AUTOSAVE is the new SAVE!

More money DOES NOT equal more savings but more expenses! What equals more savings is saving any amount consistently (with autosave or otherwise) UNTIL THE HABIT IS FORMED!

So, a few days ago, I shared a post asking people how much they’d need to save monthly to reach just 1 million in 5 years (see image below). The feedback I got can be summarized into two: While a few people said, “Chai! I need to increase my income and then my savings rate”, Most people said, “Money wey no dey, how we go come save?” LOL! :) :D

Yes, there’s sure a need to keep increasing income streams by exchanging value for cash; that will never stop. But more money DOES NOT also equal more savings but more expenses (Parkinson’s law, Eccl. 5:11). What really equal more savings is doing it consistently (with autosave or otherwise) regardless of how small UNTIL THE HABIT IS FORMED!

…more money DOES NOT equal more savings but more expenses.

And the best way to do it consistently to develop the habit is with autosave. That’s why autosave is the new save!

More details at our financial intelligence training/webinar.

#myFund #ValuePlus #FinancialIntelligence #Training #WLA #ExclusiveToRegisteredUsers

You can cultivate the savings culture with MyFund. Go to www.valueplus.ng

Don’t deceive yourself. If you save 5K every month, you’ll end up with 300K in 5 years. Check your plan!

--

--

--

A platform for reproducing achievements in others in the quickest, cheapest and most harmonious way possible

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
ValuePlus

ValuePlus

A platform for reproducing achievements in others in the quickest, cheapest and most harmonious way possible

More from Medium

How to Overcome Language Barriers As a Nomad

Here Is A Method How To Make Money Online

Why don’t you get a job?

me, and desire to become a Software Engineer