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Secure Your Family's Financial Future In 2022 - Family - Nairaland

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Secure Your Family's Financial Future In 2022 by greychris: 11:37pm On Jan 25, 2022
If you have been disconnected from the whole world, then you will be forgiven for missing the amazing news that has allowed Nigerians to smile about their financial future. So that you don’t get too anxious, we are talking about the Xend Finance app. Before you turn away, take a look at this.

As a Nigerian who is concerned about money, it is no longer news that the value of your Naira at the beginning of the year is vastly different from what it currently is. Not like it has been different at any point in the last five years, but the case this year is particularly brutal. It’s spiralling out of control. Speculations have been made that that the Naira will further spiral down till it one dollar equates a thousand Naira.

To put it mildly, this is a cause for concern for most people and you might be of these ‘most people”. What exactly are these concerns? Let’s itemize them. If you started to save at the beginning of the year in preparation for a major goal like building a house or buying a car, you’ll agree that such a dream would have to wait a little longer because the cost of achieving the said dream keeps going up by the day.

Adding to that, the savings returns offered by banks on fixed deposits do not offset the loss in value of the currency. Simply put, if you are tossing a coin to determine if you will win the battle against the dwindling national currency, heads, you lose, tails, you still lose. So, what should you do?

In the light of all these challenges, Xend Finance had been closely observing this trend and decided that Nigerians had seen enough. There had to be a way to get the value of your money every single time. Hence, they designed the Xend Finance application. What does this application do? Keep reading to find out.

Xend Finance app is designed to help you preserve the value of your money. All you have to do is download the application, register, then log in. Instantly, you can save your money in stable currencies as a way to preserve your money. You don’t need to worry about not meeting your savings goal or not buying the items you desire.

Saving your money with the Xend Finance app translates to saving your money in a currency other than the Naira. This implies that whenever the Naira reduces in value, it does not affect your savings. Whenever you decide to withdraw your money, it will be converted back to Naira at the new rate which will most likely be higher.

Additionally, when you save money is on the Xend Finance app, you earn high-value interests that compound daily. Also, because Xend Finance is a blockchain app, you get to earn tokens that you can eventually convert to money. This way, you will no longer complain of the financial hard times because you have the antidote.

So, what should you do now? It’s simple. Just download the Xend Finance app from the google play store or iOS App store and start saving.

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