In this article, CEO of Lawyers in Business International (LIBI) and newly appointed member of the Finance Committee of the Nigerian Bar Association (NBA) Abuja Branch (Unity Bar), SILAS EMEKA AGBARA guides lawyers on the route to financial freedom.

FINANCIAL FREEDOM
Financial Freedom is the Second Level of Financial Security, the third and the ultimate being Financial Abundance.

Financial Freedom is the state in which one’s return on investment, passive income, capital gains, yields/interest from fixed assets, dividends, and cash flow become large enough to fully cover standard living expenses indefinitely, without any work needed.

Keys to achieving Financial Freedom include:
1] Knowledge of and Desire for Financial Freedom.
2] Knowledge in Making, Managing and Multiplying Money.
3] Right and Large investment portfolio through delayed gratification.
4] Deliberate shrinking of needs.
5] Addictive Savings lifestyle.

My long years of service at Lawyers In Business Institute (LIBI) has done so many things in my life journey, but the most significant is a mind-shift from all I knew work and business to be.

For someone who has worked since age 10 as an ice-water seller on the streets of Onitsha, the idea that I don’t have to work all my life if I make the right investments before 50 and 60 years of age, was a turning point.
From just survival, my mind shifted to Financial Freedom and ultimately, Financial Abundance.
This is why we don’t sleep. We have no weekends and no holidays!!

For context, a One Billion Naira investment in Treasury Bills can pay about One Hundred and sixty million Naira Annually till one dies. It is same with Money-Market and other secure financial commodities.
Twenty Houses with rental income of Five Million Naira each gives you One Hundred Million Naira annually.

If one achieves either or all of the above or more at ages 50 to 60 years, one can safely retire or slow down from active work/business.

Those latest cars, fine clothes, watches, hair, apartments and fancy lifestyle can wait a little.
Sleeping in the best hotels, having the best of wines and dinners in the best of Lounges and Clubs in the world; vacations, Baecasions and the best perfumes can all wait a little! Just a little!

There is a life to build; a Life of Financial Freedom! Of Financial Abundance!

Join us on this journey.
08060266163, 08050489622.

See you at the top!

Meanwhile, yours truly was recently appointed to the Finance Committee of the Nigerian Bar Association Abuja Branch [Unity Bar], alongside Senator Dino Melaye and others; the goal – to make, manage and multiply money for the Bar that made us!

Thank you, our amiable Chairman, Sir. Yakubu Philemon SAN, for finding us worthy to serve.
God bless us all!

THE ART OF LIVING SERIES [3RD OCTOBER, 2026].
https://www.facebook.com/share/p/1FJiSk7rPG/

(C) CITY LAWYER Magazine. All rights reserved. To join our Channel, click here. Click here to join our WhatsApp chatroom. Contact us at citylawyermag@gmail.com or 081-3838-0083.