FIRST BANK OF NIGERIA GROUP MANAGING DIRECTOR, ORESANYA SPEAKS ON THE TEN VITAL LAWS OF SAVING YOUR MONEY EFFECTIVELY

Group Managing Director/Chief Executive Officer (GMD/CEO)

Stephen Olabisi Onasanya has over 23 years post qualification experience and until his appointment as GMD/CEO was Executive Director, Banking Operations & Services. Prior to joining the Board of FirstBank he was the Managing Director/Chief Executive Officer of First Pension Custodian Nigeria Limited, a wholly-owned subsidiary of First Bank of Nigeria Plc. recently he gave tips on effective saving.

 

ORESANYA’S SAVINGS TIPS

·        *  Learn to manage money with total control of your life, for it is only the money you save that may save you at your later days

·         *To manage your money effectively, you must know the very source of each and every single income and guide how you spend it

·       * To win big in art of money savings, you must spend less than you earn

·          *A wise man that want to learn to save his money, must always at al time have a current and savings account, and never ever dare to spend all the money in your accounts

·        * You must know all you earn from all business you embark on or for any job you are into

·         *You can never be a good saver of money if you lack attention to detail as regards how you spend your money

·         *Keep records of all your money deposited, and never totally bank on statement from banks, learn to compare your record and that of your bank and at the end of every month you must Endeavor to compare notes

·        * Save save and save till you are used to the art of saving anything that comes your way before yo spend it, so you can be addicted to the art of savings

·         *You must not be  afraid or shy  to talk about your savings or money literacy, for  talking about your money in life is as important as talking or taking care of your health or similar vital aspect of life, it must be a way of life and must be faced with all meticulous attention