ABUJA – Nigerian women have been called upon to avoid impulsive buying and tread carefully while seeking to invest their monies, urging them to shun Ponzi schemes promising high returns.
Mrs Titilola Oladejo, a financial and investment expert, made the call at a webinar on Skills and Tools on Practical Financial Advice organised by Mothers United and Mobilised (MUM) on Saturday.
She said it was worrisome that women still spent huge amount of their monies and capital on non-essential expenses, calling for an adherence to the 30-day rule of savings.
According to her, the rule tells an individual to take the money meant to be spent on an impulse buy and save it in a savings account instead for 30 days.