Good morning Nairalanders,

I work in a very reputable company and my salary is good at my age, I spent money alot on unnecessary things. A friend of mine always advice me to save because things might not be keep rossy like this in future which I don't pray for . So I think it's best for me to have a reserve because of raining days.

I always wish to have discipline account Which I will find it difficult to touch no matter the challenges, but all my calculations is not working, am not lucky when it come to all this akawo or Ajo ( daily contribution or cooperative savings), most of them always get issues when it come to my turn to collect. .

I don't know if it's village people or luck. This has make me lose money in all this Ponzi scheme, MBA etc.

There some insurance agent that do come to my office and introduce thier savings scheme which I love thier benefits ( Tax rebate and life cover. I will not die now in Jesus name) but what people say about getting money when it come to maturity do scared me. A friend of mine lose over 6M in cash craft ( they are not insurance ).

I have several bank account, I know savings in bank is good but I can always terminate my contract whenever I need money they because they don't have charges.

So all this has been given me serious issue and I want to start saving this year.

Can I pick savings plan with insurance or I should just go to the bank?

Kindly state the reason before u pick sir/ma

Instead of insurance put your money where your mouth is e.g save it in mutual account.

There and there,u will have peace of mind.
Their rate is currently at 8.33.

U can try ARM invest. Is a subsidiary of ARM pension.

Below is my account with them as at today.

So people even have money to save

obembet:
Good morning Nairalanders,

I work in a very reputable company and my salary is good at my age, I spent money alot on unnecessary things. A friend of mine always advice me to save because things might not be keep rossy like this in future which I don't pray for . So I think it's best for me to have a reserve because of raining days.

I always wish to have discipline account Which I will find it difficult to touch no matter the challenges, but all my calculations is not working, am not lucky when it come to all this akawo or Ajo ( daily contribution or cooperative savings), most of them always get issues when it come to my turn to collect. .

I don't know if it's village people or luck. This has make me lose money in all this Ponzi scheme, MBA etc.

There some insurance agent that do come to my office and introduce thier savings scheme which I love thier benefits ( Tax rebate and life cover. I will not die now in Jesus name) but what people say about getting money when it come to maturity do scared me. A friend of mine lose over 6M in cash craft ( they are not insurance ).

I have several bank account, I know savings in bank is good but I can always terminate my contract whenever I need money they because they don't have charges.

So all this has been given me serious issue and I want to start saving this year.

Can I pick savings plan with insurance or I should just go to the bank?

Lalasticlala
Seun
mynd44

Buy USDT and have peace of mind

Here to learn..

You can visit the link below to get started..

Bet9ja is better... Play 2odd

I need answers too oh

PiggyVest

Money saved in a bank is irrelevant. Money saved in a piggy bank is better because no one is charging you for maintenance and service fees. Our country is cursed aje

Save in Dollars jeje

Get a Crypto account, or if you don't want something entirely online

get a physical wallet....

make your money no loose value

You can do both. It's good to diversify risk in the course of Investing. Let's say you have 1.5 million. You can put 750k in Piggyvest and the other 750k in investment funds such as ARM Money Market funds. Piggyvest gives about 10% interest while ARM gives 8% or thereabout. So in a year you can earn around 130k on that money. The return is not much but it's better than putting everything in a Nigerian Bank.

Piggyvest has been operating since 2016 and they haven't given anyone heartaches. ARM is a reputable investment company in Nigeria. As you financial knowledge grows you can put some of your funds in the Nigerian Stock Market. Investment is good but one must do due dilligence before going into anyone. Best of luck!

showafrica:


Buy USDT and have peace of mind

I'll like to know more about this. Please, can you point me in the right direction? Perhaps a series of articles I can peruse.

Thanks.

You be odogWu for being able to save with the hardship in the country o

Save in ur acct for a while

Buy either of the following

Land
Transportation business
Food and drinks business
Cloths line.

All this insurance whatever. OYO LO WA OO
SAVING IT IN A BANK WHEN NAIRA KEEPS FAILING
BE WISE

ibechris:
Instead of insurance put your money where your mouth is e.g save it in mutual account.

There and there,u will have peace of mind.
Their rate is currently at 8.33.

U can try ARM invest. Is a subsidiary of ARM pension.

Below is my account with them as at today.

tell me about this

I use piggyvest

obembet:
Good morning Nairalanders,

I work in a very reputable company and my salary is good at my age, I spent money alot on unnecessary things. A friend of mine always advice me to save because things might not be keep rossy like this in future which I don't pray for . So I think it's best for me to have a reserve because of raining days.

I always wish to have discipline account Which I will find it difficult to touch no matter the challenges, but all my calculations is not working, am not lucky when it come to all this akawo or Ajo ( daily contribution or cooperative savings), most of them always get issues when it come to my turn to collect. .

I don't know if it's village people or luck. This has make me lose money in all this Ponzi scheme, MBA etc.

There some insurance agent that do come to my office and introduce thier savings scheme which I love thier benefits ( Tax rebate and life cover. I will not die now in Jesus name) but what people say about getting money when it come to maturity do scared me. A friend of mine lose over 6M in cash craft ( they are not insurance ).

I have several bank account, I know savings in bank is good but I can always terminate my contract whenever I need money they because they don't have charges.

So all this has been given me serious issue and I want to start saving this year.

Can I pick savings plan with insurance or I should just go to the bank?

Forget these
Nigerian government economic policies will render your savings buying power useless
Go for crypto -& a few other long term- international investments.
These tokens will increase in value

Binance Coin
Tesla Pi stocks

i work in a financial institution and i have lil idea to share..

Savings in Insurance company comes with life insurance but very lil interest

Money Market Funds is very cool too, no insurance for you but interest is very good.my company offers 8.2%


so any of these 2 is far better than Bank savings anyways

Elianawalker:
I need answers too oh

To me is better to use piggyback.
Especially if you are discipline and focus
Why? there is no monthly diductiom and also nọ charges.

Apart from that it help you want to work hard in order to save more, and is more secure this is what I think.

ibechris:
Instead of insurance put your money where your mouth is e.g save it in mutual account.

There and there,u will have peace of mind.
Their rate is currently at 8.33.

U can try ARM invest. Is a subsidiary of ARM pension.

Below is my account with them as at today.

8.33% per annum?

obembet:
Good morning Nairalanders,

I work in a very reputable company and my salary is good at my age, I spent money alot on unnecessary things. A friend of mine always advice me to save because things might not be keep rossy like this in future which I don't pray for . So I think it's best for me to have a reserve because of raining days.

I always wish to have discipline account Which I will find it difficult to touch no matter the challenges, but all my calculations is not working, am not lucky when it come to all this akawo or Ajo ( daily contribution or cooperative savings), most of them always get issues when it come to my turn to collect. .

I don't know if it's village people or luck. This has make me lose money in all this Ponzi scheme, MBA etc.

There some insurance agent that do come to my office and introduce thier savings scheme which I love thier benefits ( Tax rebate and life cover. I will not die now in Jesus name) but what people say about getting money when it come to maturity do scared me. A friend of mine lose over 6M in cash craft ( they are not insurance ).

I have several bank account, I know savings in bank is good but I can always terminate my contract whenever I need money they because they don't have charges.

So all this has been given me serious issue and I want to start saving this year.

Can I pick savings plan with insurance or I should just go to the bank?

Piggy...no charges,no mago mago,no stress....just save and discipline.

Okay

Effulgent:
Save in Dollars jeje

Get a Crypto account, or if you don't want something entirely online

get a physical wallet....

make your money no loose value

plz, I will need more enlightenment on this

Kolo is better if you do not mind not recieving interest and you can be disciplined not to break your kolo.
Why not try FG savings bond instead.
Here's free book on business ideas & money sources directory for you,it's 100% free! https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.

Try and get a plan on what you intend to invest your money on e.g get a land somewhere and be developing it gradually for rental purpose if you are not ready to start up a business to be overseen by you everyday...

Flamzey00:
Money saved in a bank is irrelevant. Money saved in a piggy bank is better because no one is charging you for maintenance and service fees. Our country is cursed aje

But when you want to withdraw from piggy nko

I feel the best way to save is just to just buy dollars either physically or in ur Dom acct . With that u can't easily spend it and it increase in value