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Welcome to the Bolu Okunade Channel!

It's our desire to see you take active steps towards acquiring limitless wealth.

Therefore, expect daily financial tips and many more from this channel
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If you are going to be rich, you need to be accountable for your money- Robert Kiyosaki

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BOOK RECOMMENDATION

Throughout this book, you'll be taught principles that can help you better manage your money and live a fulfilling life.

Young people in their 20s and 30s will find the insights particularly useful, but anyone who wants to be financially prosperous can benefit.

I have made available the pdf and audio versions for FREE!

Feel free to share these with friends and family
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If you want to know how long it will take you to double your investment at a specific fixed interest rate, the rule of 72 is the fastest way to do so.

The rule of 72 is a simple formula that shows how quickly your money will double at a given return rate.

The Rule of 72 is a calculation that estimates the number of years it takes to double your money at a specified rate of return.

For example, if your account earns 4 percent, divide 72 by 4 to get the number of years it will take for your money to double. In this case, 18 years.

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Investing is an effective way to put your money to work and potentially build wealth.

But, smart investing may allow your money to outpace inflation and increase in value.

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A 401k is an employer-sponsored retirement account.

It allows an employee to dedicate a percentage of their pre-tax salary to a retirement account.

A set percentage the employee chooses is automatically taken out of each paycheck and invested in a 401k account

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FedEx At its low point had $5000 to its name, which wasn’t enough to continue operating as their planes needed fuel and that wouldn’t cover it.

Fed W. Smith took the $5000 and flew to Las Vegas and played Black Jack that weekend with the remaining company funds.

By Monday the company had $32,000 in its bank account

Today, FedEx is worth $50 billion and has over 400,000 employees.

In Fed Smith words "Fear of failure must never be a reason not to try something"

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