Reasons to save and invest money-Reno Omokri

The Nigeria human activists, Reno Omokri has listed out two major reasons for saving and investment.

The host of the Christian teaching TV show explained this on his verified Twitter page, according to him, inflation will reduce its value, so spend on necessities and invest the rest.

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However, he stated the two crucial reasons for saving and investment, Save to invest when what you have is too small to invest and also save for emergencies.

Furthermore, he said other than the two reasons stated, there will be no need for saving money.

There are only two reasons you should save money:

Save to invest when what you have is too small to invest
Save for emergencies

Other than these, you should not save money. Inflation will reduce its value. Spend on necessities and invest the rest#FreeLeahSharibu #RenosNuggets

— Reno Omokri (@renoomokri) May 11, 2021

Reacting to this;

@princeofskills; Yes boss, I invest in Expertnaire Affiliate Marketing then I use my weekly salary (6 figures) in investing in crypto and I noticed that the higher the money u invest the higher your profit, thank god for giving me Affiliate Marketing as a side hustle.

@borngrate; Inflation reduces naira, but case saves other hard currencies.

@slimpriest1; Sir can we invest in crypto