Enjoy Life. Build Wealth. Do Both.
Have you ever felt guilty after spending money on something you genuinely enjoyed?
Maybe it was dinner with friends, a weekend getaway, a new gadget, or finally buying those shoes you’ve been eyeing.
You enjoyed it in the moment. Then later, you opened your banking app and thought,
“I probably shouldn’t have spent that much.” Next, you’re replaying the decision in your head, trying to convince yourself it was worth it.
Many of us believes that every enjoyable expense is a setback to our financial goals. That if you’re serious about building wealth, you should always choose saving over living.
To be fair, building wealth does require discipline.
But life doesn’t pause while you’re trying to build wealth.
You still deserve to celebrate your wins, make memories, and enjoy the money you’ve worked hard for.
If you wait until you’re “financially free” before enjoying life, you might wait longer than you think.
People who build lasting wealth don’t avoid spending altogether. They simply spend intentionally. They know which expenses add value to their lives, and they make sure their future is growing alongside their present.
Here are a few ways to enjoy life without putting your financial goals on hold:
1. Budget for fun.
Enjoyment isn’t a financial mistake. Set aside money each month for the things that make life enjoyable, whether it’s eating out, seeing a movie, or taking a short trip. That way, you’re spending intentionally, not impulsively.
2. Don’t mistake every want for a need.
It’s okay to treat yourself. Just make sure it’s because you genuinely want it, not because everyone else is buying it or social media made you feel like you’re missing out.
3. Give your money different jobs.
Your rent money shouldn’t be competing with your vacation money, and your emergency fund shouldn’t be funding impulse purchases. Separating your money based on its purpose makes for better decisions.
4. Let your money work while it waits.
Not every naira needs to be spent immediately. If you’re holding money for upcoming expenses, keep it somewhere it can still earn for you. With Flex Wallet, your balance earns daily interest while remaining available when you need it.
5. Protect your future from today’s impulses.
Some goals are too important to leave in your everyday account. Whether you’re saving for a home, your business, or an emergency fund, My Vault helps you lock those savings away so they’re less tempting to spend and have time to grow with returns of up to 22%.
Building wealth isn’t about depriving yourself of life’s pleasures.
It’s about making sure every naira has a purpose, so you can enjoy today with confidence while preparing for tomorrow.
Here’s your reminder for this week: Don’t choose between living well and building wealth. With the right habits, you can do both.
NOW TO THE NEWS
Vale Reminds Users to Join the Detty December Challenge
At Vale Finance, we are helping users save smarter while preparing for the festive season through our Detty December Challenge. This goal-based savings initiative is designed to make setting aside money for holiday-related expenses both fun and rewarding.
Participants can save specifically for festive needs such as gifts, travel, parties, and celebrations, while earning up to 12% interest per annum on their savings. In addition, users receive an extra 5% bonus on interest earned, giving them even more value for their money.
The challenge runs until 15th December and is open to both new and existing Vale app users. Don’t miss the opportunity to save with purpose and make your festive season financially stress-free.
CBN to Auction ₦700bn Treasury Bills in Final Primary Market for July
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will auction ₦700 billion worth of Nigerian Treasury Bills on Wednesday, July 29, 2026, in the final primary market auction for July. The offer comprises ₦100 billion in 91-day bills, ₦100 billion in 182-day bills, and ₦500 billion in 364-day bills, underscoring the government’s continued preference for longer-term securities.
The auction will be conducted using the Dutch auction system, where investors submit bids stating both the amount they wish to purchase and the yield they are willing to accept. Under this method, bids with the lowest yields are allotted first until the total amount on offer is exhausted, while the highest accepted yield becomes the uniform stop rate paid to all successful bidders for each tenor.
Bids can only be submitted directly by Authorized Money Market Dealers through the CBN’s S4 Web Interface. Individual investors and institutions that are not licensed dealers must participate through these authorized dealers, who submit bids and hold the Treasury Bills on their behalf.
The CBN said auction results will be announced on July 29, with allotment letters issued the following day. Successful bidders are required to make payment by 11:00 a.m. on July 30, although the apex bank reserves the right to reject bids or vary the amount offered depending on market conditions.
Nigeria’s Money Supply Rises to ₦133.25tn Despite CBN’s Tight Monetary Policy
Nigeria’s broad money supply increased to ₦133.25 trillion in June 2026, rising from ₦129.21 trillion in May, as liquidity in the economy expanded despite the Central Bank of Nigeria’s (CBN) continued tight monetary policy stance.
Data released by the CBN showed that broad money supply grew by ₦4.04 trillion month-on-month, representing a 3.11 per cent increase during the period. The rise was driven mainly by growth in domestic assets and quasi-money, which includes savings deposits, time deposits, and other near-cash financial assets.
Quasi-money increased to ₦88.54 trillion in June from ₦84.58 trillion in May, while demand deposits also recorded a marginal increase, rising from ₦39.43 trillion to ₦39.78 trillion. Meanwhile, currency held outside the banking system declined to ₦4.92 trillion from ₦5.19 trillion, indicating that more money remained within the formal banking sector.
The increase in money supply came despite the CBN maintaining the Monetary Policy Rate (MPR) at 26.5 per cent following its latest Monetary Policy Committee meeting.
The apex bank retained its restrictive policy measures as part of efforts to control inflation and support macroeconomic stability. Net foreign assets, however, declined during the period, falling by 1.56 per cent from ₦26.95 trillion to ₦26.53 trillion.
Analysts have warned that continued growth in liquidity could create additional challenges for the CBN’s inflation management efforts, as increased money supply may put further pressure on prices if not effectively absorbed.
FG Inaugurates Committee to Review Nigeria’s VAT Framework
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has inaugurated an inter-ministerial committee to develop a new Value Added Tax (VAT) Modification Order to support the implementation of Nigeria’s Tax Reform Acts, which came into effect on January 1, 2026. The committee was inaugurated at the Federal Ministry of Finance in Abuja and has been given six weeks to complete its assignment.
According to the minister, the committee’s role is to create a new VAT framework that aligns with the Tax Reform Acts rather than replicate the previous VAT Modification Order, which has been replaced by the new legislation. The new order is expected to provide greater clarity, improve tax administration, and support Nigeria’s broader economic transformation.
The committee will review the country’s current VAT administration framework, identify areas requiring clarification, develop comprehensive lists of VAT-exempt and zero-rated goods and services, draft the new VAT Modification Order, and recommend legislative amendments where necessary. It will also engage stakeholders from both the public and private sectors to ensure the framework reflects economic and social priorities.
The committee comprises representatives from key government agencies and private sector organizations, including the Federal Ministry of Finance, the Nigeria Revenue Service, the Nigeria Customs Service, the Federal Ministry of Industry, Trade and Investment, the Joint Revenue Board, the Manufacturers Association of Nigeria, the Tax Advisory Committee, and the Tax Justice and Governance Platform.
