If there's something I have come to appreciate, it is the continuous enlightenment of various investment platforms, which I was introduced to by my sister, coupled with the one here on Hive. This exposure has constantly fueled my curiosity, making me think of various ways to get money to throw into these platforms while growing my interest.
Because of this, any money I see on me, instead of letting it sit idle in my bank account where unnecessary deductions can eat into it, I quickly channel it into these investments.
This is why I have decided to only push the amount needed for my daily upkeep to a licensed financial service platform called Opay, because they don't remove charges randomly unlike our Nigerian banks. Meanwhile, the rest of my funds go straight into those investment platforms.
Three months ago, my sister loaned me a sum of ₦700,000 (around $450), which I pushed into one of these platforms, and I was shocked to see the high interest I would be getting at the end of this month. The platform helps to accrue the interest based on your capital, and after every three months, it's added to your initial balance, and it keeps compounding. I love this system! Same with another platform called "Cowrywise."
The time to return the loan is almost here, and I will be repaying it in full without any interest added. This successful investment has further heightened my desire to secure more funds for future opportunities.
My sister also made me understand that borrowing money is not a bad thing when done wisely, but the purpose behind it matters greatly. Are you loaning to spend lavishly on yourself, or for a business that will fetch more profits? In my case, I'm borrowing solely to invest for my future.
So, if I'm asked right now how much I need and I am certain it will be given to me, what will I say? More importantly, how will I use it? Trust me, all I need money for is investment. I love seeing my money put to work, generating returns, and watching it grow.
At this point, I wouldn't mind getting $10,000, and that would be a solid start for me. Well, some would say it's small, but I believe in these investment platforms. Once I diversify my portfolio and channel the funds into them, the steady monthly interest would be enough to sustain a comfortable life — at least, if we consider money as the primary factor in enjoying one's life.
My plan with the money is well structured and won't exclude buying some Hive Power at its current rate, powering up, and helping the communities while also enjoying over 3% interest in it. Additionally, I would buy HBD and move it to savings, where I can take full advantage of the 15% interest rate.
I believe doing this would be a wise and strategic decision for me. With this approach, whatever interest I get every month won't just serve me alone, it will go towards taking care of myself and my family, ensuring that I lack nothing essential at any given moment. Money is good, and so is the wisdom to make it work for you allowing it to grow while still maintaining a comfortable lifestyle.
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I invite @beckyroyal @oluwa-tosin and @vickoly to participate, too.
