10/01/2025
SAVING TIPS FOR 2025
For those of you doing 5k monthly contributions to collect 60k by December.
Allow me to give you a better option:
1. Download the piggyVest App, if you have one already good for you.
2. Take that same 5k and put it in your piggyVest wallet monthly. You can choose to save it in any of the saving options available in the app. E.g Flex wallet, Safe lock, piggy bank etc. But a better option here would be to lock it in the safe lock option where you can’t touch the money until the due date.
Here’s the gist;
With PiggyVest, you earn up to 20% of your savings. If you are using the safe lock option in the app. With interest accrued daily and paid monthly.
Let me explain further;
It means that, if you save 5k monthly for 12 months, you will get N60,000 plus 20% interest using the safe lock option, making it a Total of N72,000.
5000 x 12 = 60,000
20% of 60,000 is N12,000
Interest 20% + Your actual Savings
12,000 + 60,000 = 72,0000
How sweet can that be?
And your money will be safe and secure.
Whereas the other contribution, the person can run away with the money. Cases like that happened last year December. Or one person can decide to stop contributing after collecting their own funds leaving others stranded. And there’s no interest sef.
I know you maybe wondering how do piggyVest add this interest. Well, piggyVest will help you make investments with your money and give you back the interest. Now you know where it is coming from.
Although, you can still decide to invest in other projects in the platform and make up to 30% of your investment. That one is different.
They even have a Flex Dollar option where you can save in Dollars, and you can either convert or buy dollar in the app and save it.
That App is too Sweet abeg!
P.S. I was not paid to do this. But I see a lot of us putting our money in the wrong hands all in the name of saving.
I’ve seen someone run away with people’s money. Someone i know experienced it just last year.
I understand that we all want to save, but do it rightly.
Be Wise this year!
