SAVINGS: WEEKLY CONTRIBUTIONS OR BANK SAVINGS, WHICH DO YOU PREFER?

in LeoFinance2 months ago

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Saving up in the bank and daily contributions which do you prefer?

I had love saving in the bank when I was single because I don't go close to my savings, I use the little in my hand and whatever I produce within to week to meet my needs but now as a married lady I prefer weekly contributions and this have help me discipline myself enough to understand the times and seasons and to work extra hard for everything.

Saving up for raining days is paramount and is what I love doing because I know there are days you need urgent cash to help settle some issues and there are other day you will have enough.

I join contribution through the help of my mum so I can save up rather than keep it in the bank and have no profit in it and I can easily remove it through the use of ATM and Mobile transfer so I don't prefer bank, I will join this contributions to help me save up and get a valuable thing at the end to show I did something in the end of the year.
Last year, my mum advised me to join this contributions and I did and the first thing I got through it was a mobile phone which I am using today. Ending last year I planned getting some house equipment for the home and we decided to start a huge amount of contributions and right now we are on it and I am sure at the end the amount will be worth it.

I have also seen people who save up in the bank will be deducting small small till everything finishes.
In this weekly contributions one is discipline not to spend too much and also to work hard so have to meet up daily.

In order to make up my daily contributions target, I have to work extra hard and it is rewarding. Hard work pays alot.

Reasons for choosing daily contributions is the fact that, there I can't easily access the money, I can hold on till a season period of time to get the money to meet a particular needs that is very important meanwhile in bank serving, through the use of ATM I can easily access my money and small small it will finish. I remember, I once open a bank account and I refused to collect 🏧 for it because I wanted it to be my saving account, boom one day I needed cash so I configure my mobile app in my phone and to my surprise till today, the way the money got finished in my account I can't account for it.

Save in the one that you will be able to discipline yourself enough to stay off it for a while. Savings is good so try ad save up cash.

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