Business Digest October 15, 2025

#BusinessDigestWithDrEIS

On BU$I₦£$$ DIG£$T this morning, October 15, 2025

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“`YOUR SAVINGS ARE LOSING THEIR VALUE “`

“Many people who save money are actually not, they are just keeping money.” Dr. E.I.S

You are not SAFE if your SAVINGS are not guaranteed.

How should this be done? Savings should be indeed safe in an interest yielding account or an escrow account. You shouldn’t have unfettered access to what you call savings. It is called savings for a reason, it should be a safety net for you to run to when the need arises. The underlying attribute here is DISCIPLINE.

You don’t leave money in an account and look at it to feel good about your account balance.

Many also keep money in transactions-enabled accounts for the ease of transfer and call it savings.

Inflation is quietly destroying the value of your savings. The money you worked for, the monies sitting in your account, are losing purchasing power every single day.

They are also losing their value on a reducing balance.

The problem is not just inflation.

It is trust.

People trust the system more than they trust themselves. They hand over their financial future to governments and pensions, and they hope it all works out.

Get financial knowledge to make informed financial decisions. QED!

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Business Digest….your indispensable daily business companion.

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Yours-In-Entrepreneurship

*_Dr. Emmanuel Idenyi Shaibu_*

_animn, ace, f.hcd, f.dss, m.frcn, fimc, cmc, cms, FAiPA, DPA, FCCFI, FCALM-UK, CCFIP, CNA_

The Millennium Entrepreneur!

*MakingAMarkGlobally*