#Investing #Piggyvest #Saving
Have you ever wondered what would happen if you invested N1,000 every day for a certain number of years? How much money would you have in the bank? How much interest or passive income would that money generate for you? In this video I talk about all that and how you can invest your way to a good amount of money in 20 years every day.
By saving and investing daily you're not only developing good money habits but you're also gradually building your wealth so you can have a bit more financial stability later in life. With apps like Cowrywise and Piggyvest you can have any amount transferred into your wallet and invested at intervals for a fixed or indefinite period at a given interest rate. For example, saving with Piggyvest's Flex Naira gives you an annual return of 10% while Piggyvest's Safelock offers and interest rate of 13%. Saving with these tools regularly and for an long period of time could compound your money annually and lead to some good profits.
Compound interest is the element that's responsible for accelerated growth of money that is saved or invested and compounded. Dictionary.com defines compound interest as interest that is added not only to the principal of a loan or savings account but also to the interest already added to the loan or account; interest paid on interest.
One thousand Naira (N1,000) is a good amount to start investing daily with because to some people that's the cost of a beverage or a meal. If you could forgo that for a couple of decades you could swiftly save your way to a substantial nest egg.
Watch my video on "How To Register on Piggyvest": [ Ссылка ]
When you register on Piggyvest use my referral code and get one thousand Naira free of charge from Piggyvest: [ Ссылка ]
Savings calculator used in the video: [ Ссылка ]
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***MY REFERRAL CODES***
» Agro Partnerships: TIT3624 (www.agropartnerships.co)
» Bamboo: [ Ссылка ]...
» Piggyvest: [ Ссылка ]...
» Rise Vest: 75HVBVJO (www.rise.capital)
» Trove: CSMEBL ([ Ссылка ])
» Go Money: C71062 ([ Ссылка ])
» Cowrywise: EniolUTD ([ Ссылка ])
» Thrive Agric: thr-tit957c47 (www.thriveagric.com)
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***VIDEOS I RECOMMEND***
» HOW TO INVEST IN AGRICULTURE: [ Ссылка ]
» WHAT ARE EUROBONDS: [ Ссылка ]
» WHAT IS A MONEY MARKET MUTUAL FUND: [ Ссылка ]
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***DISCLAIMERS***
This content is for education and entertainment purposes only. Eniola Tito does not provide investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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What happens if you invest N1,000 every day 💰
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