This possibly will
describe the lifestyles of people working in a financial institution as
bankers. Without doubt, banking
profession is an honorable and enviable one. It is a profession that is well
respected and everyone sees you as being trustworthy, responsible, meticulous
and mature.
Personally, I was
fascinated to be a banker while I was a teenager. This resulted from the
childhood perception I had then as regards what would become all the monies
being deposited in the bank. I strongly and erroneously believed they would be
shared among the bank’s staff from time to time. Now, I know better that
banking profession is beyond my infantile imagination. Then, I also liked the
corporate environment, the air-conditioned banking halls in few banks, and the well-dressed
banking officials.
The matured grown up
perception that finally made me to toll the banking profession as a career was
due to corporate outlook supposedly financial buoyancy. But, now I have
understood that being a banker does not guarantee your financial freedom but
the wisdom not to live about your means should be our watchword.
When you work in a bank,
irrespective of your position or take home pay, it is assumed that you have
money. This assumption maybe true as you can be said to be comfortable,
independent, and possibly save money, if you have a good saving culture. The
upfront and access to other staff’s incentives like loan, lease e.t.c, may also
lend credence to the people’s assumption.
Unfortunately, this ill-fated misconception of
people and easy access to the incentives mentioned earlier on have made some
bankers to live beyond their income. There is, therefore, need to check
ourselves in our journey so far, as bankers. I stand to be corrected and
criticized, so as to learn as well, as we sincerely rub minds together. When
you just got your job as banker weren’t you so excited? It was like you were on
to a new height. You soliloquized,’ I am now 50% above poverty, goodbye to
lack, wants and being dependent on your family or friends. Isn’t it?
Yes! But the truth is many of us are carried
away with the new status and we fail to manage the little or much we earn as
the case maybe. We flaunt around with the latest, trendy and expensive gadgets,
jewelries, suits, shoes and some other frivolities. We are happy collecting
loan facilities to purchase expensive cars and other things that are
irrelevant, hoarding our rented apartment with 3D TVs and other expensive home
appliances. We use at least two expensive mobile phones with frequent recharging.
Latest technology is good but should not be a do or die possession. You begin
to live a life that is not yours. They call it swagger or effissy’, or is it
packaging? I advise a break should be applied on such spending spree before
your today’s swagger causes you to stagger and fall eventually tomorrow.
It’s mind throbbing and shocking at this
period of no job security from the top executives to the lowest cadre in the
banking profession. Some bankers, who fully understand the concept of economics
and investment, will spend heavily on cars or other frivolities worth millions
of naira. This is done with no alternative or plan B in place. This is a time
bomb of financial tragedy ticking away ready detonate! It seems unimaginable
that a banker with no other source of income or financial succour will embark
on a journey of exorbitance on liabilities rather than assets.
The bitter truth is that those you want to
impress by your show of packaged luxury might even be well off than you. In a chat
recently with some of the security personnel in a bank in Lagos, the responses
I got were encouraging because
majority of them have at least half a plot of land in some locations like Mowe,
Ibafo, Ikorodu e.t.c. Some have developed theirs. Few lease out the parcel of
land for farming and livestock rearing. Some have commercial buses which give
them returns. Is there any other way in which your money can work for you other
than this? Such people have confidence of sustenance even if they are shown the
way out of their security job.
I was so impressed when I
heard this because many professional bankers never thought of securing a plot
of land in those areas. They used the remoteness of such areas as their
excuses. They
continue referring to those places as remote areas disregarding the fact that
cities like Lekki, Victoria Island, Ikoyi and Surulere were once remote areas,
before being developed over time. We love enriching landlords’ pocket and
most landlords especially in Lagos prefer letting out their houses to a banker
or an oil company worker, because they feel secured even if they increase the
rent yearly, bankers and oil workers will definitely pay.
It is rather unfortunate that for some of us
are literally working for money tirelessly, day and night. For these set of
people, losing their only source of livelihood, will simply spell: F-I-N-A-N-C-I-A-L D-I-S-A-S-T-E-R!
The reason the life of
some bankers is always miserable anytime the company disengaged or advised them
to resign, is that they find it so difficult to cope with their lifestyles. The
reality of life starts to catch up with them very fast and hard. A top
management staff in the industry as a senior manager was advised to resign, and
to my surprise she
started lamenting seriously, saying the bank had killed her and wondering where
she would start from. I easily deduced her main worry from that outburst: she
had little or no PLAN B. And, that she would lose the position of a senior
manager, with official car with a driver, ease of securing a loan, child
education support, vacation abroad and other perks at the expense of the bank,
is simply unimaginable.
These lacks of future
plan clearly explain the words of A.R Bernard a Spiritual leader ‘If you don’t have a vision for the future,
then your future is threatened to be a repeat of the past’
A lot of bankers are easily carried away
with the winds of some activities in the industry which are not relevant. They
have forgotten that they are not indispensable and that with or without them
the bank will go on. They should know that they are not rooted in the place but
to be seen as part of their journey. Developing our career is advised but each
one of us is also born with array of abilities exceptional to one.
Unfortunately, only a few are actually putting theirs to use. You should think
and explore the talent within for success and plan for an alternative from the
day you got an appointment in the bank in order to accomplish your goal in life.
This brings to mind the
quotation of Brendan
Francis Behan who was an Irish poet ‘If you have a talent, use it in every way
possible. Don’t dole it out like a miser. Spend it lavishly like a millionaire
intent on going broke’.
In this banker’s cycle,
relationship is not left out. Some people savings are literally on different
bevy of beautiful ladies. Some lady bankers are in ‘managing’ relationship with
the assumption that available finance will make it better. The worst scenario
is for such lady to fall prey of a gold digger, jealous or betrayal of a
husband or fiancé. By the time the dust is settled, fortune and friends might
have gone already. If the spouse seems faithful, the actual measure of its
degree can only be ascertained when the job is no more. The real foundation on
which the relationship was built would therefore come to light. If it was on
true love, marital bliss would be sustained and, if otherwise, marital crisis
would be inevitable.
In conclusion, we should
overcome the temptation of buying things that are not necessary. The full
realization that we are not indispensable to the bank should ginger us to
intensify the plans toward the future and to enable us harness our talents as
soon as possible for sustainable alternative options. Prudence and moderation
should also be our standard to acquisition of our needs, not wants. Let build
our relationship on a long-standing core values which can weather the storm and
the test of time.
Peter Oluwatosin
Odofin is a Publisher, Writer, Blogger, an Entrepreneur and a career
coach . He is currently the president of National Association of Aspiring
Bankers of Nigeria (NAABN). also MD/CEO of Pet -Dof International Consulting
Limited which is into Educational Consulting, Career & Self development,
Travels& Tours , Branding and Publishing.