Money Truth

Investigating financial claims, scams, money myths and misleading advice to help readers separate useful information from financial misinformation.

Money Truth
Why Your Bank Balance Is Not the Same as Your Wealth
Felix Komuo Sep 10, 2026, 9:47 PM Sep 10, 2026, 10:18 PM
Having a large amount of money in your bank account can make you feel financially successful, but your bank balance is only one part of your financial picture. Wealth also depends on what you own, what you owe, how much you earn, how much you keep and whether your assets can support your future. This article explains the difference between income, cash, assets, debt and net worth, with practical Nigerian examples.
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Money Truth
Why Your Financial Goals Keep Failing Even When You Earn Enough
Felix Komuo Sep 8, 2026, 7:51 AM Sep 8, 2026, 8:03 AM
You can earn more money and still fail to reach your financial goals. The problem is often not simply how...
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Money Truth
Why You Still Feel Broke Even When Your Salary Increases
Felix Komuo Sep 4, 2026, 7:36 PM Sep 4, 2026, 7:43 PM
A salary increase can improve your finances, but only if part of the additional income is converted into savings, investments,...
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Personal Finance
How to Pay Off Debt Faster Without Ruining Your Finances
Felix Komuo Aug 29, 2026, 9:39 PM
Paying off debt faster isn't about throwing every naira at your loans. Learn how to prioritize expensive debt, build a...
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Popular Articles
How to Pay Off Debt Faster Without Ruining Your Finances
Felix Komuo
Why You Still Feel Broke Even When Your Salary Increases
Sep 4, 2026, 7:36 PM Felix Komuo
Why Your Financial Goals Keep Failing Even When You Earn Enough
Sep 8, 2026, 7:51 AM Felix Komuo
Why Your Bank Balance Is Not the Same as Your Wealth
Sep 10, 2026, 9:47 PM Felix Komuo