How to deal with Inflation

Prices are rising — but your income might not be. Inflation silently eats into your wallet. To survive (and thrive), you need a smarter money strategy.

  • Prioritize essential spending. Focus on food, rent, transport, healthcare — the true basics. Cut back on subscriptions, impulse buys, and “nice-to-haves” that don’t bring real value.
  • Buy in bulk — or buy together. Buying rice, oil, or soap in large quantities is cheaper per unit. If you can’t afford bulk alone, team up with friends or neighbors for shared market runs.
  • Find ways to earn more. Inflation lowers your buying power — offset that by increasing income. Start a side hustle, take freelance gigs, or ask for a raise if possible. Upskilling can open better opportunities.
  • Save smart, not under your pillow. Keeping money in cash means it loses value over time. Explore saving in interest-earning accounts, cooperative groups, or low-risk investment options like mutual funds.
  • Track price changes. Know which items are rising fastest — and adjust your habits. Switch brands, try local alternatives, or buy seasonal produce.
  • Budget weekly, not monthly. With rapid price changes, shorter cycles help you stay flexible and avoid overspending.

👉 Inflation isn’t just numbers — it affects your daily life. But with smarter choices, income boosts, and careful planning, you can stay ahead of the rising tide.

Understanding Mobile Money Services

Mobile money has changed how people in Africa send, receive, and manage cash — no bank account required. It’s fast, affordable, and available right from your phone.

What is mobile money? It’s a digital wallet you access through apps like Opay, PalmPay, Paga, or via USSD codes. You can send money, receive payments, buy airtime, or pay bills — all without stepping into a bank. You can open and use a mobile wallet with just a phone number and valid ID. Perfect for the unbanked and underserved.

What you can do:

  • Transfer money instantly
  • Pay electricity and water bills
  • Buy airtime and data
  • Receive salary or business payments
  • Pay in shops that accept wallet payments

Security is key. Keep your PIN or password private — never share it with anyone. Scammers often pose as customer support or “helpers” to trick users. Make it a habit to review your wallet activity to catch any errors or suspicious transactions early.

Fund your wallet safely. Fund through secure bank transfers, trusted agents, or ATMs — avoid handing cash to just anyone.

👉 Mobile money is banking made easy — especially if used wisely. Stay alert, use trusted platforms, and enjoy cashless convenience from your pocket.