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Insurance policies everyone must have

4 Types Of Insurance Everyone Needs

Life throws many unexpected things at all of us. While we usually can’t stop these things from occurring, we can opt to give our lives a bit of protection. Insurance is meant to give us some measure of protection, at least financially, should a disaster happen. There are numerous insurance options available and many financial experts tell us that we need to have these insurance policies in place. Yet, with so many options, it can be difficult to determine what insurance you really need. Purchasing the right insurance is always determined by your specific situation. Factors such as children, age, lifestyle and employment benefits are all points to consider when planning your insurance portfolio. (For related reading, see How Much Life Insurance Should You Carry?)

There are however, four insurances that most financial experts recommend that all of us have: life, health, auto and long-term disability. Each one of these covers a specific aspect of your life and each one is very important to your financial future.

Life Insurance

The greatest factor in having life insurance is providing for those you leave behind. This is extremely important if you have a family that is dependent on your salary to pay the bills. Industry experts suggest a life insurance policy should cover “ten times your yearly income.” This sum would provide enough money to cover existing expenses, funeral expenses and give your family a financial cushion. That cushion will help them re-group after your death.

When estimating the amount of life insurance coverage you need, remember to factor in not only funeral expenses, but also mortgage payments and living expenses such as loans, credit cards and taxes, but also child care and future college costs.

LIMRA, formerly known as the Life Insurance Marketing & Research Association, says that if the primary wage earner dies in a family with dependent children that family will only be able to cover their living expenses for a few months and four in ten would have difficulty immediately.

The two basic types of life insurance are Traditional Whole Life and Term Life. Simply explained, Whole Life is a policy you pay on until you die and Term Life is a policy for a set amount of time. You should seek the advice of a financial expert when planning your life insurance needs. There are considerable differences between the two policies. In deciding between these two, consumers should consider their age, occupation, number of dependent children and other factors to ensure they have the coverage necessary to protect their families. (For additional reading, see What To Expect When Applying For Life Insurance.)

Health Insurance

A recent Harvard study noted that statistically, “your family is just one serious illness away from bankruptcy.” They also concluded that, “62% of all personal bankruptcies in the U.S. in 2007 were caused by health problems and 78% of those filers had medical insurance at the start of their illness.”

Those numbers alone should urge you to obtain health insurance, or increase your current coverage. The key to finding adequate coverage is shopping around. While the best option and the least expensive is participating in your employer’s insurance program, many smaller businesses do not offer this benefit.

Finding affordable health insurance is difficult, particularly without an employer-sponsored program or if you have a pre-existing condition. According to the Kaiser/HRET survey, the average premium cost to the employee in an employer sponsored health care program was around $4,100. With rising co-payments, yearly deductibles and dropped coverage’s, health insurance has become a luxury less and less can afford, yet even a minimal policy is better than having no coverage. The cost for a day in the hospital can range from $985 to $2,696. Even if you have minimal coverage, it can provide some monetary benefit for your hospital stay.

As the health care debate continues in Washington, approximately 48 million Americans are without insurance coverage. Check with your employer regarding health care benefits, inquire of any occupational organizations that you belong to regarding possible group health coverage. If you are over age 50, AARP has some health insurance offers available. (To learn more, check out Buying Private Health Insurance.)

Long-Term Disability Coverage

This is the one insurance most us think we will never need, as none of us assumes we will become disabled. Yet, statistics from the Social Security Administrationshow that three in 10 workers entering the workforce will become disabled and will be unable to work before they reach the age of retirement. Of the population, 12% are currently disabled in some form and nearly 50% of those workers are in their working years.

Even those workers that have great health insurance, a nice nest egg and a good life insurance policy never prepare for the day when they might not be able to work for weeks, months or may not ever be able to return to the job. While health insurance pays for your hospitalization and medical bills, where is money coming from to pay those daily expenses that your paycheck covers? Here are a few very sobering statistics regarding disability:

  • Disability Causes Nearly 50% of all Mortgage Foreclosures, 2% are Caused by Death
  • Close to 90% of Disabling Accidents and Illnesses Are not Work Related
  • In the Last 10 Minutes, 498 Americans Became Disabled

If you are injured and off work for even three months, would you have enough in savings to cover your living expenses? Consider what you might face financially if you suffer a major medical condition such as cancer and were unable to work for over a year.

Many employers offer both short-term and long-term disability coverage as part of their benefits package. This would be the best option for securing affordable disability coverage. If they don’t, seek out a private insurer. If you aren’t sure how much coverage you need, AARP offers a very good disability insurance calculator to help you.

A policy that guarantees income replacement is the optimal policy; more usual terms are replacement of 50 to 60% of your income. The cost of disability insurance is based on many factors including age, lifestyle and health. For group or employer coverage, the average rate in 2009 was about $238 per year or approximately $5 per week. A small price to pay if you are faced with a devastating illness or injury. Disability insurance will guarantee that you will have some income when you can’t work.

Auto Insurance

There were over ten million traffic accidents in the U.S. in 2009 (latest available data) and 33,808 people died in motor vehicle crashes in those accidents, according to data released by the Fatality Analysis Reporting System (FARS). The number one cause of death for American’s between the ages of five and 34 were auto accidents. Over two million drivers and passengers received treatment in emergency rooms in 2009 and the costs of those accidents including deaths and disabling injuries was around $70 billion.

While all states do not require drivers to have auto insurance, most do have requirements regarding financial responsibility in the event of an accident. Many states do periodic random checks of drivers for proof of insurance. If you do not have coverage, the fines can vary by state and can range from the suspension of your license, to points on your driving record, to fines from $500 to $1,000.

If you drive without auto insurance and have an accident, the fines will probably be the least of your financial burden. Your car, like your home is a valuable assetyou use every day. If your car is damaged in an accident and you have no auto insurance, you will have no way to replace that vehicle unless you have a large savings account and you don’t really want to tap into that savings when auto insurance could cover the cost.

If you, a passenger or the other driver is injured in the accident, your auto insurance will pay those expenses and help guard you against any litigation that might result from the accident. Auto insurance also protects your vehicle against theft, vandalism or a natural disaster such as a tornado or other weather related incidents.

Again, as with all insurances, your individual circumstances will determine the price of your auto insurance. The best advice is to seek out several rate quotes, read the coverage provided carefully and check periodically to see if you qualify for lower rates based on age, driving record or the area where you live.

The Bottom Line

While insurance is expensive and certainly takes a chunk out of your budget, being without it could lead to financial ruin. Always check with your employer first for available coverage, as this will probably be where you will find the most economical way to of securing coverage. If your employer doesn’t offer it, obtain multiple quotes from several insurance providers. Schedule times with agents who offer coverage in multiple areas as they may have some discounts available if you purchase more than one type of coverage. (For additional reading, see Understanding Your Insurance Contract.)

The expense of not having insurance is nothing compared to the expense of living without it.

Source: investopedia

 

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top 10 personal money mistakes

Top of Form

Bottom of Form

 

Top 10 Most Common Financial Mistakes

 

Updated May 24, 2018

Here we’ll take a look at some of the most common financial mistakes that often lead people to major economic hardship. Even if you’re already facing financial difficulties, steering clear of these mistakes could be the key to survival.

Mistake No. 1: Excessive/Frivolous Spending

Great fortunes are often lost one dollar at a time. It may not seem like a big deal when you pick up that double-mocha cappuccino, stop for a pack of cigarettes, have dinner out or order that pay-per-view movie, but every little item adds up. Just $25 per week spent on dining out costs you $1,300 per year, which could go toward an extra mortgage payment or a number of extra car payments. If you’re enduring financial hardship, avoiding this mistake really matters – after all, if you’re only a few dollars away from foreclosure or bankruptcy, every dollar will count more than ever. (For more insight, see 15 Simple Tips to Save Money.)

Mistake No. 2: Never-Ending Payments

Ask yourself if you really need items that keep you paying every month, year after year. Things like cable television, music services or fancy gym memberships can force you to pay unceasingly but leave you owning nothing. When money is tight, or you just want to save more, creating a leaner lifestyle can go a long way to fattening your savings and cushioning yourself from financial hardship. (For more on this, see Bloated Budget? How to Trim the Fat.)

Mistake No. 3: Living on Borrowed Money

Using credit cards to buy essentials has become somewhat normal. But even if an ever-increasing number of consumers are willing to pay double-digit interest rates on gasoline, groceries and a host of other items that are gone long before the bill is paid in full, don’t be one of them. Credit card interest rates make the price of the charged items a great deal more expensive. Depending on credit also makes it more likely that you’ll spend more than you earn. (See also: Credit, Debit and Charge: Sizing Up the Cards in Your Wallet.)

Mistake No. 4: Buying a New Car

Millions of new cars are sold each year, although few buyers can afford to pay for them in cash. However, the inability to pay cash for a new car means an inability to afford the car. After all, being able to afford the payment is not the same as being able to afford the car. Furthermore, by borrowing money to buy a car, the consumer pays interest on a depreciating asset, which amplifies the difference between the value of the car and the price paid for it. Worse yet, many people trade in their cars every two or three years, and lose money on every trade.

Sometimes a person has no choice but to take out a loan to buy a car, but how much does any consumer really need a large SUV? Such vehicles are expensive to buy, insure and fuel. Unless you tow a boat or trailer, or need an SUV to earn a living, is an eight-cylinder engine worth the extra cost of taking out a large loan?

If you need to buy a car and/or borrow money to do so, consider buying one that uses less gas and costs less to insure and maintain. Cars are expensive, and if you’re buying more car than you need, you’re burning through money that could have been saved or used to pay off debt.

Mistake No. 5: Spending Too Much on Your House

When it comes to buying a house, bigger is not necessarily better. Unless you have a large family, choosing a 6,000-square-foot home will only mean more expensive taxes, maintenance and utilities. Do you really want to put such a significant, long-term dent in your monthly budget? (For more, see Mortgages: How Much Can You Afford?)

Mistake No. 6: Treating Your Home Equity Like a Piggy Bank

Your home is your castle. Refinancing and taking cash out on it means giving away ownership to someone else. It also costs you thousands of dollars in interest and fees. Smart homeowners want to build equity, not make payments in perpetuity. In addition, you’ll end up paying way more for your home than it’s worth, which virtually ensures that you won’t come out on top when you decide to sell.

Mistake No. 7: Living Paycheck to Paycheck

In March 2018, the U.S. household personal savings rate was just 3.1%, according to Federal Reserve data. Many households are living paycheck to paycheck, and an unforeseen problem can easily become a disaster if you are not prepared. The cumulative result of overspending puts people into a precarious position – one in which they need every dime they earn and one missed paycheck would be disastrous. This is not the position you want to find yourself in when an economic recession hits. If this happens, you’ll have very few options.

Many financial planners will tell you to keep three months’ worth of expenses in an account where you can access it quickly. Loss of employment or changes in the economy could drain your savings and place you in a cycle of debt paying for debt. A three-month buffer could be the difference between keeping or losing your house.

Mistake No. 8: Not Investing

If you do not get your money working for you in the markets or through other income-producing investments, you cannot stop working – ever. Making monthly contributions to designated retirement accounts is essential for a comfortable retirement. Take advantage of tax-deferred retirement accounts and/or your employer-sponsored plan. Understand the time your investments will have to grow and how much risk you can tolerate. Consult a qualified financial advisor to match this with your goals if possible.

Mistake No. 9: Paying Off Debt With Savings

You may be thinking that if your debt is costing 19% and your retirement account is making 7%, swapping the retirement for the debt means you will be pocketing the difference. But it’s not that simple. In addition to losing the power of compounding, it’s very hard to pay back those retirement funds, and you could be hit with hefty fees. With the right mindset, borrowing from your retirement account can be a viable option, but even the most disciplined planners have a tough time placing money aside to rebuild these accounts. When the debt gets paid off, the urgency to pay it back usually goes away. It will be very tempting to continue spending at the same pace, which means you could go back into debt again. If you are going to pay off debt with savings, you have to live like you still have a debt to pay – to your retirement fund.

Mistake No. 10: Not Having a Plan

Your financial future depends on what is going on right now. People spend countless hours watching TV or scrolling through their social media feeds, but setting aside two hours a week for their finances is out of the question. You need to know where you are to know where you are going. Make spending some time planning your finances a priority.

The Bottom Line

To steer yourself away from the dangers of overspending, start by monitoring the little expenses that add up quickly, then move on to monitoring the big expenses. Think carefully before adding new debts to your list of payments, and keep in mind that being able to make a payment isn’t the same as being able to afford the purchase. Finally, make saving some of what you earn a monthly priority, along with spending time developing a sound financial plan.

Source: Investopedia

 

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What is your money personality?

What Is Your Money Personality Type?

Like almost everything else in life, your response to money is largely dictated by your personality. But have you given much thought to how you behave in regard to your finances and how that behavior affects your bottom line? Understanding your money personality is the first step and will help you shape your approach to spending, saving and investing.

The Five Money Personality Types

Money personalities have been analyzed in a variety of ways and many people can identify with parts of several of these profiles. The key is to find the type that most closely matches your behavior. The major profiles are: big spenders, savers, shoppers, debtors and investors.

Big Spenders

Big spenders love nice cars, new gadgets and brand-name clothing. Big spenders aren’t bargain shoppers; they are fashionable and always looking to make a statement. This often means a desire to have the latest and greatest mobile phone, the biggest 4K television and a beautiful home.

When it comes to keeping up with the Joneses, big spenders are the Joneses. They are comfortable spending money, don’t fear debt and often take big risks when investing.

Savers

Savers are the exact opposite of big spenders. They turn off the lights when leaving the room, close the refrigerator door quickly to keep in the cold, shop only when necessary and rarely make purchases with credit cards. They generally have no debts and are often viewed as cheapskates.

Savers are not concerned about following the latest trends, and they derive more satisfaction from reading the interest on a bank statement than from acquiring something new. Savers are conservative by nature and don’t take big risks with their investments.

Shoppers

Shoppers often develop a great emotional satisfaction from spending money. They can’t resist spending, even if it’s to buy items they don’t need. They are usually aware of their addiction and are even concerned about the debt that it creates. They look for bargains and are happy when they find them.

Shoppers are eclectic in terms of investing. Some invest regularly through 401(k) plans and may even invest a portion of any sudden windfalls, while others see investing as something they will get to eventually.

Debtors

Debtors aren’t trying to make a statement with their expenditures, and they don’t shop to entertain or cheer themselves up. They simply don’t spend much time thinking about their money and therefore don’t keep tabs on what they spend and where they spend it.

Debtors generally spend more than they earn and are deeply in debt while not putting much thought into investing. Similarly, they often miss taking advantage of the company match in their 401(k) plans.

Investors

Investors are consciously aware of money. They understand their financial situations and try to put their money to work.

Regardless of their current financial standing, investors tend to seek a day when passive investments will provide sufficient income to cover all of their bills. Their actions are driven by careful decision-making, and their investments reflect the need to take a certain amount of risk in pursuit of their goals.

Make These Changes to Your Money Personality

Once you determine which of these personality types describes you the most and have put some thought into how you approach money, it’s time to see what you can do to make the most of what you have. Making small changes can often yield big results.

Spenders: Shop a Little Less, Save a Little More

If you love to spend, it’s likely that you are going to keep doing it, but you should seek long-term value, and not just short-term satisfaction. Before you splurge on something expensive or trendy, ask yourself how much that purchase is going to mean to you in a year. If the answer is “not much,” skip it. In this way, you can try to limit your spending to things you’ll actually use.

When you channel your energy into saving, you have another opportunity to think long term. Look for slow and steady gains as opposed to high-risk, quick-win scenarios. If you really want to challenge yourself, consider the merits of scaling back.

Savers: Use Moderation

Ben Franklin once recommended “moderation in all things.” For a saver, this is particularly good advice. Don’t let all of the fun parts of life pass you by just to save a few pennies.

Tune up your savings efforts too. Pinching pennies is not enough. While minimizing risk is any investor’s prime goal, minimizing risk while maximizing return is the key to investing success.

Shoppers: Don’t Spend Money That You Don’t Have

A critical step for shoppers is to take control of their credit cards. Unchecked credit card interest can wreak havoc on your finances, so think before you spend – particularly if you need a credit card to make the purchase.

Try to focus your efforts on saving the money you have. Learn the philosophy behind successful savings plans and try to incorporate some of those philosophies into your own. If spending is something you do to compensate for other areas of your life that you feel are lacking, think about what these might be and work on changing them.

Debtors: Plan Your Finances and Start Investing

If you are a debtor, you need to get your finances in order and set up a plan to start investing. You may not be able to do it alone, so getting some help is probably a good idea. Deciding on who will guide your investments is an important choice, so choose any investment professional carefully.

Investors: Keep Up the Good Work

Congratulations! Financially speaking, you are doing great! Keep doing what you are doing, and continue to educate yourself.

The Bottom Line

While you may not be able to change your money personality, you can acknowledge it and address the financial challenges that it presents. Managing your money involves self-awareness; knowing where you stand will allow you to modify your behavior to better achieve your financial and life goals.

SOURCE: Investopedia

 

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training on Website design & management for business owners

 

Website Design and Management for Business Owners

Do you need to take a grasp of your business online? You can actually create your own website while learning.

*Learn how to build a simple and functional WordPress website. No coding needed.*

This is a fully practical class, so you need to come with your laptop.

Date: Fri. 23rd November 2018*
Time: 9am
Venue: COINBOX STRONG ROOM, 37A, Ramat Crescent, Ogudu GRA, Lagos

Training fee is N15,000
You can make payment to Zenith Bank Account Number: 1011765876
Account Name: COINBOX LIMITED
Send proof of payment to info@coinboxlimited.com.ng

YOU CAN ALSO PAY ONLINE BY CLICKING HERE!

Don’t miss out on this great opportunity. Limited seats available.

Register online at https://www.coinboxlimited.com.ng/product/website-design-management-training-for-business-owners/

For more information,
Visit www.coinboxlimited.com.ng
Or call 08055943151, 09083345156

The law of ignorance

The law says that ignorance of a crime committed by us is no excuse to be let off the hook of paying for it.

The bible says the same thing with respect to sin, leadership and responsibility.

This means that we are not expected to be ignorant. But how can this be when even geniuses don’t know it all? No wonder life is so hard we might say.

Life is not hard; it is our state of mind.

If we make up our mind to learn every day, to face and surmount challenges, the challenges will come and we will be better for it. We must decide to learn from every situation both good and bad.

Everyone is a fool. But some stop being fools as they learn from their mistakes while others remain bigger fools by ignorance.

The mistakes you learn from are not only your mistakes but the mistakes and lessons from others. They are all around us, our friends, family and neighbors, in the media, in books, in our culture, tradition and religion, from our elders and from our children. The question is how many of us are interested in learning?

We all want to stay in our comfort zone, and this comfort zone sometimes might be a negative one.

A good example I can use is many of the modern day employees in Nigeria. They are worked like slaves and complain continuously, but the day they have the chance to put a little extra effort and be temporarily inconvenienced so as to leave their comfort zone to a better one, they grow cold feet.

Even moving up in an organisation requires doing work that is inconveniencing which in many cases might be your boss’ work.

When you stay in your comfort zone, you are like the Frog to be prepared for lunch. When the Asians want to cook Frog, they put it in cold water and leave the pot open with the heat on low. As the water heats up, the Frog adjusts its body temperature until it gets to a point that it’s too weak to jump out of the pot and the water is hotter than its body can take and it simply boils and food is served. Staying in your comfort zone forces you to adjust your temperature to the uncomfortable scenarios around you till it boils over you and you have nowhere to run. Be the fish in a shark tank and stay alive, leave your comfort zone.

Success in life is doing the inconvenient now to have comfort later. It is living a life of learning till the day you die. Most successful organisations are learning organisation, an organisation that empowers its staff and makes a culture of it, same goes for successful or developed countries.

No matter how successful you think you are or how wise you think you have become, you have only just started, and you have a lot more ahead of you.

In summary, ignorance is a sin and a crime.

Stop living in ignorance in your comfort zone and start learning one page at a time for the rest of your life and history will never forget you.

Also note that the best form of learning is teaching; learn to share knowledge and information and you will be better for it.

Learn to give of all you have, learn discernment, learn to learn, increase in wisdom daily, learn to love and be godly.

Ayo Emakhiomhe.

emakhiomheayo@yahoo.com

MONDAY MOTIVATION

MONDAY MOTIVATION

 

 

 

Feeling exhausted from yesterday,This is a great week to achieve your goals.

Have fun at work, Have fun this week.

Dress to excercebate your confidence, dress to be addressed in honour, dress like a champion.

Cheers!!!!!

# voicefor sme

# entrepreneurs

#mondaymotivation

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Workshop session on Employee transitioning

Coinbox Limited in its drive to empower businesses in Nigeria and grow the economy is again introducing this workshop to drive home that cause. This workshop will be holding across the country.

The life station of a person is a manifestation of the level of the utilization of input acquired by that person over time.

The input acquisition and utilization level is the self given empowerment of a person.

The ability to acquire and utilize these empowerment tools is the difference between the successful, very successful and the extremely successful.

This is an event for people and organisations aspiring to excel. We shall expose some of the winning ideas to further empower yourself and your employees for the mutual benefit of all.

This workshop is for you if you are an employee in any industry. No matter how disperse the industries are, the principles of employee empowerment and financial freedom are the same and the issues affect us all as long as we are in paid employment.

If you are an employer/employee/management staff, this workshop is also essential for you or your organisation if you plan on exiting your business either in the near future or sometime thereafter, it aids in succession planning, leadership and employee management.

At this workshop you will be guided to:

  1. Develop your Ideas
  2. Match Ideas to investments
  3. Match Investments to Ideas
  4. Optimize returns on existing investments
  5. Excel on your job
  6. Become a thriving entrepreneur

In addition you will be

  1. Provided with mentoring opportunities
  2. Exposed to business finance opportunities
  3. Provided with hands on training with the workbook available

PROGRAMSHOLDS:

Date : Saturday, September 29

Time : 10.00am

Venue: 37A, Ramat Crescent, Ogudu GRA, Lagos.

Fee: NGN5,000 only (includes, refreshment, workbook and certificate of attendance)

CLICK HERE TO BOOK YOUR SEAT!!!

 

This is a program you must not miss!!!  click here to Sign up now.

There are very limited seats available so book yours now Or pay to register  or pay directly to our Zenith Bank account number 1011765876 (Account name is COINBOX LIMITED) and send your name, phone, email address, deposit slip number to 09083345156.

Please bring your deposit slip to the venue.

More details can be gotten by sending mails to coinboxlimited@gmail.com or call Ayo on 09093929847.

You can contact us to book an exclusive edition for your Organisation or group.

EMPOWERMENT PROGRAM

STARTUP NIGERIA EMPOWERMENT PROGRAM

Startup Nigeria is an intervention of the National Social Investment Program (NSIP) under the office of the Vice President of the Federal Republic of Nigeria, as part of the program to support private sector innovation hubs for the strategic increase of entrepreneurial and technological capacity across Nigeria.

 

It is a three month incubation program designed to help Nigerians with great innovative ideas-create viable products, go to market and gain traction.

The program will provide training, mentor ship and equity free funding to selected startups, with a specially curated curriculum designed specifically to help idea and early stage entrepreneurs find their footing and grow in Nigeria’s  socio-economic terrain. Startup Nigeria gives founders the needed leverage to excl.

Visit https://www.startupnigeria.ng  to apply.

What’s in you?

You carry #heaven on your inside, start showing it on your #outside. Read and apply the #wordofGod daily.

International Women’s Day (IWD)

International Women’s Day (IWD) is celebrated on March 8 every year. It commemorates the movement of women’s right. While the first observance of a Women’s Day was held on February 28, 1909 in New York, March 8 was suggested by the 1910 International Woman’s Conference to become an “International Woman’s Day.”
This is for you, If you are an African woman. You have many reasons to be proud of your originality and your entire make up .You are black and beautiful; your skin is not dark because of the sun and harsh weather conditions, shout out to all the ‘melanin goddess’, Your skin is rich and has veins of integrity embedded beneath it.
Your heart is soft, beautiful and not gritty; do not allow the happenings in the society to redefine you.
African women are very creative and talented, they are brainy and crafty making excellent contributions in many diverse ways and forms.
Below is a list of some of these lionesses of Africa. One of many examples is Mrs Nike Okundaye, who is a renowned African batik and textile designer that has gained recognition internationally. They say empower a woman, and you empower a community.

 

CHIMAMANDA NGOZI ADICHIE


Chimamanda Ngozi Adichie born 15 September 1977) is a Nigerian writer of novels, short stories, and non-fiction. She has written the novels Purple Hibiscus (2003), Half of a Yellow Sun (2006), and Americanah (2013); the short story collection The Thing Around Your Neck (2009), and the essay We Should Be Feminists (2014).
In 2008, Adichie was awarded a MacArthur Genius Grant. She was described in the Times Literary Supplement as “the most prominent” of a “procession of critically acclaimed young anglophone authors who is succeeding in attracting a new generation of readers to African literature”.

 

Ngozi Okonjo Iweala


Ngozi Okonjo Iweala is a Nigerian Economist and she is the first female minister of Finance. She served two terms as Finance Minister of Nigeria (2003-2006, 2011-2015) and was previously Managing Director of the World Bank (2007-2011). She currently chairs the Board of the Global Alliance for Vaccines and Immunization (GAVI) and the African Risk Capacity (ARC).
In July 2017, Ngozi Okonjo-Iweala, was named an independent non-executive director at Standard Chartered Plc in the United Kingdom.
She is also a Senior Adviser at Lazard.

African women are happy. No matter the situation they find themselves: they always create humor, they are brave and able to find their way out of any situation. They are prayerful and also religious. The pray for their loved ones and also for their country. They believe without God, life will be worthless.
African women are entrepreneurs, they support in paying bills, and they would prefer to work day and night for the comfort of the people they love. They multitask effectively with unparalleled resilience. Keep your fire burning mama Africa , let no one define you, stand up for what you believe, dare to dream bigger and let nothing hold you back.

At COINBOX, we celebrate women all around the world on this auspicious day. Happy International Women’s Day.