Get Money
Everyday

We empower you with the ability to make impactful financial decisions and provide flexible cash disbursement options so you can access your funds instantly when you need them.

Be informed

Everyday Money is committed to providing you with the tools you need to build financial resilience and build asset for your future.

Stay tuned

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.

jamie@example.com

Everyday money collaborates with Blaqboi to drive app adoption

Everyday money collaborates with Blaqboi to drive app adoption
Blaqboi Signs Brand Endorsement Deal with Everyday Money

Everyday money, a fintech startup dedicated to providing budgeting tools to help Africans get rid of financial shocks by making money available to them every day and when needed; is delighted to announce its collaboration with Victor Panwal popularly known as Blaqboi, a content creator and actor, who became famous as a result of his participation at the Big Brother Titans in 2023.

The partnership, effective 13th November, 2023, signifies Everyday money's commitment to building financial resilience and helping many Africans build asset for the future.

The app is primarily geared towards Gen X, Gen Zs, and Millennials, acknowledging the significance of engaging them where they spend most of their time. Blaqboi, renowned for his dynamic content creation and broad influence, seamlessly aligns with our mission to connect with this diverse audience.

Blaqboi Team x Everyday Money Team

Everydaymoney app is available for download at the website www.everydaymoney.app and on Playstore and Appstore.

For media inquiries, please reach out to us at contact@everydaymoney.ng. Visit www.everydaymoney.app for more information or check out our press kit at https://bit.ly/em-presskit. Stay connected with us on social media:

Latest issue

Everyday Money Transitions From Beta to Public Access

E.M Application Technologies launches Everydaymoney, a budgeting App, on this day, 9th November, 2023. This release marks its transition from the beta phase to an official stable release of the app.

Everyday Money Transitions From Beta to Public Access

Financial platforms are dedicated to assisting individuals in achieving their financial goals and objectives. However there's been a lack of technology platforms offering intuitive budgeting tools and adequate financial education available to users to budget and plan towards achieving their financial goals and objectives.

E.M Application Technologies Ltd. launches Everydaymoney, a budgeting App, on this day, 9th November, 2023. This release marks its transition from the beta phase to an official stable release of the app.  Everydaymoney is a financial application that enables users get money everyday by providing financial tools that automates budgeting, savings and other financial goals.

Everydaymoney stands out from other budgeting app with various unique features. One of the features is the daily cash disbursement where disbursement of funds is automated, so that users can get money for day to day spendings on things like food, transportation, and other needs.

The Moneybag feature is where the magic happens. Users set aside a portion of their income to be disbursed daily, weekly or monthly to fund various budgets and goals tailored to their needs.

Everydaymoney is tailored for Gen X, Millennials, and Gen Zs and  also aims to convert those who have been using traditional methods to budget and plan their finances, to join a platform that will automate the process with ease.

Inclusive in the App's design is AI, to prompt and educate users on financial literacy and tools that can enable them to reach their financial goals; budget properly for emergencies, black tax, health care and their next big project.

Everydaymoney is more than just an app; it is a financial partner changing the way individuals manage their finances. Our goal is to prevent financial fragility and provide Africans with the tools and insights necessary to build financial resilience and assets for the future.

Everyday Money invites freelancers, civil servants, entrepreneurs, young earners, students and everyone who desires to be in total control of their finance, to experience a new era of financial freedom.

Download the app today on Play Store and iOS Stores, and embark on a journey towards financial success.

For media inquiries, please reach out to us at contact@everydaymoney.ng. Visit www.everydaymoney.app for more information or check out our press kit at https://bit.ly/em-presskit. Stay connected with us on social media:

About E.M Application Technologies.

E.M Applications Technologies Ltd. (RC - 6864855) builds and manages automated payments and finance management products for businesses and individuals. The company is located in Lagos, Nigeria and was founded in Feb. 2023 by Retnan Daser and Kator James who boast a wealth of experience as two-time founders. They previously founded LogicalAddress Ltd. and went on to build Pie.ng, a wallet-as-a-service platform for businesses and government agencies and transacted more than a billion Naira between 2017 until the Covid19 pandemic in 2020.

Need For An Emergency Fund In Your Budget And How To Build It

Need For An Emergency Fund In Your Budget And How To Build It

If you're considering adding an emergency fund to your budget, this article will help highlight the importance and tips on how to start building one.

‌‌Any cash reserved for unforeseen spending or expenses is termed an emergency fund. They are used for financial emergencies that are important and/or necessary. Some common examples of such emergencies include car repairs, home utensils repair or replacement, medical bills, or job or income loss,s, etc.  

An emergency fund is different from your long-term savings (such as retirement accounts or any property-buying savings you may have) and so it is usually kept separately. Anyone can have an emergency fund, and the amount will vary depending on your total income, style of living, regular expenses, and dependents (if any).

Importance of Emergency Funds

‌‌Emergency funds are necessary for one relative reason; we all experience uncertainties in life and many of them have financial implications. The COVID-19 pandemic period was one good example of uncertain times for people and an uncertain economy for many countries. Since we can't predict how many emergencies are ahead of us, it is best to set aside funds that can cover three to six months' worth of living expenses. The fund only should be used in the event of an emergency and spent carefully when you do need to draw on it.

Below are a few scenarios where emergency funds are important:

1. Having an emergency fund gives you a better shot at surviving a crisis without getting a loan or an overdraft balance.

2. Emergency funds are a good backup during a recession (where unemployment rates increase, inflation increases, etc.)

3. When you don't have a steady source of income, emergency funds can come to the rescue for upkeep till you find another job.

4. Emergency funds can be converted into savings for other goals in the long run. Just as we expect emergencies, years can go by without any such occurrence.

Tips for building an Emergency fund

‌‌Just like any other financial goal, saving towards your emergency fund has to be intentional. ‌‌First figure out how much you spend each month, look through your expenses over a short period and generate an estimate.

From your estimated figure per month, you can set your savings target for your emergency fund. You can either save that exact amount as your emergency fund for a month or multiply that amount to a higher target that can cover more than one month's emergency.

Find an account that doesn't keep your funds dormant i.e an account that generates the highest interest on the amount you save. Your account options should be safe and restrictive but the money should be easy to liquidate when needed. This makes it keep it untouched.  Money market accounts or basic savings account with a budgeting platform can produce high interest for your emergency fund. ‌‌

Add some more action to your plan by contributing regularly to that emergency fund account. Downgrade your expenses if possible to divert more funds into the emergency account. Buy a less expensive phone or food products when shopping, and skip more leisure outings, to come up with some cash that can fund your goal.

Funding your emergency account should be like any other recurring bill you must pay each month. Add to the fund at regular intervals, and  if possible, automate recurring transfers to your account to stay consistent.

Don't forget, once that money is spent, it always takes a long while to rebuild it. Start now, with whatever you have, no matter how little. Think of it as putting small amounts aside each week or month to achieve your emergency fund target.‌‌

Get Money
Everyday

We empower you with the ability to make impactful financial decisions and provide flexible cash disbursement options so you can access your funds instantly when you need them.