“Japa” has become one of the hottest words in Nigeria today. Whether it’s for school, work, or a fresh start, more Nigerians are relocating abroad in search of better opportunities. But as exciting as it sounds, moving to another country no be beans o! You need proper financial preparation before you pack your bags and say goodbye to the motherland.
Here’s how to get your money right before you japa
Relocating costs money, plenty of it. From visa fees to flight tickets, accommodation deposits, tuition (if you’re schooling), and even initial living expenses.
You can visit the nearest Keystone Bank branch to open a dedicated relocation savings account. Make it sacred, no touching for aso-ebi, owambe, or Black Friday sales. Automate your savings if you can and try side hustles to increase your cash flow.
The naira vs. dollar/pound/euro fight is real. Exchange rates can be unpredictable, and a few digits can change your budget overnight. Start converting small amounts into foreign currency over time.
Consider opening a Keystone Domiciliary Account and get a Visa card to help you save and spend abroad with less drama. Make sure you use legit platforms for forex transactions. Shine your eye well o!
Before you go, try to tie up loose ends. Pay off debts, stop unnecessary subscriptions (yes, that gym membership you haven’t used), and inform your bank.
Leave a little buffer fund in a Nigerian account that you can access easily online, and nominate a trusted person to help manage things while you’re away (somebody that won’t ghost you when money is involved).
Don’t think your naira will do magic when you land. Everything abroad is structured and expensive. Your first few months might be financially tough, so plan well.
Prepare a First 3-Months Budget that covers rent, feeding, transportation, and basic shopping, and don’t forget to add “japa inflation” money on top!
Different countries, different money styles. Credit score, taxes, bills, and rent structures might shock you if you’re not ready.
Do your research ahead of time. Join forums, watch YouTube videos, or ask people already living there how money works. The more you know, the less you fumble.
Japa is more than a flight ticket and goodbye post on Instagram. Financial preparation is the real MVP. Plan with your head, not just your heart. Start with visiting the nearest Keystone Bank Branch to open a savings account to prepare you for the journey ahead.