Make Money Work for You
Explore why every year of delay loses compounding cycles that can never be recovered.
5
Lessons in this module
Starting early vs starting large
Explore why every year of delay loses compounding cycles that can never be recovered.
Savings vs T-bills
Explore why t-bills are government IOUs for short terms (91, 182, or 364 days).
Setting a 10-year plan
Explore why compound interest + time = the two multipliers of long-term savings.
Reinvesting interest
Explore why every naira of interest reinvested earns interest forever going forward.
Your interest action plan
Explore why three pillars: (1) highest rate available (more per naira), (2) auto-save (removes friction and discipline requirement), (3) reinvest interest (turns compound interest on).
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