Thus, 6 -Digit portfolio was achieved 30 with multiple revenues

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One of the most effective ways to achieve a comfortable lifestyle Developing multiple sources of income. A recent study by Sage revealed that 32 % of young people between the ages of 24 and 44 have a second job, along with 28 % of those between 45 and 54 years old. On the other hand, 68 % of young people between the ages of 16 and 34 claim that they have several sources of income in addition to their main work.

“Euronews” speaks with Savvymoneygirl, financial influenceon How did you create a six tool investment portfolio And why it is believed that it is very important Start in investment Bonto.

How to create an investment portfolio of six tools

Although a group of several billions of billions may seem impressive, okpechi stresses this Its success has not occurred overnight. He stressed the importance of starting little by little and being fixed, even in front of Economic pressure Cultural barriers.

I grew up in a traditional African house, He saw directly how financial issues They are often considered mastery of men, and cultural standards often shorten women’s financial training.

“I started very young, at the age of 16, To be very intended with my money. At that time, interest rates were very decent, and an investment in treasure messages can be achieved with an annual profit of 20 %. I began to learn to carry a business and financial affairs management as a woman, just to show that I can do the same as a man, and the knowledge that I gained in doing this changed my life, “explains OKPECI.

His method consists of Preparing micro -budgetsLive your capabilities and save money regularly. He says: “Over time, I went to provide investment in the cabinet letters, the company’s tacit notes, and the bonds of companies and procedures.” Many young people resist investment Because they believe they need to reach a certain level of income before starting a larger amount.

“I did not expect to win a lot. I started investing as a student with what I had and this made me Find other ways to get additional incomeLike paid investigative studies and online special classes. I even tried to write a blog, but I had to leave it for my studies, “as he says:” Over time, thanks to complex interest and continuous investment, it was growing. I tried to create wealth as a long -term relationship: commitment, patience and reviews. “

The presence of several sources of income is the key

He is currently his financial effect Eight sources of income. Among them, their full -time work as “Scrum Master” (a professional who leads and facilitates the work of the Agile team (SCRUM) and his work with his work as a health assistant. Digital products, such as e -books, financial evidence, and supplier lists, are formed. A third source of income, While advertising contents, including associations and cooperation with brands, are fourth.

Another source of income It comes from your investmentsWhich includes real estate investment funds (ReIT), procedures and indexed funds. At one point, okpechi got Five stock profits. Subscriptions, including members ’payment members, to assume another source of income.

It also earns money by marketing belonging and Create contentAnd it is currently creating Moneybestie, Financial technology application Based on artificial intelligence designed to simplify financial education, especially for women and adolescents.

“I pay myself first I am constantly investingI am only investing in what I know and understand, so keep it boring and simple. “

Invest soon: Why shouldn’t you wait?

One Main advice Okpechi gave young people who start creating their wallets to start little by little, but with intelligently, controlling expenses and maintaining the budget. He also insisted on the importance Live under possibilities The group pressure resistance, in addition to obtaining a valuable skill.

“There are good debts and bad debts, Bad avoid. Invest soon and stability, even if it is only 25 pounds (29.8 euros) per month. Automation of your savings and investments if necessary, so the complex interest will grow your money faster. Time in Market “It is better than synchronizing the market,” said Okbishi.

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It also highlighted the importance Avoid lifestyle enlargement, This happens when expenditures and income increases. “Learn about money as if your financial freedom depends on that, because it depends on it!”

According to the Schwab Modern Wealth 2024 survey, Genetic It begins To invest a long time before previous generationsIn the average age of 19 years. This contrasts with “Baby Boomers”, who started investing about 35 years old, and Millennials, who usually start from 25 years.

OKPECI also I recommend web sites such as NASDAQ, search for Alpha and Dividand.com For young investors who start. As valuable resources, he suggests books such as “The richest man in Babylon”, written by George Clasison, “Smart Investor”, by Benjamin Graham, and “Rico’s father, poor father”, written by Robert Keusaki.

The challenges on the road

Okpechi emphasized that the lack of awareness of the traditional African vision of money was conscious An important challenge on your journey. Especially since many African cultures give priority to the transfer of wealth and goods, such as characteristics, to male heirs.

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It is often expected to marry girls, move to the husband’s home and rely on him for his economic security. Thus, Investing in girls is usually a waste of resourcesThis means that many African women are difficult Achieving economic independence Later in life.

There was another challenge that Okbishi faced Treat the antichrist syndrome as a woman It works in financing and technology, as well as facing gender stereotypes in a male sector mostly.

Investments and financing remain Fields that are largely dominated by menAnd women and women experts often have to show their experience and credibility constantly, especially when they go to the audience. The reconciliation of multiple jobs and dealing with fatigue, along with resisting social expenditures and group pressure, was other obstacles.

“I learned Forget me financial errors And move forward anyway. If I have to do this again, I will talk openly about money. “Breaking the shame and helping others grow,” said Okbishi.

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