| Personal Information |
Cash Flow: $\mathbf{£ 9 5 , 8 0 0}$ |
|
Net worth: |
| Name: Queenann Igwe |
Savings:(feb) |
|
Investments |
| Occupation: Business Finance Analyst - Virtual CFO Assitant |
key Insight: |
| Report Period: Jan 1, 2026 - Feb 28,2026 |
Prioritize reducing high-interest debt and building liquid savings to improve financial stability and lower financial risk. |
| [1] |
|
|
INCOME |
| Income Source |
Amount ( $\mathbf{N}$ ) |
| Salary(and gigs) |
$\mathrm{N} 831,000$ |
| gifting received |
$\mathrm{N} 65,000$ |
| savings spent |
$\mathrm{N} 88,000$ |
| Total Income |
$\mathbf{N 9 8 4 , 0 0 0}$ |
| NET WORTH |
|
| Assets |
|
| Cash & Bank Balances: |
N129,943 |
| Investments: |
N17,779 |
| Total Assets |
#147,722 |
| Liabilities |
|
| Debts: |
N227,703 |
| Total Liabilities: |
N227,703 |
| EXPENSES |
|
|
| Expense Category |
Amount (N) |
% of Total Expenses |
| Rent |
N0 |
0% Fixed |
| Utilities(personal care) |
N111,000 |
12% variable |
| Groceries |
N230,000 |
26% Variable |
| Transport |
N200,000 |
23% Variable |
| study and personal growth |
N50,000 |
6% Variable |
| Subscriptions (data and airtime) |
N37,200 |
4% variable |
| upgraded my phone |
N140,000 |
16% variable |
| content tools |
N40,000 |
5% variable |
| family support |
N50,000 |
6% variable |
| Miscellaneous |
N30,000 |
3% Variable |
| Total Expenses |
A888,200 |
100% |
| INVESTMENT PERFORMANCE |
|
|
|
|
| INVESTMENTS |
|
JAN |
FEB |
|
| MTN shares |
|
- |
|
|
| SAVINGS |
|
26919.33 |
107135.04 |
|
Financial Health Summary:
| Ratio |
Result |
| Savings Rate |
$11 \%$ |
| Liquidity Ratio |
$51 \%$ |
| Debt Ratio |
1 |
Based on the review, my current financial position shows a savings rate of 11%, indicating some progress toward building financial security, though below the recommended $20-30 \%$ benchmark. The liquidity ratio of 51% reveals limited cash reserves, sufficient to cover just over half of one month’s expenses, highlighting the need to strengthen short-term cash availability. The debt ratio of $\mathbf{1 0 0 \%}$ indicates that total debt equals total assets, reflecting a high-risk position that requires careful debt management. Overall, while there is a foundation of savings, immediate focus should be on increasing liquid assets, reducing debt, and improving the savings rate to achieve a more stable and resilient financial position.
[1] type herThis report evaluates my personal financial position for the reporting period by analyzing my income, expenses, assets, liabilities, and overall financial performance. The review identifies the main sources of income and examines how expenses are allocated across fixed and variable categories to determine spending patterns and financial discipline.