Felix Komuo

Felix Komuo is the founder and editor of MoneyTrut, a personal finance and money publication focused on making financial topics easier to understand and apply in everyday life. With a professional background in engineering and a practical, analytical approach to problem-solving, Felix focuses on breaking down complex financial topics into clear, useful information. At MoneyTrut, he covers personal finance, saving, investing, banking, business and financial consumer issues, with particular attention to practical examples, numbers and real-world situations. MoneyTrut provides general educational information and is not a substitute for personalized financial, investment, tax or legal advice.

Personal Finance

How to Budget When Your Income Changes Every Month

Felix Komuo Aug 29, 2026, 9:49 PM Aug 29, 2026, 10:00 PM

If your income changes every month, a normal fixed-salary budget may not work. Learn how to build a flexible budget, manage good and bad months, save during high-income periods and prepare for predictable expenses.

Personal Finance

What Is a Sinking Fund and How Does It Work?

Felix Komuo Aug 29, 2026, 4:32 PM Aug 29, 2026, 4:45 PM

A sinking fund helps you prepare for large expenses before they arrive. Learn how to calculate monthly contributions and use...

Personal Finance

How to Pay Off Debt Faster Without Ruining Your Finances

Felix Komuo Aug 29, 2026, 2:49 PM Aug 29, 2026, 4:10 PM

Learn how to pay off debt faster without destroying your finances. This guide explains how to prioritize expensive debt, maintain...

Personal Finance

How to Stop Living From Paycheck to Paycheck

Felix Komuo Aug 28, 2026, 10:26 PM Aug 28, 2026, 11:03 PM

Living paycheck to paycheck isn't always caused by overspending. Learn how to identify the real problem, reduce financial pressure, build...

Personal Finance

How to Create a Monthly Budget That Actually Works

Felix Komuo Aug 28, 2026, 7:35 PM Aug 28, 2026, 9:55 PM

Learn how to create a realistic monthly budget based on your actual income and spending. See how to plan for...

Personal Finance

How Much Should You Save From a ₦500,000 Salary?

Felix Komuo Aug 27, 2026, 10:25 PM Aug 27, 2026, 10:30 PM

How much should you save from a ₦500,000 salary? There is no universal percentage. Learn how to calculate a realistic savings target based on your expenses, debt, family responsibilities, emergency fund and financial goals.

Personal Finance

How Much Should You Have in an Emergency Fund?

Felix Komuo Aug 27, 2026, 8:41 PM Aug 27, 2026, 9:51 PM

An emergency fund does not have one universal target. Learn how to calculate the right amount based on your essential...

Personal Finance

How to Build an Emergency Fund With a Low Income

Felix Komuo Aug 27, 2026, 7:41 PM Aug 27, 2026, 8:06 PM

Building an emergency fund on a low income is difficult, but waiting until you earn “enough” can leave you financially...

Personal Finance

How Much Should You Save From Your Salary Every Month?

Felix Komuo Aug 29, 2026, 9:39 PM

How much should you save from your salary every month? There is no universal percentage. Learn how to calculate a...

Personal Finance

How to Pay Off Debt Faster Without Ruining Your Finances

Felix Komuo Aug 29, 2026, 9:39 PM

Paying off debt faster isn't about throwing every naira at your loans. Learn how to prioritize expensive debt, build a...