Finding it difficult to build a Savings Habit ? Then try this method ……
“What if you could build an automatic infrastructure that made all your accounts work together and automated your savings? “ says Ramit Sethi in his book “I WILL TEACH YOU TO BE RICH, NO Guilts, No Excuses ”
We all want to be rich, we all want to be happy, we all want all the best things life has to offer. I have researched the best ways to create a new stream of income for myself and I found out that, learning a skill and building lasting digital products are some of the best ways to accomplish this, however, we can’t all build products and we can’t always have the time to learn all the skills we need. Let me show you a new way to do the same old thing now and forever without ever doing anything new but getting better financial results than you have ever gotten.
I could actually do that by making a decision that I will passively act on. Like, we all know that “until you can make money passively, you can’t be financially free”.
I actually started creating a new way for myself by having a second source of income which is done passively through automated savings. Let me tell you a bit of what you need to know about why you need to have such savings account. Harv T. Eker in his book The Secret of the Millionaire’s Mind stated that “Rich people manage their money well while Poor people mismanage their money well”. This is why you must always try to save even if it’s just a fraction of your income, which will serve as a guide to making a money move.
Even in his book, The Millionaire Fastlane, MJ Demarco describes those with very small incomes as Sidewalkers “Sidewalkers work for modest salaries and possess all the toys to show for it, but have little savings and no retirement plan” in all that you do, don’t ever be a Sidewalker. That has never been the best way to live.
Let’s head on to my new method of creating a second source of income for myself via auto savings. Saving on every naira I spent has actually created a new source of residual income for me such that I now see it as expended investments! Guess this is a new word right and yes it’s actually a very new word I invented that while writing this article.
I started using myStash when I discovered how great the product is. I created my account on myStash.ng in October 2021 when it first started.
I then automated a savings strategy of 2% on every transaction I made and before the month-end, I passively saved about ₦6,800 and wow! This was indeed passive, to be honest, I now started imagining how much banks make off people by charging us transaction fees, it is really massive and even the amount we pay on VAT for using airtime, etc. myStash.ng is indeed a saving platform for everyone to explore ;
Register on myStash should be your next move:
1.Create an account via myStash.ng kindly use my referral code CVYJY
2. Download the App using this link
3. Link your bank via SMS or Mono
4. Make a Money Move by saving your first ₦50. Once these steps are done, you have just activated auto savings. Now some more exciting features of myStash are below:
1. Cash Reserve: You have a cash reserve where you store your cash manually. This doesn’t generate interest and can be withdrawn without any additional charges!
2. Pause Move: You can pause your money moves for 24 hours now if you are expecting a big payment that you don’t want to stash at all.
3. Interests: You get interests on your savings as follows
1. 3 Months — — → 5%
2. 6 Months — — — → 7%
3. 12 Months — — — → 9%
5. Privacy: myStash doesn’t store your personal data nor have access to them. The only data they have access to are as follows :
1. Basic registration details.
2. The name of the bank you link i.e Account Name and Account Number; They do not have access to your bank login used in generating the above. Read more.
3. The amount you have stashed.
Apart from the above, no information is stored in their database. Read Privacy Policy here.
6. Web & CustomerCare support: You have access to your account on the web and moreover you don’t need to log in daily to save; you only need to automate your savings on the go and things will fall in place for you. On the customer care support, they have the best customer Care Support so fast and respond to your complaints in less than 24 hours. You can mail your complaints to hi@mystash.ng or reach them on WhatsApp via 08131462292
7. Making your money move with speed !!!!!
