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How can I save and invest on a ₦90k salary in Nigeria?
Hmm. I suggest you do percentage spending: 20% to invest, 50% to support and 20% for emergency or other things. Remember in 50% is your food, needs,etc. Know the differences between needs and wants. Try to limit your lifestyle which allocate more of your funds too. Do meeting, communicate and agreeRead more
Hmm. I suggest you do percentage spending: 20% to invest, 50% to support and 20% for emergency or other things.
Remember in 50% is your food, needs,etc. Know the differences between needs and wants.
Try to limit your lifestyle which allocate more of your funds too. Do meeting, communicate and agree on terms
See lessWhat is a money market mutual fund? and how does compounding works?
Imagine saying you don't like stress and don't have time. You give or lend money to professionals for your wedding or events to be perfect. That's how mmf works. So, you give them money to help you invest as a group and you get your profit according to the money or funds invested. Compounding meansRead more
Imagine saying you don’t like stress and don’t have time. You give or lend money to professionals for your wedding or events to be perfect. That’s how mmf works. So, you give them money to help you invest as a group and you get your profit according to the money or funds invested.
Compounding means multiplying in folds. The profit you get is re-invested back to the mmf and thus increase in folds.
See lessWhat is a money market mutual fund? and how does compounding works?
If downloaded and registered- you have done all the processes ( chn, cscs, bank account and name verification), open the app, click on investIn below the app and you will see mmf and other related bonds, click on it and invest. Let your money be in wallet instead of funds.
If downloaded and registered- you have done all the processes ( chn, cscs, bank account and name verification), open the app, click on investIn below the app and you will see mmf and other related bonds, click on it and invest.
Let your money be in wallet instead of funds.
See less