Introduction Savings refers to the money left over when you deduct your spending from your disposable income over a given time. Put in simpler terms; it is money you set aside for future use rather than spending it now. For instance, if you earn a net income of N250,000 monthly, your expenses … [Read more...] about Why Saving is important |Five Reasons To Start Saving
Investment in any form of capital in Nigeria requires patience and due diligence of the industry you want to operate. Many prospective small and medium scale entrepreneurs are often swamped with various business ideas when it comes to investment. Still, the trick to this problem is knowing which one … [Read more...] about 5 Investments with N100,000 Capital in Nigeria
About PiggyVest PiggyVest is a savings and investment platform launched in 2016 and is primarily a savings app. Formerly known as Piggy Bank, they rebranded to become PiggyVest in 2019 and also began to offer investment opportunities to users besides savings. It is a platform that wants … [Read more...] about PiggyVest Review: All You Need To Know Before Using PiggyVest
Bitcoin investment in the financial market has drawn a lot of attention from industry investors and analyst alike. Bitcoin is a decentralised digital currency that can be sent from user to user on a network without the need for intermediaries. It allows people to make an exchange of money without … [Read more...] about 5 Things to Consider Before Taking Bitcoin Investment
Introduction Money is anything or any object generally accepted as a medium of exchange for goods and services and other transactions in societies and countries. Before a money came to be , the system of trade was trade-by-barter. Here, you exchange one good for another (for instance, yam for … [Read more...] about The Time Value of Money. What is Money?
Investing in Nigeria hasn’t always been encouraging, considering the economic conditions of the country. However, investments have become more than a way to save money but habits people have imbibed in overtime. More often than not, many people have been easily dragged into the belief that you … [Read more...] about 10 Ways To Start Investing Small In Nigeria
Preamble: “Saving” and “Investing” are familiar expressions employed in the finance industry. They are, however, sometimes used interchangeably. When it comes right down to it, we should be engaged in both to secure our financial future. In the business of building wealth, identifying the … [Read more...] about The Differences Between Savings and Investment
Preamble: How is it said, again? “Life is not a bed of roses”? As humans and as mortals, we are susceptible to making mistakes. It’s probably entrenched in the cycle of life that these things are bound to occur. The same principle applies to investment: some days, we win, other days, we lose. … [Read more...] about 5 Investment Pitfalls You Should Avoid