The Smart Money Woman by Arese Ugwu (Book Review)

The Smart Money Woman is a fantastic book that teaches those that care about the steps they can take to change their financial lives. Published by Arese Ugwu in 2016 she explains the concepts borrowing, investing, saving, spending, earning, budgeting by telling a fictional story of a young Nigerian woman, Zuri.

Zuri worked as a senior manager at a real estate firm in Lagos and earned six hundred thousand a month after taxes. She lived in a two-bedroom serviced apartment in an up market part of Lagos in Lekki Phase I. She could take one or two trips abroad to places like Dubai, London or New York and she drove a second-hand Mercedes ML 500. The irony here was that before the end of the month she found herself broke and unfortunately, she had no land, no stock portfolio, or any assets she could sell to bring herself out of this dilemma.

In Sub-Sahara African countries, many people are not born into a wealthy family. As a result, they lack personal finance skills which turn out to be challenging to learn when they become adults. So even when people start earning more from a new job, they end up living from paycheque to paycheque because they think mainly on what to spend on and pay less attention to saving or obtaining an asset. Like Zuri in The Smart Money Woman, many people start living precious lives they can’t sustain. As a result, they end up becoming broke before the end of the month.

Arese Ugwu has done an excellent job in teaching personal finance and letting her readers know what to do to obtain financial freedom/independence.

The Smart Money Woman is for every woman; married, single, divorced, widowed; and every man with women in their lives. Click on this link to download The Smart Money Woman by Arese Ugwu.

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To your innermost growth,

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