Getting Started On Your 2024 Financial Goals With Absa Digital Savings Account

By Soko Directory Team / Published October 31, 2023 | 10:43 am



Absa

There are so many analogies that surround the notion of savings. Some say you should save; some say there is no need. Some say save until hurts, while some say if it hurts, then you are only punishing yourself. So confusing sometimes.

With the current hard times, marred with job losses, massive unemployment, and businesses struggling to remain afloat, the notion of savings sometimes becomes an illusion that needs more than a motivational speaker for the journey to kick off.

But saving for the future is necessary. Why? Because we do not know what will happen tomorrow. If we knew that, the whole world would be a better place at the moment. But we are in the dark, and, therefore we must prepare for the unknown tomorrow.

Just imagine waking up each day knowing you are one step closer to your dreams. Saving empowers you to envision a future where your aspirations take flight. Whether it’s traveling to exotic lands, starting your dream business, or buying a home that echoes your personality, saving fuels your dreams with tangible purpose.

Saving is not about deprivation; it’s about choice. It is not something you will just wake up and rush to start on. It is a process that takes you to understand at least four questions to succeed; Why do you want to save? Where do you want to save? When do you want to start saving? How do you want to save?

There is no doubt that life is unpredictable, but a robust savings nest offers a shield against unexpected storms. It provides a safety net, a buffer against the uncertainties that life may throw your way. Whether it’s a sudden medical emergency, a job transition, or a global crisis, your savings are your steadfast companions, ensuring you navigate turbulent waters with grace and confidence.

Read Also: Absa Bank Kenya PLC Commits Ksh 100 billion To Empower MSMEs

What is more, there’s an undeniable thrill in being financially independent. It’s not just about having money; it’s about having control over your destiny. Saving liberates you from the chains of financial dependence, allowing you to make decisions based on your values and desires, not on monetary constraints.

The Questions Before You Start:

Ask yourself the following questions that I have already outlined before starting to save:

  • Why do you want to save?
  • Where do you want to put your savings?
  • When do you want to start saving?
  • How do you want to save?

Which Bank Fits The Four Above?

The above questions can be answered by one financial institution; Absa Bank Kenya, through their product; Absa Digital Savings Account.

Absa Digital Savings Account rewards you as you work towards your savings goals. The account earns you an interest rate of 9 percent per annum. An interesting thing about it is that it is exclusively available on Absa Bank’s digital platform and is accessible through its website.

How Do You Join The Absa Digital Savings Account?

Opening this account requires three simple steps:

  • Go to Absa Bank website absabank.co.ke.
  • Click on Save, select your Savings Account of choice,
  • Click “Apply Online” and follow the prompts

Please have scanned images of the documents below handy as you sign up for the account:

  • Copy of Kenyan National ID (You can also take a picture of your I.D. with a maximum size not exceeding 2 G.B.)
  • Sample signature (signed on white paper)

As you plan to start your journey, please note that saving isn’t just about your present; it’s about the legacy you leave behind. When you build a secure financial foundation, you pave the way for a brighter future for yourself and your loved ones. Whether it’s funding your child’s education or supporting a cause dear to your heart, your savings empower you to create a lasting impact on the world.

Read Also: Absa Bank Kenya Commits To Double Sustainable Finance To Ksh 120 Billion




About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author








Trending Stories










Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE



ARCHIVES

2024
  • January 2024 (238)
  • February 2024 (227)
  • March 2024 (190)
  • April 2024 (133)
  • May 2024 (157)
  • June 2024 (145)
  • July 2024 (88)
  • 2023
  • January 2023 (182)
  • February 2023 (203)
  • March 2023 (322)
  • April 2023 (298)
  • May 2023 (268)
  • June 2023 (214)
  • July 2023 (212)
  • August 2023 (257)
  • September 2023 (237)
  • October 2023 (264)
  • November 2023 (286)
  • December 2023 (177)
  • 2022
  • January 2022 (293)
  • February 2022 (329)
  • March 2022 (358)
  • April 2022 (292)
  • May 2022 (271)
  • June 2022 (232)
  • July 2022 (278)
  • August 2022 (253)
  • September 2022 (246)
  • October 2022 (196)
  • November 2022 (232)
  • December 2022 (167)
  • 2021
  • January 2021 (182)
  • February 2021 (227)
  • March 2021 (325)
  • April 2021 (259)
  • May 2021 (285)
  • June 2021 (272)
  • July 2021 (277)
  • August 2021 (232)
  • September 2021 (271)
  • October 2021 (305)
  • November 2021 (364)
  • December 2021 (249)
  • 2020
  • January 2020 (272)
  • February 2020 (310)
  • March 2020 (390)
  • April 2020 (321)
  • May 2020 (335)
  • June 2020 (327)
  • July 2020 (333)
  • August 2020 (276)
  • September 2020 (214)
  • October 2020 (233)
  • November 2020 (242)
  • December 2020 (187)
  • 2019
  • January 2019 (251)
  • February 2019 (215)
  • March 2019 (283)
  • April 2019 (254)
  • May 2019 (269)
  • June 2019 (249)
  • July 2019 (335)
  • August 2019 (293)
  • September 2019 (306)
  • October 2019 (313)
  • November 2019 (362)
  • December 2019 (318)
  • 2018
  • January 2018 (291)
  • February 2018 (213)
  • March 2018 (275)
  • April 2018 (223)
  • May 2018 (235)
  • June 2018 (176)
  • July 2018 (256)
  • August 2018 (247)
  • September 2018 (255)
  • October 2018 (282)
  • November 2018 (282)
  • December 2018 (184)
  • 2017
  • January 2017 (183)
  • February 2017 (194)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (189)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (164)
  • February 2016 (165)
  • March 2016 (189)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (247)
  • September 2016 (233)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (164)
  • April 2015 (107)
  • May 2015 (116)
  • June 2015 (119)
  • July 2015 (145)
  • August 2015 (157)
  • September 2015 (186)
  • October 2015 (169)
  • November 2015 (173)
  • December 2015 (205)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950