F&K Savings

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

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...

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.

Having money does not equate to being rich, when it comes down to it, it all depends on how you manage what you have and what uses you put your money to, and irrespective of whether you are currently living paycheck to paycheck or you are well off, there are some essential money goals you should always have and make an habit of, the habits of the wealthy as they are popularly called: - Living Debt Free: It’s so easy to get mired in the vicious cycle of debts, most times people incur a debt just to pay off another debt somewhere else and the habit of being always in debt is one that eats deeply not only into finances but also into one’s state of mind, for one trapped in debts, getting out of it might seem an incredibly daunting task but it is one that should be made a priority, to get out of debts, it is best to set specific goals. - Save for emergencies: No one prays for having to deal with an emergency but sometimes these things happen and you should always make sure you are a...

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

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...

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 ...