Archives Tag: Savings
Buy Federal Government Bonds for ₦5,000 and Get Paid Quarterly Interest
April 19, 2022
Nigeria’s Debt Management Office (DMO) has now made Federal Government Bonds available for subscription this November. In line with this, entities looking to profit from this can subscribe to bonds backed by the Federal Government of Nigeria, and earn quarterly interest of up to 13.464% per annum. Read more about Opportunities The DMO, which … Continue reading Buy Federal Government Bonds for ₦5,000 and Get Paid Quarterly Interest
The Role Of Fintech In Promoting a Culture of Savings
April 19, 2022
In Nigeria, a culture of savings is significantly lacking among the population, with many people struggling to build a financial safety net. However, with the rise of fintech, there is a growing opportunity to promote a savings culture in Nigeria and help people take control of their finances. Read more about FinTech Fintech refers … Continue reading The Role Of Fintech In Promoting a Culture of Savings
How To Save Money As A Fashion Entrepreneur
April 19, 2022
No fashion business can survive without money. No matter your level of skill or expertise. Money is needed to run and manage your fashion business. All fashion entrepreneurs need money management skills. It is vital for the survival of any fashion business. Read more about Fashion If you lack money management skills, your business will … Continue reading How To Save Money As A Fashion Entrepreneur
The Goal Of Savings
April 19, 2022
It is one thing to learn how to save and it is another thing to understand the goal of saving. Generally, saving is essentially setting aside money periodically for future emergencies or various reasons and purchases. It means you have to spend and consume less today to consume more in the future. Read more about … Continue reading The Goal Of Savings
Pros And Cons Of Group Savings
April 19, 2022
Individuals who are low-income earners can only save small amounts individually, which is usually not enough to invest in productive activities so alternatively they join savings groups or save as a group. Moreover, by saving as a group, they can accumulate a larger amount of money more quickly by pooling their savings in a common … Continue reading Pros And Cons Of Group Savings
How To Build A Digital Cooperative Savings Club
April 19, 2022
Anything that has to do with finance can be digitized, be it saving, lending, management, investment, trading, buy now-pay later, payment and what-have-you. There is absolutely no financial sector that can’t be digitized or any area where technology can’t be adopted. However, opportunities in a cooperative society are yet to be tapped. Read more about … Continue reading How To Build A Digital Cooperative Savings Club
How To Set A Goal For Savings
April 19, 2022
Savings is one of the foundations of sound personal financial health. As great as saving is, it takes discipline to be achieved. Setting goals is one of the ways to set the tone for discipline and save consistently. Setting goals also mean you prioritize saving, and will further ensure a habit is built out … Continue reading How To Set A Goal For Savings
6 Things To Consider Before Choosing A Digital Bank For Your Savings
April 19, 2022
Digital banks have become a favourite tool for tech-savvy Nigerians who want to save their money at little cost to themselves. These banks are easier to access than traditional financial institutions; customers can access their products and services via apps that grant access to their mobile platform. Read more about Fintech However, if you’d like … Continue reading 6 Things To Consider Before Choosing A Digital Bank For Your Savings
4 Wrong Beliefs People Have About Savings
April 19, 2022
The financially intelligent understand the need and importance of putting away some money in the form of savings. However, many exist that do not as much believe in putting away a portion of their money for later use. These persons just like those who save, do not save because of certain beliefs they hold on … Continue reading 4 Wrong Beliefs People Have About Savings
4 Tips To Help You Develop Savings Habit
April 19, 2022
One of the amazing ways humans affect their lives is through their daily habits. Our habits arise from the little actions we engage ourselves in daily. These little actions when we engage in them repetitively, compound come to form our habits. When a habit has successfully been formed by us, it no longer takes much … Continue reading 4 Tips To Help You Develop Savings Habit
App Of The Week: RenMoney
April 19, 2022
Renmoney is a Nigerian financial services platform that provides savings, loans, and investment services. Renmoney offers access to these services with attractive interest rates. Read more about App of the week The mobile application is designed to meet the needs of individuals seeking to boost their finances through investments. Renmoney’s key feature is the … Continue reading App Of The Week: RenMoney
9 Ways To Take Control Of Your Finances
April 19, 2022
Having a level of financial security is the goal of everyone. There are many who find themselves in financial debt, financially broke and insecure despite how much they earn. Read more about Finance However, others are simply earning below their total living expenses. Their earnings can’t even stop their simple lifestyle. In this article, … Continue reading 9 Ways To Take Control Of Your Finances
Video Of The Week: 5 Tips To Save A LOT Of Money
April 19, 2022
The prospects of saving money in Nigeria are now fewer than ever due to the pandemic. According to Nairametrics, the pandemic led to many Nigerians not having emergency savings. Read more about Video of the week Also, More findings from the Central Bank of Nigeria reveal that the average savings deposit dropped sharply from … Continue reading Video Of The Week: 5 Tips To Save A LOT Of Money
Six High-Interest Savings Accounts You Can Open Today
April 19, 2022
Wouldn’t it be nice if you’re able to earn some good interest on the money you’re holding in your savings account? You might think that banks are doing you a favour with the minuscule interests they add to your money pile periodically, but this ‘bonus’ may get wiped out by bank transaction costs and maintenance … Continue reading Six High-Interest Savings Accounts You Can Open Today
Fintechs in Nigeria: PiggyVest
April 19, 2022
Unless you’re earning significantly more than an average income, you probably have to sacrifice some convenience to save up money. For most of us, there’s always a need popping up for every kobo we make. Putting a bit of cash away can take a big slice of courage, and more. PiggyVest is helping Nigerians overcome … Continue reading Fintechs in Nigeria: PiggyVest
