- Reno Omokri noted that sustainability should be thought of first when money is made, not how to enjoy life.
- He opined that money that has not regenerated itself should not be spent.
Former Special Adviser to President Goodluck Jonathan, Reno Omokri, offers insightful advice on wealth management, emphasizing the importance of prioritizing sustainability over instant gratification.
In a recent post on his X account, Reno Omokri advised that when one receives money, their primary focus should be on ensuring its sustainability, rather than indulging in extravagant spending.
This mindset shift according to him, is crucial in building a stable financial foundation.
Reno Omokri suggested that money should be allocated wisely, with a significant portion dedicated to paying bills and investing in assets that generate long-term value.
He stated:
“When you make money, the first thing you should think of is sustainability, not flexing.
“Money that has not regenerated itself should not be spent, otherwise your finances will degenerate.
“When you get money, pay your bills and then invest the rest. Stop saving it. It is called saving because you are saving the bank and enslaving yourself. Buy stocks and an ETF, and put some money into a REIT.
“One of the biggest myths is that you need plenty of money to buy stocks. False. You can buy fractions of a stock with whatever you have. Then, when the stocks start appreciating, you can start flexing with the profits.
“That is how to build sustainable wealth.”
In another news, Verydarkman calls out Reno Omokri for allegedly attempting to suppress his brother’s r@pe case.
The case in question involves a pastor, who is said to be Reno Omokri’s brother, being accused of assaulting a fifteen-year-old girl inside his church.
Verydarkman revealed that he was informed of the incident back in April 2023 through a distress call from a friend.
He claimed that Reno Omokri attempted to cover up the case and suggested that the judges involved may have been influenced.
Moreover, Verydarkman brought up Reno Omokri’s previous social media post about his daughter, insinuating a connection to the ongoing controversy.