There are so many analogies that surround the notion of savings. Some say you should save; some say there is no need. Some say save until hurts, while some say if it hurts, then you are only punishing yourself. So confusing sometimes.
With the current hard times, marred with job losses, massive unemployment, and businesses struggling to remain afloat, the notion of savings sometimes becomes an illusion that needs more than a motivational speaker for the journey to kick off.
But saving for the future is necessary. Why? Because we do not know what will happen tomorrow. If we knew that, the whole world would be a better place at the moment. But we are in the dark, and, therefore we must prepare for the unknown tomorrow.
Just imagine waking up each day knowing you are one step closer to your dreams. Saving empowers you to envision a future where your aspirations take flight. Whether it’s traveling to exotic lands, starting your dream business, or buying a home that echoes your personality, saving fuels your dreams with tangible purpose.
Saving is not about deprivation; it’s about choice. It is not something you will just wake up and rush to start on. It is a process that takes you to understand at least four questions to succeed; Why do you want to save? Where do you want to save? When do you want to start saving? How do you want to save?
There is no doubt that life is unpredictable, but a robust savings nest offers a shield against unexpected storms. It provides a safety net, a buffer against the uncertainties that life may throw your way. Whether it’s a sudden medical emergency, a job transition, or a global crisis, your savings are your steadfast companions, ensuring you navigate turbulent waters with grace and confidence.
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What is more, there’s an undeniable thrill in being financially independent. It’s not just about having money; it’s about having control over your destiny. Saving liberates you from the chains of financial dependence, allowing you to make decisions based on your values and desires, not on monetary constraints.
The Questions Before You Start:
Ask yourself the following questions that I have already outlined before starting to save:
- Why do you want to save?
- Where do you want to put your savings?
- When do you want to start saving?
- How do you want to save?
Which Bank Fits The Four Above?
The above questions can be answered by one financial institution; Absa Bank Kenya, through their product; Absa Digital Savings Account.
Absa Digital Savings Account rewards you as you work towards your savings goals. The account earns you an interest rate of 9 percent per annum. An interesting thing about it is that it is exclusively available on Absa Bank’s digital platform and is accessible through its website.
How Do You Join The Absa Digital Savings Account?
Opening this account requires three simple steps:
- Go to Absa Bank website absabank.co.ke.
- Click on Save, select your Savings Account of choice,
- Click “Apply Online” and follow the prompts
Please have scanned images of the documents below handy as you sign up for the account:
- Copy of Kenyan National ID (You can also take a picture of your I.D. with a maximum size not exceeding 2 G.B.)
- Sample signature (signed on white paper)
As you plan to start your journey, please note that saving isn’t just about your present; it’s about the legacy you leave behind. When you build a secure financial foundation, you pave the way for a brighter future for yourself and your loved ones. Whether it’s funding your child’s education or supporting a cause dear to your heart, your savings empower you to create a lasting impact on the world.
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