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Is Forex A Worth-While Investment For The Average Nigerian?

If you live in Nigeria and you actively use social media, odds are on that you have probably heard the term ‘Forex’ being used around a lot, from shady people hitting you up promising that they will give you an 100% returns on your investment if you invest in Forex through them to someone on social media bragging about how they made millions off investing in Forex. Forex is one of those terms that seems to be shrouded in mystery, the average person knows the word Forex but would be hard pressed to come up with a suitable explanation for it or how it works. Overtime an even more pressing question has appeared, Is Forex another word synonymous with scam like MMM? Should I be investing my hard-earned money into Forex? Today, we’d be breaking down for you how exactly Forex works. First things first, what Is Forex? Let’s give you a quick analogy on how Forex works, Say you leave Nigeria and go to Dubai for a vacation, when you get to Dubai, you are obviously not...

Maximizing Social Media For Business Growth: A brief summary of our virtual session with Mr. Ogunde Bolu

It is no big news that the internet has widely gained adoption over the last few years, a sizeable number of people in the country now have access to a smart phone and the internet, even kids do these days and with every passing day, the number of people joining the throng increases. So what does this mean for business owners? It means you have a very potent tool at your fingertips to reach your prospective customers, seeing as millions of people are on the internet, odds are on that no matter what your service/product is, there is someone on the internet who needs what you have to offer. Thanks to the advent and immense popularity of social media platforms like Instagram, Facebook, Twitter, and WhatsApp. With just a couple of swipes and keyboard clicks, you now have the platform to talk to thousands of people, gone are the days when you had to pay exorbitant fees at media houses to showcase your business/brand to the world. These days the only fee you need to be payi...

Meet Our Customer Of The Month: For July (Olumide Adegbuyi)

CUSTOMER OF THE MONTH! 🎉💃 Mr Olumide Adegbuyi @legend_enterprise who has been smashing his money goals with ease ever since he started saving with the F&K Mobile app. Now he has executed a capital project and improved his lifestyle because he chose to be intentional about planning his finances and he started saving using our platform. Be like Olumide too and start planning towards your goals and the life you deserve. #GetTheFandKMobileApp #StartSavingNow #NotTooYoungToSave #NotTooYoungToInvest #FinancialFreedom #FandKSavings

Financial Planning: Effective Antibiotic for your psychological health by Oyedamola Taiwo

Depression is a rampant epidemic that has established its root in our society unnoticed. We have heard of suicidal attempts and eventual executions. Many have been in a bad mood at one point or another and were able to walk through it because they found a solution, that’s the lucky group! We have some other set of people who relished in their horrible conditions till it aggravated into a mental disorder that ultimately suggests the suicide option. There are many causes of depression but all are primarily linked to a need-gap left unfilled; the need for self-actualization, the need for success, love, acceptance and so many others. Needs-met is a result of resource availability. Resources can range from people, to location, material things, information and money. Yes, Money! Let’s talk about Money. Whether we like to accept it or not, money provides access to many things that we aspire for. In economics, we describe money as a transaction facilitator. Life is a transaction, we exc...

Our customer of the month for June 2019

Meet our customer of the month for June 2019, Miss Olutayo Oluwadarasimi, who just recently finished her stint as a corper. Her great short story is that she set a financial goal for herself at the start of her service year and with our platform she was able to smash her goal upon ending her service year and get industrial instruments for her business. In case you are still wondering on how you can smash those money goals of yours, go get our app on playstore and start saving towards them, we have features designed to help you stay disciplined and smash those money goals with ease.

Meet our customer of the month for the month of may - Famoofo Seyi.

Don't just take our word for it when we tell you that saving with us makes hitting your finance goals really easy. Meet our customer of the month for May, Mrs Famoofo Seyi, an entrepreneur based in Ibadan who has found staying focused on her finance goals much easier since she started using our mobile app, in her own words she has been able to save towards particular goals and smash them without stress and her business and financial lifestyle have greatly improved as a result. Be like Famoofo Seyi and join the ranks of those who save smart and better with F&K Savings, you too will find smashing your money goals not stressful at all. Thank you, Mrs Famoofo Seyi for being such an amazing customer

How to detect ponzi schemes, a piece by Olamide Oseni

Borrowing from Peter to pay Paul is literally one of the oldest fraud tricks in the book, and it’s alarming that people still fall prey to schemes such as this especially in the wake of one such dubious schemes that has invested participants looming on the precipice of disaster. These schemes are no new trend in the Nigerian environment but it’s still alarming how people fall for them, it would have been funny if it wasn’t a matter of such serious concern, space a couple of years between these things and the story remains the same, people rush, invest their money and inevitably a sizeable number of them got swindled. The term ‘ponzi’ can be traced back to US Italian immigrant, Carlo Charles Ponzi who pulled off one of the biggest investment scams in history that had people losing as much as millions of dollars, and this was as far back as the 1920’s. Following the pattern laid back by the progenitor of such scams, Ponzi/pyramid schemes promise an unusually high returns...

The 80/20 rule: Apply it to your finances and change your life, by Olamide Oseni.

A couple of hundred years back, an Italian economist by the name of Vilfredo Pareto discovered something really really interesting that was going to change how we understand the world. He discovered that he could measure the relationship between cause and effect precisely in mathematical terms (80/20). I know that probably sounds a bit mystifying and confusing, it was for me too, so to break it down further what he discovered was that 80% of results come from 20% of efforts. You are probably as shocked about this and if you are honest a bit doubting too. What this means for you is that: - 80% of the money you make comes from 20% of the time and effort you put in. - 80% of your products are the ones bringing in 20% of the money you make. - 80% of your customers bring in 20% of your income. And it also applies to everyday life too: - 80% of the world's wealth is in the hands of around 20% of the world's population. You probably wear 20% of your clothes 80% of the ...

Financial leadership (leadership with a difference) Oyedamola Taiwo

Financial Leadership. Drop the shoulder pad fueled by your proficiency in people management and renege on your ego boost from having your activities in perfect order. It is now a recurring trend for young people to pronounce the effectiveness of their leadership skill at any chance they get. A good number have backed up their claim by directing a number of people to achieve a specific goal. This is good display of leadership, however, being a leader doesn’t start with influencing people. Before you can achieve a balanced and successful leadership character, you have to learn to lead yourself. Your ability to influence every aspect of your life in the right way defines the extent to which you can consistently lead others. We have leaders who have succeeded in coordinating people but their personal finance has been marched in a mash. Being a leader requires you to be intentional, coordinated, visionary and active. Many people apply this in their work place, community projec...
Meet our customer of the week. This week, we feature miss Olaleye Adebimpe, a Civil servant from Ibadan, Oyo state, Nigeria. In her Words " My name is Adebimpe Olaleye. I got to know about F&K savings through my friend, and I decided to save with this platform because I trust the referee and I know it's necessary and important to save. I was glad and surprised when I requested for the money I saved and I got additional money as interest, which can't be gotten if saved in the bank. This saving platform has helped me to be more disciplined in saving and spend less on unnecessary things. Investment is the next Goal, I love the brand. Fb@ Adebimpe Tosin Olaleye Instagram: www.instagram.com/theladyadebimpe You too can be Like Adebimpe. Savings and investment are key. Secure yourself and your business against financial storms. Call us or send us a message to start saving: 08180997078 08092816959. You could also tweet at us @fandksavings1

DEAR VALUED USER

  A Quick reminder of your importance to our brand, and a special thanks to you for your trust and support. Gradually we are growing with your help and support, from January till now we have had about 300 million naira in savings, and over 150 million naira in investment (from our online section alone), our offline section started in july 2017, and we are growing rapidly and preaching strict savings and investment to everyone. These are only possible because you believe in us. We are going to roll out more exciting features that guarantees you financial freedom in the coming months, we are sure these features will make you love this brand more, and we will keep updating you on our progress. Invite your friends and families to join you on this amazing journey, and you can get referral bonuses on savings and investment, talk about another stream of income? Kind Regards.

You need to read this financial masterpiece (By Oyedamola Taiwo) For F&K Savings

In this masterpiece, Oyedamola Taiwo emphasizes the importance of investment. Save but take it a step further. The traditional believe about thrift spending involves continuous separation of a specified amount of money to a “no spending zone”. This is backed up with the assurance of a wealthy-happy ending. But the question I ask is, “why do we have to wait till the end to be wealthy, why can’t I have money today and also in the future has it tends towards the end”.  I have watched people linger in the cycle of self denial to gather funds to spend on something big and to resume self denial for the next big achievement. For how long in a life time will the time lag of waiting earn you a place among the wealthy? A young person starting out to take responsibilities adhering strictly to the saving culture will have to indeed wait for the wealthy happy ending. I am not in any way discrediting saving, I just wish to introduce an uncommon twist to discourse. In the array of paths t...

The Law of Demand and Supply For wealth making (Oyedamola Taiwo) For F&K Savings

The Law of Demand and Supply For wealth making. Next to the introduction of economics as a course is the exposition to how the demand and supply rules and moves an average economic system. I am definitely not here to bore you with economics jargon, I want to tilt your mind in a direction it has probably scarcely explored. This is how it works in the goods market; there is a producer on one side trying to make profit by offering a good/service and on the flip side of the coin is the consumer willingly looking for a product to feed his/her satisfaction in exchange for value. The two parties will have to meet and bargain. Before the transaction can be sealed, the basic requirements of the two parties must be met i.e, the producer must earn profit and the consumer satisfied with the product. Now, you have gotten the basic gist, let me exercise your imagination just a little bit. You want money right? I do too! Now, there is an imaginary money land with producers willing to give ou...

Meet our customer of the week

Meet our customer of the week. This week, we feature miss Damilola Ogunlola, a postgraduate student at the University of Ibadan. In her words: "I heard about F&K savings through a friend (Sarah Owolabi) who I opened up to on how bad I am at savings. I wanted a change of story with a company I can trust. With F&K, I have learned to attend to my needs first and my wants later (if necessary). Thank You F&K savings, you made savings easy for me. Financially, I have been able to meet important targets. Surely, with f&k savings, a more secure financial future awaits. IG: www.instagram.com/official_Dami_ogunlola You too can be like Damilola, secure yourself and your business against financial storms. Call us or send a message to start saving: 08092816959 08180997078

How To Use The F&K Savings App(Tutorial)

 1.   Go to google play store. 2. Search for “F&K Savings” in the search box provided. 3. Download the app and install it. 4. Open the App.           5. Sign up or Log in.     6. Welcome to your dashboard. 7. Go to your Menu. 8. Click on “Plan” to create a plan. NOTE: You can create as many plans as possible to fit your entire savings goal. 9. Go back to your “Menu” and click “Save” to save into the plan(s) you’ve created. 10. When the plan duration expires,click on "Withdraw " from your dashboard to withdraw your savings to your set bank account. 11. You can also save any time by using the “QUICKSAVE” option from your dashboard. Kindly use the "Contact Us" on your dashboard for  inquiries.  

Meet our Customer of the week.

Meet our customer of the week : Mrs. Ibukun Samuel, from Ilorin, Kwara state, Nigeria. In her words: " I heard about f&k savings through my sister. I opened the account because I needed a safe and strict place to save my money,  so I chose F&K savings. It was a great experience and I am still enjoying it, I saved for a purpose and I was able to achieve it. F&K savings (through their business consultancy) also helped me to rebrand and repackage my business which gave me more patronage in the past year. I am a cake baker (yummy cakes and confectioneries). More thanks to F&K savings." You too can be like ibukun Samuel: and enjoy the benefits of strict savings and diligent investment. Our business/financial consultants also helps to make sure you put your finances to good use. Secure yourself and your business against financial storms. Call or message us to start: 08092816959 08180997078.

WAVE POVERTY TO EXTINCTION (By Oyedamola Taiwo) For F&K Savings.

WAVE POVERTY TO EXTINCTION Sit, let's have a round table discussion. There are billions of people in the world; each have one thing in common, the desire to live a better life. The desire, however, is not strong enough to shield over 700 million people from poverty. Desire is cheap as much as talk is cheap. A desire not sponsored by action is as good as no desire at all. Wealth making is closely attached to value exchange. A value exchange requires communication. The quality of the process of communicating value determines the extent of wealth you get in exchange for your value. Have you sat to ponder on the reason for the difference in the amount paid for the exact same service rendered in two different places? Well, I have, the fashion designer you crave for and the one down your street offer the same service but communicate it differently. You see a well packaged,photographed product on the social media and love it, let the same product be sold by a guy down the street i...

HAPPY NEW YEAR

Dear esteemed Customers. 2019 is here. Happy new year. This year, we must all plan well and diligently. Personally, we must work towards being a better person, and also securing our financial future in the process. To make 2019 a fruitful one for our users, we are determined to make our services more accessible, easy to use, and rewarding. In 2019, we are rolling out new features, most notable of them is the *Collabo save*: a feature that allows you to bring families and friends together and save towards a personal or collective goal, simply put, a savings common pot. It is also important to take good advantage of our investment opportunities which gives you up to 20% interest per annum (juicy). These and many more we have for you during the course of the year. Overall, we are determined to make 2019 successful for you all. It's only right that you all key yourselves into this amazing opportunity, create your account, save consistently and diligently, invest wisely, ...

KEEP YOUR POCKETS FILLED: By Oyedamola Taiwo (For F&K Savings)

KEEP YOUR POCKETS FILLED : Tie the Savings Chains. Empty pockets lie tongues out in east and west direction. I shook out my bag rigorously hoping a penny will drop to save the day. I searched every corner dutifully to check if I carelessly tossed a kobo in the time of plenty to hidden corners. Fast enough my reality dawned on me and I pronounced myself officially broke. Flashback to two weeks ago I had hefty load on to my account from my shared hustle. It felt good, i had more than enough. With much euphoria I spent more than enough, every item posed as a possible purchase, I suddenly felt responsible for everybody's well being. I lavished as the Don but not without a halt. A friend I regard insightful told me money had winds and should be tied down if it must stay. It didn't make so much sense to me until now. Immediately he said it, I checked my account and I couldn't just see the wings. From one transfer to the other, day in day out till I could feel the sound of th...

Joining F&K savings is like a gym membership.

Joining F&K savings is like a gym membership. Some sign up and do nothing. Some Sign up and change everything. It is not up to the gym It is up to you. F&K savings Get it on Google play