Dr. Yemisi Lucy Adepoju, a renowned author and multi-political entrepreneur, has urged Nigerians to break away from limiting beliefs about money and adopt deliberate wealth-creation strategies. According to her, financial freedom begins with a change in mindset. She made this statement during the unveiling of her book, "Broke AFTER PAY DAY?" The hidden crisis killing Employees Dreams and how to break free, held in Port Harcourt over the weekend.

Dr. Adepoju identified inherited beliefs and attitudes as major obstacles to financial freedom, citing the popular saying that "money does not grow on trees" as an example of mental conditioning that limits people's understanding of wealth creation. She emphasized that individuals must consciously replace such limiting mindsets with ideas that encourage investment, entrepreneurship, and long-term financial planning.

The author encouraged Nigerians, particularly civil servants, corporate employees, and salary earners, to explore additional legitimate income streams beyond their primary source of income. She suggested agriculture, strategic partnerships, and private equity investments as potential opportunities for building sustainable wealth. Dr. Adepoju described agriculture as a crucial sector that offers possibilities beyond traditional subsistence farming when approached with proper planning, knowledge, and professional management.

Dr. Adepoju stressed the importance of budgeting and disciplined money management, stating that earning money without a clear plan for its deployment could undermine efforts to achieve financial stability. She advised individuals to "send their money on errands" by investing in productive ventures and investments capable of generating further income and creating long-term value.

The financial expert emphasized that genuine wealth creation requires patience, discipline, and a willingness to make informed financial decisions rather than pursuing quick returns. She urged individuals to develop a healthier and more intentional relationship with money, noting that financial success should not be measured only by how much a person earns, but also by how effectively the money is managed, invested, and multiplied.

Dr. Adepoju's book, "Broke AFTER PAY DAY?", has received commendations from reviewers, including Engr. Nnena Nwezeh, Dr. George, and Mr. Best Eke. They described the book as a must-read, praising the author's use of simple language and emphasis on critical principles for financial breakthroughs and sustainability, such as budgeting and discipline.

The book aims to provide solutions to the financial challenges confronting public workers, private individuals, and business owners in Nigeria. Dr. Adepoju's message is clear: breaking the cycle of financial limitation starts in the mind, but building lasting wealth requires action, discipline, diversification, and strategic investment.

Key points

  • Dr. Yemisi Lucy Adepoju urges Nigerians to change their mindset about money and build multiple income streams for financial freedom.
  • The author emphasizes the importance of budgeting and disciplined money management for achieving financial stability.
  • Dr. Adepoju's book, "Broke AFTER PAY DAY?", provides solutions to financial challenges and encourages readers to develop a healthier relationship with money.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.