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Saving With KOLO: I Just Began This Journey (photo) - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Saving With KOLO: I Just Began This Journey (photo) (31247 Views)

Savings With KOLO: I Started In January But Gave Up Along The Line. Here's Why- / How Elon Musk Began His Journey Of Buying Twitter (throwback Photo) / See What I Found In My Kolo In Just A Month (pictures ) (2) (3) (4)

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Re: Saving With KOLO: I Just Began This Journey (photo) by raphroye: 11:09am On Jan 05, 2022
Me too... Let's follow it up till December

1 Like

Re: Saving With KOLO: I Just Began This Journey (photo) by Johntemmy(m): 11:09am On Jan 05, 2022
Nice one
Re: Saving With KOLO: I Just Began This Journey (photo) by Nten: 11:10am On Jan 05, 2022
Pop up
Re: Saving With KOLO: I Just Began This Journey (photo) by Sommyfield: 11:10am On Jan 05, 2022
G
Re: Saving With KOLO: I Just Began This Journey (photo) by namdyz(m): 11:10am On Jan 05, 2022
Following grin
Re: Saving With KOLO: I Just Began This Journey (photo) by Enny2013(f): 11:11am On Jan 05, 2022
How much did u buy d kolo?
Re: Saving With KOLO: I Just Began This Journey (photo) by Ballack1(m): 11:11am On Jan 05, 2022
Amuluonyenaego:
This the reason why white collar job no good, now ppl are saving already but I will still be waiting till end of the month if the small salary go remain o cry cry pls who go introduce me to a good paying side hustle.
You are right jare .before the salary show self debt don dey ground

2 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by Henix(m): 11:11am On Jan 05, 2022
Is it not better to open a dedicated bank account and restrict the account with post-no-debit order? With the help of POS agents that full every corner nowadays, it is now very easy and stress-free to save/deposit money to ur bank account, than this unsecure method u adopted

6 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by snowball11(m): 11:12am On Jan 05, 2022
Lexusgs430:
If only kolo gave interest ............... grin


Biko, give me the key to the padlock ................ wink



The shitty commercial banks in Nigeria neither give interest too! They rather deplete your savings with unnecessary charges!

2 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by Originalsly: 11:13am On Jan 05, 2022
Hmmm.... nice idea of throwing the keys inside! .... even if temptation get the better of you ... getting the right tool.... the time and energy to open the box will frustrate you!

2 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by ekukeku(m): 11:14am On Jan 05, 2022
Not 4 salary earners o
M don spend b4 salary
I started one contribution last yr but it just last 3 days b4 Sapa visit m & I stop

3 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by Nten: 11:15am On Jan 05, 2022
It's a nice one when u have multiple streams of income... it's also a pleasant feeling if you can resist the urge and temptations that follows when u are desperately in need and what you want at that moment is in that box... So God help you
Re: Saving With KOLO: I Just Began This Journey (photo) by Nobody: 11:15am On Jan 05, 2022
GRAMMARJAMES:
Good Morning Nairalanders...

Happy New Year to you all.

So, i just purchased my ''KOLO'' today 5.1.2022 and i'm gonna be saving in it till December 10 2022. (So help me God).

I Know this wont be easy because of the country's situation but i can do it, i've done it before during the time of Covid (though break it after 7 months). grin (Hunger kill pass Covid abeg).

I have thrown the keys inside the KOLO itself to avoid every spirit of temptation. I'm a civil Servant who also has (2) side hustles (Dog Breeder) & Club HypeMAN.

May the spirit of SAPA never locate my way, May the SLAY queens never see me, may the SHAYO friends never see road to my house. May the spirit of Dorime never sing in my head. so help me God I pray.. (Amen)

I will keep you posted by revisiting this topic come December 2022.

Lets all cultivate the habit of saving.

Thank You.

Good job

I've started mine too
Re: Saving With KOLO: I Just Began This Journey (photo) by ThankGodFriday(m): 11:16am On Jan 05, 2022
Ablemed:
Nice mindset but Note; keeping Money without enough ventilation would only have you wasting time, sweat and energy
Re: Saving With KOLO: I Just Began This Journey (photo) by chatinent: 11:16am On Jan 05, 2022
Esseite:
Remember when I did this then.. the hunger got to a point i was removing my money with pin and broomstick..

Everyone was encouraging me with "your kolo is heavy ooo".. deep down I knew it was the heavy wood used in making the kolo..

Lol. En mah come go buy the one with padlock. En go chop the money finish

1 Like

Re: Saving With KOLO: I Just Began This Journey (photo) by mountmoriah(m): 11:17am On Jan 05, 2022
Candycrushy:
Nice one OP
By Gods grace ,this December will be a detty one grin
Re: Saving With KOLO: I Just Began This Journey (photo) by Offpoint1: 11:17am On Jan 05, 2022
GRAMMARJAMES:
Good Morning Nairalanders...

Happy New Year to you all.

So, i just purchased my ''KOLO'' today 5.1.2022 and i'm gonna be saving in it till December 10 2022. (So help me God).

I Know this wont be easy because of the country's situation but i can do it, i've done it before during the time of Covid (though break it after 7 months). grin (Hunger kill pass Covid abeg).

I have thrown the keys inside the KOLO itself to avoid every spirit of temptation. I'm a civil Servant who also has (2) side hustles (Dog Breeder) & Club HypeMAN.

May the spirit of SAPA never locate my way, May the SLAY queens never see me, may the SHAYO friends never see road to my house. May the spirit of Dorime never sing in my head. so help me God I pray.. (Amen)

I will keep you posted by revisiting this topic come December 2022.

Lets all cultivate the habit of saving.

Thank You.
Do you know every penny you put in that box will lose its value every week? best you create a behance account and save that money in crypto or USDT

4 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by merits(m): 11:18am On Jan 05, 2022
Springboot:
Why not use one of the digital "kolos" like piggvest and others with stash capabilities.
How digital 'kolo'or pigvest be?please I need more explanation.

1 Like

Re: Saving With KOLO: I Just Began This Journey (photo) by oluade11: 11:18am On Jan 05, 2022
Great.

I will adopt it as well.

However,you can add a third to your side hustling and for those who have no job or extra source of income.

This is a big opportunity for you.
It will change your story forever.

Once again, congratulations and happy new year to the house.

The New year is full of opportunities and challenges.

However, there is a saying that you can not keep doing the same thing and expect a different result.

You have to try new things, take reasonable risk, invest, strategize.

It starts now.

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It is people helping and supporting people.

It does not disturb whatever you are doing now.

It is simply side hustling.

With a token of five thousand naira, you will change your finances forever.

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Re: Saving With KOLO: I Just Began This Journey (photo) by saaron(m): 11:20am On Jan 05, 2022
This method of saving is not economical given the rate of inflation and worthlessness of the naira no thanks to Buhari's fulani regime. Save your money by investing wisely in stocks or Cryptocurrencies.
Re: Saving With KOLO: I Just Began This Journey (photo) by lovetterrison(m): 11:20am On Jan 05, 2022
bro i beg no use iron kolo if not hehehe... i tried it after 3month naso i remove one thousand with pin...na so money don black with strange tiny holes...with speed i carry am go meet weather plenty of my cash don turn black and rusted the few i could collect na night i dey spend am buy fuel and others..if u go use iron kolo open am december hahahahahha

3 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by obyrich(m): 11:21am On Jan 05, 2022
Sirmuel1:
I'll join you.

Even if na daily 1000, I will do it.


It's 5th of January, I think I owe my kolo 5k already.
Do you earn income daily?

1 Like

Re: Saving With KOLO: I Just Began This Journey (photo) by GRAMMARJAMES(m): 11:23am On Jan 05, 2022
raphroye:
Me too... Let's follow it up till December

Nice one ... leggo Bruh !!
Re: Saving With KOLO: I Just Began This Journey (photo) by cyborg44: 11:24am On Jan 05, 2022
It takes great deal of discipline and commitment to save. May God help us all this year. Can I hear u say a loud amen

2 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by Nobody: 11:24am On Jan 05, 2022
You for give somebody the key to keep for you.

He won't know what the key is meant for.

You have to destroy a metal box come December.
Re: Saving With KOLO: I Just Began This Journey (photo) by phemmyfour: 11:25am On Jan 05, 2022
I don't need kolo to save money when you are disciplined financially

2 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by GRAMMARJAMES(m): 11:25am On Jan 05, 2022
Sirmuel1:
I'll join you.

Even if na daily 1000, I will do it.


It's 5th of January, I think I owe my kolo 5k already.

Please try. you will enjoy it by December ending
Re: Saving With KOLO: I Just Began This Journey (photo) by Skillsnigeria: 11:27am On Jan 05, 2022
That's good
Re: Saving With KOLO: I Just Began This Journey (photo) by dondo83(m): 11:28am On Jan 05, 2022
Savings is good but investment is better , savings will give you what you saved after 365 days . Investment will give you more ... save for a short period and reinvest the money

2 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by Rosaline5000: 11:28am On Jan 05, 2022
eleko1:
lipsrsealed hope u aren't living with RATS not those Rats,I mean BIG RATS that'll use broomstick scoop grin grin grin am one by one s d insert paper lipsrsealed
lol I remembered when my little cousin was saving, he was 15 then and his mother usually gives him N500 to school, he will trek to his father place because his parents were separated and collect an extra money which he will use for transport for school then he will save that N500 his mother gave him.
He doesn't eat in school instead take food from house to school or wake up very early to prepare indomie to take to school.
After saving for 3 months thinking he already have like more than 20k in the kolo only for him to open it and it was just 4k cry. He didn't know that when he was putting money in the saving box his senior brother was helping him to collect it.
And a lot of people was even collecting money from his saving box and it's was a common knowledge where he kept it.
My lil cousin cried and cried that day and everybody around kept denying and denying they ever took his money.
3 months of suffering just wasted like that

4 Likes

Re: Saving With KOLO: I Just Began This Journey (photo) by newoffer: 11:29am On Jan 05, 2022
Ventilation that will give rat access to the money.
Ablemed:
Nice mindset but Note; keeping Money without enough ventilation would only have you wasting time, sweat and energy
Re: Saving With KOLO: I Just Began This Journey (photo) by guru90: 11:33am On Jan 05, 2022
omo.... I booked mine on 3rd Jan. 2022...

putting forgettable money like 5H or 1k or 2k or 3k or 4k or 5k inside that box daily.....


And I will open it on 1st Dec. 2022.....

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