Emotions Against Savings? Control It.

By Digitvant MFB

Published: 3/3/2025

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Emotions Against Savings? Control It.

They say money doesn't have emotions, but have you tried saving when "Chop life, you worked for it" is calling your name? One minute, you're feeling like Cosmas Maduka, ready to stack your funds to build an empire. The next, your emotions hijack your brain, and boom—you're at a restaurant ordering "the usual" with zero regard for your account balance, feeling yourself as Achalugo, Odogwu paranran wife. Ah, emotions are messing up your brain!

But then, how exactly did you get here? We don't intend for you to give in to emotional spending against savings (That shall not happen again before Brother Sapastus begins to call your number). We believe the number he's calling is not available?

Savings isn't just a numbers game. It's a psychological battle—one where emotions (excitement, fear, stress, even boredom) can mess with your money goals. But here's the good news: you can take charge, and Digitvant is here to help you do just that.

How Your Emotions Are Sabotaging Your Savings

The great English speakers have been benevolent enough to give them names so we can easily identify them (You see, everything has an identity. What's yours?). Retail therapy temptation, FOMO, and the "money will come back" mentality—these are the things hindering you from amassing as much savings as possible with the right bank—Digitvant.

If you've ever had a bad day and suddenly Zara, Amiri, Temu, Emad Eduso, or Jumia became your best friend, then retail therapy temptation has set in. You really want to buy all the stuff, with the mindset that it'll make you feel better. Issh! I don't mean to break your heart, but it won't fix anything. At this moment, what you need is to control your emotions—take charge! Instead of running to Temu and colliding into unnecessary buys, send that money to your Digitvant Fixed Deposit Pro and see if your mood won't change ASAP!

FOMO (Fear of Missing Out)

"No ooh! Everyone is going to the Maldives this Easter, why should I be left out?" And just like that, your savings goal takes a hit because you want to keep up. Social media doesn't help either—one scroll and you're convinced you need that designer bag or weekend getaway, like the Achalugos. The Maldives is great. But have your vacay when your DigitFest Savings Account is all green and smiling.

The "Money Will Come Back" Mentality

You tell yourself "money is meant to be spent. Another one will come," like a motivational speaker. Sure, money flows, but when you keep spending like a leaking tap, your savings become a desert. Oh no! Even Sefi Ata, the author of Everything Good Will Come, did not advise that you spend your good fortune away but to store for the future.

Let's not even mention the procrastinators! Odogwu paranran, save this money with Digitvant and have more money for Odogwu spending. Achalugo won't even say please when you talk, I promise.

How to Control Your Emotions and Actually Save

Digitvant understands that your emotions and spending habits are intertwined. That's why we're giving you the blueprint to take charge and start stacking your cash, stress-free.

  • Get the DigitvantPay app. Firstly, you need the most simplified and swift banking app in Africa—the DigitvantPay app. Onboarding is just three clicks, and you're done.
  • Choose the right savings account. Once you have successfully logged in, feel free to lock your money in any account that aligns with your goals and dreams. Sharp, right?
  • Pay yourself first. Make sure to pay yourself first each month by transferring money to your Digitvant savings account before you start spending. This way, emotional spending has nothing on your savings.

So, next time emotions try to hijack your savings, control them. Remember, money comes and goes, but financial security? That's priceless. Start saving today with Digitvant, because your future self will thank you!

Ready to take control of your finances?

Holla Taye at (+234) 707 010 7347 to begin.

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