We all want the soft life. Vacations in Zanzibar, spontaneous brunch dates, clean sneakers every month, and lots more. But here’s the thing: soft life isn't free, and if we don’t learn how to handle money early, we’ll keep playing survival mode while life’s passing us by.
So, let’s talk real: how do you start building your finances from now, even when you feel like you barely have any money?
1. Budget
Every month, your money enters and disappears like magic. Why? Because you don’t tell it where to go. Start creating a simple monthly budget. Apps like Money Manager, PocketGuard, or even Google Sheets can help.
Set limits for data, feeding, transport, black tax, and, of course, enjoyment. Budgeting isn’t punishment. It’s control.
2. Saving Isn’t Just for Big Earners
You don’t need ₦1 million before you start saving. Even ₦500 saved consistently can build discipline. Try the 50/30/20 rule:
50% for needs
30% for wants
20% for savings and investment
Use features like automated savings or try thrift platforms that lock your money (because temptation is real).
3. Build Credit, Not Debt
Buy now, pay later is sweet until the bills come knocking. Avoid debt traps like borrowing for lifestyle upgrades. If you must borrow, let it be for investments or urgent needs, not wants.
That new iPhone won’t feed you next week. Prioritize wisely.
4. Make Your Money Work (Even While You Sleep)
Don’t wait till you “blow” before investing. Start small. Invest in bits.
And for passive income?
Sell digital products (eBooks, designs)
Offer skills online (editing, tutoring, copywriting)
Affiliate marketing. Your phone is more than just for Instagram reels, use it to cash out.
5. Accountability is a Superpower
Surround yourself with people who also want better. Create savings challenges with your friends. Listen to podcasts like The Smart Money Tribe, I Said What I Said, or even watch YouTube finance series.
The earlier you start building money habits, the less likely you are to fall into the "na condition dey make crayfish bend" lifestyle. Even if you’re still balling on NYSC allawee or student stipend, learn to multiply your ₦10k before your ₦100k comes.
Soft life requires structure, start building yours now.
