Thursday, December 3, 2020

THE EASIEST WAY TO SAVE MONEY AND MAKE UP TO 1 MILLION NAIRA IN A YEAR.

There are 365 days in a year and 366 days in a leap year. For you to make money, you should have a target and most importantly, you will also have to be cautious of your spending. Spending for your top priorities, go for what you need and not what you want.

It's obvious that you can't save money in your bank account because you will not be facing hunger and decide not to withdraw from your account and buy food for your family. The best place to save money is not the bank. The best place to save money is through investment because the investment will double your money but the bank will only give you interest and that's only if you didn't make any withdrawal transactions on your account for months.

           Photo credit: steemit

Apart from investment, another best option for saving money is by using a piggy bank or savings box. With these savings methods, you will hardly touch the money for any need, whether emergency or not. Is not going to be easy but you are going to be over happy when you break the box at the end of your savings year.

For you to achieve great results, you should have a target. You can choose a certain amount that is suitable for you to be saving in your box daily, weekly, or monthly. So many people find it hard to pay for their house rent, it is not because they don't have a job or business that is capable of doing it for them, the problem has been a lack of planning and determination.

Take a look at these saving methods below.

DAILY SAVING FOR ONE YEAR

100 naira daily------ 36,500 naira 

200 naira daily------ 73,000

300 naira daily------ 109,500

500 naira daily------ 182,500 

1,000 naira daily------ 365,000

1500 naira daily------ 547,500

2,000 naira  daily------ 730,000 

2,500 naira daily------ 912,500

3,000 naira daily------ 1,095,000

      

WEEKLY SAVING FOR ONE YEAR.

 500 naira weekly ——— 26,500

1,000 naira weekly------ 53,000

1500 naira weekly ------ 79,500

2,000 naira weekly ------ 106,000

2,500 naira weekly------ 132,500

3,000 naira weekly ------ 159,000


MONTHLY SAVINGS FOR ONE YEAR

2,000 naira monthly ------ 24,000

2,500 naira monthly ------ 30,000

3,000 naira monthly ------ 36,000

5,000 naira monthly ——— 60,000

10,000 naira monthly ——- 120,000

15,000 naira monthly ——- 180,000

20,000 naira monthly ——- 240,000

Choose anyone that's suitable for you and you can be consistent with it, meet a good carpenter to help you construct a piggy bank or savings box. You can also buy it from your nearest market or shopping mall. 

Is not going to be easy but with determination and consistency, you can do it. With these savings methods, you can achieve your dream for that financial project you have in mind which could be for a car, house rent, business start-up fund, house project, or children's school fees projects. The millionaires we hear their names today started from somewhere, the little savings challenge decision you take today can tremendously change your life.

The best time to start saving is now.

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