🇳🇬NigeriaWest Africa
Yemisi Adepoju launches new book to help individuals escape debt and financial stress
via Punch Nigeria3 min read
Author and financial educator Yemisi Adepoju has released her new book, "Broke After Pay Day," which aims to help individuals break free from debt cycles and chronic financial stress. Launched at RovingHeights Bookstore in Lagos, the book addresses the behavioral and emotional patterns contributing to poor money management. Adepoju, drawing from her experience as chairperson of a cooperative society since 2015, observed widespread financial instability among employees across various income levels, noting that even high earners struggle with debt. The book is designed to help readers confront habits like impulsive spending, lifestyle inflation, peer pressure, and emotional decision-making. Adepoju stated her goal is to equip readers with practical tools for financial stability and debt escape, emphasizing that financial freedom is achievable regardless of personal circumstances. The eight-chapter book combines storytelling with practical exercises, including a chapter titled "Who chop my salary?" which illustrates how quickly a salary can disappear. Adepoju stresses the importance of budgeting, discipline, and delayed gratification, asserting that poor money habits persist irrespective of income size. She advises that investment discipline is crucial for long-term financial freedom, suggesting that investment proceeds, rather than immediate income, should fund lifestyle needs. Real estate entrepreneur Tope Mark-Odigie highlighted the neglected aspect of budgeting, while Dolapo
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