How to Use PiggyVest Target Savings to Buy Something Big in Nigeria

💡 Introduction

Ever set a savings goal like “I’ll buy that phone this year”…

…and somehow, your money disappears halfway? 😩

You’re not alone.

Most Nigerians struggle to stay consistent with saving for big goals — especially when life gets in the way.

But here’s the good news:

PiggyVest’s Target Savings feature helps you break big goals into small, achievable savings — and keeps you on track automatically.

In this post, I’ll show you:

1. What PiggyVest Target Savings is
2. How to use it step by step
3. Real savings goal examples (rent, phone, laptop, travel)
4. How to earn interest while you save
5. And how to get ₦1,000 free when you sign up!

🎯 What Is Target Savings on PiggyVest?

Target Savings is a PiggyVest feature that lets you:

Set a specific savings goal (like ₦200K for rent)

Choose a deadline to reach that goal

Decide how much to save daily, weekly, or monthly

Save automatically or manually

Earn interest as you go

It’s like a personal savings challenge — but smarter, automated, and more rewarding.

💼 Real-Life Examples of What You Can Save For

Here are common goals people use Target Savings for:

Goal Target Amount Duration

Rent ₦300,000 10 months

Laptop ₦250,000 8 months

iPhone ₦450,000 12 months

Travel/Visa ₦600,000 1 year

School Fees ₦150,000 6 months

Instead of stressing or borrowing later, you can save a little regularly and build up your goal — stress-free.

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🛠️ How to Set Up a Target Savings Goal (Step-by-Step)

1. Log in to your PiggyVest app

2. Tap “Savings” → then “Target Savings”

3. Click “Create a New Target”

4. Fill in:

Name (e.g., My Rent 2025)

Target amount (e.g., ₦300,000)

End date (e.g., March 1, 2025)

Contribution frequency (daily, weekly, monthly)

Auto-debit ON (recommended)

5. Choose if it’s private or public

6. Hit “Create Target”

That’s it! PiggyVest will handle the rest — including reminders and interest calculation.

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📈 Can You Earn Interest with Target Savings?

Yes! 🚀

Your Target Savings earns up to 8% interest per year, paid monthly.

So not only are you building discipline — your money is growing passively.

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🧠 Pro Tips to Maximize Target Savings

Start small but stay consistent — ₦500/day adds up

Set up auto-debit so it saves without you thinking

Create separate goals (e.g., Rent, Birthday, Christmas)

If your income is irregular, use manual deposits instead

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🎁 Get ₦1,000 FREE When You Sign Up

If you're new to PiggyVest, you’ll receive a ₦1,000 welcome bonus when you sign up using my referral link and fund your account.

🟢 Click here to join PiggyVest and get ₦1,000 »

(Replace with your actual referral link)

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🔚 Final Thoughts

Big goals feel overwhelming when you try to achieve them all at once.

But PiggyVest Target Savings breaks them into daily wins — and helps you stay committed, even on a tight budget.

If you’ve ever said “I want to buy XYZ this year”, don’t just talk about it.

Start saving for it — intentionally.

👉 Join PiggyVest today and create your first target »

Your future self will thank you.