Hit Your Financial Goals With Moni

Moni - Spend, Save & Borrow
8 min readSep 25, 2023

Goals are anything you set your mind to achieve within a time frame. New Year's resolutions are a type of goal. They are habits people want to build over the course of a new year. People set goals to read more books in a year, earn more money, work out more, and lots more. Setting a goal is a sign of improvement.

People have goals. These goals occupy their thoughts from time to time. As a matter of fact, we believe that it’s only those obsessed with their goals that truly hit them. The entire point of a football match is the goals. Two teams of brilliant and professional footballers play against each other to be the team that scores more goals. The teams each choose their game strategy but their entire plan is to get the ball in the opponent’s net as many times as possible. In football, that’s a goal.

Running around, hitting the ground, and getting injured aren’t counted as points for the game. Just the goals scored.

That’s how people too are.

We run around with our strategies, racing towards the net because we want to score some goals.

Goals differ from person to person but most people usually set the following goals:

  1. Career Goals
  2. Financial Goals
  3. Health and Fitness Goals
  4. Family Goals
  5. Relationship Goals
  6. Business Goals
  7. Personal development Goals

While you may have these seven goals or even more on your mind, Moni is partnering with you to hit your financial goals. Setting financial goals is the first step in becoming financially stable and free. If you aren’t working to hit a goal in the short term or in the long run, you won’t have to be accountable for your spending or keep track of your expenses.

There is a sense of achievement and peace of mind you experience when you hit your financial goals, particularly with the unstable economy and rise of random crises. Hitting your financial goals is a crucial part of securing your future and living the life you desire. Whatever dream you might have, whether you want to buy a house, live in another country, take a dream vacation, or prepare for early retirement, achieving these goals requires a well-structured plan.

In this blog post, we’ll outline a guide on:

  • The types of financial goals you should set
  • The most important financial goals you should set
  • How to hit those goals
  • How Moni is your partner in hitting your goals.


There are three different types of financial goals to set and they are bound by time. You can set:

  1. Short-term goals: This is where to start if you’ve never had to plan your finances in the past. These are the foundations of your big financial plan. They are easy and simple steps to take today and each day to make sure your money is good for you. Examples of short-term financial goals include creating and sticking to a budget, starting to pay back a debt, and building an emergency fund.
  2. Mid-term goals: These are the goals that bridge the work you’ve done from the short-term goals and help you connect to the long-term goals. You’ve come from sticking to a budget and paying back your debt. The next things to focus on are goals that will reinforce your dream lifestyle. Examples are getting insurance, completely paying off loans, and starting to put money towards your big dreams.
  3. Long-term goals: Everyone has a big financial goal that they are looking forward to. Most people are looking to grow their retirement fund. This is a major long-term goal to get on.


Now that you are ready to set your financial goals, what are the important qualities to prioritize? A good financial goal must be SMART. A good financial goal must be:

Specific — You can’t just write down “I want to be rich” as a goal. Being rich means different things at time. You have to be clear and precise about what you want to achieve. The footballers know exactly where to kick the ball. Don’t settle for wishful thinking and daydreaming. Examples of specific financial goals are:

  • Have a regular savings plan
  • Build an emergency fund
  • Invest money

This way, you are able to focus on a specific target, with your eyes on the ball.

Measurable — Now that your eye is on the ball, your goals have to be measurable. This quality answers the question “how much”.

  • How much do you want to save?
  • How much do you want in your emergency fund?
  • How much do you want to invest?

Attainable — Now that you have a specific and measurable goal, you have to outline the realistic steps you will take to achieve it. This quality ensures that you have your goal in small and achievable bits.

Relevant — This helps you stay in check to stay aware of the priority and importance of your goals. This quality answers the following questions:

  • Is this important to the overall goal you want to achieve?
  • Is this worth sacrificing and working hard for?

Timely: SMART goals end in a timeline. It’s only a smart goal when there is a time frame to achieve and milestones set along the way.

Now that you understand the kind of goals to set, the next steps to take are:

  1. Set clear and specific goals: To achieve your financial targets, you need to define your goals clearly and be specific. Instead of a fuzzy goal. Set specific and measurable objectives. For example “save N100,000 for December vacation by October 31, 2023.” Setting such helps get clarity and provides motivation and direction.
  2. Create a Budget: A budget is your financial roadmap. List your income sources and expenses, categorizing them. By doing this, you’d be able to cut your coat according to your size and avoid overspending. Budgeting also allows you to allocate more towards your savings and investments.
  3. Create Separate Savings Goals: With Moni, you can create multiple savings goals. Take advantage of the different features (Naira reserve and Safebox plan) to separate your goals and allocate funds accordingly.
  4. Be intentional about saving: Building a saving habit is important because you never know when life can happen to you. The correct economic situation doesn’t give warning, the dollar keeps increasing, meaning things become expensive before you take two steps in a day. Having savings gives you peace of mind and financial independence from whatever emergency might occur.
  5. Automate Your Savings: Automation makes saving easier. Setting up automatic transfers to your Moni savings plan from your main bank account makes saving effortless. Doing this allows you to consistently contribute to your goals without the temptation to spend.

6. Invest Wisely: Putting your money to work through investments is essential for long-term financial growth. With Moni, you can grow your wealth by creating an account and saving as low as N100 daily. Earn up to 21% interest rate daily.

7. Create an emergency fund: Creating an emergency fund reduces the need to dip into savings or go into debt. You have to have quick access to emergency funds and you can create a Periodic Safebox plan with Moni.

Achieving your financial goals requires commitment, discipline, and a well-thought-out plan. By following these strategies, you can increase your chances of hitting your financial goals with Moni. Take the first step today and sign up. Remember to set clear goals, create a budget, and prioritize saving. The small steps you take today can lead to significant financial accomplishments in the future.


The Moni App is your partner in financial prosperity. From being a proper money manager to building wealth, we have stacked up features that would help you hit your financial goals.

With the Moni App, you can spend, save, and borrow with ease.


You can send and receive money for free on your Moni wallet. You can send money via bank transfers, USSD, and monitags for free. You can also track your spending because all the money you move around on the Moni App is grouped into different categories. You can also download your statement of accounts to make adjustments in your day-to-day expenses.


On the Moni App, you can enjoy three different kinds of savings. We have:

  1. Periodic Safebox Plan: You can save whenever you want and whatever amount you want here, from as low as N100. It’s a flexible savings option where you can save daily, weekly, biweekly, and monthly. You can earn up to 19% per annum.

2. Target Safebox Plan: If you have a target amount you want to save, this is the perfect plan for you. You will set up your goal and you’ll get reminders to save at the right time till you hit your goals.

3. Reserve Plan: You can earn up to 21% per annum on a Reserve plan. A Reserve Plan is like a fixed deposit account. You put money you do not want to spend locked away in this kind of plan. You can withdraw your interest monthly or together with your principal savings at maturity.


With Moni, you can get both personal and business loans to fund your dream and your lifestyle.

  1. Business Loans: You can grow and expand your business with working capital from Moni. Businesses of all types and sizes can access the capital they need to keep their business afloat. In just 5 minutes, eligible businesses can get loans disbursed to their business accounts.
  2. Rent Now Pay Later: You can pay your rent monthly with Moni. Once you are eligible from here, you can apply to Moni to pay your rent. Moni pays your full rent while you repay each month.
  3. Cash-backed Loans: If you have a Reserve plan on the Moni App that has been active for at least 1 month, you are eligible for a cash-backed loan to meet your instant needs.

With all these features and more exciting ones coming, you can hit all your financial goals with Moni. Download the Moni App to get started today.



Moni - Spend, Save & Borrow

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