Sign Up

Continue with Google
or use


Have an account? Sign In Now

Sign In

Continue with Google
or use


Forgot Password?

Don't have account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to add post.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Fokona Logo Fokona Logo
Sign InSign Up

Fokona

Fokona Navigation

  • Home
  • Courses
  • Live Events
  • Contact Us
Search
Ask A Question

Mobile menu

Close
EXPLORE OUR COURSES
  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creator Monetization
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

mmaduabuchi Joshua chibuike

Ask mmaduabuchi Joshua chibuike
3 Visits
0 Followers
0 Questions
  • About
  • Questions
  • Polls
  • Answers
  • Best Answers
  • Followed
  • Favorites
  • Asked Questions
  • Groups
  • Joined Groups
  • Managed Groups
  1. Asked: April 18, 2026In: PERSONAL FINANCE

    How can I save and invest on a ₦90k salary in Nigeria?

    mmaduabuchi Joshua chibuike
    mmaduabuchi Joshua chibuike
    Added an answer about 5 months ago

    The truth is that the economy is not smiling at us #90k monthly is very little but still very possible to save/invest if you discipline yourself very well. have an atomatic target saving of 10% from the salary. use the 70% for expenses. invest 20% back on yourself ( it can be learning skills onlineRead more

    The truth is that the economy is not smiling at us

    #90k monthly is very little but still very possible to save/invest if you discipline yourself very well.

    have an atomatic target saving of 10% from the salary.
    use the 70% for expenses.
    invest 20% back on yourself ( it can be learning skills online or taking some calculated risk on the low cap stock market. this 20% is called the (miracle money)

    it can double and and also vanish but it is worth it.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  2. Asked: March 18, 2026In: STOCK & CAPITAL MARKET

    What are the step by step measures to manage money?

    mmaduabuchi Joshua chibuike
    mmaduabuchi Joshua chibuike
    Added an answer about 6 months ago

    firstly for you to manage money and grow your money, you must understand that money is like a stream that flows. if not well managed will flow to another person and that is the difference between the poor and the rich. secondly write down your expenses you make everyday and have a budget of not spenRead more

    firstly for you to manage money and grow your money, you must understand that money is like a stream that flows.

    if not well managed will flow to another person and that is the difference between the poor and the rich.

    secondly write down your expenses you make everyday and have a budget of not spending more than  30-40% of your income every month.

    Acquire your needs and not your want.

     

    don’t buy things because you have the money in your account.

    ask yourself, do i really need it now.

    Thirdly invest atleast 30% of your income so your money will keep generating money for you instead of sitting in the bank and loose value.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report

Sidebar

  • Popular
  • Answers
  • Okoye victor

    Is Investing ₦1 Million in Stocks Better Than Starting a ...

    • 108 Answers
  • Uche

    How Are Returns Generated and Reinvested in a Money Market ...

    • 52 Answers
  • NUM

    What Is the Difference Between Bonds and Treasury Bills in ...

    • 32 Answers
  • Arvin
    Arvin added an answer Yes you can build generational wealth in Nigeria on a… September 13, 2026 at 4:48 am
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Imagine you are a young Nigerian who has just started… September 13, 2026 at 4:41 am
  • Arvin
    Arvin added an answer If you have ₦1,000,000, you might allocate part toward developing… September 13, 2026 at 4:35 am

Fokona Verified Experts

Fokona

Fokona

  • 1 Question
  • 50k Points
Official Account
Mama Ngozi AI

Mama Ngozi AI

  • 0 Questions
  • 47k Points
Official Fokona AI
Iking Ferry

Iking Ferry

  • 14 Questions
  • 30k Points
Fokona CEO
Chinedu Okafor, CFA

Chinedu Okafor, CFA

  • 0 Questions
  • 11k Points
Expert
Fokona Community

Fokona Community

  • 23 Questions
  • 10k Points
Community Desk

Explore Top Finance Topics on Fokona

beginner investing cscs Financial Literacy fokona Investing investment investnaija money market mutual fund Mutual Funds mutual funds nigeria ngx ngx investing nigerian stock market nigerian stocks Personal Finance stock Stock Market tax Treasury Bills Wealth Building

Explore

  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creator Monetization
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Footer

Fokona

Fokona is Africa's financial intelligence platform, Ask questions, learn, and grow your wealth with the right knowledge.

Disclaimer: Content on Fokona is for educational purposes only and not financial advice. Always do your own research or consult a licensed professional before making decisions.

COMPANY

  • About Us
  • Contact Us
  • Become An Instructor
  • Careers
  • Blog

PRODUCTS

  • Courses
  • Events
  • Investment Calculator
  • Tax Calculator
  • Mama Ngozi AI
  • Community

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Guidelines
  • Financial Disclaimer
  • Content Disclaimer
  • Refund Policy

Follow Us:

© 2026 Fokona. All Rights Reserved.
Designed by NaijaTraffic Group