Wevvo Market place set up a webinar for the community themed “Let Your Money Work For You” on the 20th of March, 2022 which was a virtual event, Dorcas Thorpe, Head, Corporate Planning at LAPO Microfinance Bank, Nigeria who gave a detailed lecture on how to handle, save and make money.

WHAT DOES MONEY MEAN TO YOU?

• Money will make me free.
• Money helps provide comfort and stability.
• Money is a medium of exchange.
• Money gives me control.

Reconsider money and your relationship with it.

TAKE CONTROL OF YOUR FINANCES.

• Make a budget and stick to it.
• Track where your money goes to.
• Treat your savings as a compulsory expense.
• Automate your savings.
• Don’t try to save more than you actually can.
• Categorize your savings.

BUILD AND SUSTAIN WEALTH.

• Keep Investing, diversify your portfolio.
• Take calculated risks, learn to see opportunities.
• Be a little liquid, Learn to say no.
• Pension plans are necessary.
• Wills, Trusts and healthcare.

MAKING MORE MONEY.

• You have to be able to create and give value, Monetize your value and people will look for you.

Some financial tips  which include the following:

• Remember that money is a tool, use and manage it well.
• Categorize your savings and funds.
• Be willing to make more money.
• Diversify your investment portfolio.
• Leverage – It is the sure way to wealth creation.

These tips will help to improve your finances – Let your money work for you.