For years, many Nigerians have been taught one simple rule about money: “Just save your money in the bank.”
It sounds responsible. It feels safe. But here’s the uncomfortable truth 👇 Saving money without earning interest is slowly making you poorer.
This is the biggest lie Nigerians were told about saving.
Why Traditional Saving No…
Saving money has long been considered a smart financial habit. We’re taught to “put something aside,” build an emergency fund, and avoid spending everything we earn. But in today’s economy—where prices rise faster than salaries—saving alone is no longer enough.
In an inflation-driven economy like Nigeria’s, how you save matters just as much as how…
Saving money doesn’t have to mean suffering, cutting out everything you enjoy, or feeling broke all the time. In fact, the best savings habits are the ones you barely notice small, consistent actions that quietly build financial security over time.
At Savingsbox , we believe saving should feel effortless, not painful. Here are 7…
As 2026 approaches, one financial goal should be non-negotiable: building an emergency fund.
In Nigeria, where fuel prices can change overnight, inflation keeps rising, and unexpected expenses are almost guaranteed, having an emergency fund is no longer a luxury — it’s survival planning.
This guide breaks down exactly how Nigerians like you and me can…
Today is December 1st, and there’s something special about this day. Not because it’s the last month of the year, but because it’s the moment we all pause — even for just a second — to breathe, reflect, and quietly admit the truth:
We want next year to be better. We want more peace. We…
Take a moment and breathe.
2025 is almost behind us… and if we’re being honest, many of us didn’t manage our money the way we hoped.
Life happened. Bills happened.
Unexpected expenses showed up uninvited.
And somehow, the money we thought we had disappeared quietly month after month.
But here’s the real question:
Do you have a plan for 2026? What’s…
Saving money in Nigeria today isn’t easy — especially for young people dealing with low income, unstable job opportunities, and rising inflation. Prices keep going up, salaries hardly move, and emergencies appear from nowhere. Yet, the truth remains: consistent saving is still possible when the right structure is in place.
This is where intentional planning and…
Fintech startup celebrates over 11,000 active users within first year of operations.
SavingsBox, a rapidly growing fintech company launched in January 2024, has announced a significant increase in its fixed-deposit investment interest rate to 25% per annum. The move comes as the company celebrates surpassing 11,000 active users within its first year of operations.
Speaking on the…
We all know saving money is important—whether it’s for emergencies, rent, school fees, or that dream trip to Dubai. But let’s be honest: saving in Nigeria is not easy. With rising costs, unexpected family responsibilities, and endless temptations (hello, Jumia deals), many people find themselves broke by mid-month.
But what if the real issue isn’t…
Summary: Serving your country as a youth corps member (Corper) is not just about the khaki uniform and PPA duties. It’s also a time to build a strong financial foundation. Whether you're earning the federal allawee, state allowance, or getting support from family, this phase of your life can be the perfect time to learn…