“Don’t act surprised when your salary disappears faster than network signal during rain.”
If that made you smile — or cringe — you’re not alone. The beginning of the month feels exciting… until money starts slipping through your fingers faster than you can say “POS no dey work.”
So, what’s the fix?
The truth is, your salary isn’t the problem — your money habits are.
Here’s how to make August different:
✅ 1. Start With a Budget
Break your income into categories:
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Needs (food, rent, transport)
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Wants (eating out, subscriptions)
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Savings or emergency fund
Use the 50/30/20 rule if you’re new to budgeting.
✅ 2. Track Every Naira
Use a simple notebook, Google Sheet, or budgeting app.
If you don’t track it, you’ll keep asking, “Where did my money go?”
Spoiler: It went with that impulse shawarma and last-minute data top-up.
✅ 3. Plan for 'Sapa Insurance'
Create a “buffer” account or wallet. Even ₦2,000 set aside can help you avoid borrowing for essentials by mid-month.
✅ 4. Use Tools Like PayCredit Wisely
Need a short-term boost? Use PayCredit to fill gaps — but have a repayment plan.
Smart borrowing is better than panicked borrowing.
✅ 5. Delay Big Purchases
Ask yourself:
Will I still want this in 48 hours?
Chances are, you won’t. Your money will thank you.
Final Thought:
August can be different — but only if you plan it.
Your salary deserves more than to disappear without explanation.
Make this month the start of better money habits.
From all of us at PayCredit, Happy New Month! Let’s make August financially smarter.
