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Wanting to learn about financial savings

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Mustapha, hi. If your inquiry is how to save money, at the personal or business level, that will depend on different factors, such as financial capacity, needs, objectives, personal discipline, flexibility, and so on. A good example of how to save is to allocate automatically, to a bank account, a reasonable percentage (or a fix amount), each month, of your income. I wish you the best.

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Ok sir, i will try my best to save the little of my earnings.

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I feel relax knowing that you are asking from the part of the world where I can entirely relate with. And here is my little response: The desire to save financially depends on a set goals and plan (future) which propels one to save so as to meet up with the desired plan. To achieve this depends on so many reasons which but not limited to your present financial capacity which relates to your income over expenses and your financial expenses for the day to day running of life expenses. Have known this will help you to have a clearly defined plan on how much you are worth after which you can now try to have a stipulated amount to be saving with financial institution; this decision must me backed up with a strong resolve and character to always keep you on your toll as a guide. If your closeness to any of the big financially approved institution is a very far distance away you can join a trusted team of local money contributors as we have them on virtually every corner in Nigeria especially the northern part where you reside.

Report Anayo's answer

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