Why African Global Bank, UBA Wants Africans To Save Consistently

By Mike Cerutti Osagie, in FCT 

A top official of Africa's global Bank,UBA has spoken of motivation behind the united Bank of Africa's latest saving promotions currently going on nationwide,tagged " Wise savers promo "

Speaking to world leaders online magazine, the company official told us at an FCT- Nyaya, by border town of Nassarara State branch that UBA wants Africans to imbibe savings culture

Benefit 1

" It is not enough for people to  know that they  should save, but the next step is making sure it actually happens every month. You want to treat savings like you would any other financial obligation. Just like you owe money to your mobile provider, the utility company and your creditors, savings is the money you owe yourself. If you can get in the mindset that savings is a monthly obligation you pay yourself, it can help you get in the right frame of mind to save consistently.

The worst thing you can do is leave savings for whatever you have leftover on the last day of the month. This is a sure way to ensure you don’t end up saving anything or only save once in a blue moon. Instead, you need to look at your income flow (when you receive paychecks) what when things get paid to determine your best time to save. Then set a date that you will move money into savings and make sure that happens every month.

Having a separate savings account is important, because it ensure that the money doesn’t get spent anyhow "

* Watch out for more tips on UBA wise savers promo  this week and keep saving√

© Osagie is Editor in Chief 
 World leaders blog
And can be contacted via: youngchief@yahoo.com

+234 7042631895


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