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See How Much I Got After Opening My Piggybank (Kolo) - Investment (6) - Nairaland

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Re: See How Much I Got After Opening My Piggybank (Kolo) by shakyum: 5:49pm On Dec 10, 2021
Nobody is talking about the kolo price grin
Re: See How Much I Got After Opening My Piggybank (Kolo) by Acidosis(m): 6:09pm On Dec 10, 2021
shakyum:
Nobody is talking about the kolo price grin
The vendor sells for about 20k last time I checked on IG.

My wife won't forgive me if she sees this thread cheesy I've broken her kolo not once but 3x in the past one year. I no dey allow the thing save up before breaking. I'll rather break that thing than visit the nearest POS vendor grin

Kolo is good for "spenders" and compulsive buyers but it's never been my thing. If I'm saving on any platform, I must earn some interests. She's since moved to piggyvest and I think it's working for her so far. But for those who earn daily in cash, kolo remains an excellent alternative.

3 Likes

Re: See How Much I Got After Opening My Piggybank (Kolo) by Acidosis(m): 6:11pm On Dec 10, 2021
NovesaTillie:
The best bank.
No SMS alert charges
No card maintenance charges
No AC allowance charges
Just you and rat and your money cheesy

The rat got me grin grin grin
Re: See How Much I Got After Opening My Piggybank (Kolo) by Acidosis(m): 6:12pm On Dec 10, 2021
hope4nigeria:
Motivational speaker advise me that investing your money is better than saving it, now I no get kolo, no Xmas food, economy don scatter investment, market no dey even sell to recover the capital, na him thesame motivational gibrish speaker still come beg me yesterday to borrow am #100k, Mr motivational speaker, try respect your self I warn you. Congratulations jare. Bless me with one chicken oh

Wahala grin grin
Re: See How Much I Got After Opening My Piggybank (Kolo) by LagbajaTheBEREAN: 7:11pm On Dec 10, 2021
dasanchez1:
Savings is underrated baba. more blessings to come.
smiley cheesy
Seriously.
Next year plan be that.
Re: See How Much I Got After Opening My Piggybank (Kolo) by Dollywood(m): 7:27pm On Dec 10, 2021
QuickStandard:
I get charges of more than 15k a month. So I doubt your assertion

Big man. Na una dey get current account.
Re: See How Much I Got After Opening My Piggybank (Kolo) by Mom007(f): 8:07pm On Dec 10, 2021
Whole up everyone!!!
Am I the only one that read this bros say he bought kolo for 15k? For wooden one Abi metal one that has anti theft mechanism?
Re: See How Much I Got After Opening My Piggybank (Kolo) by Meedon: 8:16pm On Dec 10, 2021
captainamiedi1:
1k in January don't have the same value as 1k in December. the economist will explain better


Oga what are you insinuating
Re: See How Much I Got After Opening My Piggybank (Kolo) by dasanchez1(m): 8:22pm On Dec 10, 2021
LagbajaTheBEREAN:

Seriously.
Next year plan be that.
You can say that again. cool cheesy

1 Like

Re: See How Much I Got After Opening My Piggybank (Kolo) by braveheart77: 8:32pm On Dec 10, 2021
caracas:

Oga is it the 1,1k he saves, you expect him to invest? How can you invest without bulk money? N how would you get bulk money if you don't save? Pls savings n investments are two different things, both of them are good and they compliment each other, so stop the comparisons

Who says you must have bulk money to invest oga?

Savings is fine but a whole year to raise what you call bulk money is not the best. Perhaps monthly will be decent enough

1 Like

Re: See How Much I Got After Opening My Piggybank (Kolo) by King2305: 8:39pm On Dec 10, 2021
obembet:
Make-up and data has finished my Data... I think I need Good bf that will talk to my sense now.


Am not doing BIGO LIVE again



You really need am. grin
Re: See How Much I Got After Opening My Piggybank (Kolo) by Hespee93: 8:51pm On Dec 10, 2021
obembet:
Make-up and data has finished my Data... I think I need Good bf that will talk to my sense now.


Am not doing BIGO LIVE again



What really surlriaes me most is that girsl are .lstly found there more than men
Re: See How Much I Got After Opening My Piggybank (Kolo) by Hespee93: 8:52pm On Dec 10, 2021
obembet:
Make-up and data has finished my Data... I think I need Good bf that will talk to my sense now.


Am not doing BIGO LIVE again



Aand by the way, whatvs your id? grin
Re: See How Much I Got After Opening My Piggybank (Kolo) by fapcrook(m): 11:44pm On Dec 10, 2021
[quote author=NovesaTillie post=108371853]The best bank.
No SMS alert charges
No card maintenance charges
No AC allowance charges
Just you and rat and your money cheesy[/quote And thief who can have access to steal the whole kolo with no trace
Re: See How Much I Got After Opening My Piggybank (Kolo) by GAZZUZZ(m): 5:56am On Dec 11, 2021
Mom007:
Whole up everyone!!!
Am I the only one that read this bros say he bought kolo for 15k? For wooden one Abi metal one that has anti theft mechanism?

https://instagram.com/mykolo.ng?utm_medium=copy_link
Re: See How Much I Got After Opening My Piggybank (Kolo) by jeph19(m): 8:02am On Dec 11, 2021
Congratulations Sir, do agric next year
Re: See How Much I Got After Opening My Piggybank (Kolo) by bjtinz: 9:50am On Dec 11, 2021
caracas:

Oga is it the 1,1k he saves, you expect him to invest? How can you invest without bulk money? N how would you get bulk money if you don't save? Pls savings n investments are two different things, both of them are good and they compliment each other, so stop the comparisons

Not totally true. There are some mutual funds plans that allow as little as 1k.
Re: See How Much I Got After Opening My Piggybank (Kolo) by Debodimeji01(m): 2:34pm On Dec 11, 2021
Beyond very true.
I never at any point insinuated that.
I will forever choose investment over savings.

braveheart77:


Those are management fees really and its normal to get normal charges.

This nigga paid 15k for his own management fee, will gtb charge up to that? Also he is without insurance and risks huge loss. There’s also opportunity cost being interest lost on investment.

Savings is good but investment is better.
Re: See How Much I Got After Opening My Piggybank (Kolo) by Greatn3ss: 12:46pm On Dec 12, 2021
Ignyte:

Make the guy just use the money buy USDT now then forget the money till next year
Him life savings?? Na your papa get USDT?
Re: See How Much I Got After Opening My Piggybank (Kolo) by Greatn3ss: 12:52pm On Dec 12, 2021
braveheart77:


Who says you must have bulk money to invest oga?

Savings is fine but a whole year to raise what you call bulk money is not the best. Perhaps monthly will be decent enough
What kind of investment are you talking about in the first place?
Re: See How Much I Got After Opening My Piggybank (Kolo) by Ignyte(m): 10:38am On Dec 13, 2021
Greatn3ss:

Him life savings?? Na your papa get USDT?


I have my life savings in crypto. I dey withdraw profits. Not USDT sha.

I'm not one of those Bitcoin Lords. I just found a trick and that's what I use.

Meanwhile USDT is stable and profitable since naira is in a downward spiral
Re: See How Much I Got After Opening My Piggybank (Kolo) by EgunMogaji2: 3:50pm On Dec 13, 2021
GAZZUZZ:
[color=#550000]In January I bought the kolo box , I was motivated by stories I had read online after opening to find some HUGE savings cheesy

So I followed suite, can't remember but Im guessing I bought the box ₦15,000 and I started .

When I close I put all my 1k change into the box, these days every one run cashless transactions, so there were weeks I would literarily have nothing to put inside sha.

Dec is here , could not wait till 31st make i see how much i don cover.

To count curled up money no easy o! Took over 1hr but finally counting could begin


Final count ₦257,000 actually ₦258,000 my baby was helping to count and Japan with 1k grin

This is how I opened it.

Money is now with madam, will reseal box in the office and continue till 2022 Dec in Jesus name, insha Allah.

Thanks for reading

Oga, do giveaway for the boys na grin
Re: See How Much I Got After Opening My Piggybank (Kolo) by SuperBlack: 1:31pm On Dec 14, 2021
Greatn3ss:

3011000 abi 301100 abi you dey mad?

Three Hundred And Eleven Thousand Naira
Re: See How Much I Got After Opening My Piggybank (Kolo) by Ignyte(m): 3:45pm On Feb 04, 2022
Greatn3ss:

Him life savings?? Na your papa get USDT?

Stable coin. Na Buhari go help am make profit
Re: See How Much I Got After Opening My Piggybank (Kolo) by mii4u(f): 7:52am On Feb 05, 2022
hustla:


As you are doing this one, do the online one with piggyvest too
Pls how does this.piggyvest work?
Re: See How Much I Got After Opening My Piggybank (Kolo) by hustla(m): 8:09am On Feb 05, 2022
mii4u:

Pls how does this.piggyvest work?

You just save money on the app with your debit card and get some interest while at it.
The interest is small Sha but it's Sha better than your bank that'd still charge you for account maintenance and all that nonsense

You can create target savings etc
Re: See How Much I Got After Opening My Piggybank (Kolo) by mii4u(f): 7:33pm On Feb 05, 2022
hustla:


You just save money on the app with your debit card and get some interest while at it.
The interest is small Sha but it's Sha better than your bank that'd still charge you for account maintenance and all that nonsense

You can create target savings etc
Ohk thanks so much

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