❼ $0 to 5 Figures. The Popular Money Saving Tips that Are Working for Me

Kola
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I hope this video helps folks that want to make a difference but are trying to get their money game together first. This is what’s working for me. Enjoy! xo.

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There are so many of us that want to make a difference and help other people but we can’t!

We can’t do it because money gets in the way.

Hence, this blog post about popular saving tips that are working for me

The first thing I’ve done is to set a goal.

Specifically, I’ve set a certain 5 figure amount that I want to have in savings by the end of the year.

As of today, I am about 60% of the way to this goal. YAY.

So which money saving tips are working for me?

1. Food

I eat at home as much as possible.

It also doesn’t hurt that I’m married to an amazing chef whose cooking I actually prefer to any restaurant food anywhere.

2. Mint

My mint account has been – hands-down – the most valuable tool for me in terms of setting and achieving my financial goals.

Let me tell you something.

Every month, I put away the amount of money I have committed to saving and then I go the extra mile to put extra into savings. Why?

…because I want mint to tell me I’m ahead of schedule by xyz number of days. Lol.

3. Luxuries

The only luxury that I really allow myself is travel.

I feel incredibly thrilled to be able to travel and see this remarkable world we live in.

However, even with this luxury, I am frugal.

I never pay full price for plane tickets because I am always on the lookout for deals.

I don’t stay in fancy hotels because I’m more of an “off the beaten path” type of person.

And I know how to haggle like a champ because that’s how we roll in Nigeria.

Shoutout to Tejuoso market and Alade market!

4. Minimalism

On a related note, I live a generally minimalistic lifestyle.

In other words, I don’t buy things unless they have a very specific utility or purpose.

I also avoid buying things that other people have until I’m sure that I’m not just trying to keep up with the Joneses and Abubakars.

Of all four tips, this is probably the biggest money saver of all.

Question

  • Some people say you need money to make a difference. Do you agree with this?
  • What’s working for you with regard to saving your money?

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  • Some people say you need money to make a difference. Do you agree with this?
  • What’s working for you with regard to saving your money?

18 thoughts on “❼ $0 to 5 Figures. The Popular Money Saving Tips that Are Working for Me”

  1. I read this book in one day because I couldn’t put it down. Every page had something that made me laugh or cry or look at life differently. I felt encouraged by the time I finished this book to believe that even though life has it’s ups and downs there is a purpose for all things that happen to us. Go and get this book now!

  2. How evil of you?! Marrying a chef? That’s cheating!

    Lol I’m impressed you did this video. I’ve always wondered how you satisfy your travelling impulses without breaking the bank :)

    1. LOLL @ cheating. bahahaha. I literally bit my tongue from laughing at this comment! too funny!

      Glad the post was interesting to you! Feel free to let me know if there’s anything else you’re curious about. Always happy to share :)

      PS: you’re doing awesome with worship and swag

  3. Great tips Kola…and I like mint too..I have been using it to set my goals. And I love story story. It has literally inspired me to take on my quest to figure out how to make a difference…go girl!

    1. oh my gosh! YAY!! Thank you so much for sharing this Biola. I love what you’re doing with your blog and Dudu North. Love reading your stuff and it makes my day that you enjoyed Story Story :)
      And it’s awesome that you’re using mint too. Good stuff! ^_^

    1. I’m learning via osmosis LOL!

      Was intending to improve from my current proficiency but haven’t really made it a priority unfortunately

  5. Amazing chef passing by :)

    I think the most important key to saving for me, is to treat your savings like a bill or tithe. Once you get your paycheck, you immediately pay that ‘bill’. Yes, some folks do it automatically, but I like the conscious feeling of me paying myself :)

    1. Lol! @ amazing chef. I love that tip! And in fact, i think YOU are the one that should have done this video not me because you’re very smart with money

    1. Thanks for sharing this, Frances! I’ll be sure to check it out :) And big kudos to you for working on cutting out all that stuff – it’s good for the body and good for the pocket too. What’s not to love right? haha

  7. Hello Kola!

    This is a nice video about money. You really got me on the fourth one. Sometimes, I buy things I don’t really need. I tell myself, I don’t want to do it again but I do.

    I guess we all have a weakness. Thanks for the tip. This reminder might just be what I need daily.

    1. Hey Abraham! Thank you so much! Really glad the video was the kick in the butt you were looking for :) And you’re 100% spot on – we all definitely have our weaknesses

    1. YAY!!! Welcome Clarissa! Thank you so much for this comment! Makes me really happy that we found each other :)

  9. Lovely video Kola, I preach this everyday to my sister! Thanks for the lovely tips.

    1. Yay Queen! You’re so welcome. Thank YOU for leaving a comment and helping your sister ^_^

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