Saving money begins with your mindset :)

Why save?

The main reason is that we can’t predict the future.

Saving money keeps you financially secure and safe in case of an emergency.

These are simple daily tips or habits that can help you start saving Today!

Use an automated tool. A savings account will always have your back!

It is quick, easy & convenient especially when using NMB KLiK App. With this, you are able to save money from your current account to your new savings account automatically before you start spending on luxuries.

Map out major purchases

Always wait a day or two before purchasing any appliances, furniture, and electronics to name a few. Do not buy anything hastily, either.

Dining Out

Carrying your lunch to work every day could save you almost TSHS 30,000/= and above on a weekly basis.

Walk to work

If you live close enough to walk to work, you'll not only get free exercise, but also save a tremendous amount of money.

Save something every single day, even if it is just a Tsh 1000 or more.

Form a robust habit; the targeted behavior must be repeated regularly; keeping the context constant. Actively saving money every single day, even if it's only a couple of dollars, is crucial to forming a saving habit.

Keeping the money in your wallet to a minimum.

Keeping a budget. Because for most folks, when it comes to managing their money, failing to plan is the same as planning to fail. Faithfully following your budget. It’s one thing to create a budget, but if you don’t have the discipline to put it into action, why bother?

Make your savings visible.

Saving visibly and seeing savings accumulate, whether it is in a glass jar or in an online savings account every day supports habit formation. Visible signs of progress provide positive feedback and encourage the individual to continue.

Saving money is difficult, while spending in an undisciplined way is gratifying. Many people set lofty goals to save money, say for a wedding or a down-payment on a house, fail to reach them, then feel dispirited and give up. Saving money regularly by making it part of your lifestyle is far more effective.

We have various Savings accounts for you, learn more about them here: