Money Tools That Saved My Life

Have you ever wondered where all your money went half way through the month? I know I have. Before now, I never really kept track of how I spent my money until I ran out of cash or in simpler terms become broke then I begin to crack my head trying to answer the ’where did all my money go?’ question. The cycle continued month after month, until I decided to do something about it.  They always say prevention is better than cure so a few months ago I started looking out for some tools and apps to help me avoid mid-month bankruptcy.

These tools and apps are great because they do most of the work for you from reporting, tracking expenses, budgeting and even automated saving. Without further ado Ladies and gentlemen I present to you the top money tools that changed my life *drumrolls*

  1. Money Lover App

This is my absolute favorite personal finance app. It’s a really simple easy to use app that allows you record your daily expenses in clear categories such as food, shopping and income such as salary, gifts etc.

It’s also fantastic for budgeting as it allows you create a budget and keeps you accountable by prompting you when you exceed a set budget. Another great thing about this app which happens to be my favorite is that the app helps you in generating easy to read reports that give you information about your financial behavior.

The Money Lover App is available on Android, iOS and web and it costs about N1500 for access to the full version. Check it out! I’m sure you’ll thank me later.


This one I just recently discovered. It’s a platform that helps you save money daily weekly or even monthly until you reach a set savings target depending on your pre-set savings plan.

You are allowed to access to withdraw your money up to 4 times in a year on pre-set dates. You can however withdraw outside those set dates but that attracts a 5% default fee (I like this part a lot, lol)

You also get a cumulative 6% interest on your savings and using the platform is completely FREE. From my research it’s a safe platform as it’s hinged on credible financial institutions such as United Bank of Africa (UBA) and Paystack.

One potential disadvantage of this though is if you find yourself in an emergency situation and you desperately need access to your savings, you can get it, but you’ll have to forfeit a whopping 5%. My suggestion on how to utilize this platform would be to save up tangible blocks of money like N100k and then pull it out to invest in more profitable options to ensure your money yields more.

  1. Smart Money Woman Journal

The faintest pen they say is better than the sharpest memory, nothing beats physically writing things down and the Smart Money Woman journal is one tool that helps you do just that. With it you can calculate and keep track of all the important details that pertain to your financial wellbeing. It has columns where you can calculate your net worth (be warned, this one can potentially give you a serious reality check), manage debt; identify your spending triggers among other things.

This is a fantastic tool that will get you on the right path to financial freedom and even though it’s positioned for ladies, I find that its content is beneficial to both genders.

Why waste any more time? grab your copy here!

  1. Good Ol’ Excel

I started out my journey of managing my personal finance using this multi-purpose tool. I enjoyed building out my templates and customizing formulas but this is because I’m analytical and pretty comfortable with numbers. Plus I enjoyed the DIY thrill and ‘street cred’ I got when I showed off my workbook.

I no longer use this template because as I got busier with work, it got a bit cumbersome for me but for those of you who have a knack for analytics and data management, this would be a nice way to hone those skills.

Sinmisola Nojimu-Yusuf
Sinmisola Nojimu-Yusuf

The 21st Century Empowered Young Woman.

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