Vanguard News economy editor Babajide Komolafe urges Nigerians and other Africans to evaluate their 2026 financial performance and set concrete goals before the new year, noting that there are just 51 days left in 2026 and the start of 2027 will bring fresh opportunities for wealth creation.
Komolafe’s first recommendation is a candid review of the money decisions made in 2026. He asks readers to determine whether they are wealthier now than in 2025 by examining earnings, savings, investment returns, borrowing, budget adherence and the achievement of any financial targets.
“Am I wealthier in 2026 than I was in 2025?”
The second step, according to the editor, is to set clear financial goals for 2027, beginning with a commitment to record every income and expense. He describes this as an “easy to achieve” objective that lays the foundation for disciplined money management.
To implement the recording habit, Komolafe suggests listing regular outlays such as food, essential commodities (soap, detergent, toothpaste, dish‑washing liquid), transport, utilities, education, rent, clothing, services (repairs, parking, dry‑cleaning, house cleaning), gifts, airtime/data, capital projects (television, furniture, car, washing machine) and assets (land, house, shares). He advises keeping a daily log on a phone, laptop or paper, with a digital format preferred for easy backup and access.
<small>Source: Vanguard News — read the original story there.</small>
