In this life, there will never ever going to be enough money to save. That’s just an undeniable fact.  You should accept this before you can develop a savings culture. Salary increase sometimes doesn’t also guarantee developing a savings culture. A bigger client base will not also impact a savings culture into your life.

If you can’t save with what you have today, there’s a little probability that you won’t if you have more tomorrow. One of the definitions of culture is a way of thinking, behaving or working that exists in a society. Well, I will define it as a habit that is consistent because it has been done over and over till it is been assimilated into one’s way of doing things.

Looking at our society, we will discover that we have a spending culture as opposed to a savings culture. People tend to spend because they believe they don’t have enough to save.

“If the thought of lack has become part of who you think you are, you will experience lack, and all you will see is lack”-Eckhart Tolle.

However, as always, technology have presented us with wonderful and trustworthy apps which will aid us in developing such savings culture and keeping it. I will discuss my top two savings app. There are many out there but this remains my top two anyday. They are presented in no particular order.

1.       ALAT APP


This savings app is being powered by Wema Bank, one of Nigeria’s numerous retail banking institutions. Alat is a total digital bank; from set up to operations. It is an award-winning app, winning Digital Banking Platform of the Year award last year

Pros of the app

i.                     Easy to set up: it takes less than five minutes to set up, provided you have your Bank Verification Number (BVN) with you and some documents. You don’t have to visit a branch for anything.
ii.                   Simplified savings: Here is where the intelligence of the app comes in. it has automated savings, where the user earns 10% interest annually, THREE times the standard bank rate
iii.                 Free card delivery and total card control: It also comes with a debit card, delivered to any part of Nigeria FREE OF CHARGE! And you can control your cards from the app. Meaning you can deactivate it, lock it and do whatsoever you want from the app. No need of walking to the bank.
iv.                 Earning with the app: you can make money referring your friends to download the app. Here’s my referral code: PIL2NC

I have used this app to make savings. It comes highly recommended.

DOWNLOAD FROM THE GOOGLE PLAY STORE(FOR ANDROID USERS)

DOWNLOAD FROM THE APPLE STORE (FOR IPHONE USERS)


2.       PIGGYBANK.NG

This is another wonderful platform that helps with developing a savings culture. When one hears “piggybank”, most of us will remember what is called “kolo” when we were kids. Whether it is a shaped like a box or a fancy rubber pig with a thin opening for squeezing naira notes inside, which prevents the owner from simply spending money. Fast forward to this age, technology have built one for us. I so much love this app. It “empowers people through saving and particularly saving from one’s debit card”.

My Link

Though is accepts all cards, Piggybank.ng is in partnership with United Bank for Africa (UBA) and in operation, is quite like Alat that I mentioned earlier. But the only difference is that Piggybank.ng doesn’t give debit cards. You just simply add your own debit cards and the apps makes debits automatically on the agreed date and saves it for you.

It is important to note to note that you can’t save LESS than N1000 a week and N5000 a month and it allows only FOUR withdrawals on chosen dates in one year. Any other withdrawal comes with a penalty.

DOWNLOAD ANDROID APP

What do you think? Why not start today and start saving. Share your thoughts in the comment section below.