Do you transfer money to Nigeria on a regular basis? Do you wish you could send more money to your friends and family in Nigeria? Then, you need to check out these money saving tips.
Stick to a Budget
If you want to save so you can transfer money to Nigeria, start by making a budget. Write down what you need to spend every month, and then, stick to it. Without a budget, you may accidentally spend more than you intend to.
Set up Automatic Transfers to a Savings Account
If you have a bank account, set up automatic transfers from your checking account to your savings account. There are a few different ways to do this. For instance, you can set up a transfer to happen once a week or once a month.
Alternatively, some banks let you “save the change”. Basically, every time you make a purchase, the bank rounds up to the nearest dollar amount and puts the extra change into your savings account. For instance, if you spend $4.37, your bank withdraws $5 from your account, and puts 63 cents into your savings account.
Buy a Water Bottle
When you are out and about during the day, you probably get thirsty. If you head to a coffee shop, a pub, or even a convenience store to buy a drink, that can get expensive. Instead of doing that, save those funds so you can transfer money to Nigeria. Just fill up your water bottle before leaving home so you don’t have to worry about getting thirsty.
Reduce Your Electricity Bill
If you implement a few energy saving measures, you can lower your electricity bill and transfer the savings to Nigeria. To save energy, make sure you shut off your computer or any other electronics before going to bed or leaving for the day. Also, turn down your heater or air conditioner when you aren’t using them.
Cancel Services You Don’t Use
Are you paying a monthly bill for internet or cable TV? Then, consider canceling those services and finding cheaper alternatives. For instance, if you don’t use the internet very often, you may be able to just rely on your mobile phone. Similarly, if you only watch cable TV once in awhile, you can probably cancel it.
Don’t Buy Brand Name Groceries
When you go to the grocery store, you probably see a lot of brand name products. These products may seem better because you’ve seen them advertised on TV or the internet. However, in most cases, there is a non-name brand generic substitute.
Non-name brand items taste almost exactly the same as their brand-name counterparts, and they are always cheaper. This same rule applies to medicine. You don’t have to buy the name brands—just look at the active ingredients to ensure you’re actually getting the same thing. The savings may be small at first, but they add up over time, and then, you can transfer money to Nigeria.
If you have questions about how to transfer money to Nigeria, contact us today. Otherwise, start the transfer online today. To make the process easier, download the Ping Express app.