When Tolu got his first big pay cheque, he was determined to "secure the bag" for his future, so he put half into a friend's forex scheme that promised to triple his money in a week. Two months later, the scheme disappeared; of course, so did his money.
Before you laugh at Tolu, let me remind you of that time you may have invested in one crypto-kolanut because your friend's cousin's barber said it would blow? Or when you bought that online course promising to turn you into a billionaire by next Wednesday?
Do not worry, we listen, we don't judge (at least, not yet). Everywhere you turn, everyone is talking about soft life; social media is filled with pictures of expensive trips, fine dining, and aesthetic reels, so everyone wants to hit the jackpot quickly. This is why many have made questionable money moves in the name of "investing".
You pour money into trendy investments, hyped-up ventures, or buys that only look good online but leave your bank accounts gasping for air; and at the end of the day, like Tolu, many of us learn the hard way that not everything labelled "investment" is worth it.
At Credlanche, we believe investing should grow your wealth, not teach you painful lessons, and the first step to true financial progress is knowing what matters to you and focusing your money there. Let us dive into how to realign your financial journey today:
The Problem: Investing in the Wrong Things
To fix something, the first thing you need to do is nail what the problem is. A lot of times, people skip this diagnostic part, and that means they end up throwing money, time, and effort at things that are not even the real issue. That just leads to wasted cash, a lot of frustration, and ultimately, not getting where you want to be. So, before you spend anything, it is absolutely crucial to really dig in, identify, analyse, and confirm the problem. That way, whatever you do next will hit the mark and tackle the real challenges. Some of those challenges include:
- Get-rich-quick schemes: These schemes usually show up overnight, promise to make you the second Elon Musk in three months, and then disappear in quite the same manner.
- Trending investment: A popular artist once talked about a coin, and of course, the stans went ahead to throw money into it, without any actual research about it. Just because it is trending and your fave said it is great is not enough. Most investments like this usually do not have a solid or strong backing.
- Purchases that do not build: These are the ones that you buy, and they end up sitting pretty, collecting dust. They have no growth option, just aesthetics and good vibes. As nice as those might be, they should not take the centre stage.
What Really Matters?
Regardless of the current situation, you need to ask yourself some questions to give you a whole picture of what you truly value. Questions like:
- Does this investment align with my long-term goals? This question puts your goals side-by-side with whatever investment decision you are about to make and helps you see more clearly how your goals will be affected.
- Does it build my future or just satisfy me temporarily? When you ask yourself this, you place before yourself a chance to pick long-term returns over instant gratification. With this, you can properly weigh the decision you are about to take.
- Is it backed by real value and trusted experts? You do not want to find yourself burned at the end and then realise that if you had just paused for a bit before going ahead, you would have seen that there was no real value attached to it, and no field expert is involved with it.
Credlanche and You
This is where we come in. At Credlanche, we help to keep your eyes on the prize and focus clearly by:
- Offering Growth-focused options: If it is not talking growth, then it is not Credlanche speaking. We not only emphasise investing, but also investing in areas that are sure and prone to growth. Our investment options are vetted through deep market research and performance analysis, so you have nothing to worry about.
- Providing Personalised Guidance: At Credlanche, we consider your needs as very important, which is why we prioritise what works for you and tailor every option or design to fit your goals. Every advice you get from us is made to effectively channel your funds.
- Ensuring Complete Transparency: No hide and seek, no cutting corners, none of that. You know what your money is going into and how it is working for you. Our plan for you is that you stay focused on what is important, and it gets easier to do that when you have all the information you need.
At Credlanche, there is no noise, no confusion; we simply help you direct your money into opportunities that build value and have big gains. And if your investments or finances feel scattered or lost, then you should take a pause and refocus. Find out what really matters to you and let Credlanche help you invest in it. Easy-peasy.
Ready to focus your money on what truly matters?
Reach out to us at +234 812 3778 399 for further discussion on how to focus your money on the important things.