Why You Should Open a High Interest Savings Account now.
when you save, save with financial institutions that will give you high interest.
Must of our bank pay little or nothing as interest, so saving with them is not advisable because their will be no good interest for you.
But there is a way out if you must save and enjoy high interest. What to do to enjoy high interest, is to pick insurance policy with any insurance company. You will enjoy 50% – 100% interest depending on the duration of the policy you have with them
To enjoy high interest saving, you can also join piggyvest
Piggyvest is online saving and investment company, which is managed by uba. They pay 15%-20% as an interest when you save with with them.
You can as well save some cash when you buy airtime, data, subscribe to your TV channels and pay bill using rechargeandgetpaid platform.
why you should open high interest savings
These are why you should open high interest savings account.
Before jumping to the list you as well consider reading, 18 Steps to make your way to financial freedom.
- The interest will be used to cater for your needs, while your main money is intact.
- It can be used as investment, since it gives you enough interest
- It is better than leaving your money in bank where you get little or no interest.
- It will help you to plan financially for future proget
- It a way of your money working for you
- It will help you to achieve more with your savings
7.High interest savings encourages you to save More.
- You can borrow from law interest, and save with high interest.
- It will make you to achieve your financial freedom in low
- It reduced pressure on your earnings
There money other benefits of high interest savings
account, but I think these ten would be enough for you.
Where can I open high interest savings account
I can suggest only two
- Get insurance policy
There are many insurance company in the country, you can search for them and open a policy with any of them. But before then know their term and conditions.
Some bank also run insurance policy and they are also good to have a policy with them for savings.
- Sign up with piggyvest, confirm you email, upload you BVN, , start saving with them, and enjoy their high interest rate.
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