91大神

  • 13 Brilliant Money-Saving Tips in These Tinubu Times

    These money-saving tips will take your finances from 鈥淕od,abeg鈥 to 鈥淭rusting the process鈥.

    Written By:

    If you struggle to save money in Tinubu鈥檚 Nigeria, you鈥檙e not alone. Prices of everything have doubled since the president delivered on his promise to remove . However, living in these Tinubu times isn鈥檛 an excuse to go haywire on your already limited funds. We鈥檝e compiled some brilliant money-saving tips that鈥檒l take you from 鈥淕od,abeg鈥 to 鈥淕od, I鈥檓 trusting the process.鈥 

    Stay inside

    13 Brilliant Money-Saving Tips in These Tinubu Times

    Staying indoors used to be cheaper, but even that is no longer a guarantee these days. However, chances are staying inside will still help you avoid unnecessary billings and impulsive buying. If it costs N10k to go outside, you鈥檒l spend half of that inside. 

    Embrace thrift


    If you鈥檝e ever rolled your eyes at the 鈥淣a mumu dey go boutique鈥 mantra, now is the time to fix up. There鈥檚 no better money-saving tip right now, especially when it comes to changing your wardrobe. And it鈥檚 not just your wardrobe; there are also thrift options for electronics and furniture these days. 

    Track your spending

    It鈥檚 not enough to keep tabs on your debit and credit alerts. You should make a conscious effort to note the things you spend money on monthly. This way, you can make projections about your monthly expenses and notice the red flags when things don鈥檛 add up.

    Find the juicy data offerings

    13 Brilliant Money-Saving Tips in These Tinubu Times

    There鈥檚 been an uptick in remote work since the COVID era, meaning Nigerians now spend more on data. Subscribing isn鈥檛 enough: track your daily and monthly data usage. It鈥檚 also important to take note of the bonuses and special offers by internet service providers. For example, some providers double data allocation when you subscribe at certain periods.

    Go easy on the ride-hailing services

    It鈥檚 convenient to pull up to your location in the comfort of a private car, but that can also do some serious damage to your account. Find a balance that works. Shared rides, staff buses and campus shuttles are also convenient options that won鈥檛 cost as much. A Danfo bus here and a keke marwa there. Take every ride as an adventure.

    Find a side hustle

    13 Brilliant Money-Saving Tips in These Tinubu Times

    This isn鈥檛 breaking news, but if you鈥檝e not been paying attention, now is the time to sit up. Your 9-5 is not an excuse. You might want to learn a thing or two from our mummies and daddies in the ministries who run their empires whilst serving the government. You can start by selling chin-chin during lunch hours.

    Pack your lunch

    Food ordering apps will tempt you to ditch cooking, but that鈥檚 the fastest way to financial destruction in these Tinubu times. One brilliant money-saving tip: pack your lunch from home and use the microwave at work. 

    Learn about finance

    13 Brilliant Money-Saving Tips in These Tinubu Times

    It鈥檚 important to know money if you want to save and grow money. Register for financial literacy classes and read books that will help you understand how money moves.

    Find interest-bearing accounts

    Many banking and finance apps offer up to 10% interest on savings. Explore these options; don鈥檛 let your money stay dormant in your account. You can cash out your interest on a monthly basis or wait till it accumulates to a juicy figure.

    Invest in inverters

    13 Brilliant Money-Saving Tips in These Tinubu Times

    Electricity supply has improved these days but PHCN isn鈥檛 smiling, and fuel seems to be the new gold. Invest in inverters or solar panels as alternative means of power supply.

    Review subscriptions

    13 Brilliant Money-Saving Tips in These Tinubu Times

    Why are you paying for cable TV when you have an active Netflix subscription? It鈥檚 not a smart money move. You鈥檒l save more money if you stick with one.

    Have a budget

    13 Brilliant Money-Saving Tips in These Tinubu Times

    It could be daily or monthly. Some bank and finance apps have features that let you set a daily spending limit. This helps you stay disciplined and keep to your budget. It’s among the brilliant money-saving tips you should stick to religiously.

    Drink water

    Because who wants to carry already limited resources to the hospital in these harsh economic times? Also, you鈥檒l get clear skin and won鈥檛 have to worry about dealing with hangovers or hefty bills. It鈥檚 a win-win, really.

    You鈥檒l have your fill of grilled, peppered or fried meat and many more at 91大神鈥檚 meat festival on November 11. Have you bought your Burning Ram ticket? You can do that real quick .

    About the Authors

More By This Author

91大神 amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.