Making a trip back home can be exciting as well as tasking when you consider the logistics and expenses involved. However, with the flexibility of your GTBank NRN account, you can manage your finances securely, spend wisely and still have a good time in Nigeria.
Below are a few ways to conveniently manage your finances while in the country:
Set a budget
Between flight tickets, meals, gifts for loved ones, taxi rides, hotels and other miscellaneous expenses, spending can quickly build up and exceed your budget. Setting up a budget will help ensure your visit won’t impact your finances negatively in the long run. To simplify it, break down your budget into these main areas:
- Gifts and favours
And stick to the plan.
Keep track of your daily spendings
An important part of managing your finances is also knowing where your money is spent. Drawing a budget is a good start but you can take it a step further by noting down every dime you spend. This way, you keep track of everything your money achieved, which also helps you track any money you can not account for.
Carry less cash and your debit card
The world is going cashless, Nigeria included. Carrying less cash around will help you spend less as well as reduce the risk of losing a huge amount of money, in a case of robbery or misplacement. A safer option will be to carry your debit card as a backup when you want to withdraw money or carry out and web-based transactions.
Get a Utility Card
The GTBank Utility Card serves as a multi-purpose card, which can be used securely for ATM, POS, and Web-based transactions and transactions. It’s more effective to transfer the amount of money you hope to spend during your stay in Nigeria. Let’s say you need to buy toys worth N20,000 for your nephew. All you need to do is load N20,000 into your utility card, so even when something more expensive catches your eyes, you won’t exceed your budget.
Use an App
Keeping track of your finances is so much easier with apps on your smartphone! You can check out some budget apps as well as the GTWorld banking app, which helps you transfer funds, pay bills, buy airtime recharge from anywhere at anytime.
Change money the secured way
Changing money on the street can lead to you getting ripped off– especially if you’re unfamiliar with the exchange rate. Ensure that you exchange foreign currency with a recognised trader, such as a bank or renowned exchange bureau.
For more enquiries or help relating to your GTBank account, kindly call GTConnect, our 24-hour helpline, on +234-1-4480000, +234 802900 2900, +234 803900 3900, 0700 48266328.