WELCOME BACK!
I am going to try as much as possible to hit the nail on the head in this blog and i need you to follow me closely. Before i proceed, let me quickly introduce myself to you.
My name is Billy Enabulele. I am a graduate of Computer Science from the University of Benin, 2008. A father of three children with a lovely wife. And, I am a Financial Adviser from a very reputable company in Nigeria.
It is no longer news that, the secret of wealthy man is SAVINGS and INVESTMENT. That is why, whenever you receive your monthly salary, before you take out of it to pay the market woman for food stuff, pay your dry-cleaner, pay your mechanic, pay the fuel attendant in the petrol station, pay your hair-saloonist etc, the first person you need to pay is YOURSELF.
Thus, these little savings that you are building up for yourself on a piece-meal accumulates to becoming the THOUSANDS and MILLIONS needed to accomplish a specific project of yours.
In the company that i represent, we have a YEARLY SAVINGS-PLAN that is designed for this very purpose to fulfilling that project you have in mind. I shall dwell more on this much later but first, let us look at the kind of savings that some people are used to.
BANK SAVNGS:
Of a truth, we all cannot do without having a bank account because it is very unsafe to keep money in our homes. But, bear it in mind that Bank Savings is a NON-DISCIPLINED form of savings because it encourages EARLY WITHDRAWAL or what i call WITHDRAWAL AT FREE-WILL. This is because you have easy , direct and 100% access to your money which you saved in your bank account. You can withdraw it any day and anytime with your ATM card.
That is why, you can walk into your bank to deposit N100,000 with the intention to leave it there for an important project in mind, only to see yourself withdrawing it the following day due to one reason or the other.
Don't get me wrong here please, what i am saying is that you should operate a bank account but let that bank account be operated like your traditional PURSE or WALLET which you keep some money to service your day to day expenditures. While on the other hand, you should have a DISCIPLINED form of savings somewhere, where you can save money that you don't want to touch and leave it there for at least one year before you finally withdraw it to meet up with an important project that you have been nurturing in your mind.
THE DISCIPLINED SAVING'S PLAN
The name of the company i represent is CUSTODIAN LIFE ASSURANCE COMPANY. It is a LIFE and NON-LIFE Policy underwriter with over 20 years experience licensed by both National Insurance Commision (NAICOM) and National Pension Commission(PENCOM) to also provide the services of Life-Annuity Pension to all Retirees from Federal Government Establishments all over Nigeria.
We operate a yearly savings plan that pays you 4% monthly interest on your savings, plus an additional life cover bonus should in case of demise of the policyholder, subject to a maximum of N250,000.
In this plan, you save certain amount of money consistently for one year (12 Months). After which, at maturity, you get back all your capital with the accrued interest (which the banks cannot guarantee you).
In summary, it is a plan of SAVINGS + INVESTMENTS + SECURITY.
The chart below can explain it further:
MONTHLY SAVINGS MONTHLY INTEREST MONTHLY ACCOUNT BALANCE
N20,000 N800 N20,800
N30,000 N1,200 N31,200
N40,000 N1,600 N41,600
N50,000 N2,000 N52,000
N100,000 N4,000 N104,000
OTHER BENEFITS:
(A) Tax relief on total annual contribution.
(b) It can be pledged as collateral to obtain loan.
DON'T YOU THINK THIS DISCIPLINED FORM OF SAVINGS IS BEST FOR YOU TO GETTING THAT YOUR DREAMED PROJECT DONE?
YOU HAVE GOT NOTHING TO LOOSE BUT EVERYTHING TO GAIN.
NOW, CALL ME ON 08034502489 TO START THIS SAVINGS PLAN TODAY.
Your friend
BILLY ENABULELE
Financial Adviser(08034502489).
