Welcome to another episode of Love &amp; Returns — a Valentine-inspired series about love, life and money.



People say you know you’re in love when you always want to make life better for them. When you go the extra mile to make them happy. This is true for Chikezie, who surprised his wife, Nwamaka, with a car, using his investments on Rise.



In this episode of Love &amp; Returns, they tell us about their beautiful marriage, how they navigate their finances, buying a car, and their plans for the future on Rise. Read their story here.



<h2>Tell us a little bit about yourselves</h2>



Chikezie: My name is Ibe Chikezie Raymond, and I live in Lagos. I’m a businessman and have been in business for over 13 years now.



Nwamaka: I’m Nwamaka Ibe, a prospective pharmacist. I’m currently a 300 level pharmacy student at the University of Lagos.



<h2>How long have you two been married?</h2>



Nwamaka: We’ve been married for 6yrs now, and it’s been an interesting journey because I‘m married to the man I love.



Chikezie: It’s just like she said; we’re really enjoying our marriage, not enduring it. And that is the most important thing about marriage— marrying someone that you love.



<h2>Do you manage your finances together as a couple?</h2>



Chikezie: I won’t really say we combine our finances together. We don’t have a joint bank account or shared investment. Instead, we independently manage our finances without feeling obligated to synchronise with each other, without pressure and it’s working for us.&nbsp;



Nwamaka: He’s absolutely right. While we maintain financial independence, giving each other the space and freedom to do what pleases us with our money, he occasionally invests in my name.&nbsp;



<h2>Aww, so sweet. Which of you is better with money?</h2>



Nwamaka: Sincerely, he manages money better than I do.



Chikezie: She is right. Before we got married, I had been investing, even in insurance companies. I believe in the practice of saving and investing, to the extent that we set aside a portion of any funds we receive before spending. I even introduced my wife to a savings technique called &#8220;pako savings&#8221; whereby we set aside money before spending. Though initially challenging for her, after 6-8 months, we were pleasantly surprised by the amount of money we had saved. I have always been committed to saving and feel that I manage our finances better than she does.



<h2>What are your thoughts on investing as a couple?&nbsp;</h2>



Chikezie: Well, I think it all depends on the couple involved and how they want to go about it because investing can be a very critical aspect of some couple’s lives. For us, we think investing individually is a good way to go and it’s going well for us. However, some may not like the idea , and will want to do it jointly.&nbsp;



Nwamaka: My husband is a chronic investor, and as a result, there may be instances where we hold varying views regarding investment decisions. We have therefore allowed ourselves the freedom to make individual financial decisions. As my husband mentioned, this approach has proven to be effective for us.



<h2>Love it! So how long have you been on Rise?</h2>



Chikezie: My experience with Risevest has been reminiscent of a Nigerian movie. I first learned of Risevest through MoneyAfrica, as I subscribe to their monthly newsletter. Upon discovering that Risevest was dollar-denominated, I became intrigued, despite my prior investments being in naira and Nigerian real estate. I believed that such an investment would provide me with hedging protection against naira depreciation. However, I initially had reservations and it took me a year to fully embrace the platform. During this time, I conducted extensive research and only invested a small amount of $10 as a test. I reasoned that even if I lost the money, it wouldn&#8217;t be a significant setback. After a year, I gained the confidence to invest more frequently, and I activated the auto-investment feature to ensure that I didn&#8217;t miss out. The experience has been excellent thus far, and both my spouse and I have benefited from it. My wife has always been supportive of my investment ideas, and we have both become avid Risevest investors. Our journey has been nothing short of amazing.



Nwamaka: We didn’t join at the same time. But like he said, I always trust his judgement, even though I sometimes get sceptical about some of these investment platforms. When he told me about Risevest, I trusted him and decided to give it a try. I think I also started with about $10, which was last December. So far, my experience with Risevest has been incredibly positive. I appreciate the platform&#8217;s low cost, ease of use, and access to a diverse range of assets in the global market. Additionally, the mobile app is user-friendly and the online support team has been quite helpful. Although I am still in the early stages of my investment journey with Risevest, I have found the experience to be interesting and rewarding.



<h2>How has Rise helped your finances as a couple?</h2>



Chikezie: Risevest has had a significant positive impact on our financial situation. Years ago, I promised my wife a car but was unable to fulfill the promise until I began investing with Risevest. By investing in Rise, I was able to conveniently and seamlessly accumulate the necessary funds to purchase the car. As a result, my wife is now the proud owner of a car, which would not have been possible without the help of Risevest.



<h2>What plans do you have on Rise?</h2>



Chikezie: I currently have a real estate plan. When I started, I had created three plans— the &#8220;Build Wealth plan&#8221;, &#8220;Real Estate plan&#8221; and &#8220;Fixed Income plan&#8221;. But I had to liquidate my fixed income plan to buy my wife a car. So I currently just have the &#8220;Real Estate and Build Wealth&#8221; plans. However, I have some goals for the real estate plan. Like I mentioned earlier, I’ve been on auto-investment, so I intend to use whatever annual returns I make from it to pay for my house rent here in Lagos.



Nwamaka: I currently have only a Real Estate plan.&nbsp;



<h2>What are your favourite features on the app?</h2>



Nwamaka: I love the fact that it’s an automated platform; After depositing my funds, I can sit back and allow Risevest to handle the investing on my behalf. I find it satisfying to watch my investments grow without having to actively manage them. Additionally, I find the Risevest mobile app to be very user-friendly, which is another aspect that I appreciate.



Chikezie: I love that it makes saving money seamless and convenient. You can save at any time you want to and however you want to. You don’t need to constantly check your investments to know what is happening. Your returns will keep accumulating, and with time, you’ll see that your investments have grown so much.



<h2>What are you looking to achieve financially in the next five years on Rise?</h2>



Chikezie: Our financial goal is to attain independence, which we believe can be achieved through financial freedom. We understand that accumulating wealth is not only about how much income you earn, but also how much you are able to save. Investment is largely dependent on saving, and without the ability to save, investing becomes impossible. Therefore, our strategy is to continue investing in Risevest, with the aim of owning a home in Lagos and accomplishing other financial objectives within the next five years.



<h2>What do you think about marriage and love as an investment?</h2>



Nwamaka: Investing in a marriage is crucial as it can impact one&#8217;s future happiness. A personal example would be my own experience. Despite having already completed a bachelor&#8217;s and master&#8217;s degree, my husband, who was involved in the pharmaceutical business, encouraged me to pursue a degree in pharmacy. This was because he believed that having a basic understanding of the industry would benefit our business in the long run, given the stringent regulations that come with it. His encouragement motivated me to pursue this course of action even after obtaining a master&#8217;s degree. It is evident that my husband also made an investment in our marriage for our future success.



Chikezie: I totally agree with what my wife said.



<h2>What advice do you have for anyone looking to start investing?</h2>



Chikezie: From my experience so far, my only regret with investing is that I didn’t start on time. So I encourage people to start early, no matter how much they earn. Find a way to save, so you can also start investing. Not making enough is never an excuse; you have to always put something aside. You can achieve it. I’m a living testimony. So I’d basically say to start on time and be patient because it takes time. Focus on the long-term, not the short-term. It’s very important.&nbsp;



Nwamaka: Based on my personal experience using Risevest, I highly recommend it to anyone who wants to begin investing in the global market. The app is both dependable and easily accessible. In fact, I have already begun referring people to the app. I believe Risevest is an excellent choice for individuals seeking to invest globally and would encourage others to consider using it as well.



<h2>What advice do you have for anyone looking to get married?</h2>



Chikezie: For individuals who desire to enter into matrimony, I strongly recommend that they prioritise self-discovery. It is no longer the era where women solely focus on being housewives. As a woman, it is crucial to possess a career or engage in some form of business. Furthermore, having qualities that any prospective partner would desire is equally essential. In my case, when I encountered my spouse, she possessed all the qualities that I sought, which spurred me on to marry her.



For men, if one lacks a sense of purpose, it is not advisable to consider marriage. Instead, it is recommended to find a job, start a business, or pursue any other meaningful venture that provides an income. It is fundamental to have a source of earnings to cater for one&#8217;s spouse. In the absence of financial stability, it is impossible to take care of a partner properly. If, for instance, I lacked financial resources, I would have been unable to provide for my beautiful wife.



Nwamaka: He has said it all. Self discovery is vital for both partners. It is essential to prepare emotionally, psychologically, financially, and in all other relevant aspects. It is not a one-sided affair as both parties must be ready. Hence, it is imperative to ensure that each partner has the necessary qualities and characteristics needed for a successful union. By doing so, they will be adequately equipped to handle the demands of a committed relationship. In summary, readiness for marriage is a joint responsibility that requires thorough preparation on all fronts.



<h2>In the spirit of women’s month whose theme is #EmbraceEquity, what are some of the things you think society can do to achieve equity for women?</h2>



Nwamaka: Part of it will be encouraging women to be financially independent. It’s very important. It’s not a cool thing for a woman to be totally dependent on the man for her financial needs. So we have to enlighten women to get their hands busy, and also encourage them to save as much as they can, from the little they make in order for them to achieve financial freedom, and to be able to assist their partners whenever the need arises.&nbsp;



Chikezie: She’s said everything. Financial independence should be the goal and hallmark of society to ensure that women are encouraged to be independent and actively save and invest. Anybody can earn or make money; it’s no longer a man’s responsibility, women too can make money and bring something to the table. That should be a goal which we must all pursue to achieve gender equity in the society.



<h2>What do you want to say to your wife in this month of women?</h2>



Chikezie: Angel, you’re a wonderful person, my friend and my lover. We’ll do this journey together forever. God will see us through, and someday, when we are both old, we’ll look back and see how far we’ve made it together.

I Promised My Wife A Car, And Thanks To Rise, I Was Able To Buy One For Her: Chikezie And Nwamaka’s Love Story.

“Increasing women’s and girls’ educational attainment contributes to women’s economic empowerment and more inclusive economic growth” — UN Women



International Women&#8217;s Month is a month when we celebrate the achievements of women around the world while we continue to work towards achieving gender equality and equity. This year’s women’s month campaign theme is #EmbraceEquity and is focused on raising awareness on the need for equity for women and why equality is never enough.



At Risevest, we understand that gender equity and inclusion are crucial to building a more equitable future, which is why we have made it a priority to champion these values in everything we do.&nbsp;



Rise is surrounded by smart and amazing women who contribute immensely to the company&#8217;s growth. We thought that if there are many of them within the company, how much more outside there? Especially those in secondary and tertiary institutions with little to no opportunities to show the world the stuff they’re made of or develop themselves to be better. This was when we realised we needed to do more.



So as part of our commitment to supporting women and girls and contributing towards an inclusive society, we reached out to Mrs. Olagbaju, the Managing Partner of Abigail St. Johns Advising and Formation Services for a partnership to sponsor the SATs and preparatory costs of two students to complete their undergraduate degree in the US.



Mrs. Olagbaju sent in a shortlist of the top-performing students in some of the best schools in the country. And after our screening, we decided on two students, whose academic track records stood out for us and who, coincidentally, are women.



We paid for the SAT registration and exam prep course of these two brilliant 16-year-olds to further their education abroad. The SAT is a standardised test used by many colleges and universities in the United States as part of their admissions process. And we’re proud to say that our candidates did outstandingly well in this test and other preparatory tests, applied to their schools of choice and are now waiting for a response.



<figure class="wp-block-image size-large is-resized"><img loading="lazy" src="https://res.cloudinary.com/dsjxfieim/image/upload/v1679996560/IMG_1049_1_e5yfe0.jpg" alt="" width="571" height="587"/><figcaption>From L to R, Eneyi head of Marketing, Cherish Uwandu, Cherish&#8217;s mum and Tony Odiba Co-founder, CEO of Rise </figcaption></figure>



We firmly believe that education is a key factor in promoting gender equality. Studies have shown that educating girls and women can have a profound impact on their lives and the lives of those around them. It can lead to better health outcomes, increased economic opportunities, and improved social outcomes. Education is also a fundamental human right, and we believe that everyone should have access to it, regardless of their gender.



We also recognize that there are many barriers that women and girls face regarding education, including lack of access, poverty, and discrimination. Hence, we are committed to doing our part to break down these barriers and to create a more level playing field for all.



By paying for the SAT course, helping with the admission and travel process and providing additional support including future internships through the duration of the studies of these two young women, we hope to help them pursue their dreams and someday be in a position to contribute positively to their country, communities, and the world.&nbsp;



These efforts are just early days for us when it comes to supporting gender equity and inclusion. We are committed to continuing to find ways to promote these values both within our company and in the wider community. The journey to achieving gender equity and equality is a long one, but we are determined to do our part to close the gap and make it a reality.



As we continue to celebrate International Women&#8217;s Month, we encourage everyone to think about how they can support women and girls in their communities. Whether it&#8217;s through education, mentorship, or simply speaking out against discrimination and inequality, we can all make a difference. At Risevest, we are proud to be part of this important work, and we look forward to continuing to champion gender equity and inclusion in everything we do.



Risevest is a platform that curates dollar denominated investments for Africans across real estate, US Stocks, Fixed Income and more.

How Risevest Is Building a More Equitable Future Through CSR

“We don’t wait for systems to work; we are the system. Anyone can be an ally or enemy of equity in workplaces through their actions or inactions,” &nbsp;— Rachel.



Despite the significant progress that society and women have made toward equality in recent decades, gender inequity is still deeply ingrained in many areas of our society. One of the places where this is most glaringly evident is in the workplace. 



According to <a href="https://hbr.org/2020/11/be-a-better-ally">Harvard Business </a>Review, women often have to navigate challenges and obstacles that their male colleagues do not have to consider. They face a persistent wage gap, are often underrepresented in leadership positions, and may even have to deal with biases and microaggressions from their coworkers.



Although institutions have more of a role to play, male allies are not left out in the fight for workplace equity. Men committed to promoting gender equity and supporting their female colleagues are critical in creating a more inclusive and equitable workplace. But being a male ally is not just about showing support; it&#8217;s about taking active steps toward dismantling the structures and attitudes perpetuating gender inequity.



<h2>Here’s how you can achieve that: Educate Yourself</h2>



Asking women about their experiences with unfairness and injustice can be a valuable way to learn about the challenges they face in the workplace and society. However, relying solely on women to educate men about these issues can put a heavy burden on them. It can also be limiting, as women&#8217;s experiences are diverse and complex and may not represent all women.



Hence, it is important to take the time to educate yourself and do your research. This can involve reading books, articles, and research on gender issues, attending workshops and training sessions on gender equity and diversity and seeking out resources and information from various sources.



By educating yourself, you can gain a deeper understanding of the systemic barriers and challenges that women face in the workplace and beyond and how you can help close up the gap.&nbsp;



<h2>Listen and Learn</h2>



One of the most important things you can do as a male ally is to listen to the experiences of your female colleagues. Listen to their stories and the challenges they face. Ask questions to gain a better understanding of their experiences, and seek out resources to learn more about the issues they face. Remember that you don&#8217;t have to have all the answers and that it&#8217;s okay to be uncomfortable or uncertain sometimes. What&#8217;s important is that you are committed to learning and supporting your colleagues. Some questions you can ask include:&nbsp;



<ul><li>How can I improve your experience as a colleague?&nbsp;</li><li>What can I do to make this workplace better for you and contribute to a fair playing ground?</li><li>Are there some of my actions that make you feel left out and how can I be better?</li></ul>



<h2>Own and Use Your Privilege</h2>



As a man, it&#8217;s important to acknowledge that you may have certain privileges and advantages in the workplace simply because of your gender. This can include being more likely to be heard and taken seriously, having greater access to professional networks and resources, and facing fewer barriers to advancement in your career.



However, as an ally to women in the workplace, you can use your privilege and position of power to amplify the voices of your female colleagues and help them to be heard. This can involve actively listening to their ideas and perspectives, advocating for their ideas in meetings and discussions, and using your voice to support and uplift them.



For example, if a female colleague&#8217;s idea is dismissed or ignored in a meeting, you can reiterate her point, ensuring it is heard and considered. You can also make a point to actively include your female colleagues in discussions and decision-making processes, ensuring their perspectives are valued and represented.



By using your privilege to advocate for your female colleagues and create opportunities for them to advance in their careers, you can help to break down the systemic barriers and biases that prevent women from achieving fairness in the workplace.



<h2>Address Biases and Microaggressions, and be an Active Bystander.</h2>



Biases and microaggressions are pervasive and can have a significant impact on the experiences of women in the workplace. These can take many forms, from being talked over in meetings to being subject to sexist comments or jokes, harassment or discrimination. Biases can also be present in decision-making processes, such as hiring, promotions, and performance evaluations.



As a male ally, it is necessary to be aware of these issues and to speak out against them when you see them happening. Remember, your actions can make a difference and help create a safer and fairer workplace for women.



<h2>Create a Supportive Culture</h2>



Help to create a workplace culture that is inclusive, supportive, and respectful of all employees. This can include advocating for policies that support work-life balance, such as flexible work arrangements and parental leave. It can also mean creating opportunities for employees to connect and build relationships with one another, such as through social events or mentorship programs. By fostering a culture of support and respect, you can help to create a workplace that is welcoming and supportive for all female employees.



<h2>Educate Others</h2>



Finally, use your influence and platform to educate others about supporting women in the workplace. Share your own experiences and insights with colleagues and friends, and encourage them to become allies as well. Consider organising workshops or events that focus on issues related to gender equity in the workplace, and invite others to participate and learn more.



Being an ally to women in the workplace is essential if we want to create a workplace that is safe, inclusive, and supportive for everyone.&nbsp; It is a never-ending process that requires a commitment to continuous learning, reflection, action and acknowledging that we may make mistakes along the way.



It is also important to recognize that being an ally is not just the responsibility of men, but everyone. We all, including women, have a role in creating a more inclusive and equitable workplace culture.

How to Be an Ally to Women in the Workplace

US SEC Registration Announcement

You may be aware of the recent meltdown at Silicon Valley Bank, which led to the bank entering receivership with &nbsp;the Federal Deposit Insurance Corporation (FDIC).&nbsp;



During episodes like this, many users ask questions about potential contagion and how Risevest manages users&#8217; investments to prevent such risks from affecting their portfolios. We want to proactively share some perspectives with you.&nbsp;&nbsp;



First, Risevest has no exposure or relationship with Silicon Valley Bank. As many know, we typically prefer to hold our US accounts with traditional banks like TD Bank, Bank of America etc. Our assets are also selected to minimize risk, and ensure long term stability. You can relax knowing we will always make the smart choice to ensure stable growth in your wealth.



As an asset management platform, our fixed income and wallet features are powered by providers who hold corporate bonds, consumer credit, real estate loans and other fixed income assets that are thoroughly vetted and intentionally held to strictly one year maturities.This way we can adjust rates based on market realities without taking undue risk.



We also hold assets across multiple asset classes like real estate, stocks and fixed income so that issues that impact any sector do not affect your entire portfolio.&nbsp;



Collectively, we want our users to understand that situations like these happen during stressful times; however,our assets and investment process is designed to ensure&nbsp; we help you navigate such times as stress-free as possible.&nbsp;



Our first risk management framework is to estimate risk of loss and account for that before pushing for returns. Sometimes that means we pass up higher return opportunities because they are too risky. And at all times, we will communicate the risks involved in the assets you choose on Rise.



Thank you for choosing Rise to grow your wealth. In good and bad times, trust us to always navigate the markets to deliver long term growth to you

Risevest Has No Exposure To Silicon Valley Bank

<h2>Summary</h2>



We just opened a new position in our portfolio for Crocs, Incorporated (CROX) on the back of exploding sales and increasing profitability. We will be investing some of the funds we sold off from Block into the new holding and keep adding to the position based on their performance.&nbsp;



<h2>Overview</h2>



Crocs, Incorporated is a footwear company based in Broomfield, Colorado, in the United States, that manufactures and distributes casual lifestyle footwear and accessories. Its lineup includes clogs, sandals, slides, flip-flops, loafers, sneakers, and shoe charms under the Crocs brand name. The company sells its products in over 85 countries through wholesalers, retailers, e-commerce sites, and third-party marketplaces, both online and offline.&nbsp;



<figure class="wp-block-image"><img src="https://lh6.googleusercontent.com/q3wnrV_w10nXyxnDVV3gGcHdHpXLnQT-d_0f56_3dlkbzpO8noQGx_OD-MpEMc0T4V1CsbI98s_zAqrK6AkFmJjIh-CrkGseC5xD7XiBb3GdE9Y-bsaweDo84LFA7dSzR9_W73IYIjRBZhS9DcYLqz8" alt=""/></figure>



<h2>Thesis</h2>



Over the last few years, Crocs has exploded in popularity among every demographic, especially Millenials and GenZ globally. Their highly simple and extremely comfortable footwear have garnered strong appeal among women, men and children and led to the company beating out established rivals like Skechers and Steve Madden and upstarts like Amazon-owned Allbirds. 



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Their revenue has tripled in the last four years, hitting a record $3.2B in the last year, and is projected to hit $4B in 2023. The gross margin in the same period has grown from 51.5% to 56.3%, giving them one of the highest margins in the business. On a profitability level, they went from a -$70 million net loss in 2018&nbsp; to over $557 million net income last year, an incredible growth rate in such a short period.



While Crocs Inc. has returned more than 80% in the last two quarters. a combination of their attractive valuation at 11.74, forward price-to-earnings ratio, unrelenting growth, and strong and expanding margins makes us confident that the stock is still likely to outperform over the short and medium-term horizons.&nbsp;



<h2>Risks</h2>



Despite the strong thesis, there are a few risks with this investment. The first is that a potential recession on the horizon means that the company’s sales might drop, impacting its profit. Also, its stock performance might be affected by an overall drop in market levels.&nbsp;



Another risk is that their popularity and sales growth are only temporary and that sales might drop as the fad wanes. We don&#8217;t think this is the case,as their sales growth has lasted over four years and they have consistently expanded their product line up. Also, their footwear are designed to be casual staples which have very resilient demand as a category. However, it is still a possibility, which is somewhat accounted for in their current stock price.



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Lastly, one of the most significant risks is that Crocs has a significant amount of debt at around $2.9B in long-term debt. For comparison, Skechers has roughly $1.61B in debt. However, their strong cash-flow generation enables them to pay this down aggressively, and management has prioritised paying this down and strengthening their balance sheet over time. This is one of the items we will keep an eye on as the company continues to execute over the coming quarters.&nbsp;



<h2>Conclusion</h2>



We have opened a starter position to which we will be adding on a monthly and quarterly basis, subject to the performance of the company and the sustained growth in their business. We find the profitability, growth, and cash-flow generation compelling. We believe that Crocs’ simple business model, brand awareness, and viral popularity will translate to a significant competitive advantage in the footwear market.&nbsp;

We Added Crocs, Inc. (CROX) To Our Portfolio

Valentine&#8217;s Day is here, and the air is frenzy with Valentine jingles, love and excitement about what the day holds. For many of us, this means romance, flowers, happiness, love, sharing and chocolates. But if you want to avoid heartbreak and disappointment today, here are the 5 kinds of people to avoid this Valentine season.&nbsp;



<h2>The Aspire to Perspire Motivational Bro</h2>



<figure class="wp-block-image size-large"><img loading="lazy" width="500" height="300" src="https://money.rise.capital/wp-content/uploads/2023/02/giphy-4.gif" alt="" class="wp-image-1923"/></figure>



You know that guy, the motivational speaker, guru, or coach, always preaching about money and success. They know all about the morning routines and formulas of successful entrepreneurs like Bill Gates and Elon Musk and use these examples to create an aura of authority and expertise.&nbsp;



But despite knowing the routines of rich people, don’t be surprised if a motivational bro asks you for money because the end goal is for them to gain your trust and borrow money from you. And once they have the money, they often disappear. Alexa play me wahala dey



So when a motivational bro moves to you, do your research, be sceptical of their formula for success, and shine your eyes when they ask for money upfront without providing any tangible value in return.&nbsp;



<h2>The Baller, not the Mechanic</h2>



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The Ballers love to live life to the fullest and believe in &#8220;YOLO.&#8221; Money is not an obstacle for them when it comes to having a good time. They are known for their lavish lifestyles, designer clothes, high-end cars, and ability to turn heads wherever they go.&nbsp;



For Ballers, the club is their second home. And it is annoying when you hang out with them because the DJ has to stop the music every five minutes to play “Dorime”. Ballers believe in splurging on the best, whether it&#8217;s the latest designer gear, a bottle of Azul, or a table at the most exclusive nightclub.&nbsp;



Run from ballers o, because they are not interested in savings or investments. They believe life is too short to save for the future and that money is meant to be spent. They view investments as a waste of time and do not understand the concept of planning for the future. Their motto is to live in the moment and make the most of it.



<h2>The Social Media Hustler:&nbsp;</h2>



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The Social Media Hustler is a modern-day version of a pyramid scheme. They use social media platforms such as Facebook, Instagram, and Twitter to promote their latest product and convince people to become their sellers. Once you meet someone and they tell you to sell a product to five of your friends, who will then have to sell it to five of their friends, and so on, it is time for you to japa.



The catch is to offer quick and easy solutions to your financial problems, and they use flashy graphics, motivational quotes, and false promises of wealth to lure you in. Once they have your attention, they pressure you to sign up, invest money, or buy products. It is giving GNLD.



Unfortunately, once you have invested your money, you’d soon realise that your money has gone. Otilorr. The moral of the lesson is to avoid anyone that promises you quick money,&nbsp; always do your research, read reviews, and consult with trusted friends and family before making a decision. If it smells and talks like a scam, it probably is, and it&#8217;s best to run in the opposite direction.



<h2>The Nepo Baby</h2>



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The Nepo Baby is a term used to describe a person born into wealth and privilege, onye ji cash. These individuals often live a life of leisure, never having a need to work a traditional 9-5 job or hold a steady income. Instead, they rely on their trust funds or family wealth to support their extravagant lifestyle. They may call themselves &#8220;freelancers&#8221; but if you look closer, the freelance and the lifestyle is not matching – the maths is not mathing&nbsp;



They love planning expensive activities well beyond the average person&#8217;s means. Whether it&#8217;s taking a luxury holiday, buying a flashy car, or going out for extravagant meals. Afterall, what’s the need of having money, if you can’t spend it?



While their spending habits may seem impressive and enviable to some, it can also be frustrating if you try to keep up with the Joneses. So, If you find yourself in a situation where you&#8217;re constantly surrounded by Nepo Babies, it&#8217;s important to advise yourself and no go do pass yourself.&nbsp;



<h2>The Unfortunate Nancy</h2>



<figure class="wp-block-image size-large"><img loading="lazy" width="768" height="359" src="https://money.rise.capital/wp-content/uploads/2023/02/8AC6BCA3-ACC6-44D5-92AE-5E4E905C2250-768.jpeg" alt="" class="wp-image-1925" srcset="https://money.rise.capital/wp-content/uploads/2023/02/8AC6BCA3-ACC6-44D5-92AE-5E4E905C2250-768.jpeg 768w, https://money.rise.capital/wp-content/uploads/2023/02/8AC6BCA3-ACC6-44D5-92AE-5E4E905C2250-768-300x140.jpeg 300w" sizes="(max-width: 768px) 100vw, 768px" /></figure>



The Unfortunate Nancy always seems to have a problem that pops up just after they&#8217;ve met you. It seems like no matter what you do to try to help them, it&#8217;s never enough. You might offer a kind word or a helping hand, but their problems always escalate.



For example, when you first meet Nancy, they might tell you their rent is due and they’re struggling to make ends meet. You offer to help in any way you can, but before you realise it, they’re also telling you about how their landlord&#8217;s chicken ran away, and they’re worried they won&#8217;t find it. Then, just when you think it can&#8217;t get any worse, they tell you that their grandmother has sprained her ankle, and they’re been having trouble taking care of her.



It&#8217;s a never-ending cycle with Nancy, and it can be incredibly draining. No matter how much you try to help, it seems like their problems just keep piling up. You might even start to feel like you&#8217;re being taken advantage of and that Nancy will always be in need of something.



Unfortunately, there&#8217;s not much you can do to help someone like Nancy, but to run! It&#8217;s best to avoid Nancy and other people like them. You don&#8217;t want to be caught up in a cycle of never-ending problems and demands. If you have to interact with them, be mindful of how much time and energy you&#8217;re putting into their problems, and remember to take care of yourself first.



In conclusion, Valentine&#8217;s season is a time to celebrate love and affection with your significant other, friends, and family. However, it&#8217;s also a time to be cautious of certain people who could potentially ruin the day or bring negativity to you like mentioned above.



Also consider investing in your future with <a href="https://m.rise.capital/9i5w">Risevest</a>. This platform provides you with the tools and resources to grow your wealth and reach your financial goals, so you can focus on what truly matters during seasons of love like spending quality time with those who matter most. Whether you&#8217;re looking to save for a special occasion, buy a house, or retire comfortably, <a href="https://m.rise.capital/9i5w">Risevest</a> has you covered. So make the most of this Valentine&#8217;s season and invest in your financial future with Risevest.

The Five Kinds Of People To Avoid This Valentine’s Season

We always make plans – to travel, to get that degree, start that professional course and advance our careers, or even for our kids and loved ones. Sometimes, we find ourselves ticking them off and striking them out. Other times, life happens, and we&#8217;re unable to.



Setting goals and achieving them is essential to personal and professional development. Without goals, we lack direction and purpose, and it becomes easy to get sidetracked and lose motivation. Benjamin Franklin would say, &#8220;If you fail to plan, you have planned to fail&#8221; However, setting goals is only the first step; the real challenge is working towards achieving them. This is where the Risevest Goal-based plans come in.



What is Risevest?



Risevest is an investment company that connects you to global wealth-creating opportunities, including US stocks, real estate, and fixed income. It also offers a wide range of products, like its goal-based plans to help individuals set and achieve their financial goals.&nbsp;



What are Risevest&#8217;s Goal-based plans?



They are a structured approach to saving and investing that helps you to stay focused and motivated to achieve your goals. These plans are designed to help you reach specific financial goals, such as saving for retirement, buying a house, or paying for your child&#8217;s education. They typically involve investing in a portfolio of stocks, bonds, or real estate tailored to your individual needs and risk tolerance.



Benefits of using the Risevest goal-based plans



<ul><li>One of the key benefits of the Risevest Goal-based plans is that they allow you to set specific and measurable goals. By setting clear goals, you can create a roadmap for your financial journey, making it easier to stay motivated and on track.</li><li>They also offer a range of investment options to suit different risk tolerances and investment goals. Whether you&#8217;re a conservative investor looking for low-risk options, or a more aggressive investor looking for higher returns, there&#8217;s an investment option to suit your needs.</li><li>The ability to track your progress and adjust your goals: Each plan has a personal dashboard that allows you to monitor your progress and see how close you are to achieving your goals. If you are not, or there are changes in your goals, the Risevest Goal-based plans allow you to adjust your plan to reflect these changes easily. Such changes include your income, family size, or financial goals.</li><li>Auto-invest: Rise remembers, so you don&#8217;t have to remember. The auto-invest feature available on the goal-based plans makes it easy to stay consistent, even when you forget. You just need to set a funding amount, frequency and payment method and Rise will automatically fund your plans, on schedule.</li></ul>



How do I create a goal-based plan on Risevest?



Once you have identified your goals for the year, you can then get started on Rise by following these steps:



<ol><li>For Android users, you can get the Rise app on Play Store. For IOS users, go to the App Store to download the app.</li><li>When you have downloaded the app, sign up using all the necessary details.</li><li>Go to the homepage, click &#8220;Add Money, &#8221; and choose your preferred funding option.</li><li>After you have funded your wallet, click on &#8220;Create an Investment Plan,&#8221; choose any goal-based plan of your choice, and give it a name.</li><li>On your new plan, click on &#8220;Add Money&#8221; and fund an amount of your choice.&nbsp;</li></ol>



There you have it; your new Rise goal-based plan is ready.



Random tips to help you achieve your goals with Risevest



Now that you have created your goal-based plan on Rise, here are a few tips to help you tick them off your list by the end of the year:



<ol><li>Start early: The earlier you invest, the more time your money has to grow. By starting early, you can take advantage of the power of compound interest and potentially reach your goals more quickly.</li><li>Set realistic goals: It&#8217;s important to set challenging but achievable goals. Setting unrealistic goals can lead to disappointment and may discourage you from continuing to invest.</li><li>Stay focused: It&#8217;s easy to get sidetracked or lose motivation when working towards a long-term goal. To stay on track, it&#8217;s essential to regularly review your progress and make adjustments as needed.</li><li>Be flexible: Life can be unpredictable, and it&#8217;s important to be flexible and willing to adapt your plan as your needs and circumstances change. For example, if you experience a major life event, such as a job loss or a significant change in income, you may need to adjust your investment strategy.</li><li>Seek professional advice: If you&#8217;re unsure about your goals or how to achieve them, consider seeking the advice of a financial advisor. Risevest holds monthly investment club meetings, in-house financial sessions, and virtual meetings to help you better understand your finances and where you&#8217;re headed.</li></ol>

How You Can Achieve Your Goals This Year with Risevest

This year, we continue to modify our portfolio to reflect the current market realities. One of those moves include parting ways with one of our favorite companies, Block Inc.&nbsp;



Our thesis on Block (NYSE: SQ) was built around their consumer finance efforts and their emphasis on expanding consumer opportunities in crypto/blockchain technology. However, this was hurt by the meltdown in the crypto market, but we decided to stick with Block for other reasons. The first is that they are still growing strongly, with revenues of $4.5B in November last year, and growing 17% yearly. When you exclude their crypto trade business, their regular operating businesses (Cashapp, Seller ecosystems) grew an even more impressive 36%. The years before 2022, revenue was growing at even faster rates.



<h2>So why sell now?&nbsp;</h2>



Much of Block’s revenue growth has not translated into profits and free cash-flow for the company. While we understand some growth in marketing and customer acquisition costs, the consistent growth in general, administrative, and personnel expenses bothered us. Block’s operating costs have grown at an average of 60.4% in recent quarters, much faster than revenues and multiples higher than profitability. Runaway costs have generally been a feature of Jack Dorsey-led companies, and after watching this number for a while, we lost confidence in the ability or willingness of the company to rein in these costs.&nbsp;



This is a big negative signal to us, given the era of higher interest rates, lower liquidity, tough economic conditions, and a potential recession. With the drop in stock prices, we believe there are more compelling and better-positioned companies to invest in for a better risk-adjusted return.



We believe Block is an incredible company with a compelling product and opportunity ahead of it, and will remain on our watch list till its thesis makes sense for our portfolio.&nbsp;

We sold off our Block Inc Position.

For many, the beginning of a new year is a time of reflection and renewal and New Year&#8217;s resolutions are a time-honoured tradition, a chance for people to reflect on the past year and set goals for the year ahead. As the New Year approaches, many people start to think about what they want to achieve in the coming year. Some people make New Year&#8217;s resolutions, while others prefer not to set specific goals. However, research has shown that setting and working towards specific goals can be beneficial in many ways. Here are a few reasons why you might want to consider making a New Year&#8217;s resolution for 2023:



<ol><li>A New Year&#8217;s resolution can help you focus on what&#8217;s important.</li></ol>



When you set a specific goal, you are more likely to focus on what is truly important. This can help you prioritise your time and energy, ensuring that you are working towards something that matters to you,&nbsp;



<ol start="2"><li>A New Year&#8217;s resolution can help you develop new habits.</li></ol>



The new year represents a clean slate and a chance to start anew. It&#8217;s a good time to reflect on the past year and identify areas of your life that you want to improve or change. Many New Year&#8217;s resolutions revolve around developing new habits, whether it&#8217;s exercising more, eating healthier, or spending more time with family and friends. By focusing on building new habits, you can make lasting changes to your daily routine and improve your overall health and well-being.



<ol start="3"><li>A New Year&#8217;s resolution can increase your motivation and self-esteem.</li></ol>



Working towards a specific goal can be very motivating. You may feel a sense of accomplishment and pride as you progress toward your resolution. This can lead to increased self-esteem and confidence, positively impacting other areas of your life.



<ol start="4"><li>It can help you grow and learn.</li></ol>



Setting a New Year&#8217;s resolution can also be an opportunity for personal growth and learning. Whether learning a new skill or working towards a major life change, setting a specific goal can help you push yourself out of your comfort zone and try new things.



<ol start="5"><li>It can also bring a sense of purpose and meaning.</li></ol>



Setting a New Year&#8217;s resolution can provide many people a sense of purpose and meaning. Focusing on something important to you can find greater fulfilment and satisfaction in your life.



<h2>How do you go about setting a New Year&#8217;s resolution? Here are a few tips to help you get started:</h2>



<ol><li>Be specific.</li></ol>



When setting a New Year&#8217;s resolution, it&#8217;s important to be as specific as possible. Instead of resolving to &#8220;lose weight,&#8221; try setting a specific goal like &#8220;lose 10 pounds by March 1st.&#8221; This will give you a clear target to work towards and make it easier to track your progress.



<ol start="2"><li>Make your resolution realistic.</li></ol>



It&#8217;s important to set a goal that is realistic and achievable. While it&#8217;s okay to aim high, setting an unrealistic goal can set you up for disappointment and make it harder to stay motivated.



<ol start="3"><li>Plan ahead.</li></ol>



To increase your chances of success, it&#8217;s important to plan. This might involve setting intermediate goals, finding a support system, or finding resources to help you achieve your resolution.



<ol start="4"><li>Be flexible.</li></ol>



It&#8217;s important to remember that your New Year&#8217;s resolution is a work in progress. If you encounter roadblocks or setbacks, feel free to adjust your plan or your goal. The most important thing is staying committed and working towards your resolution.



Now that we&#8217;ve explored the benefits of setting a resolution, how can Rise help you achieve it? Rise is a dollar investment platform that aims to help individuals achieve their financial goals through various investment options. Whether you are looking to save for retirement, build wealth, or simply grow your finances, Rise can provide the tools and resources you need to succeed.&nbsp;



One of the main advantages of using <a href="https://risevest.com/">Rise</a> is the ability to diversify your investment portfolio. Investing in a range of assets can minimise risk and potentially maximise your returns. This is especially important in today&#8217;s market, where uncertainty and volatility are common. By diversifying your portfolio, you can reduce the risk impact on your overall returns, which can help to smooth out the ups and downs of the market and provide a more stable path to achieving your financial goals.



In addition to diversification, Rise also offers the opportunity to invest in a range of asset classes, including <a href="https://risevest.com/stocks">stocks</a>, <a href="https://risevest.com/fixed-income">fixed income</a>, and <a href="https://risevest.com/real-estate">real estate</a>. This allows you to customise your portfolio to align with your specific financial goals and risk tolerance. For example, if you are saving for retirement, you may want to allocate a larger portion of your portfolio to more stable, income-generating assets such as fixed income. On the other hand, if you are looking to build wealth over the long term, you may want to allocate a larger portion of your portfolio to growth-oriented assets such as stocks.



In addition to offering a range of investment options, Rise also provides tools and resources to help you make informed investment decisions. This includes access to financial advisors, educational materials, and market research, which can help you better understand the investment landscape and make informed decisions about where to allocate your funds.



Another benefit of using Rise is the flexibility it offers. You can choose to invest a one-time lump sum, or set up automatic investments regularly. This allows you to invest at a pace that is comfortable for you and fits your financial situation. Additionally, you can easily monitor and manage your investments through the Rise platform, which provides real-time updates and insights into your portfolio performance.



Finally, Rise provides a secure and user-friendly platform that is easy to navigate and use. The platform is designed with the user experience in mind, with a clean, intuitive interface that makes it simple to manage your investments and track your progress. This can be especially important for those new to investing or who may need to be more comfortable with more complex financial tools.



So make Rise part of your new year&#8217;s resolution, as it can help you achieve your financial goals this year. With a wide range of investment options, educational resources, and a user-friendly platform, Rise provides the tools and support you need to grow your wealth and reach your financial objectives, whether as a beginner or an experienced investor.



Overall, setting a new year resolution can bring numerous benefits and help you achieve your goals. Whether it&#8217;s improving your health, strengthening relationships, or achieving financial success, a resolution can provide the motivation and discipline needed to make positive changes in your life. With the help of a platform like Rise, you can invest your money and work towards your resolution, all while learning about financial planning and making informed decisions about your money. So make a resolution this year and start taking steps towards a better, more fulfilling life.

How Rise Can Help You Achieve Your New Year Resolutions.

Having money is an essential part of running a business, and for many, this is a hard nut to crack. However, Susan cracked it, and perhaps, effortlessly. Her love for investing and perfumes led to what we now know as the <a href="https://twitter.com/FragranceMerch?s=20&amp;t=vC4CTRLbPVMkREhCs9u9Sg">Fragrance Merch</a>. In this episode of #Moneyrise, she tells us about her childhood, starting her business, and how Rise helps in her journey to financial freedom. 



<h2>Hi Susan, can you introduce yourself to us?</h2>



My name is Oreoluwa Osinuga. I’m a sales manager, currently working in a wine and spirit company. I also run a personal perfume business and I live in Surulere, Lagos.



<h2>What was childhood like for you?</h2>



I’d say great. I’m from a family of four; my parents, myself, and my brother. I think we lived a very sheltered life while growing up, and one of the things I learnt from my mother was how to do business. She had a lot of businesses that she did, from rentals to ice blocks to popcorn. She also owned a provision store and watching her do these things was quite interesting. She also helped my brother and me to cultivate the habit of saving. So that always made me want something I could fall back on, like savings, in case anything went wrong. When I was in university and still collecting my allowance, I always made sure I left about ₦10,000 without touching it. I also did other things growing up. I sold novels when I was in secondary school. I also sold provisions like eggs and noodles at the university. Growing up was interesting.&nbsp;



<h2>Did that in any way shape all the things you do today?</h2>



Yes. Yes, actually. While I began to build my capital through the different things I mentioned I did, I needed something solid to do. At the time, I wasn’t much of a spender; I needed a lot of convincing to buy something. I’d ask myself if it was something I really wanted or worth spending my money on. For me, perfumes were the one thing that I liked and could buy without being persuaded. And because I liked them personally, I knew selling them wouldn’t be difficult. I would do that from a place of likeness, as they brought me joy. When I started, I remember starting with perfume oils and a capital of about ₦10,000. Now, I invest even more in the business and have grown a lot since that time.



<h2>Interesting. Can you tell us more about the perfume business? What has the journey been like?&nbsp;</h2>



The journey has been good, even though it’s a saturated market. While growing up, I realised I was more of a business person than a skills person. Skills here means crafts like makeup, sewing, and artistry. I started a makeup business, spending so much money on it, but it eventually failed. It was a total waste that my brother kept reminding me of it and making fun of me. Ultimately, it felt like I had just bought the makeup items for myself. I didn’t get it right, which made me feel downcasted. I felt like people were doing and getting it right, so why wasn’t I? Why was I so horrible at it?&nbsp;



<h2>Oh, this is really sad.</h2>



Yes, it was. But then I figured my calling could probably be buying and selling, not doing handwork or being creative. That inspired my journey, in addition to the fact that I love to smell nice. It was something that I liked and thought would be easy to sell to people. When I started, it wasn’t a lot. I started very small, with my family and friends supporting me.



I also remember starting on Twitter, where I had people glued to the business; they supported me and made referrals. It’s been amazing. I mean, I have gotten a lot of clients, sales, and contacts from the business. I’m probably not the whole creative type of person. You know how you create a perfume Instagram page, making it all attractive and coming up with creative ideas for it? That’s not where my business is yet. But in terms of sales and profits, I know how much I make, even though it might not be so loud to everyone. I’ve also been able to retain customers. Many returning customers tried me out at first, were impressed by my services, and decided to come back again. These people have been with me for years, including those that have left the country.



<h2>Speaking of, you mentioned working in sales. How do you navigate that as a woman?</h2>



My personal experience as a woman in sales is that you get more help when you are a lady. I worked in the open market and I had distributors that helped me achieve my target because they saw me as their daughter. My petite stature also made them listen to my persuasion more, which I leveraged by going to meet them with a childish look that screamed “help me”



In terms of any form of harassment, if you are in sales, you always have to find a way to tactically manoeuvre it.



<h2>Must be really hard</h2>



Absolutely. Navigating sales is so much work, especially as a woman. You have to be friendly, even if it means pretending. Fake smiling is also quite common in sales.&nbsp;



<h2>So sorry about that. Let’s talk about money now. What are your thoughts on investing?</h2>



Investing is important. I love investing. However, I haven’t invested much recently because I lost my money on some investments. I used to be an investment addict but have returned to taking medium risks. Losing money brings you back to your senses, which is why Risevest has been it for me; they offer decent returns and safety, not ridiculous interest rates. I have invested in various companies, including agro ones, and lost money. I also know some people like my mother and brother who lost their money in such investments. So that taught me a lesson and has reduced the risks I take. However, investing is quite good. Even though the current exchange rate is terrible for the economy, it has helped me as I leveraged that to invest in dollar assets. At the beginning of the year, I had a financial goal in mind that I didn’t even know if I would reach, but I just wanted to try. I kept saving on Rise, and thanks to the exchange rate, I met and surpassed that goal. It gave me the confidence that I could do more.



<h2>That’s cool. What are your thoughts on budgeting?</h2>



I write down my expenses for every month. I have bills that I pay, so I budget how much I spend on each of them. I do this after I have combined the income from my perfume business and the salary from my 9-5. Then whatever profit I have left, based on the financial goal I have, I decide if there’s anything else I want to spend on or if I want to save. But I make sure that I have a budget for everything.



<h2>Let’s talk about Rise. How long have you been on Rise, and how has the journey been?</h2>



It’s been more than a year, and the journey has been incredible. I even regret not actively using the product when I first joined. Initially, I wasn’t sure about it, so I was just randomly putting my money in similar fintech savings and investment platforms. I was also doing everything, including crypto. I don’t even want to think about my loss on these investments. It’s also not good to be greedy. There was a time I made so much profit and could have removed it. Everyone told me to, but I thought it would still grow more. Even when it dropped, I refused to remove it and kept hoping it’d bounce back and make more gains until it became sawdust.



Risevest is all I use now because stocks and crypto have dealt with me, but Rise offers a diversified portfolio. It is also dollar-based, so I&#8217;m sure my investments are protected.



<h2>You’re welcome! So how has Rise helped you so far since you began your business?&nbsp;</h2>



It has helped me immensely in reaching and surpassing my goals. I didn’t expect that, but the returns and gains from the exchange rate helped, which I always add to my business. Having my money in dollars gives me that hedge against naira devaluation and inflation. I also like that it’s increasing in value and not just idle and decreasing, especially in traditional Nigerian banks that charge you for ridiculous things. My business has grown so much over the years, thanks to using Rise.



<h2>Love it! What are some of your favourite things about using Rise?</h2>



It’s probably how easy the app is to use. My experiences have all been seamless. Transactions don’t take a lot of time; the moment I make a transfer, I receive a notification in my email that my account has been credited. It’s effortless, and the transfer charges are minimal.



<h2>What advice would you give others who are looking to start investing?</h2>



For investing, you should start, no matter how small. It is true that the more money you have, the easier it is to get more. Regardless, find a way, whatever way, to start. Just have a reserve; it is crucial. As I said earlier, I saved a certain amount from my parents&#8217; allowance during my university days. I have imbibed this habit till now. It&#8217;s always in my mind to grow my money. For instance, when I have ₦10k, I want my next money to be ₦20k. I have always wanted that; to increase my finances.



For those looking to start a career in sales, be sure you&#8217;re ready for stress because sales is pressure-filled and demanding. Sometimes, you look back to ask if you really want to continue with this because, as much as other departments have their KPIs and targets, salespeople bring in the money. The pressure is always intense, so you just have to be sure it is something you can do before you go into it. Also, you must be on the road most of the time if you&#8217;re in sales. If you dislike being on the road, you probably shouldn&#8217;t be in sales. I&#8217;m a very restless person, so I don&#8217;t like being in one place. And getting used to sales, I can&#8217;t do a full-time office job now. Flexibility is also crucial. To be in sales, you have to be very flexible. That&#8217;s all I can say.

How My Investment In Rise Is Funding My Perfume Business. My Name Is Susan, And This Is How I Make My #MoneyRise.

The year is wrapping up, and many of us are already closing out on our finances. First, we hope you learned a lot and accomplished some of your financial goals in 2022. It has been an incredibly rocky year to be an investor, and the effects of inflation have been tough to manage.&nbsp;



However, as we enter the last month of the year, it&#8217;s time to consolidate the wins and prepare ourselves financially for the coming year. So we have compiled a short list of four things you should do before 2023. Here&#8217;s that list below:



<h2>Take Stock of 2022</h2>



Review your income this year. How much have you made in total from all income sources? How much have you spent? How much did you save and invest? What did you spend your money on? What goals did you achieve, and which were deferred or cancelled? Be able to articulate and understand your financial history in 2022 so that you can extract the lessons, adjust your plans and decide what to focus on, what to do more or less of and what your financial goals should be in 2023. This process will be much easier if you&#8217;ve been maintaining a budget throughout the year.



<h2>Understand the Lessons of History</h2>



Everyone is currently worried about the bear market and all the economic uncertainty we&#8217;ve had to deal with this year, from rate hikes and inflation to geopolitical flare-ups and climate issues globally. There&#8217;s the temptation to become pessimistic and overly defensive about your finances and behave like this is the worst time in history. 



But anyone who stops and takes a historical view will realise that times like these have come and gone before, and people not only preserved their wealth during such times but actually grew it. There has been double-digit inflation in the US before, and the world has had worse geopolitical issues. We&#8217;ve also had worse bear markets and stock market drops before. And things always bounce back. Markets recover. 



Economies grow again. There is a path to navigating periods like these, and panicking and avoiding your long-term financial goals because you are worried about turbulence is not helpful. Take a longer view and stay the course.



<h2>Understand and settle your tax obligations&nbsp;</h2>



If you are under a Pay As You Earn (PAYE) setup, knowing if your employers are remitting all the required taxes is crucial. Have you paid any portion you are liable for? Is your tax clearance certificate up to date? Have all the numbers ready way before you need them. For people in the US, now is the time to gather all your tax records before next year’s filing deadlines. Make sure you sort out all these on your own so you can file your tax return early next year.



<h2>Check your investment portfolio&nbsp;</h2>



After the year, some of your investments have gained, and some have lost value. Now is the time to rebalance your investments to reflect your goals and the level of risk you can carry in your current reality. Are you more exposed to crypto than you should be at this point? Then push more of your money into safer investments like real estate. Make sure your portfolio aligns with your long-term investment plan and strategy. Are you investing enough to have enough retirement income? If you&#8217;re above 30, it&#8217;s almost mandatory that you&#8217;re investing at least 20% of your income now. If you&#8217;re below this number, cut expenses and step it up.



<h2>Set your 2023 goals</h2>



Once you&#8217;ve done all the above, then you are in a good position to set your financial goals for 2023, and develop a clear plan to achieve them. Mark them out, write them down, and put them somewhere you can see them. Now, you&#8217;re ready to flex your Detty December and usher in the new year in style. Enjoy the rest of the year!

5 Things to Do Financially Before 2023

It’s Black Friday shopping season and as I’m sure you’ve all noticed, retail and shopping outlets have started advertising eye popping deals to entice buyers. 
Here at MoneyRise we want you to make smart money decisions, so we are going to share some quick tips about how to make the most of the Black Friday deals. If you use this season well, you&#8217;ll get really great deals at prices that save you money! 
<h2>Don&#8217;t Buy Anything Just Because It&#8217;s On Sale 
</h2>
If you buy an item worth ₦10,000 for  ₦7,000, you did not save  ₦3,000, you spent  ₦7,000. Don’t be enticed to spend money you were not going to spend. Only spend money on what you already need. Which means you should have a list of what you want to buy, and stick to it. That nice blender selling for 40% off is not meant for you, if you already have a blender at home. Don’t play yourself. Be disciplined.
<h2>Not Everything Is Cheaper On Friday</h2>
Don’t just think, &#8220;Well, its Black Friday, so everything I buy is probably cheaper.&#8221; It doesn’t work like that. Some outlets don’t do deep enough discounts. Some intentionally inflate their supposed original price to make their discounts look deeper than they are. To get the best deals, do price comparisons ahead of time, check many sites to know what a fair price is and if you’re actually getting a good deal or not. Bonus points if you already did this weeks or days ahead of time.
<h2>Have A Shopping Budget</h2>
Please there is life after Black Friday. There is the Christmas season, and that three-month period between December 31st and January 31st. We all know that period. You need your money to last through all that. So know exactly how much you can put towards your Black Friday shopping and once you hit that amount, stop. Ties right back to point one. Don’t get carried away.
<h2>Some Things Are Cheaper Offline</h2>
Black Friday seems to be an eCommerce driven activity. There are often better deals in the physical store, or in the open market. I’ve seen bargain hunters go offline, and find items at prices that make Black Friday deals look like daylight robbery. It may not be as convenient as ordering, but the savings might just be worth it. Another advantage of shopping offline is that you can leave your ATM/Credit card at home and only go with the money you’re willing to spend. If it’s gone, you’re done.
<h2>Save As You Shop 
</h2>
If you’re going to spend during shopping season, use it as an opportunity to also save. For every  ₦5,000 you spend on shopping, invest  ₦5,000. It helps you avoid the guilt that comes with shopping, and also keeps something away to grow and possibly fund your future purchases. 
One of the smartest things you can do with your money is to earn dollar returns on it with Rise. Get started at <a href="http://www.risevest.com">www.risevest.com</a>

How To Make The Most Of Black Friday Shopping

The financial markets have been facing a rough time lately, with the value of both stocks and cryptocurrency declining dramatically in the past weeks. If you&#8217;re like many people, you&#8217;re probably feeling pretty rattled. After all, watching your portfolio take a hit is not fun. But before you panic, it is important to remember that market volatility is inevitable. We wrote about how you can take advantage of market downturns <a href="https://risevest.com/blog/stock-market-downturns-might-be-good-for-you-heres-why">here</a>.



We also have some pointers for you if you&#8217;re experiencing losses and looking for safe places to generate a return. Here are three of them:



Rise wallet Plan: The Rise wallet plan is a great way to protect your money while generating positive returns. With the Rise wallet, you can earn 8% annually in USD, and unlike stock market investing, there&#8217;s no risk of losing money with this wallet plan. So if you&#8217;re looking for a safe and easy way to earn decent returns on your money, the Rise Wallet plan is worth considering. Just deposit your money into your Rise Wallet and watch it grow. There are no fees or minimums, and you can withdraw your money at any time. 



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Fixed Income Plans: Investing can be a tricky business. While you want to ensure you&#8217;re getting a good return on your investment, you also want to take on a little risk. With the Rise Fixed Income Plan, you can get the best of both worlds. This plan allows users to earn 10% interest on their investments annually, even in these uncertain economic times. And with yields rising, there&#8217;s a good chance that this figure will go up in the near future. So if you&#8217;re looking for a safe and profitable way to invest your money, the Rise Fixed Income plan is worth considering.



Real Estate:



It&#8217;s no secret that the US economy has been in a bit of a downturn lately. But despite all the doom and gloom, one sector is still strong — real estate. And the Rise Real Estate Plan is generating impressive returns, averaging 12-15% per year.



<figure class="wp-block-image size-large is-style-default"><img loading="lazy" width="1024" height="683" src="https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc-1024x683.jpeg" alt="" class="wp-image-1827" srcset="https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc-1024x683.jpeg 1024w, https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc-300x200.jpeg 300w, https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc-768x512.jpeg 768w, https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc-1536x1024.jpeg 1536w, https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc-1568x1045.jpeg 1568w, https://money.rise.capital/wp-content/uploads/2022/11/SYlSmOVc.jpeg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



A big part of our success has been our Airbnb rentals. By leveraging the sharing economy, we&#8217;ve been able to maximise our profits while providing our guests with a unique and affordable lodging experience. And as the demand for Airbnb rentals continues to grow, our returns will only go up.



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="683" src="https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb-1024x683.jpeg" alt="" class="wp-image-1831" srcset="https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb-1024x683.jpeg 1024w, https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb-300x200.jpeg 300w, https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb-768x512.jpeg 768w, https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb-1536x1025.jpeg 1536w, https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb-1568x1046.jpeg 1568w, https://money.rise.capital/wp-content/uploads/2022/11/Rise-airbnb.jpeg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



So if you&#8217;re looking for a stable investment that can provide healthy growth, you should consider the Rise Real Estate Plan. With our proven track record of success, you can be confident that your money is in good hands.



As we face economic uncertainty, having a solid plan for your finances is more important than ever. Risevest offers a unique opportunity to create fixed-income or real estate plans that can provide you with positive returns even during this downturn. And if you just want to fund your wallet and enjoy the peace of mind that comes with knowing your money is working for you, Risevest is still a great option. Visit <a href="https://risevest.com/">here</a> or download the Risevest app to get started today.&nbsp;