If you were fortunate enough to receive an allowance from your parents, they may have also tried to teach you the value of saving part of what you receive each week. We save, basically, because we can’t predict the future. Saving money can help you become financially secure and provide a safety net in case of an emergency.
Saving money is one of the simplest things you can do to start working on your personal finances.
- Buy a home
Saving to buy a home is the best thing you can do for yourself. You set yourself free from the Landlord and Landlady wahala. With your own home, you have control over your surroundings too. It might be expensive now but hey little drops of water make a mighty ocean.
- Buy a car
You must be tired of sitting in the troski(Local bus transportation system) with all its discomfort and sluggish driving. Spending a lot of time at one place just to get the bus filled up but the thing be say you can save money to get your own car. Don’t tell me you are shocked. This will save you from all the wahala and stress.
- Get out of debt
If you have enough in your savings account for emergencies and irregular expenses, and you have high-interest debt, you should be focusing your efforts on aggressively paying down your debt before investing. It is better to pay off the debt you owe. Now you won’t have to dodge anytime you see them. After all, a Lannister always pays… His debts.
- Unforeseen expenses
You know those moments when you need a top-up of some cash to buy something but chale you no dey get… Well yh this is where saving comes in, if you’ve saved enough it will of no use to go round asking for money however a dip into your box and you are sorted.
- Emergencies
This should be the reason why everyone should save because we don’t have control over the future and besides emergencies do occur and you don’t want to be found wanting in search of money. Save to prevent this stress.
- To have a good life
When you save you have some peace of mind because you know you have some money stack up somewhere. Spread the gospel of saving to other people and save a life.
Now let’s start saving, shall we!!!!!!!
If you have a story you want to share with Kuulpeeps and the world, please do hit us up on Facebook, Twitter, Instagram
