Sometimes it’s not the big expenses that break your budget – it’s the small, sneaky ones you don’t notice. These hidden costs quietly drain your money over time.
- ATM withdrawal fees — especially from other banks or at odd hours. Each ₦100–₦300 fee adds up fast over the month.
- Late payment fees — from bills, loans, or even data subscriptions. Being a few days late could cost you thousands.
- Unused subscriptions — gym memberships, streaming services, apps. If you haven’t used it in a month, cancel it.
- Account maintenance charges — some banks charge monthly fees just for holding your account. Know what your bank takes.
- Data auto-renewals — background apps and forgotten settings can quietly eat through airtime or wallet balances.
- Impulse mobile purchases — ringtone services, betting, or micro-loans with high fees. Review your SMS alerts often.
Smart money isn’t just about earning more — it’s about plugging the leaks. Watch where your money goes, and take control of every naira.