Young people need all the financial knowledge they can get as this will ensure that they wisely manage their financial resources and not end up broke and miserable in their latter years.
The more of this sort of information you have, the greater your chances of adequately managing your finances (money). So here are my financial management tips to you:
1. LEARN SELF-CONTROL:
You will not arrive at your destination financially-speaking if all you do is spend impulsively on virtually everything you set your eyes on. …
Festivesave, Nigeria’s most trusted and secure digital savings platform has launched its mobile app. The app was launched to ensure a more mobile centric, seamless and secure user experience for customers on the platform.
The mobile app is currently available on android with the iOS version to be released shortly. The Festivesave app has been designed to ensure users can easily navigate and save for the festive celebrations of their choice. Features like easy on-boarding process of less than 2 minutes, Tracker feature to track your festive savings against your savings target, Save Now feature which allows you to top…
A new year is always a great opportunity to start fresh and make your goals happen; to get inspired and make changes to your life for the better.
Most people make New Year resolutions at the turn of a new year, these resolutions are majorly about the negative habits they would like to drop, milestones they would like to achieve or things they would like to acquire during the course of the year.
However, a vast majority of people who make New Year resolutions tend to fall back to their old habits or even forget their resolutions before the end…
2019 And The Turn Of The New Decade
The year is gradually coming to an end and we hope it has delivered on its promises and your expectations of the year. And if it hasn’t do not fret, there are still a few days to go in the year.
Today I will be talking about how to make the most of the New Year which would be rolling out in 8 days. With the easy steps below you will surely have a great 2020.
1. Reflect: It is important to set out time to reflect on the things that have…
Interesting Ways To Spend Christmas This Year
The magical season of fun, laughter, love and merriment is just around the corner… I am sure there are quite a number of people who have no idea how to spend their Christmas holidays yet and are staring a potentially boring holiday in the face.
Don’t fret, I am here to rescue you. I have compiled a few affordable ways you can have an amazing time with your friends and family this holiday:
1. Concerts: December is always filled with quite a number of concerts by top-rated musical artistes to attend and it…
It’s that time of the year once again when families and friends spend time together to make merry and have fun by reason of the festive season which is just around the corner.
But as we know, it is also a time when items become more expensive and we spend way more on purchasing decorations, gifts, meals and drinks, hangouts with friends and a whole lot more associated with having an amazing time during the holidays.
However, more often than not, we tend to spend excessively, forgetting there is life after the holidays; leaving so many people flat broke at…
So many people especially young people have a huge problem allocating their income between their wants, needs, savings, investments and the likes. Managing your income and being financially accountable is extremely important and one of the keys to financial success.
In achieving this, we suggest the adoption of the 50/20/30 rule. Yeah, it kind of sounds funny…. but keep reading and you will find it amazingly insightful.
The 50/20/30 budget rule was popularized by Senator Elizabeth Warren in her book All Your Worth: The Ultimate Lifetime Money Plan. In a nutshell, this budget rule helps you allocate your resources (after…
Festivesave, is a new and innovative digital savings platform which was launched this month by MKOBO. Festivesave is the first digital savings platform in Nigeria which allows users to save specifically for the festive celebrations.
The platform launches with support for the four most popular festive celebrations in Nigeria (Christmas, Eid-Fitr, Easter and Eid-Kabir (Sallah)), with plans to expand this to other celebrations in the future. The icing on the cake is that Savers also receive up to 10% bonus (interest) annually on their savings.
Festivesave is currently only available on the web with plans to launch the Android and…
When we look at the financial problems that most Nigerians face today, such as deficits, bankruptcies anddebts, it showsa lot of them have no idea of how vitalsaving money is orit could just simply be ignorance. Financial saving is something you must endeavor to practice always as it comes with several benefits. These benefits range from financial stability to the abilityto achieve one’s dreams.
Some people always spendtheir money on unnecessary things they don’t need, especially when they receive newpay. This is not a good habit for anyone who wants to be financially stable. …
Business failure is not new in any part of the world. However, the most striking observation is that startups andsmall businesses face this problem more than big businesses. There are several statistics out there about the failure and survival rate of small businesses. For example:
Some businesses that closed within 5 years of starting operations in Nigeria include:
We provide innovative financial solutions that are inclusive through the use of technology.