Post
Topic
Board Nigeria (Naija)
Re: Importance of saving from your salary.
by
Hewlet
on 14/07/2025, 11:13:30 UTC
I notice that some of our youths in d country don't no how important it is for someone to save from his or her salary to grow financially in d future. Wen u save from your salary, it give u opportunity to plan your life well by looking for potential investments to invest your money to have something to fall back to wen u lose d job. There are some youths in this our naija local board, that used their savings to buy cryptocurrency and they are doing well both in cryptocurrency and other business in d country, because dey have d knowledge of cryptocurrency to take advantage of their salary.
most of the people that are earning enough and can afford to still set out some part for investment are already doing that. the only issue is that with the issue of low income earners being the major part of the society, it becomes really difficult to see people that are really investing because the majority of them are just using their earning as a means of sustaining themselves. imagine that you are just earning say 70k in this our economy, how will serve for your feeding? what about subscription and the numerous responsibilities that most adults have to deal with.

savings is necessary but the challenge that most persons that are hoping to save are experiencing is that they are not earning enough to even start with. if you are earning well, you need to save and also invest. a combination of proper savings and investment is what will yield proper profit in the long run.