s exit from school for covering textbook with obi poster

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Lagos State Ministry of Education revealed that it will deal decisively with any teacher or staff caught promoting political hatred among students. 

The state commissioner for education, Lagos state Mrs Folasade Adefisayo in a press released signed by the ministry’s Asst Director, Public Affairs, Ganiu Lawal disclosed that the ministry has summoned the principal to explain his actions.

The education ministry which is investigating the story of a ten year old Marvelous Barinaadaa that went viral on social media after her father complained that  his Daughter was Exited from Odomola junior  Secondary school, Epe in Lagos on the 14th of this March for using the poster of Peter Obi to wrap her text books  pointed out that all it’s agencies will never indulge nor instruct any school, teacher,  principal or personnel to act in such a manner. 

 Mrs. Adefisayo reassures Lagos students and the public that the issue will be dealt with decisively without delay within the ambit of Lagos state strict regulations on education explaining that the reason for sending home the  student, if the story is confirmed to be true  is unacceptable.

Mrs Adefisayo further revealed another case of a school principal at Odonguyan who was recorded on video camera that also went viral on social media in which the principal was campaigning for the political party of her choice to the students at the school premises unveiling that the offender has also been subjected to appropriate disciplinary measures.

Mrs. Adefisayo added that her ministry is always poised to promotes and operate a public school systems that is  devoid of politics and political insinuations. She re-emphasize that a thorough investigation has been launched into both issues  while measures to ensure justice and peaceful environment of learning will be ensured with a view to curtail future occurance of such incidents.

She said that anyone found violating the state civil service rules will be subjected to disciplinary measures.

Earlier, the complain letter published on social media by the parent of the child informed the public that the school Principal of his daughter who used Peter Obi poster to wrap her note Book without knowing the political implications of what might later erupt exit his child from the school.

The posting further explained that the child didn’t know anything about Politics but was sent home from the school without the school authority informing her parents of her fault and what measures the school has taken. 

The parent lamented that their guilt was supporting Peter Obi to be president and his labour party, asking the public if the principal’s action is noble. 

The parent sent the post with the letter written by the school principal and ended with “And after all we will say we are one Nigerian” requesting anyone that comes across the letter to repost in all obidients flatforms

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Education

2023 Elections: Bauchi return indigenous students to exercise their franchise 

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Bauchi State Governor, Bala Muhammad  has directed all Bauchi state students, studying at various institutions of learning especially the higher institutions across the country to be transported back to the State with an aim to  cast their votes this weekend.

The state government according to the governor will take care of all their transportation fare and expenditure.

This directive is coming at the heel of the National Universities Commission order for the closure of all higher institutions ahead of this week’s general elections.

Farouq Mustapha, the Director General of the PDP Campaign Council in the state is saddled with the responsibility of ensuring smooth conveyance of the students while processes of the activity has begun.

Governor Bala Muhammad has settled over 300 million naira students fees that are expected to write this year’s NECO and JAMB in public secondary schools across the state, 

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Education

Alkalam Writers to hold public commemoration, book presentation on late broadcaster, author Mahmoon Baba-Ahmed

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Alkalam Writers Association, Kaduna, says it is organising a public commemoration and book presentation on renown Hausa broadcaster and author, Alhaji Mahmoon Baba-Ahmed, who died five years ago.

President of the association, Hajiya Halima Abdullahi Kofar Mashi has revealed 

She says the event will take place at Arewa House, Kaduna, on Thursday, February 9, 2023, which falls on the fifth anniversary of the demise of the journalist. 

Alhaji Mahmoon, whom she described as an elder statesman, died in Kaduna on Thursday, February  9, 2018, aged 77.

He first made a name for himself as a correspondent for the Federal Radio Corporation of Nigeria (FRCN), Kaduna, in several states. Subsequently, he served as the General Manager of Radio Kano and later as the Managing Director of Kaduna State Media Corporation (KSMC).

In retirement, Mahmoon devoted his time to writing on contemporary issues, running weekly columns in newspapers including The Triumph, Blueprint and Aminiya, as well as commentaries on the Kaduna-based DITV Television, Liberty Television, Alheri Radio and Liberty Radio.

A literary enthusiast, he authored six books in Hausa that included a poetry collection titled ‘Dan Hausa’, two plays (‘Uwani Reza’ and ”Yar Halas’), and translated three plays of William Shakespeare.

The Shakespearean plays he translated are ‘Macbeth’ as ‘Makau’, ‘Julius Caesar’ as ‘Jarmai Ziza’, and ‘Romeo and Juliet’ as ‘Habiba Ta Habibu’. 

The press release said a key part of the commemoration is the unveiling of Mahmoon’s last book, ‘Habiba Ta Habibu’, which was only published this year.

Hajiya Halima indicated that Kaduna State Governor, Malam Nasiru Ahmad El-Rufai, is scheduled to attend as the special guest of honour on the occasion, while the proprietor of Liberty Television, Dr. Ahmed Tijjani Ramalan, will serve as chairman.

She said the Emir of Zazzau, Ambassador Ahmad Nuhu Bamalli, is the royal father of the day, while a former president of the Federal Court of Appeal, Justice Umaru Abdullahi (Walin Hausa), is the special guest.

She added that the Kaduna Zonal Director of the FRCN, Alhaji Buhari Auwalu, is the guest speaker, while a senior lecturer at Ahmadu Bello University, Zaria, Professor Adamu Ibrahim Malumfashi, is the book reviewer.

Several other stakeholders invited to the event have confirmed their intention to attend the event, she said. 

According to the president of the association, the motivation for the event is both to highlight the great patriotic works of Alhaji Mahmoon and emphasise the need to celebrate the contribution of some Nigerians to national development after they are gone.

She said the event is also an opportunity to give posthumous awards to some members of the association who are deceased.

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