05/08/2026
Where you save your money is just as important as saving it.
Yesterday, one of my customers came to repair an old phone she had planned to replace. I was surprised because she had once told me she wouldn't spend another kobo on that phone again. Instead, she was saving to buy a new one.
So I asked, "What changed?"?
She sighed and told me something heartbreaking.
She had set a target of ₦250,000 for a new phone and had already saved ₦200,000. Unfortunately, the cash was kept in her house, and thieves stole it before she could reach her goal.
I genuinely felt sorry for her.
Her story also reminded me that saving money is not enough, you also need to save it wisely.
Today, there are safer ways to save. For example, if you use the OPay app, you'll find tools like "SAVE BOX , TARGET SAVINGS, and O WALLET". These features allow you to keep your money digitally instead of storing large amounts of cash at home.
What I particularly like is that you can set a savings goal and even enable automatic deductions on a daily, weekly, or monthly basis .The app moves the money for you until you reach your target, making it easier to stay disciplined while keeping your savings more secure.
No savings method is perfect, But compared to keeping hundreds of thousands of naira as cash in your house, digital savings can greatly reduce the risk of theft. All you need is to remember and keep your pin safe.
✍️Work hard for your money, but also protect it.
Have you ever used any digital savings feature like SaveBox, Target Savings, or O Wealth? I'd love to hear your experience in the comments.