Let’s be honest for a sec:
We all want to have money. But when it comes to actually saving or investing that money?
It’s giving: “God abeg.”
- You say “this month will be different.”
- You plan to be disciplined.
- You even download Myinvestar app.
But somehow, suya, data, and delivery fee always find a way to drag you back to zero.
So, we asked:
What’s the hardest part about saving and investing? And here’s what we found.
1. “I Don’t Earn Enough to Start, Let Me Breathe, Abeg”
This one comes up a lot. And everyone’s out here telling you to “invest in your future.”
You’re like, “Ma, I’m just trying to survive Danfo fare. Many people believe you need six figures before you can start saving or investing. But the truth? It’s not about how much, it’s about how often.
Even if you earn ₦50k monthly, saving ₦5k consistently can stack up over time, especially with tools that offer compound returns.
Pro Tip: Start small. Use platforms like MyInvestar to automate your savings into a Star Account or MMF (Money Market fund) and grow steadily.
2. “I Don’t Have Discipline… And I’m Not Ashamed”
For some, the money is there, but the self-control is missing. You see that fine wristwatch, fine two-pcs on IG Or your friend says, “Let’s go out small”, next thing your savings is gone.
This is where automation becomes your best friend, you’re not unserious, you just need automation. Let the app remove the money for you before temptation sets in.
Pro Tip: Set it and forget it. Automate your transfers into a Goal Account on MyInvestar app. Out of sight, out of reach, out of spend, and growing quietly.
3. “I Don’t Even Understand These Investment Things”
Fear of the unknown holds a lot of people back. What’s a money market fund? How do mutual funds work? Is it safe?
We feel you. That’s why platforms like MyInvestar break investing down into bite-sized, understandable parts, no finance degree needed. It is built for people who don’t like stress. Tap, invest, rest.
Pro Tip: Start with low-risk options like a Vault Account (which currently earns up to 19.5% p.a.) or money market fund (which currently earns up to 23% p.a.) and grow from there.
4. “I Just Can’t Say No to Enjoyment”
Sometimes the enemy of your savings plan is not spiritual — it’s vibes. You genuinely planned to save this month… until your friend dropped a “Let’s just have a small dinner” message. Next thing, you are posting “we outside” again while splitting a ₦300k bill on milkshake, and platter
We’re not saying don’t enjoy life, just enjoy it with a plan. Save for your future, then budget for your vibes fund. The two can co-exist, we promise.
Pro Tip: Allocate a percentage of your income to fun money and the rest to real goals. You can still be a baddie and budget.
5. “I Don’t Want to Carry Last or Be Scammed”
You’re not alone. Many Nigerians fear investing because of past stories, MMM, fake forex schemes, Cbex or random “doublers.” So, you are like I’d rather just keep it in my account.”
Pro Tip: Not every investment is a trap. And with trusted platforms that are SEC regulated (Securities and exchange commission) like Myinvestar, you can invest confidently.
So… What’s Your Hardest Part?
Whether it’s discipline, confusion, or enjoyment pressure, just know you’re not alone. Saving and investing is not about perfection, it’s about consistency, planning, and the right tools. We all have our challenges, but the key is to find what works for you and stick to it.
Ready to make saving and investing easier?
With flexible account types, automated plans, and zero judgement, MyInvestar helps you take control of your money, one goal at a time all in one place.
Download the MyInvestar app now on the Play Store or App Store and make your money make sense.
