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…
Savings
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…
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…
The year is moving fast, but it’s never too late to take control of your finances. Whether you’re just starting out or already working towards your goals, adopting smart financial habits can make a big difference. In Nigeria, where unexpected expenses and rising costs can catch anyone off guard, having a solid financial plan is…
Imagine you have a small mango seed. You plant it, water it, and over time, it grows into a big mango tree. This tree doesn’t just give you one mango; it gives you many, and inside each mango are more seeds. If you plant those seeds, you’ll have even more mango trees in the future.…
As we enter 2025, getting better at managing your money is more important than ever. With changing financial goals and the economy, it's key to use smart budgeting methods and tools that help you handle your money better. Let’s look at some advanced ways to budget and the best tools to keep you financially strong…
Managing your budget is key to achieving financial stability, especially in the changing economy of 2025. Whether you want to save for something big, invest for the future, or just spend wisely, having a solid budget helps you reach your financial goals. Here are some simple steps to get you started:
Set Clear Financial…
As the year ends, it’s a good time to think about your finances and set new goals for next year. With 2025 approaching, now is the right time to plan for a successful financial future. Here are five clear steps to start the new year off well:
Review Your 2024 Financese
Look back at how…