I had a conversation with a friend recently, and what he said stuck with me:
“I admire you. You actually practice what you preach when it comes to investing. You’re bold with your money — unlike me. I’d rather leave mine in a savings account than risk losing it.”
This mindset is common.
Most people fear losing money so much that they’d rather settle for the illusion of safety in a savings account, even if it means slowly bleeding value.
But here’s the hard truth:
You are already investing, just not wisely.
Your Bank is Investing — Not You
When you leave your money in a savings account, the bank doesn’t just let it sit there.
They use your money to invest in ventures that generate high returns for them…
Then they give you crumbs.
Peanuts.
Table scraps.
In Nigeria today, the average interest rate on a savings account is about 9%.
Sounds decent? Let’s talk about inflation.
Inflation: The Silent Thief
Inflation in Nigeria is conservatively estimated at 30%. That means the cost of goods and services is rising three times faster than your savings are growing.
Here’s a simple breakdown:
Let’s say you save ₦100,000 in your bank account.
At the end of the year:
- Your bank adds 9% interest = ₦109,000
- But what used to cost ₦100,000 now costs ₦130,000
You “gained” ₦9,000, but in real value, you’re ₦21,000 short.
So, while your bank balance increased, your purchasing power decreased.
That’s not just standing still — that’s moving backward.
So, What’s the Smarter Option?
Here’s my simple personal finance rule:
Save at least 25% of your income and invest it intentionally.
Yes, investments carry risk.
But they also carry reward and far more valuable lessons than a savings account ever will.
Even when you fail, you gain real-world knowledge that prepares you to succeed in your next venture.
You went to school for 4–5 years and paid hundreds of thousands (or more) to earn a certificate and outdated theory.
Why not “pay” into a small business or investment that can actually teach you real-world skills, offer current insights, and make you money?
No Capital? No Problem.
Now, maybe you’re thinking:
“I get it. I should invest. But I don’t have capital to start anything.”
That’s exactly why I wrote my eBook:
No Capital? No Problem
In this guide, I show you how to start profitable ventures even if you have little to no money.
You’ll learn how to:
- Spot overlooked income opportunities
- Start small and grow smart
- Leverage skills, relationships, and free tools
- Build cash flow that beats inflation and boosts your confidence
Don’t wait till you have ₦1 million before you act.
Start where you are. Start smart.
Final Word
Your savings account might feel safe, but in a high-inflation economy, it’s quietly costing you your financial future.
Choose to act. Choose to grow.
Start by grabbing my eBook No Capital? No Problem and learn how to take the first bold steps toward smart investing even without money.
Let’s move from Zero to Kudi — together.