Controversial Nigerian author and speaker, Reno Omokri has stated reasons why an individual should never save money.
Recall that Reno Omokri was dragged for his comments on single mothers yesterday but that has not stopped him from airing his opinion.
The former aide to the Ex-president of Nigeria Goodluck Jonathan in a new post advised the public to desist from saving money, though he also stated two only situations that should spur an individual to save money.
According to Omokri, money should one be saved in times emergency, and when there is the need to invest.
He tweeted:
“There are only two reasons you should save money: Save to invest when what you have is too small to invest Save for emergencies Other than these, you should not save money. Inflation will reduce its value. Spend on necessities and invest the rest”
There are only two reasons you should save money:
Save to invest when what you have is too small to invest
Save for emergenciesOther than these, you should not save money. Inflation will reduce its value. Spend on necessities and invest the rest#FreeLeahSharibu #RenosNuggets
— Reno Omokri (@renoomokri) May 11, 2021
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