Financial Planning Tools Every Nigerian Should Know

You do not need fancy software to plan well — but the right tool removes friction.

Budgeting

• **Finthriva Budgets** — category-level monthly/weekly limits with alerts.
• **The envelope method** — physical or digital "envelopes" per category.
• **50/30/20** — 50% needs, 30% wants, 20% savings/debt.

Tracking

• **Transactions log** — every kobo categorised. Use the Finthriva app or a Google Sheet.
• **Bank statement analyser** — paste in last month's statement and see categories instantly.

Projecting

• **Compound interest calculators** — see your future net worth.
• **Goal calculators** — "How much per month to hit ₦5m in 3 years?"

Reviewing

• 15 minutes weekly: any surprises?
• 1 hour monthly: did I hit budget? Net worth move?
• Quarterly: are my goals still right?