Business & Economy
Money Talks: 5 Ways To Stretch Your Naira Further In Tight Times
The hustle is real, and sometimes, it feels like your hard-earned Naira just disappears faster than Usain Bolt! But fear not!
Here are 5 clever tricks to make your Naira work harder for you:
EDITOR’S PICKS
- BREAKING: Olusegun Alebiosu Appointed As Acting MD Of First Bank
- New Minimum Wage: NLC Proposes Sanctions For Defaulting Govs
- Soldiers’ Bodies Recovered After Clash With Suspected Bandits In Niger
-
Plan Your Shopping Like a General: Before hitting the market, make a list and stick to it. Impulse buys are the enemy of a tight budget. Plan your meals for the week and only buy what you need. Leftovers can become tasty new creations, saving you even more!
-
Befriend the Local Market: Forget fancy supermarkets with inflated prices. Supermarkets might be convenient, but local markets often offer fresher produce at a fraction of the cost. Haggling (respectfully) is perfectly acceptable, and you can even find hidden gems like seasonal fruits and vegetables.
-
Embrace “Second Hand” with Confidence: Don’t shy away from “okrika” (used clothing) stores. You can find amazing clothes, furniture, and even electronics in great condition, all at a fraction of the price of brand new items. Be a smart shopper and find hidden treasures!
-
DIY is Your New Best Friend: Instead of rushing out for minor repairs or cleaning services, explore the world of DIY (Do It Yourself)! Learn simple fixes, clean your own house, and save that money for things you truly need. YouTube tutorials are your best friend for learning new skills.
-
Cook at Home, Save Big Time: Eating out is a budget killer. Rediscover the joy of cooking at home. It’s healthier, tastier, and way cheaper. Prepare meals in advance for the week and portion them out for easy grab-and-go lunches. Leftovers are your friend!
FURTHER READING
Bonus Tip: Embrace the Sharing Economy: Need a car for a weekend trip? Don’t rent one! Explore carpooling services or ride-sharing apps. Sharing resources with others saves money for everyone involved.
By implementing these simple tips, you’ll be surprised at how much further you can stretch your Naira. Remember, a little planning and resourcefulness go a long way in these times!
Click to watch our video of the week
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611