What can Ilebaye do with her 120 million naira BBNaija prize?

The eighth season of BBNaija concluded with Ilebaye Odiniya emerging as the winner, securing a substantial prize of 120 million naira.

This season, named “All Stars,” lasted 10 weeks and showcased Ilebaye, popularly known as the ‘GenZ Baddie,’ facing challenges like bullying within the BBNaija House.

Before her BBNaija appearance, Ilebaye had a degree in Criminology and Security Studies at Salem University, Kogi State. She also showcased her acting skills in TV dramas like “Papa Ajasco,” “Super Story,” and “Nnenna and Friends,” produced by Wale Adenuga Productions.

First of all, at 22, Ilebaye should not only focus on her modeling and acting career but also begin to explore investment options, with her 120 million naira prize.

Considering various options, property investment stands out. It offers rental income, long-term appreciation, and diversification through stocks and bonds.

Entrepreneurship is another option, provided she has a unique business idea, which can be more rewarding than impulsive luxury purchases.

Moreover, investing in her skills and education is crucial. Improving her expertise can enhance her earning potential, creating a financial safety net for unexpected expenses.

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Also, giving back to her community or supporting causes she believes in is important, given the current economic challenges.

Starting early retirement savings through pension plans or IRAs is advisable. Exploring opportunities in the entertainment industry, like music or acting, can also be lucrative.

Seeking guidance from a financial advisor is essential to create a well-balanced investment strategy tailored to her goals and risk tolerance, ensuring informed decisions aligned with her financial aspirations and situation.