No matter how much you earn or how much you spend, you need to know that it’s possible for anyone to save money in Nigeria. Sometimes all you need is to take the first step in the right direction so you can achieve more from your savings.

Having trouble saving money, here are 6 tips on how to save money

1. Move your money from savings accounts to take advantage of perks and earn more interests.

2. Write a list before going shopping

3. Create a budget and stick to it

4. Learn to earn more, find a side hustle

5. Automate your savings on Cowrywise

6. Save first, then spend the rest

7. Set a savings goals

8. Be disciplined with your savings

Money is one of the biggest driver of man, it is the bedrock to fulfillment for many and the reason we all work. It is a finite ingredient that we all need to achieve our goals. Making money in Nigeria can be very tasking due to current economic realities so can be saving it. Apps like Cowrywise is helping people save the money they make so they can easily achieve their goals.

5 steps on how to save money in Nigeria

1. Learn to earn more, find a side hustle

2. Automate your savings on digital savings apps like [url]cowrywise.com[/url]

3. Save first, then spend the rest

4. Set a savings goals

5. Be disciplined with your savings

Cowrywise is a saving and investment company with the aim to help her users build/sustain wealth via disciplined, consistent and secured saving that leads to investments. We make this service seamless and charge-free for all our users.

CowryWise is a registered firm with its assets held and monitored by Meristem Trustees Limited, an SEC-registered company.

Cowrywise is not a bank but a financial technology company registered and licensed to help people save, invest and build wealth.


There are different saving and investment options you can choose from

1. Periodic plans help you save and invest daily, weekly or monthly with any amount. They can also be topped asides the regular automated payments. The minimum duration for this plan is 90 days.

2. The Life Goals plan works similarly to the periodic plan but would have to be locked up for at least a year. This plan helps you to save for your long-term financial objectives like your child's education, your wedding, a vacation, a business or even retirement.

3. With Save As You Earn, assuming you do not have a regular income, you can save and invest as the money comes. This plan is not automated like the periodic or life goal plan.

4. For Fixed deposits, you get to set aside a lump amount of cash to be locked away for a period of time. This is the only plan that cannot be topped up.

5. The Interest-Free Savings is similar to Periodic Plan except that it does not earn interest. This is particularly suitable for Muslims who do not want interest on their savings.

6. The one-time saving feature is what allows you manually save into any of your existing plans at any time at all.

You can have as many plans as possible by the way.