The Journey Across and Beyond II
Hello. Hi. Good morning. Good afternoon, Good evening. Welcome to The Rave, a monthly Podcast, where I talk about topics that are geared towards living a productive life, loving ourselves as well as others a bit more, and ultimately growing to become a better version of ourselves. The journey across and beyond will be thrown in once a while.
It’s basically me talking about random things in my life. It’s more like bringing me closer to you. My name is Micheal Olaniyi, and if you will, Mandrel Mykels, it’s so lovely to have you join me here. Other times I won’t be doing this alone. I’ll have other amazing people who would either anchor with me or will be interviewed. Anyways, all the opinions shared on this podcast are majorly subjective. It’s yours to do whatever you would with it, but majorly, I do hope you pick a thing or two. Welcome to the best Days of our Life.
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If you came here seeking financial advice from an expert, then this might not be the episode for you, but wait! before you go, I guarantee you would learn. After all they say experience is the best teacher. In today’s episode of The Journey Across and Beyond, we’ll be gisting about some financial choices, mistakes, and all those sorts of things that we can both learn from.It’s more like washing our dirty linens outside.
I wouldn’t be doing this alone today. I would have my guyest guy with me, and he’s none other than Jingoza Fieyinfogo. Hello everybody, how you doing? How is efrething? Jingoza, why you tie face like this you no dey smile like before what happen? Continue, continue. I go tell you wetin happen later. No worry yourself.
All right then. It’s no news that money ranks among the most essential things in our reality today. You want to do this one, money, you want to buy that one, money, you want to toast girl sef billing yapa, The one wey dey pain me past sef na even if you dey find money gaan, you need money! Hahaan. KILODE?!
I swear my guy, See everything like this money gas just dey involved. Money is needed to start it and even in the maintenance money is required. Jingoza, there are three stages in this money thing. The first one is making money, which is one of the hardest. Then managing the money again, which is equally hard. Then growing the money, na there work dey.
Ehen now, money hard to make. But e dey very easy to spend, work for 30 days to make small money like this. 30 minutes o tin a taan! Or less sef wetin you dey talk.
So I’ve been reading this book by Richard Templer, The Rules of Wealth, and I’ll make reference to rule number nine. It says, “Decide what you want money for”. This is profound cuz it becomes a driving force, which even though your working environment or where you are is stressful. Persevere. Okay. Just to be clear, now, there are certain working environments that you have to leave, but of course we have to learn to be tenacious, you know, cope with things you get Yeah.
Jingoza, What do you want money for? Shey me? Ha. I want to haff money so I can jaiye ori mi and not be working with my Oga Tasiu, that man dey stress me. Oh. Oh, that’s, that’s nice. Yeah. For me it’s, it’s basically divided into three things. Number one is wanting to afford all I want and all I need. I don’t want stress.
Number two, being able to provide for my family, friends, and, you know, other people that may need or require help and assistance from me.
Lastly, to be able to have control over how I spend my time. Ugh, it’s so profound for me.
So now, now you, you are feeling yourself. Pele Aristotu, you shall not intimidation of me.
Guy, calm down jor. Look ba, your reason for wanting wealth doesn’t have to be like mine or Jingoza’s, think deeply about it cuz it’s very essential to whether or not money will flow to you. The way the universe work is quite tricky.
Ehen calm down. Sheyb you ask me that time that what happen that I am just fajuro that I am just tying my face. Eh, Yeah. Yeah, I did. I know I did. Sheyb you know, that me I used to play Surebet uh, you know, with my odds and everything… the one I’ve been warning you to stop doing abi? Whoa, whoa, whoa. Leave that one. Leave that one. Leave that one sha hear. What me I want to say, e get this guy Mutiu in our area.
Omo kinkini, small boy is, uh, my friend oh Eyin ejoh that introduced the boy to betting. Omo yi kan fii 800 naaira play bayi. The boy win 38million, moni, Ha! Me that i’ve been playing this thing lati aye tipe tipe highest ti moti win ni surebet yasin! Ko ju one five lo. Mo de ti ma no boya bi six million. Ewo inu mi o dun o, the thing pain me gaan oh
Okay. I, I think Jingoza, you know, what this basically brings to my mind is, um, the, the idea of luck, luck itself is a powerful force, but relying on it is setting yourself up for failure.
You get lucky and you win the money. Do you have the knowledge to even keep the money? You know, this, this Mutiu guy you just said now, I just hope in the next two, two years is far. Maybe in the next one month or three months the money have not finished and then he’s back to square one and all of that.
So, luck is essential, but relying on luck to make your money is. Uh, well, I’m not hating on those that play sure bet, but good luck. Good luck.
Another thing that comes to my mind was one time I invested in one crypto contract like that. Omo it sha ended in premium tears, my money gone. FIAM!
So, they gba your Oju. You can say that. Well, why that happened was cuz I didn’t take out time to study about the stuff. Currently I have money tied up in crypto, which is growing by the day.
So what you’re trying to tell me now is that before you put your money inside something, You must know about the something. Yeah. Yeah. Actually, actually that is it. Why most people lose their money is cuz one, they try to rely on luck and they don’t have and proper knowledge of that thing that they are investing their money into. Having knowledge about what you’re investing into is quite essential.
Jingoza. Hmm. As in guy, I don do things, so another one that comes to my mind now is one that time, give away. This guy, he was like, Okay, he just came back from the Atlanta then or something that, Okay, he’s a foreign exchange, until now, I still get all these people that are in Fx, cause of that guy, although, I’m not hating. So he was like, he’s in foreign exchange and all of that on his status.
On his status he was just doing give away, Omo guy, I just dey try, I no win o. I think on the last day of the giveaway, he was sha like, okay, people should send in money that he was going to help them double the money. And yes, at that time, I had 50K in my account, and I needed money, you know, to prepare for certain things. In my mind I was like should I send the 50k.
If I send the 50k, it will become 100k. And then, you know, one mind was just saying, Okay, test this market. So I sha just put 2k. At least I’ll get 4k. My brothers and sisters, I never see the money. Ori Iya e lo yo e. Your mother is the one that save you.
Well, I’m just looking at it now I’m just even thinking of those that now put a lump sum, maybe a money they were supposed to use for something and then, Omo the money don go be that o. Ojukokro is not good o. Is ojukokoro that use to kill people. Is MMM that just come to my mind, but make I no talk because e fit makes some people start dey cry now . One thing wey me I dey do now like this is Ajor. Na that on sef dey help me wey be say when all this betting wey be say all the money just dey lost e no too dey pain me cos Baba Alajor when e come like this you understand?
You know, that una go wait for salary. “Salary” small money. But we now, every day ni ojor 5k, 10k. So if Baba Alajor come we will just say okay take this one and then we plenty wey dey do am, and then by the time the month go end the money wey you go pack gaan sef.
Yeso actually Jingoza, I myself, I’m into one too, and as I don’t trust myself with money, that’s just the best way to keep money.
One thing I’d like to point out is diversification, like next year, like this Jingoza I’m going to become a farmer. I’m going into farming too. I still have my eight to five job, my podcast. And by the way, if you want to advertise your brand for shikini money… Ha! You wanto be talking it ni? Sheyb we have one audio you record that time? Oya! let’s play it…
– Oh hey. Before I forget, if you’d like to advertise your business, brand, event, product, or anything at all, you could reach me on Micheal.firstname.lastname@example.org, or you could send me a message on 0 8 0 8 3 3 4 3 8 4 1.
All right, welcome back. So if you’ve been getting value from this podcast… Edakun! Come and do advertisement with us tori oloun… Jingoza! why e come be like, say you dey beg ni. Don’t mind him. You don’t have to feel pressured. But we would appreciate the support.
Moving on. Another thing I would like to talk about is consistency and intensity. I think there’s an episode I spoke about that. Go and listen to it. You all know Warren Buffet, and if you don’t go Google him.
He’s one of the billionaires’’ in the world today. At some point, the richest man in the world, he started investing at a very young age from the 1940s and kept at it compounding interest. And today his network is 117 billion. Let me say it again 117 Billion. Billion, billion, billion.
Did someone just asks what compound interest is? Well just say it’s interest on the interest of your money. So lenu kan sha somebody that save 10,000 every month for 10 years. It’s better that someone that is saving 50 K once in a year.
Yeah, something like that. And then when it’s put in accounts or an investment that allows the interest to compound, So say for example, you invest a thousand, let’s say for example, most companies don’t give that much interest. Let’s say 10% interest, 10% of a thousand is hundred right? Yeah, it’s a hundred now. Yeah. Yeah. It’s a hundred now. Oh, I don’t know Math. So, say after the first month, the money becomes what? 1000 and a hundred now then the next month. When interest is going to come, it’s gonna be 10% on 1100, not 10% on that 1000 alone.
Do you understand? And then it keeps going, Keeps going. Do the calculation yourself. Don’t stress me.
You know what? You know as you say compound interest. I think that pe, you are talking about fine girl in your compound that you have interest in ni o.
No joor! Jingoza you are not serious. That’s not, that’s not what I meant. See where your mind go, Ah, guy! you be ashawo. Ehn, I gree, I be ashawo. Who no like woman go suffer jor
– So did I ever mention growing up with my grandma? I don’t think I did. So something funny, not funny now, just exciting as this woman probably at the age of my late grandmother. She was with a girl by the way I was fetching water.
– She was like, um, in yoruba. She said, uh, shey mo shi je gbese, meaning am I still owing? Like, Okay. She gave the young girl her phone to check if she was still owing the network provider. And then the girl checked and then she said, e shi je gbese meaning she’s still owing. And then the next thing she was going to reply with is alone Oloun oni jekin je gbese meaning God will not let me be debtor.
– Yeah. I don’t even know why I’m saying this, but it just seemed exciting to me how we as people, we try to just look for a soft cushion and a landing for stuff and it’s, it’s amazing to see how that maybe when we get older that’s how we are going to be, I don’t know.
– It was just exciting to me. And then I just thought to share with you, so yeah. Bye. I’m going to go and continue. Finish.
Lastly, before we go, know the difference between short term, midterm and long-term investments, but by all means, think long term, biko invest in the day you’re not going to be able to work again.
Um, with this, we’ve come to the end of the episode today, I’m sure we were just rambling. And. Probably, uh, I don’t know, but I, I hope you got a thing or two. But essentially, um, before I go, let me just give this word of encouragement. You might not have a million now, you might not, um, be where you’d like to be, but the truth is just keep trying.
Just keep trying, try to put in the work. The one thing I’ve realized for myself, in fact, is some of us are actually too lazy to get the money or to be able to afford the kind of lifestyle we want, and then we tend to resort to all this vices and all this other nonsense things.
By the way, you’re not permitted to go into Yahoo Yahoo, You’re not permitted to do any diabolical thing. You are smart enough to make those millions. You don’t need any of those things. You don’t need to cheat someone to make money. Cheating someone to make money is not good. And why? I said some of us are actually too lazy. It’s cuz I, myself have been wanting to learn copywriting professionally, use it to make money.
And then I realized that okay, I started a course on, um, contents, is it creation and content creation and marketing. Now for a couple of months, I’ve, I’ve just been reading and stopping reading and stopping. the knowledge I’m supposed to even get I’ve not gotten it. So that laziness is there.
Alright. Sometimes we know what we are supposed to do but we don’t just have that enough driving force. Yes, I do understand that in this part of the world, things can be stressful and it can get out of hand. But we’ve been surviving and we’ll keep surviving. So I guess all I’m just saying is, um, keep trying, keep your head up.
Trust me that money is going to come to you. Keep the mind of possibility. Don’t go saying bad things and you know, I can’t do this. I can’t, don’t go saying that to yourself. Yes. Yes. Don’t do that. You understand? You see, Always have a mind of possibility. Possibility. Is the thing that… and you think that, But if, um, Continue, continue. I no talk again. I no talk again.
Jingoza you are smoker. So, yeah. Yeah. So just, just have a mind of possibilities and trust me, everything is going to be fine. So with this, we’ve come to the end of the podcast today. Jingoza, Is there anything you’d like to say?
No, no. You don talk everything wetin I wan talk? You want people to now say that this your Jingoza e dinor even have sense like you, don’t worry. You have say everything. What he say gaan, Yes, exactly. Is what me too I am saying.
All right guys, till next time E go be!
Thank you very much for listening. If you enjoyed this, please do well to check us on all your podcast listening platforms. But for this month, I would like you to check us out on Podchaser. Podchaser. Podchaser just search The rave: Live, Love, Grow, and leave a comment. Leave reviews, leave a like, whatever. Be honest, but if you feel we’re not doing a good job, just creative criticism.
Thank you so much for listening. I love you.
THE RAVE: LIVE, LOVE, GROW