05/09/2025
If you are a Parent read this Slowly....
Let me say this with all honesty: if your child gets to 20 years and still depends on you for survival, YOU failed as a parent.
Painful truth, but I must say it.
Look at Aliko Dangote, Femi Otedola, Abdul Samad Rabiu, even Mike Adenuga…
Do you know the leverage they had?
They didn’t start from zero. Their parents already built capital and networks for them. What you call “luck” is simply preparation by their parents.
Now you know, the real question is:
What leverage are you building for your own children?
Most Nigerian parents raise children emotionally - food, clothes, school fees, then stop there. But in this hard economy, that’s not enough. You must raise them like a startup company: structure, investment, diversification, growth.
Because of my mission to raise 1 million Financially Free Nigerians, I have prepare a simple Step-by-Step: How to Build Your Child Into a Millionaire Before 20
(Even if you earn ₦80k or less monthly)
Day 1 of Birth – Open Accounts:
Open a Children Savings Account and a Mutual Fund Account in their name.
Commit to saving at least ₦5,000–₦10,000 monthly. That’s not school fees, that’s seed capital.
Age 0–5 – Automated Growth:
Put those savings into low-risk investments like Treasury Bills, Money Market Funds, or Cooperative Savings.
By age 5, you’ll have ₦300k–₦2M quietly working for them.
Age 6–10 – Teach Money Literacy:
Teach them the difference between Assets and Liabilities, let them know the difference between Needs and Wants.
Use piggy banks, small trade (buying and selling sweets, toys). Let them learn profit early.
Age 11–15 – Diversify & Multiply:
From the savings you’ve built, start buying Blue Chip Stocks, REITs, and Equity Funds.
Involve your child in the process, let them see dividends drop. to understand that failure is part of the process.
By 15, they should have assets in their name worth millions (compound growth).
Age 16–20 – Build Business & Brand:
Instead of waiting for NYSC Allowee, let them launch something small, a tech idea, an online store, or a fashion brand.
Fund it with the portfolio you’ve been building for years.
By 20, they’re already financially independent, with assets, skills, and business experience.
Let’s assume you invest at 12% yearly (Money Market or Conservative Mutual Funds):
Monthly Savings Value at 20 Years (12% p.a.)
₦5,000 monthly will give you ₦4.95 Million
₦10,000 monthly will give you ₦9.9 Million
₦20,000 monthly will give you ₦19.8 Million
Imagine your 20-year-old child starting life with ₦10 Million capital while others are still begging for NYSC allowee.
Now let’s go Aggressive & Smart (Diversify into Blue-Chip Stocks, Dividend Stocks, and Equity Funds that can return 20–40% yearly).
Monthly Savings Value at 20 Years (20% p.a.) Value at 20 Years (30% p.a.)
₦5,000 monthly investment become ₦19.8 Million or ₦67 Million in 20years after
₦10,000 monthly investment become ₦39.6 Million or ₦134 Million in 20years after
₦20,000 monthly investment become ₦79.2 Million or ₦268 Million in 20years after
Think about it:
If you had ₦268 Million waiting for you at 20 years, will you be struggling the way you are now?
That is the power of long-term investing + compound interest + diversification.
You hustled your whole life starting from zero. Your child shouldn’t. You must remove “zero” from their dictionary.
Don’t just give them food and clothes. Build them like a startup: capital, knowledge, and leverage.
Because love without leverage is suffering. And I know you don’t want your children to suffer.
My name is Iking Ferry the only Financial Literacy Advocate, and Accountant in Training that speaks with facts, numbers and results.
