A bad investment takes your money loudly.
Inflation takes it politely.
No alert. No warning. Your balance stays the same while what it can buy gets smaller.
A thread on the quiet one β
Xend puts both jobs in one app.
Savings for money you need soon.
Money Market Fund for money you'll want in months.
Equity Income Fund, a dividend-paying fund, for money you can leave longer.
Both funds are managed by AXA Finance and regulated by SEC Nigeria.
Inflation will keep taking its cut quietly.
You still decide where the rest of your money sits.
Pick a number.
Split it between now and later.
Set it up on Xend.
xend.africa/
If you live paycheck to paycheck, or money runs out before the next payday or cash out:
Open this thread β
3/
Two things change the month.
One, the money leaves the spending account the day it lands. Two, it sits somewhere and earns while it waits.
Saving without earning is only half the decision.
1
2
78
4/
That is what Xend is for.
Fund your naira virtual account. Move your percentage into the Money Market Fund, managed by AXA Finance and regulated by SEC Nigeria.
Do it the day salary lands. That way, money always meets money.
xend.africa/
2
75
Salary landed. Billionaire mode on ππ―
Billionaires pay themselves first.
Open Xend, park a percentage in the Money Market, then go and enjoy your weekend.
xend.africa/
Your mum never missed her Ajo payment.
But your savings plan dies by the middle of every month.
Her secret was a system, and you can copy it this payday π§΅
One good payday is easy. The hard one is month four, when nothing feels exciting.
Ajo works because the collector shows up every month, mood or no mood.
So make your own collector.
Set a phone reminder for payday morning. Same day, same amount, every time.
1
1
90
On Xend, it takes a few minutes:
Fund your wallet through your Naira virtual account.
Pick the Money Market Fund. Confirm.
Your own Ajo.
Except this one earns while it waits.
xend.africa/
1
84