Fundbae, the money app that helps you save, invest (for as short as 24 hours) and spend interest daily
A big part of financial freedom is having your mind free from worries of the financial commitments of life. Experience a financially free life where you can save (as little as N100), invest (for as short as a 24 hours), earn, and spend returns daily to take care of what’s important. The good news is…
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Easy Ways to Save Money during the Valentine Season
The most romantic day of the year is around the corner. There is no doubt that the ongoing pandemic has a severe effect on Valentine’s usual spirit. Some people plan to outdo themselves this year to make up for the stress of 2020 and the fact that they couldn’t see their loved ones for months…
Onyekachi Ezealigo
8 Steps To Live A Debt Free Life
Living a debt-free life is a common goal we all aspire to attain in our journey of life, but it’s no easy feat if you’re living paycheck to paycheck. One of the significant benefits of being a debt-free lifestyle allows you to achieve specific goals and makes it easier to save! How do you go…
4 Simple Ways Our Digital Bank (Fundbae) helps you to Pay Yourself
Whoop! Salary week is upon us, and it’s that time of the month where we all are expecting or have received our paycheck. Paying yourself first is one of the pillars of personal finance and considered the golden rule by many financial planners. The basic idea behind paying yourself first is simple to understand. By…
MPC REVIEW | NIGERIA | SEPTEMBER 2020
MPC opted for expansionary monetary policy as MPR declined to 12.5% from 13.5% Monetary Policy Committee (MPC) unanimously voted to loosen the Monetary Price Ratio (MPR) by 100bps to 12.5% and also adjusted the asymmetric corridor to +100/-700bps from +200/-500bps, while the committee left other parameters unchanged, including Liquidity Ratio at 30.00% and Credit Reserve…
Abiola AdekunlePortfolio diversification II – Correlation, a Tool in Asset Allocation
Sequel to our last article on portfolio diversification, which was an introduction to portfolio diversification. This week, we take it a step further as we look more in-depth into the math behind portfolio diversification, i.e., using correlation to achieve the objective of portfolio diversification which reduction of systematic risk. How to Check the Correlation between…
What if your Cheque Bounces?
One of the popular forms of collateral, lending companies demand from borrowers is a post-dated cheque. Post-dated cheques serve as one of the most popular forms of security to guarantee the risk of loan default. A post-dated cheque contains the total amount to be paid by the borrower; capital and accrued interest as well as…
Portfolio Diversification
Diversification can be neatly summed up as “don’t put all your eggs in one basket”, although this statement provides little guidance on the practical implication of the role diversification plays in an investor’s portfolio and offers no insight into how a diversified portfolio is actually created. The idea is that if one investment loses money,…