Why I Stopped Using Kolo to Save Money (Nigerian Finance Reality Check)

I used to save ₦500 daily in my Kolo (traditional clay savings pot), but I kept breaking it for snack money. In this video, I'm sharing my 3 biggest money mistakes as a Nigerian and how I'm finally fixing them using apps like Piggyvest.

🎯 TIMESTAMPS:
0:00 - My Money Wake-Up Call.
0:37 - Mistake #1: Inconsistent Saving (Kolo Problems).
1:13 - Mistake #2: Not Investing Sooner.
1:48 - Mistake #3: Impulse Spending Addiction.
2:10 - How I'm Fixing Everything Now.

💰 WHAT YOU'LL LEARN:
Why traditional savings methods like Kolo didn't work for me.
How to start investing in Nigeria even with ₦5000.
Apps I'm using: Piggyvest, Cowrywise, Bamboo, Trove.
Apps researching on for Stock Market: Cowrywise, Bamboo, Trove.
How to stop impulse spending and build better money habits.

📌 ABOUT KOLO:
Kolo is a traditional Nigerian clay-molded savings pot with a slot on top for money. The only way to access your savings is to break it - but as I learned, that's easier said than done when you need snack money!

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My name is Maryam and I'm documenting my journey on growth, lifestyle and to financial freedom. If you're also trying to get better with money, subscribe and let's figure this out together 💜
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⚠️ DISCLAIMER: The information on this channel is for educational purposes only. Always do your own research before using any financial app or making investment decisions.

#piggyvest #savingmoney #personalfinance #moneytips #financialliteracy #kolosavings #investingforbeginners #moneymanagement