Ask Shade About Trusts: Is It Right to Name My Son as My Beneficiary and not My Wife?

By | Ask Shade | No Comments

A trust is an arrangement in which an individual’s assets are transferred to a trustee to hold for the benefit of named beneficiaries. With a trust, you can not only ensure that your wealth is preserved for your son, you can even pass this wealth down through generations. Hello Shade, Is it wrong to name my son as a beneficiary in important documents instead of my wife? It’s not like I don’t trust my wife, it’s just that I can’t gamble with the future of my only son. What’s your professional advice please? – Dr. Duke, Calabar. *** Hello Dr. Duke, I must commend…

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Now or Later?

By | Ask Shade, Job Hunter | No Comments

Derick and Raymond have been best of friends from their university days as they shared similar vision and life aspirations. This bond is evident in their career aspiration as they both gained employment in the same organization. Tenacious in realizing their ambitions, they pursued their career goals with every sense of commitment and were consequently rewarded with accelerated promotions and attractive salary packages. Derick was advised of voluntary contributions by his Pension Fund Administrator (PFA) as an additional means of investment towards retirement. He was fascinated by the attractive benefits of having voluntary contributions asides from his statutory monthly contributions,…

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Baby Juliet’s Future

By | Ask Shade, Investment 101 | No Comments

When 34-year-old Damola gave birth to her daughter, she felt that her life was finally complete. Baby Juliet was the apple of her mother’s eyes and Damola spared no expense in giving her the very best. As a single parent, it wasn’t easy for Damola to cope with the demands of heading the Customer Service department at work, building her side hustle and raising a child alone, but she faced these responsibilities like a superwoman. Her friends and family tried to pitch in as often as possible but in the end, the bulk of the work lay with the mother…

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A tale of the triplets

By | Ask Shade, Storyland | No Comments

Jude, Jeff and Jaime were born on the same day to the same mother, looked almost the same, grew in the same household yet they were vastly different as black is to white. Jude was an incredible optimist. He was that man who believed that there was something good in every situation. He expected awesome things to happen for him and they did. He often joked that it was for him that the word ‘luck’ was invented. The man who was willing to live life to the fullest, take chances and learn from any mistakes whatsoever. Jaime was the indifferent…

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Just like a scene from the movies…

By | Ask Shade, Life Bits | No Comments

Esther stood for close to an hour drinking in the sight of her husband Felix as he lay cold and lifeless in state. She tried to remember how well she knew him before his sudden demise- but the recent events of the past few hours brought her back to reality with the reminder that perhaps she didn’t know this man as well as she had thought. Esther had watched strangers stroll into her home the moment her husband’s death hit the news claiming to be family. Felix Brown was the CEO of Brown Entertainment – a foremost multimillion-naira entertainment company…

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#ILoveMyFamily: This Landlord Wahala Must Stop!

By | ARM Savings plan, Savings Plan, Storyland | No Comments

We left our former place because the Landlord insisted we pay two years rent in advance at the expiration of our first year’s rent. We couldn’t afford it. I went to his house to plead but he said we pay or move out of his property. He was so arrogant and insulting. I left his place and went home to meet my wife, Chidinma. When I narrated my ordeal to my wife, she was furious. It dawned on us that it was high time we started making plans to own a house – the way most Landlords treat tenants in…

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#ILoveMyFamily: (Episode 1): Welcome to Our World

By | Living Benefits Show | No Comments

My name is Lakunle. I am a husband, a father of two, and a salary earner. I married my wife, Chindima, the most beautiful woman in the world as far as I am concerned, five years ago when I started working. I met my wife during my National Youth Service Corps year in Enugu and we became best of friends. We had good plans. We shared our life goals and we were ready to take on the world. My two children, Nifemi and Chinedu, are very special to me. Nifemi is the older of the two. We had her on…

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How to deal with the inevitable expenses of 2019

By | Investment 101 | No Comments

Some things remain constant with each year while some new situations welcome themselves regardless of our level of preparedness. Here are some things that will likely gulp your money in 2019 apart from your daily home expenses.   School fees – If you’re a parent, you must know that you will pay school fees thrice this year. The last one in September being of a bigger sum because your child will be entering a new class which will demand some financial responsibilities. Valentine’s Day – February still has 14th on it and the world will mark Valentine’s Day. Unless you…

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My uncle’s children

By | Living Benefits Show | No Comments

My cousin Gerald has visited again. This time, he is staying for one month to buy all the necessities for his first year at the University. Dad would be funding it as usual. I and my five siblings have gotten used to seeing my dad fund his nephews’ education while my uncle did his best to keep populating the world. My mum wasn’t against dad helping his nephews, but she kept prodding dad to save some money for his own children’s education as well since we were all still quite young. Dad didn’t understand her. He believed that if he…

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Don’t be like Uncle Jimoh

By | Storyland | No Comments

The moment I crossed that finish line and felt the coldness of the medal as it was hung around my neck, I felt truly victorious. When 2018 began, I had pledged to be a healthier version of myself, get serious with investing, get married and begin planning my retirement. The latter was informed by my uncle’s heart-attack on his 65th birthday which the doctor relayed was partly due to his hard work and little or no rest. You see, Uncle Jimoh had retired but had to keep working at a Primary School to make ends meet. His children could have…

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