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Saving money requires lots of practice and a commitment to follow through on your savings goal. Saving money is more of behavioral finance than science. It requires you to embrace the savings attitude and mindset for its accomplishment. Saving money is boring when it is approached mechanically, it can however become fun when you begin to reap the benefits. Your savings represent your seed. In...

Fit Row, Investing, Savings

Why you are not yet saving and investing in your future

04 Oct 2023

Joseph Terlumun Abayol

Ever wondered why you are not saving money and investing in your beautiful future. The reasons are diverse and different for different people; the only common link amongst everyone is that it is a mind battle and an action deficit. Now let’s see some of the excuses many make for not saving and investing. When you fail to plan, you plan to fail. Financial goals...

Fit Row, Savings

Lifestyle Investigation is an Audit done where expenditure cannot be justified by income

Lifestyle tax audit Investigation.

02 Oct 2023

Joseph Terlumun Abayol

Tax investigation of taxable person’s lifestyle is a very effective tool in the hands of government to reduce corruption. Lifestyle audit is an effective way to stop corruption in Nigeria. With lifestyle audit taxation can become a very efficient and useful tool in curbing sleaze through embezzlement and fraud. The tool is tax investigation, tax investigation is a mechanism that when properly harnessed can achieve...

Fit Row, Life Style, Taxation

Taxation should not become a tool for harassment but for Economic Prosperity.

29 Sep 2023

Joseph Terlumun Abayol

Every Tax Accountant knows that tax is a bitter pill to market and for the taxpayer to agree to swallow the pill; the pill must be made appealing and quoted with benefits. It is demoralizing that the national policy defines ‘tax as any compulsory payment to government imposed by law without direct benefit or return of value or service’. It looks like the definition presumes...

Fiscal Policy, Fit Row, Taxation

When you retire, you expire

26 Sep 2023

Joseph Terlumun Abayol

When I say don’t retire, this is counter intuitive to popular work culture. From the cradle you have been programmed to think and believe to work until you retire someday and enjoy your golden years. The problem with kind of thinking is that it steals your core essence as a human being. It takes from you the joy of adventure and creativity, sipping out the...

Fit Row, Retirement Planning