Popular Nigerian author and the former aide to the Ex-president of Nigeria Goodluck Jonathan, Reno Omokri has advised the public on the only two reasons people should save money.
Reno Omoorki has been in the news for a few hours over his comments on single mothers. A lot of the public has lambasted and chastised him over his comments about single mothers. According to him, he does not have any respect or sympathy for any single mother unless the person was raped or widowed.
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Reno Omokri has taken to his page to disclose the only two reasons why a person should save money. According to him, the only two reasons why people must save are for investment and also for emergencies.
“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 #FreeLeahSharibu #RenosNuggets“.
In another post, he stated that the rich invest their money while the average money saves their monies. He slammed those who have either saved or invested their monies; saying that they are not preparing for their future.
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“The rich invest their money, while the middle class largely save their money in banks, creating a pool of other people’s money that the rich borrow to invest. Sadly, it’s most the poor who waste their money on products produced/marketed by the rich #FreeLeahSharibu #RenosNuggets“.
Source: ghgossip.com
