Mischief
Open & Refresh Links Open & Refresh Links 1) Paste your links (comma-separated). 2) Click Open & Refresh . Browser will open many tabs (allow pop-ups). 3) Each opened tab will reload every 30 seconds . Your links (comma-separated): Open per batch Opening too many at once may be blocked. 60 is a safe max. Gap between batches (ms) Short pause helps bypass popup blockers. Refresh every (sec) Open & Refresh
Post a Comment

How to Save Money Fast in Ghana — Even on a Low Income

Mischief

 


How to Save Money Fast in Ghana — Even on a Low Income

Small income doesn’t mean small savings — it means smart habits.


Are you tired of watching your money vanish before the month ends?


Think it’s impossible to save on a small salary or daily hustle?


You’re not alone — and you’re not helpless.


This blog shows proven strategies to save money fast in Ghana, even if you earn as little as GHS 10 a day.



---


💡 First: Know the Truth About Saving


Saving money isn’t about how much you earn.

It’s about how you manage what you earn.


A GHS 500 earner who saves GHS 50/month is richer than a GHS 5,000 earner who saves nothing.



---


✅ Step 1: Give Your Money a Job


Before spending anything, break your income into categories:


60% for needs (food, rent, transport)


20% for savings


10% for emergencies


10% for airtime/entertainment



This gives your money direction, not confusion.


Use this formula for:


Weekly wages


Daily hustle income


Monthly salaries



Even saving GHS 2–5 per day can change your life in 6 months.



---


✅ Step 2: Save Automatically (Don’t Trust Yourself)


Let’s be honest: once money enters your MoMo, it's gone.


So do this:


Use MTN Yello Save (auto deduction daily)


Use Fido Save or Ahomka Save


Put money in a locked susu box or bank account


Transfer savings before buying anything



The trick? Make saving the first thing, not the last.



---


✅ Step 3: Cut These Silent Killers


These habits are eating your savings:


🚫 Buying food outside daily

🚫 Betting/lotto “hopes”

🚫 Peer pressure (“Chale, let’s chill small”)

🚫 Weekly “little” airtime that adds up

🚫 Emotional spending (buying to feel better)


Kill these habits and you’ll free up GHS 100+ a month without even realizing it.



---


✅ Step 4: Sell or Use What You Already Have


You’re richer than you think. Here’s how to unlock hidden cash:


Sell old clothes, bags, or unused electronics


Cut your hair yourself or learn basic braiding


Cook and sell simple meals/snacks


Use your skills: write, design, clean, braid, wash, fix



Use these extra coins to boost savings, not flex.



---


✅ Step 5: Avoid the “Big Flex” Trap


Don’t try to look rich before you’re stable.


🚫 No pressure to wear all-brand clothes

🚫 No iPhone unless your savings can buy 2

🚫 No borrowing just to show off


You’re building wealth, not buying attention.



---


✅ Step 6: Turn Your Side Hustle into Fuel


If you earn from:


Makeup gigs


TikTok lives


Carpentry, sewing, nails


Weekend MC jobs


Freelance or selling



Take 10% of all side hustle money and save it.


That’s your hustle profit — don’t spend all of it.



---


📖 Real Story: Miriam the Hair Braider


Miriam earns GHS 20–30 a day braiding hair from her porch in Cape Coast.


She saved GHS 3 a day in a susu box.


After 8 months, she had GHS 720.

She used it to buy ring lights and grow her social media page.


Now she’s charging more and saving more — fast.


It started with GHS 3/day.



---


🧠 Extra Tips to Save Money Fast in Ghana


Join a serious susu group, not a greedy one


Lock your savings with no ATM card


Cook your own food (saves 3x more)


Walk instead of short Bolt rides


Avoid “soft loans” with daily interest


Keep clear savings goals (e.g., phone, rent, school)




---


⚠️ Don’t Do This


❌ Wait until you “earn more”

❌ Save what’s left (there won’t be any left)

❌ Borrow to save

❌ Keep savings in your MoMo wallet



---


✅ What Should You Save For?


Start with:


Emergency fund (for sickness, rent issues, etc.)


Business capital


School fees


Rent deposits


Phone upgrade


Travel or relocation


Future investments




---


📊 Savings Plan Example for GHS 500/month Earner


Savings Target Amount (GHS) Method


Emergency fund 200/month Yello Save

Business capital 100/month Locked susu

Rent deposit 100/month Fido Save

Airtime/data 30/month Budgeted

Chill/flex 20/month Cash only

Leftover buffer 50/month MoMo wallet



In 6 months, you’ll have GHS 1,200+ in savings.



---


🧠 Final Thoughts


Saving money fast isn’t about magic. It’s about:


Consistency


Discipline


Smart choices



Even on low income in Ghana, you can still:


✅ Save for the future

✅ Start a business

✅ Escape the cycle of “sika no asa”


If you can’t save when you earn small, you won’t save when you earn big.


Start now — and let your money work for you.



---


📸 Suggested Image:


Search Pexels for:

“Ghanaian woman saving money”, “hands holding coins”, “susu box with Ghana cedis”



---


🏷️ Suggested Blogger Tags:


saving money Ghana, how to save fast, low income savings, financial discipline, Ghana finance tips


Comments

Post a Comment

Popular posts from this blog

Top Passive Income Ideas That Actually Work in 2025

Mischief
Imagine waking up in the morning and discovering you've made money while you were asleep. That’s the beauty of passive income — earning without actively working every minute. In 2025, creating multiple income streams is no longer a luxury for the rich. It's a necessity for anyone who wants financial stability and freedom. Passive income doesn’t mean “easy money” or “do nothing and get rich.” It means setting up systems or assets once, and earning from them repeatedly with minimal daily effort. Whether you’re a student, full-time worker, or entrepreneur, there’s something on this list for you. This article breaks down realistic, proven passive income ideas that require low to zero capital to start — especially in Africa, Asia, or anywhere people think opportunities are limited. Ready to stop trading hours for money? Let’s explore passive income streams that work — no hype, no scams, just smart hustle. --- ✅ 1. Sell Digital Products Digital products are a top passive income sourc...
Read more

10 Simple Money Habits That Can Make You Rich in Ghana

Mischief
  10 Simple Money Habits That Can Make You Rich in Ghana It’s not about luck. It’s about your daily habits. Many Ghanaians believe that wealth comes from huge jobs, politics, or inheritance. But most rich people started with nothing but good money habits. In this blog, I’ll show you 10 simple habits that can help you build wealth — even if you earn a small income today. --- 💰 1. Track Every Cedi You Spend If you don’t know where your money is going, you’ll always wonder where it went. Start by tracking your daily expenses — airtime, food, MoMo fees, even that GHS 2 waakye. ✅ Use: A notebook A budgeting app Google Sheets 📌 Awareness is step one to taking control of your money. --- 💰 2. Pay Yourself First Before you pay bills, buy food, or send MoMo to anyone — pay yourself first. That means putting something into your savings or investment account before anything else. Even GHS 5 per day adds up to GHS 1,825 per year! --- 💰 3. Set Monthly Financial Goals People who have money se...
Read more

How to Save Money Even When You Earn Small in Ghana

Mischief
  How to Save Money Even When You Earn Small in Ghana “My money is not enough to save” — we’ve all said it. But it’s time to change that thinking. In Ghana today, many people earn less than they need. Whether it’s GHS 300, GHS 800, or even GHS 1,200 per month, it feels like the money finishes before the month ends. So the big question is: How do you save when your income is small? The truth is, you can save — if you’re intentional. Let’s show you how. --- 💡 1. Change Your Mindset First Before saving starts in your wallet, it must start in your mind. Stop saying: > “I will save when I earn more.” Start saying: > “I will save from what I have now, no matter how small.” Rich people save before they become rich — not after. --- 💡 2. Save First, Spend What’s Left Most people spend everything, then try to save the leftovers. But there are never leftovers. ✅ Do this instead: The moment you receive your money (salary, MoMo, profit), remove your savings first. Even GHS 5 a day = GHS...
Read more

How to Build a Monthly Budget as a Student (Even If You’re Broke)

Mischief
How to Build a Monthly Budget as a Student (Even If You’re Broke) “You don’t need more money — you need a better plan.” Are you tired of asking, “Where did my money go?” Do you find yourself broke two weeks after getting your allowance or MoMo from home? You’re not alone — and budgeting is your solution. In this blog, I’ll show you how to create a realistic monthly student budget — even if you’re living on GHS 100 or less. --- 🎯 Why You Need a Budget as a Student Budgeting helps you: Avoid borrowing before the month ends Prioritize essentials (food, data, transport) Plan your savings and small hustles Stay disciplined with your spending Prepare for emergencies 📌 No matter your income, you can budget. --- 🧮 Step-by-Step: How to Create Your Student Budget --- ✅ Step 1: Know Your Total Income Start by writing down everything you earn in a month: Source Amount Allowance from parents GHS 150 Side hustle (e.g., snacks) GHS 100 Occasional MoMo help GHS 50 Total Monthly Income GHS 300 📌 Be...
Read more

10 Things Broke Students Waste Money On Without Realizing

Mischief
 10 Things Broke Students Waste Money On Without Realizing “Being broke isn’t always about low income — sometimes it’s about poor choices.” If you’ve ever said, “I don’t know where my money went”… this blog is for you. Many students in Ghana live on tight allowances — GHS 100, GHS 200, sometimes nothing. But you’d be surprised how much of that money gets wasted on small things you don’t even track. Here are 10 common ways students waste money without realizing — and how to stop. --- 🚫 1. Daily Snacks and Impulse Foods That meat pie, fried yam, kelewele, or chilled bottle of Coke? It seems small — GHS 3 here, GHS 5 there. But multiply that by 20 days: 📉 GHS 5 x 20 = GHS 100 That’s half your allowance… gone in snacks. Fix it: Set a snack limit (e.g., GHS 20/week) Buy groceries and cook in bulk Carry water and avoid emotional hunger --- 🚫 2. Unused Subscriptions You subscribe to MTN daily bundles, get Netflix or Showmax, then don’t use it fully? Or worse, you renew it out of habit ...
Read more

10 Things Broke Students Waste Money On Without Realizing

Mischief
 10 Things Broke Students Waste Money On Without Realizing “Being broke isn’t always about low income — sometimes it’s about poor choices.” If you’ve ever said, “I don’t know where my money went”… this blog is for you. Many students in Ghana live on tight allowances — GHS 100, GHS 200, sometimes nothing. But you’d be surprised how much of that money gets wasted on small things you don’t even track. Here are 10 common ways students waste money without realizing — and how to stop. --- 🚫 1. Daily Snacks and Impulse Foods That meat pie, fried yam, kelewele, or chilled bottle of Coke? It seems small — GHS 3 here, GHS 5 there. But multiply that by 20 days: 📉 GHS 5 x 20 = GHS 100 That’s half your allowance… gone in snacks. Fix it: Set a snack limit (e.g., GHS 20/week) Buy groceries and cook in bulk Carry water and avoid emotional hunger --- 🚫 2. Unused Subscriptions You subscribe to MTN daily bundles, get Netflix or Showmax, then don’t use it fully? Or worse, you renew it out of habit ...
Read more

How to Save Money on a Low Income in Ghana"

Mischief
  "How to Save Money on a Low Income in Ghana" (This topic is highly relevant, helpful, and AdSense-friendly) --- 📝 Full Blog Post Draft Title: How to Save Money on a Low Income in Ghana Content: > Saving money can feel impossible when your income is low — especially with rising prices, school fees, food, transport, and bills in Ghana. But with the right strategies and discipline, it's possible to build savings even on a small salary. Here are 7 practical tips to help you start saving money on a low income: --- 1. Create a Simple Budget > Start by writing down your monthly income and expenses. Know exactly how much you earn and where your money goes. Use a notebook or a free budget app. ✅ Focus on essentials first: rent, food, school fees, transport. ❌ Cut back on impulse buys and "wants" like unnecessary airtime, eating out, or weekend spending. --- 2. Save Before You Spend (Pay Yourself First) > The moment you receive money, save a small portion imme...
Read more

How to Build a Monthly Budget as a Student (Even If You’re Broke)

Mischief
  How to Build a Monthly Budget as a Student (Even If You’re Broke) “You don’t need more money — you need a better plan.” Are you tired of asking, “Where did my money go?” Do you find yourself broke two weeks after getting your allowance or MoMo from home? You’re not alone — and budgeting is your solution. In this blog, I’ll show you how to create a realistic monthly student budget — even if you’re living on GHS 100 or less. --- 🎯 Why You Need a Budget as a Student Budgeting helps you: Avoid borrowing before the month ends Prioritize essentials (food, data, transport) Plan your savings and small hustles Stay disciplined with your spending Prepare for emergencies 📌 No matter your income, you can budget. --- 🧮 Step-by-Step: How to Create Your Student Budget --- ✅ Step 1: Know Your Total Income Start by writing down everything you earn in a month: Source Amount Allowance from parents GHS 150 Side hustle (e.g., snacks) GHS 100 Occasional MoMo help GHS 50 Total Monthly Income...
Read more

Avoid These 10 Money Mistakes Most Ghanaian Students Make

Mischief
 Avoid These 10 Money Mistakes Most Ghanaian Students Make “A little money mistake now can cost you big time later.” Being a student in Ghana means living on a tight budget, limited support from home, and endless expenses. Unfortunately, many students make small money mistakes that build up into big financial problems. Whether you’re in SHS, college, or university — these are the top 10 common money mistakes Ghanaian students make, and how to avoid them. --- ❌ 1. Spending Without a Budget 📉 Problem: Many students receive their allowance and start spending without planning. By Week 2, they're broke. ✅ Solution: Create a simple budget at the beginning of every month or semester. Know exactly how much is for: Food Data Transport Personal care Savings 📌 “Budgeting is telling your money where to go, instead of wondering where it went.” --- ❌ 2. Living Above Your Means 📉 Problem: Trying to “keep up” with friends — buying expensive clothes, ordering food daily, or partying every weeken...
Read more