Posted: Wednesday, 2 July 2025 at 07:51 am

WHY MOST NIGERIANS STRUGGLE WITH SAVING—AND HOW TO FIX IT

WHY MOST NIGERIANS STRUGGLE WITH SAVING—AND HOW TO FIX IT

For many Nigerians, achieving financial freedom feels like an uphill battle. It’s not just about income; the challenge is a mix of economic realities and deep-seated cultural norms. Soaring inflation and unpredictable earnings makes savings difficult, while strong community bonds often mean personal finances are directed towards communal needs.

But building wealth is possible.

The journey begins with financial literacy and smart strategies. Start by creating a realistic budget—your roadmap to financial control. Automate your savings to build consistency; platforms like e-Barcs MFB make it effortless to create emergency funds or plan for future investments. No amount is too small; the key is to start.

Be it for a new asset, rent, new home, holiday,car, child education, new business, etc. etc, e-Barcs MFB offers a robust and secure and specialized target savings products with good interests to achieve to cater for your future needs via a savings plan. We can also support you where you have shortfall in the target savings.

It is wise to have an e-Barcs Combo regular account.

The e-Barcs Regular Savings Account is designed to help you build a savings culture — no matter how small. Whether it’s₦500 or ₦1,000 daily, you can save at your own pace.

Click the link below to download our mobile app and Open an e-Barcs Regular savings account

Android :https://bit.ly/4eb5PFq

Iphone: https://bit.ly/4nwROqb

Android :https://bit.ly/4eb5PFq

Iphone: https://bit.ly/4nwROqb

Call: 07074770560 | Visit: www.e-barcsmfb.com to get started.

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