The Power of Change

[vc_row][vc_column][vc_column_text]No, this is not a political article. It is an article for your pocket.

No change You can pick something else worth your change

Have you heard this before? You leave your house, get to a store after making a budget specifying the things you want to buy and their cost equivalent. After successfully making your purchase, the attendant stares at you, eyeball to eyeball and says, Sorry, we don’t have change. Sometimes, they are bold enough to suggest that you make unplanned purchases that you most likely do not need.

What are we talking about? Your Change.

Let’s define Change

Change is the cash left over after making a purchase.

Most times, we are tempted to leave this change for the retailers or make purchases we do not even need. We often disregard the change as they come in very small sums but what we do not know is this: Change is like a mustard seed, it could grow into large savings.

What can loose change do for you?

  • It could grow into mega savings.
  • It could be used as capital to start a business when it is gathered overtime.
  • You could invest it or use it to make planned buying decisions.
  • You could donate to charity.

How Can You save Loose Change?

  • Make Purchases with your ATM card as it charges the exact amount you need and cancels the idea of having change
  • Take out change from your purse or wallet to discourage you from frivolous spending.
  • Ensure you put excess daily change into your Change jar
  • Every change you deem insignificant, save it in a piggy bank or set aside a place to store your change. Every 3 months, when you have a healthy stash, take the sum to the bank and deposit it in your savings account.

A truly wealthy person as well as an entrepreneur understands the value of one naira. No amount is trivial. If you take away one naira from a million naira, it ceases to be a million naira. Value money, spend wisely.

Most often, the money you are looking for in Sokoto is right there in your shokoto. Change is not a party, it is potential savings.

Be the change you want to see by saving your loose change today.[/vc_column_text][/vc_column][/vc_row]

Akinola George-Taylor, Managing Director of Heritage Bank Plc, and his Team, paid courtesy visit yesterday to the Governor of Lagos, Babajide Olusola Sanwo-Olu, at the State House, Alausa yesterday.

The Managing Director of Heritage Bank, Akinola George-Taylor has disclosed that the bank would continue to increase the wallet of its business transactions with Lagos state government.  

He gave this assurance yesterday when he led a team of the bank on a courtesy visit to the Governor, Babajide Sanwo-Olu at the government house, Alausa, Ikeja.

George-Taylor commended Sanwo-Olu’s administration, whilst aligning with the great works in Lagos State.

“We are here to introduce ourselves as the new management of the Heritage Bank and being that we have had a relationship with the state (Lagos) for a number of years now, we felt it was necessary to come and present ourselves to the Governor; to say thanks for the business that we enjoyed with the government and that we align and commend the great work he is doing for Lagos State.

“And of course, as bankers, we want to try and increase our own size of the wallet of the business that we do with the government and to extend our best wishes to him and his government. It was a courtesy call to say thank you and wish him well in the next coming elections,” he said.

Speaking earlier, the Governor, Sanwo-Olu said his administration was poised to do more as it continued to play its roles in providing an enabling environment, improving the ease of doing business and being forward-looking in its dealings with financial institutions.

The governor also said that his administration will continue to ensure a mutually beneficial relationship with financial institutions in the State.

He said: “Lagos is the Centre of Excellence and the commercial, economic nerve centre, so we cannot but ensure that we have a very forward-looking mutually beneficial relationship with all of our financial institutions and of course, Heritage Bank is not an exception.

“I want to implore you and your team to be intentional and think something fresh; think something different that can indeed stimulate us. You can rest assured that we know how important it is to spread our businesses and to ensure that everybody gets a part of it knowing that you and your staff will also have a corporate responsibility on the Personal Income Tax component. It is expected that we will continue to play our roles and play our parts.”

Governor Sanwo-Olu congratulated the Managing Director and his new team on the huge and great responsibilities that shareholders and other stakeholders in Heritage Bank have reposed in them,” he said.