Savings - Access Bank Blog

Savings

Once that pay cheque gets into the account, there are numerous expenses fighting for a slice of the cheque. With growing expenses in today’s economy, it could be difficult to make saving a priority. The grand first step to saving is just starting. Here are a few known secrets to the adventures of saving:

  • Make a Budget: To give an overview of what you can afford, write down the total amount of money you are expecting in the month and your consistent monthly expenses like transportation, utility bills and food. Include your miscellaneous in order of importance. Once this is done, review and take out unimportant activities such as dining out.
  • Make a Plan: Now that the budget has been made, depending on the proportion of your savings to your expense allocate at least 10% of your earnings towards a savings goal.
  • Make Saving Automatic: You will always find a need to spend so don’t save after spending. Once you have decided on the amount to save each month, you can set up a direct debit into your savings account, that way it is automatic and no second thoughts about it.
  • Set Milestones: Think about a goal you are trying to achieve. It could be a short-term goal like vacations, yearly rent, education and special occasions or long term like retirement, children’s university education and Investments. These goals allow you to track your progress, identify and fix problems and even inspire you to save more.
  • Pick the Best Tools: You need a Savings Account that caters to your long and short-term saving goals. Access Bank Savings Accounts not only offer these financial services but you get to enjoy freebies! Like the Family Savings Account which can score you a scholarship and many other benefits by just saving with your family. You can open an Account here.

For more hits and tips watch Savings Culture with one of our very own Bob Anosike.

Share this article
Shareable URL
Prev Post

Life in Access Bank

Next Post

Getting a small-business loan

Comments 40
  1. Hey There. I found your blog using msn. This is a very well written article. I will make sure to bookmark it and return to read more of your useful information. Thanks for the post. I’ll definitely comeback.

  2. Youre so cool! I dont suppose Ive read something like this before. So nice to find anyone with some original thoughts on this subject. realy thanks for starting this up. this web site is one thing that is needed on the internet, someone with just a little originality. helpful job for bringing something new to the internet!

  3. Hi, I think your site might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, fantastic blog!

  4. Wow, wonderful weblog layout! How lengthy have you ever been running a blog for? you made running a blog look easy. The entire glance of your website is magnificent, as neatly as the content material!

  5. Do you mind if I quote a few of your articles as long as I provide credit and sources back to your webpage? My blog site is in the exact same area of interest as yours and my visitors would certainly benefit from a lot of the information you provide here. Please let me know if this ok with you. Appreciate it!

  6. I do love the way you have framed this challenge plus it does supply me some fodder for consideration. However, through what I have personally seen, I just simply trust when the actual commentary pile on that people today continue to be on issue and not start on a tirade of some other news of the day. All the same, thank you for this superb piece and while I can not necessarily go along with the idea in totality, I respect the perspective.

  7. My brother suggested I might like this website. He was entirely right. This post actually made my day. You cann’t imagine just how much time I had spent for this info! Thanks!

  8. Hi I am so excited I found your site, I really found you by error, while I was browsing on Bing for something else, Regardless I am here now and would just like to say many thanks for a tremendous post and a all round exciting blog (I also love the theme/design), I don’t have time to read it all at the moment but I have saved it and also added your RSS feeds, so when I have time I will be back to read more, Please do keep up the excellent job.

  9. What i don’t understood is in reality how you’re not really a lot more well-preferred than you might be now. You’re very intelligent. You realize therefore considerably on the subject of this topic, produced me personally imagine it from a lot of varied angles. Its like men and women aren’t interested except it’s something to do with Girl gaga! Your own stuffs nice. Always care for it up!

  10. This is very attention-grabbing, You’re an excessively professional blogger. I have joined your rss feed and look forward to in quest of more of your fantastic post. Additionally, I have shared your site in my social networks!

  11. Sweet blog! I found it while searching on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Cheers

  12. Appreciating the dedication you put into your blog and detailed information you offer. It’s awesome to come across a blog every once in a while that isn’t the same outdated rehashed material. Great read! I’ve saved your site and I’m including your RSS feeds to my Google account.

  13. you are really a good webmaster. The site loading speed is amazing. It seems that you are doing any unique trick. Moreover, The contents are masterwork. you have done a fantastic job on this topic!

  14. This design is incredible! You definitely know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Wonderful job. I really loved what you had to say, and more than that, how you presented it. Too cool!

  15. The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  16. Hello there, I found your site via Google while looking for a related topic, your website came up, it looks good. I have bookmarked it in my google bookmarks.

  17. Perfectly pent written content, appreciate it for information. “The earth was made round so we would not see too far down the road.” by Karen Blixen.

  18. Definitely believe that which you said. Your favourite justification seemed to be at the web the easiest factor to keep in mind of. I say to you, I definitely get irked even as people think about worries that they just don’t know about. You controlled to hit the nail upon the highest and defined out the whole thing with no need side effect , people can take a signal. Will likely be again to get more. Thank you

  19. I know this if off topic but I’m looking into starting my own blog and was curious what all is needed to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very web savvy so I’m not 100 certain. Any recommendations or advice would be greatly appreciated. Appreciate it

Leave a Reply

Your email address will not be published. Required fields are marked *

Read next
0
Share