Cute Lady Saves N998,000 Monthly, Buys Big House After 2 Years, Her Amazing Story Goes Viral

Cute Lady Saves N998,000 Monthly, Buys Big House After 2 Years, Her Amazing Story Goes Viral

  • A young woman recently shared how she was able to buy a three-bedroom house by cutting her expenses and saving big for two years
  • Hilary Iyoha saved N998,000 a month, which was two-thirds of her salary while living at home with her family
  • She shared that she has always been financially savvy and recognised the value of money as well as how to make it work for her

A focused babe inspired many after revealing how she saved N998,000 a month for two years in order to buy her first home at the age of 25.

South-east London resident, Hilary Iyoha, bought a three-bedroom house in Bexley, UK earlier this year after putting a considerable amount away per month into her savings.

Savings, Finance, Property, Women in Excellence, Woman, Saves R40k Per Month, 2 Years, Buys Her 1st Home, 25
A financially savvy woman saved a large per cent of her salary every month to afford her first property. Image: Jam Press/ Hilary Iyoha
Source: UGC

The investment banking analyst was living with her family while saving, meaning she didn't have rent or other bills to pay.

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Speaking to the Daily Mail, Hilary said she has always been financially savvy and that even as a kid she would save her weekly lunch money if she wanted to buy something.

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“I've always recognised the value of money, but understanding how to use it and make it work for you is the real tea.”

Hilary's key tips for saving are fairly straightforward: cut out any unnecessary spending, use credit cards for cash-back and create a budget that works for your needs.

The savvy businesswoman put aside £2 000 (about N998,000) per month – representing two-thirds of her salary – for almost two years, Metro reported.

Out of her outgoings, 24 percent went to general expenses.

“Two-thousand pounds was a good part of my monthly income at the time, but during the pandemic where nothing was really open and I was working from home and living with family rent-free, with little to no financial responsibility, it wasn't too hard,” Hilary said.

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‘I want to be a Yahoo girl when I grow up': Nigerian lady picks kid from street, changes her life for good

Lady buys a house after praying for one on Twitter

In a related story, Legit.ng reported that a Nigerian lady who prayed to God to give her a house later bought it.

She came to Twitter to share her testimony even as she shared photos of her beautiful kitchen.

Many Nigerians who saw the tweet tapped into her blessing as they prayed that their own prayers be answered too.

Source: Briefly.co.za

Authors:
Israel Usulor avatar

Israel Usulor (Human-Interest editor) Israel Usulor is a journalist who has 10 years of experience. He worked at The Prime Newspaper and has published articles in TheCable Newspaper. Israel graduated with distinction from Fidei Polytechnic (Mass Commun, 2016). Israel has interviewed Zannah Mustapha, the man who helped negotiate the release of Chibok Girls, and Kunle Adeyanju, who rode a bike from London to Lagos. He covered exclusive stories on Chef Dami during her Guinness World Records cookathon. Email: israel.usulor@corp.legit.ng.