6 Money Lessons I learnt From My Nigerian Mother


In life, there are valuable lessons to be learned from those who came before us. Our parents, with their wisdom and experiences, can teach us a thing or two about navigating the complexities of personal finance. 

In this blog post, I will share six crucial money lessons I learned from my Nigerian mother. These lessons have helped shape my financial journey and can benefit anyone seeking to improve their financial well-being.

Lesson 1: Save for Rainy Days

From a young age, I observed my mother consistently setting money aside for unforeseen circumstances. Whether it was through her savings or investments, she always emphasized the importance of saving for rainy days. 

This habit proved invaluable when my mother had to relocate to Ghana with our family. She used her accumulated savings to establish and grow her business. Witnessing her resilience and preparedness taught me the significance of saving, regardless of income level. It’s essential to save a portion of your earnings, as you never know when you’ll need that extra cushion.

Lesson 2: Take Calculated Risks

My mother demonstrated the value of taking calculated risks through her business ventures. While it’s crucial to be cautious with financial decisions, there are times when taking a chance can lead to significant growth and success. 

Embracing calculated risks can open doors to new opportunities and financial rewards. As young adults, we should be willing to take well-thought-out risks that align with our goals and aspirations.

Lesson 3: Be Organized with Your Finances

Organization is key when it comes to managing your finances effectively. My mother instilled in me the importance of budgeting and tracking expenses. By creating a budget and allocating funds for specific purposes, we can prioritize our financial goals and ensure we’re making progress. 

Additionally, maintaining a separate emergency fund, investment account, and designated spending accounts allows for better financial management. Being organized with your money empowers you to make informed decisions and take control of your financial future.

Lesson 4: Practice Generosity

My Nigerian mother taught me the value of sharing and giving back. Despite the mindset of prioritizing personal financial security, she always emphasized the importance of helping others. While it’s crucial to secure our own futures, setting aside funds to assist those in need fosters a spirit of generosity. 

By giving to others, we not only make a positive impact on their lives but also create an environment where abundance and blessings can flow back to us.

Lesson 5: Be Resourceful

Throughout her life, my mother faced both challenges and triumphs. However, her ability to make the most out of unfavorable situations was inspiring. Instead of dwelling on the negative, she found ways to maximize the limited resources available. 

This lesson has taught me to be resourceful and find innovative solutions even when things don’t go as planned. By tapping into our creativity and resilience, we can turn setbacks into opportunities and thrive in any circumstance.

Lesson 6: Continuous Learning and Growth

Lastly, my Nigerian mother instilled in me the importance of lifelong learning and personal growth. She encouraged me to seek knowledge about personal finance and stay informed about the ever-changing financial landscape. 

By continuously expanding our financial literacy and skills, we can make more informed decisions, adapt to new trends, and build a secure financial future.


The lessons I learned from my Nigerian mother have had a profound impact on my financial journey. By saving for rainy days, taking calculated risks, staying organized, practicing generosity, being resourceful, and pursuing continuous learning, we can all improve our financial well-being. 

These lessons are universal and applicable to anyone seeking financial success. Embrace the wisdom of those who came before you and take these lessons to heart as you navigate your own financial path.

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