Money Saving Ideas

1
xx Money saving tips during economic recession
August 05, 2017, 11:18:22 PM by Isaac Adeniran
It is no longer  news that financial noose has been tightened around the neck of Nigeria and indeed the global economy.

In a time of Change, there is the need for attitudinal twist to avert being swept away by sudden economic tide.

    1. If you are an applicant take the next available offered job even if it is below your dream job.

    2. Buy only items that are considered as necessities. Postpone all luxurious articles till later dates.

    3. Forget about living a life to satisfy others' expectation at the expense of your purse, income or convenience.

    4. Avert taking unnecessary risk in your place of work or business that has the possibility of making you loose your job or major client.

    5. Be committed to your profession, job or business more than ever before.

    6. Re-evaluate your recurrent expenditure pattern like children school fees and effect necessary changes if found beyond your income line.

    7. If you are blessed with many cars try and use those with less fuel consumption capacity. You may have to combine outings instead of members of the family taking different cars out for combinable outings.


Financial discipline is very, very, important now for one to survive the recession.
xx PENSION FUNDS MANAGERS IN NIGERIA
April 15, 2017, 12:00:11 AM by naijatown
PENSION FUNDS MANAGERS IN NIGERIA

AIICO Pension Managers Limited
 Address: Head Office: 174B, Ozumba Mbadiwe Street, Victoria Island, Lagos
 Phone: +234 1 2624667, 2625003; Fax: +234 1 2624174
 Email: [email protected]
 Website: http://www.aiicopension.com

Amana Pension Managers Limited
 Address: Head Office: 7, Victoria Falls, Off Shehu Shagari Way, Maitama, Abuja
 Phone: +234 9 4615300, 4615380 - 99; Fax: +234 9 4615372
 Email: [email protected]
 Website: http://www.amanapension.com

Anchor Pension Managers Limited
 Address: Head Office: Plot 51A, Oro Ago Street, Garki II, Abuja.
 Phone: +234 9 3146526, 4618900 - 9; Fax: +234 9 3145171
 Email: [email protected]
 Website: http://www.anchorpension.com

APT Pension Fund Managers Limited
 Address: Head Office: FMBN House, Plot 266 CAD zone AO Central Business District, Abuja
 Phone: +234 9 4614400-29, 2340095, 08077090003; Fax: +234 9 4614405, 2340096
 Email: [email protected]
 Website: http://www.aptpensions.com

ARM Pension Managers Limited
 Address: Head Office: Plot 698 Sanusi Fafunwa Street, Victoria Island, Lagos
 Phone: +234 1 2692097, 2715000, 7737432, 2715005; Fax: +234 1 2715061
 Email: [email protected]
 Website: http://www.armpension.com
xx Modern HYIP manager script with authorized features
December 28, 2016, 04:34:26 AM by ashton
The main benefit of the PAM HYIP manager script is used to make a HYIP website with authorized features. We have sophisticated and modern PHP developers to built our products are very genuine. From this, we give good opportunity who would like to go great position in their life using the high yield investment website.
xx Things to cut down during recession
September 09, 2016, 02:52:41 PM by Isaac Adeniran
THIS IS WORTH SHARING AT SUCH A TIME LIKE THIS

Here are some things to cut down on in order to make it out of this recession financially sane.

*Generator usage*

It’s bad enough the economy is crumbling faster than a cookie but how many Nigerians can recall a lengthy spell of uninterrupted power supply.

Our standby household generators have for years, been doing what the government cannot do for us.

Now that the situation is getting dire, generator usage should be restricted to specific hours and to take care of necessities.

Comfort can wait till recession is over and we are out of troubled waters.

*Eating out*

Anyone who actually cooks will know that restaurants serve overpriced, often unsatisfying food.

So instead of taking your hard earned money to pay for ‘fancy’ food, go to the market, buy raw food and head to the kitchen.

You’ll save so much money.

*Driving walkable distances*

The cost of fuel is higher than it has ever been in Nigeria’s history, so why not kill two birds with one stone while going for short errands.

Take a walk or go for a run while running your errand. Your body and pockets will thank you.
Continue below
xx MONEY- SAVING IDEAS TO HELP FIGHT INFLATION in Nigeria
May 03, 2012, 10:47:08 PM by Isaac Adeniran
 
1.      TO SAVE-DON’T SPENT:
The best way to save money is to avoid useless spending. Every Naira you keep is money earned and it’s tax –free’’. This is a good rule to follow. If you find it hard to save money, try to make it automatic by joining saving plan or periodic contribution and rotational collection.(You can read more about this idea in the book: Key Strategies To Raise Money For Small & Medium Businesses-NO 1 product of succcessscope.com.
Another hint for saving money is to save at least 10 percent of your monthly salary. Never use such money to purchase luxury items but for investment.
Read more about this from our publication: 7-Laws of Success

2.      DON’T WASTE YOUR SAVING:
Is that ceremony necessary and essential? Unprofitable ceremonies and festivals are some of the ways money that could be used to do purposeful investment is wasted by the poor and medium class people. Avoid it. Is that purchasing a liability or an asset? Don’t waste your saving purchasing liabilities thinking of it as an asset, especially in the beginning stage of your business. If a purchase does not bring money to your pocket, it is a liability.
 
3.      SHOP AROUND BEFORE YOU BUY:
Different stores can have drastically different on the same brand name merchandise. Discounts can save some money for you. When you go for shopping, always make a list of exactly what you plan to buy and then allow yourself for maximum extra amount for unexpected bargain. Avoid impulse buying.
 
4.      WHY NOT TAKE YOUR LUNCH:
Take your lunch to the office. This can save you a great deal over the high cost of eating out. You save money, eat quality food, and also save a lot of waiting time.
xx Money saving ideas to fight inflation in Nigeria
May 03, 2012, 10:45:17 PM by Isaac Adeniran
 1.      FIX IT YOURSELF AND SAVE MONEY:
Most minor repairs are quite simple. Acquire illustrated how-to-do-it-yourself books to be able to some minor repairs without necessarily going to spend money. This is also a secret for those who have the knowledge on how-to-do-it-books. Put it into a book form and you can sell thousands of copies.Successscope.com can also help you to market such books for split of profits

2.      BUDGET FOR INFLATION
 When you get an increase at work, resist the impulse to prove your standard of living. Usually the increase will just help you to stay in place, don’t spend such money haphazardly. Don’t spend such money to buy liability.

3.      GO TO SHOPPING ON FULL STOMACH:
Survey has shown that people that go for shopping while hungry have the tendency to buy more non essentials while those who shop after meal spend up to 20 percent less than those hungry.

4.      BUY OFF-SEASON TO SAVE MONEY:
 Your best bargains come off-season. For instance buy your raincoat, umbrella in early dry season. In the same vein, delay your major food purchase for Sunday market, for market women.

5.      SHOP AROUND TO BORROW:
If you must borrow, go around to see where you can get the lowest possible interest charge and most important of all, borrow for as short a period as possible. Interest rates today are high so beware.
xx Additional money saving ideas to fight inflation in Nigeria
May 03, 2012, 10:44:13 PM by Isaac Adeniran
 1.      BUY HOME MADE COMMODITIES:
Buy made in Nigeria commodities because they are cheaper and will go along way to help   you save money in an inflationary environment.

2.      SHINNING YOU OWN SHOES OR YOUR HUSBANDS (OR ANY ELSE’S IN THE AMILY:
Costs a small fraction of what a professional shoe shine person charges. You can do just as god a job and pocket big savings.

3.      FAMER’S MARKETS:
If you are fortunate enough to live near a farmer’s market or roadside stand you can usually buy fruits, vegetables and other seasonal products direct from the farmer at substantial savings.
 
4.      KEEPING DRIVING COSTS DOWN:
Most automobiles get about 20% more miles per galloon on the highway at 60 mph. And by not spending you will also save money by not getting traffic tickets.
 
5.      SAVE ON DENTAL CARE:
Preventive actions can help save you and your family money. High dental bills due to tooth decay and gum diseases are directly related to the way you take care of your self. Read the SuccessScope publication on how to take care of your teeth to last you lifetime.
 
6.       SAVE ON AIRLINE TICKETS:
When you make your flight arrangements ahead of time come week in advance you save a great deal, Airline call this their “super-saver” fare. Also nigh flight offer greatly reduced fares.
 
7.      BUY TERM LIFE INSURANCE:
Term has the lowest premium of any form of insurance. It “pays off if you die, but has no other value. There are many other forms of investment that pay higher returns than the other form of life insurance see the other important insurance in SuccessScope publication key stressful to raise money.
 
8.      A FREEZER IS A GOOD INSTMENT:
`Although this can involve a substantial initial investment, it can end up with tremendous savings for you as you take advantage seasonal food sale etc.
 
9.      MAKE YOUR OWN CLOTHES:
A saving machine could easily be your best fashion (and inflation fighting) investment. Today’s pattern companies provide all the instruction needed to quick and easy clothes making.
 
10.  BUY WHOLE SALE WHENEVER YOU CAN:
Some manufacturers open their showrooms in weekends or after hour of sell direct to the public. Other has factory outlets. Either way, saving can be tremendous.
 
xx More Money Saving Idreas to fight inflation in Nigeria
May 03, 2012, 10:43:03 PM by Isaac Adeniran
  SAVE ON PRESCRIPTION DRUGS:
  Whenever possible, purchase by generic rather than brand names. Ask your doctor to prescribe that way also and it will help you to keep your medical cost down.
 
  TIPS ON HOME REPAIRS:
  Always use reputable firm for repairs. Ask neighbors and friend whom they use. Get competitive bids. Ask companies you’re considering for a list of bona fide customers for you call. Read real estate creative financial SuccessScope publication: key strategies to raise money for smaller medium business.
 
    SAVE N1 OBJECTIVE:
  To fight inflation effectively your number one objective is to get one Naira plus value for every bulk you spend. It means comparing examine the acts and comparison-shopping.
 
  CHECKED THE NET WEIGHT:
  It should be listed on the label. This gives you the exact weight of the item you are buying without the package, can, liquid or any other filler. This enables you to comparison shop.
 
  LEARN HOW TO SHOP:
  Plan purchases giving priority to your most urgent need. Read the acts before you shop and take advantage of specials. Always compare price and quality but most of all “be captious”
 
  AVOID CONVENIENCE FOOD:
  Home prepared counterpart food are cheaper up to half the price.’
 
  CHECK THE WEIGHT:
   Always check the net weight against the price to determine whether the large size package is actually cheaper. Don’t be mislead by words like “Jumbo”, economy size etc it’s the cost ounce that counts.
 
  TAKE CARE OF YOUR CLOTHES:
  When you take proper care of your clothes you make them last longer and save N as replacement. Remember the old saying “A stitch in time saves nine.
 
  BUY THE HOUSE BRAND:
  Most supermarkets have their own home brands, which sell for less money than the naturally advertised brands. If you find the quality satisfactory, then buy the house brands and save. You can increase your spending power by simply not borrowing; buy only the necessities…..for cash.
 
  LEAVE THE CAR AT HOME:
   Every one knows that walking is good for your health. Whenever possible leave the car at the garage and use your feet. You’ll be happy you did.
 
  PAY INSURANCE PREMIUM ANNUALLY:
  Most insurance companies charge less for annual payments than the monthly or some semi annual payments. Your insurance agent can quickly calculate your saving for you.
xx MONEY SAVING IDEAS TO HELP FIGHT INFLATION in Nigeria continue
May 03, 2012, 10:41:06 PM by Isaac Adeniran
  MAINTAIN YOUR CAR:
   Car repairs are costly; many of these repairs can be avoided by properly maintaining your car as outline in your driver’s manual. This include such things as lubricating, oil change etc.
 
  BUY FOODS THAT ARE IN SEASON:
  Your supermarket usually puts on sale the foods that are in season and therefore plentiful, that is the time to stock up & load up your freezer, the saving can be enormous.
 
  MEAT AND FISH PURCHASE:
  Cultivate the habit of buying more of the cheaper one and less of the expensive one. Meat and fish contain the same nutrient protein. This saving will be enormous.
 
  TAX WRITE – OFF
   There are many insurances when a trip may be deducted from your income tax because it is legitimately related to your job or business. Ask your accountant.
 
  STOP SMOKING:
  If you smoke just one park a day at N1. a pack, you are spending N356 a year on cigarettes. Also smoking is now known to be directly related to about 400,000 deaths a year due to lung, heart and other circulatory disease.
 
  BUYING OLD HOUSES?
  If you are buying old houses, things you should check include termite infestation and wood rot, sagging structures, electrical wiring and heating system, plumbing, hot water heater, the root, wet basements, window and door before you buy!
 
  CONSERVE ENERGY IN LIGHT & NEPA BILL:
  Turn light off when rooms are unoccupied open curtains and shed to let the day light in; use lower wattage bulbs where possible. Avoid the use of color light bulb.
 
  ELIMINATE UNNECESSARY APPLIANCE:
  The average household has around 20 small electrical appliances. Simple task like carrying material squeezing juice and opening cans should be performed with human energy and not electrical energy.
 
  AVOID NON NUTRITIOUS FOOD:
   Jurk food, sugary cakes, sweet, soft drinks etc are not only bad for your health (diabetes, tooth decay and obesity) but they are very capeting ordered off the roll.
 
  TELEPHONE BARGAINS:
   Make it a habit to take advantage of the phone company’s lower rate periods call between 7.pm. and 6.am. for saving of about 40%. Call after 11.pm. (un till 8.a.m) and you save a whopping 60%.
 
  TRAVELLING:
   Check the budget motels may low cost motel chains are opening up around the country. They charge up to N10. less per nigh. Check your library (or book store) for several different directories of budget motel.
 
  GO SHOPPING ON A FULL STOMATCH:
  Surveys prove that people who go food shopping while hungry have a tendency to buys more non essential items. Those who stop after meal spend up to 20 percent less than hungry counterparts.
xx MONEY SAVING IDEAS TO HELP FIGHT INFLATION in Nigeria Continue
May 03, 2012, 10:40:04 PM by Isaac Adeniran
  SHOP FOR PRESCRIPTIONS:
  When you are given a prescription check a few drugs he prescribes for you. Most doctors are deluged with samples from drug firm. Very often you can get initial supply free and also test the effectiveness before you buy.
 
  WHY DON’T YOU LEAVE HOUSE EARLY:
   If you can calculate how much you spend on taxi monthly, it is enormous. You can decide to leave house early for job, meeting, to visit friend and relatives.  This will enable you to catch cheaper vehicle costing less and save you a lot of money.
 
  PURCHASE OF ELECTRICAL APPLIANCES:
   Before you buy expensive electrical appliance (fridge, iron, cooker, radio set, TV etc) employ the help of a trusted expert in the field. This will help you in choice of a long lasting cheaper one.
 
  IMPROVE YOUR HEALTH AND SAVE MONEY:
  Cultivate the habit of walking short distances instead of easting money on taxi. Walking is a form of exercise which doctor has proves   to be essential for good health.
 
  FAIRLY USED MATERIALS:
  SECOND-HAND: Buy fairly used books for your children and save your cash. Instead of buying similar books of same quality and edition but cost higher.
 
  10% FORMULA:
   Save at lease 10% of your Gross earning and such saving must never, never, never, be touched except for investment.
 
  CHILDREN OF YOUR INVESTMENT:
   Never spend the children return of your investment in beginning years of your investment program.  If you do eat the children of your savings, how do you expect the to work for you? And how can they have children that will also work for you?
 
  PURCHASING HOUSE:
   If you are purchasing a house, avoid building that which have major problems such as structural damage, total requiring or complete replacement of plumbing fixture and drainage pipe.
 
  FORCED INFLIATION:
   Invest your money in a business where you can force inflation or bring about artificial inflation and maintain it, real estate deal is a practical example.
 
  OPERATE MORE THAN ONE BANK ACCOUNTS:
  In these days of proliferating bank. It is good you do not carry all your eggs in one basket keep more than one bank Accounts, and liquidation coloyps of any bank will not affect you more than you think
.
  OPPORTUNITY OF LAND.
  That small pieces of land at the back of the house you stay can be turned into an opportunity. You can use it to bring to life perishable products. This will go a long way to reduce your expenses on perishable item on this day of inflation.
 
1 footer2

Download NaijaSky App for Android Phones


Naijasky.com | Copyright 2011-2017. All Rights Reserved.| Privacy Policy | Terms Of Use |

To advertise on NaijaSky call,text or whatsapp Wale 08033181698, 08099874073


Powered by SMFBlog by CreateAForum.com