Earning a salary isn’t enough in your journey to financial freedom. Every project needs a plan; your financial goals also needs a concrete plan. If you want to fully realise your vision for your financial plan, you need to map out a plan to make that happen. This includes setting goals that identify and establishes your priorities.

Your financial goals on an upward growth scale

In order to achieve financial independence, earning a salary isn’t enough. Every endeavor necessitates a strategy, and your financial plan is no exception. If you want to completely fulfill your financial goals, you’ll need to create a plan to get there. Setting goals that identify and establish your priorities is part of this process. After payday, it’s common for people to need to settle their bills. But how often have you sat down to thoroughly predict your future earnings long-term?

You have to set some financial goals if you want to take charge of your money and live a more financially secure life. Not only setting these goals, but you also have to put in measures to achieve them. Financial goals assist you in making sound financial decisions, directing your spending, and reducing resource waste.

Your financial objectives may be short-term, ranging from one month to two years; they are targets that you can reach in a short period of time. Long-term objectives are similar to short-term objectives in that they require 5 to 20 years to attain. They are the most important goals for you, and they will take the most time and commitment to achieve.


  1. Write it down: 

As Michael Korda wrote, ‘write it down. Written goals have a way of transforming wishes into wants; can’t into can, dreams into plans; and plans into reality. Don’t just think it- ink it’. 

You may have wished to save more money at the end of the year, but writing it down just adds another dynamic to your wish. Be specific with the details and action. If you want to have N1, 000,000 in savings at the end of the year. Be specific about your targets, and include the sub-metrics necessary for achieving that goal.
Putting your goals in writing causes you to be more focused and clearer. Those goals become tangible, and you also have a visual cue of them in your head. The first step to achieving any goal in life is to write it down. 

YOUR Goals must be SMART:

Your goals also have to be SMART; Instead of saying ‘I want to have plenty of money in my savings at the end of the year, write instead í will have saved N15,000,000 before 31st of December, 2022 by saving N2,000,000 every month through the end of the year’. The difference between the two statements is that the latter is SMART, while the former is not. The latter one is time-framed; there is a specific date that the goal must be attained, it is specific; the total amount to be saved each month, and also the total amount that must have been saved before the time was also stated. Likewise, your financial plan should be specific, measurable, attainable, relevant, and time-bound.  

Develop healthy financial habits:

As Jim Rohn wrote, ‘motivation is what gets you started, habit is what keeps you going.’ It is therefore important that you create habits that help you consistently stick to your financial goals. Unhealthy habits can throw you off course. So the only way to remain true to your financial project is to develop habits that align with your target. Some of the financial habits that you can adopt may include: 

  • To guide your spending, make a daily or monthly budget and stick to it.
  • Distinguish between wants and needs, and prioritise them. 
  • Engage in more productive financial conversations with people around you.
  • Reinforce your financial mindset by changing how you think about money. 
  • Eat fewer junks and cook more. 

Most importantly, bills payment cannot be neglected in your budgeting and financial goals, Vtpass offers you a convenient and affordable means of paying cable subscription, electricity bills, insurance and educational payment.


How To Locate Your PHCN Meter Number

This post helps you locate your meter number

The introduction of prepaid meters came as an enormous relief to most Nigerians who were tired of being charged outrageous bills. Prepaid meters are beneficial because they allow you to pay for electricity only as you use it. This eliminates the need for customers to pay for estimated bills, which often resulted in customers paying more than their actual usage. Additionally, customers can monitor their usage more easily and adjust their electricity consumption to avoid overspending.

By using the prepayment method, customers can now properly budget and pay their electricity bill before using it. This shift to prepayment has resulted in improved customer satisfaction and has given customers more control over their electricity consumption. As a result, customers have more confidence in their ability to manage their electricity bills.

Locate your meter number with ease
Locate your meter number with ease

Just like topping up your mobile phone with airtime, so is recharging your electricity meter. Likewise, you can only get electricity if you credit your meter.

Different types of prepaid meters

There are two main types of prepaid meters: key meters and smart card meters.

A key meter uses a special electronic key with your tariff information on it.

While a smart card meter sends the latest information to your supplier when topped up.

How to locate your meter number

Each prepaid meter has its unique ID which varies in length between 11-7 digits. The meter number usually contains numbers and letters.

Each meter number has been made very easy to locate as it is often seen above or beneath a barcode on your meter. Additionally, this allows the energy provider to accurately bill the customer based on their energy usage.

You can also find this on the front of your meter, engraved into the meter box or printed on a sticker attached to the meter box.

Anyone can now pay their electricity bills for both prepaid and postpaid meters on VTpass in a secure, easy and convenient transaction. Make payment for different electric areas on VTpass including Ikeja electric, Eko electric, Abuja electric, Portharcourt electric, Kano electric, and Jos electric.

Pay your electricity bills with VTpass

  • Visit ,
  • Click this to select your electricity area.
  • Enter your payment details and submit.

Remember that your correct meter number must be supplied when buying prepaid electricity.

Like our Facebook page, follow us on instagram, and twitter if this post was helpful. Use Vtpass for all electricity bills payment.


2023 have been a torrid year for Nigerians. Events hit an abyss when new notes were rolled out, and the federal government stopped the old naira notes from circulation. Wait, what?? Let us retrace our steps and examine where this declaration started from.

In October 2022, the Central Bank governor, Godwin Emefiele, announced the recall and redesign policy. This was to encourage a cashless economy, stave-off cash hoarding, and lower kidnapping rates and terrorism. The House of Assembly doubting the sanity of this decision, summoned the CBN governor to explain this policy. He was excused because he was away from the country on medical grounds and personal engagements. In his absence, Aisha Ahmed assured Nigerians that the naira redesign was not politically influenced. The implementation date was set for 31st January 2023.

Nigeria’s push to replace its paper money with newly designed currency notes has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to close across the West African nation, experts and business groups said.

African News, 2023.


This policy had negative results. Naira notes became scarce; the old ones were no longer legal tenders, while the new notes were not fully in circulation. A total mayhem ensued in society as a result. People couldn’t access cash and major businesses came to a standstill. This was due to the lack of preparation for the policy, and failure to put in place adequate measures to ensure that the transition was smooth. People and businesses were unable to access the cash they needed, leading to the chaos and disruption that occurred. Analysts accused authorities of poorly implementing the policy in Africa’s largest economy. where digital payment services are usually not reliable and only 45% of adults have a bank account, according to the World Bank.

Nigeria, like many developing nations, has a significant gap between the banked and unbanked population. According to a 2018 survey by the Enhancing Financial Innovation and Access (EFInA), only 36.8% of Nigerian adults have access to formal financial services. This means that the majority of the population operates on a cash basis, with no access to traditional banking services.

The recent cash scarcity in Nigeria highlights the need for bridging this gap between the banked and unbanked population. This has left many Nigerians stranded, with limited access to their funds. Without access to banking services, they are unable to access their funds, and this has caused them significant financial hardship. This highlights the need for financial inclusion initiatives that can bridge the gap between the banked and unbanked population.


However, technology can be a game-changer in this regard. Recently, financial technology companies have emerged in Nigeria, offering innovative solutions to address the gap between the banked and unbanked. These companies leverage mobile technology to provide financial services to the unbanked, allowing them to make payments, save money, and access credit.

One such company is Vtpass, which provides a mobile wallet that allows users to pay bills, and buy airtime. These fintech companies are disrupting the traditional banking industry by providing convenient, accessible, and affordable financial services to the unbanked population.

To bridge the gap between the banked and unbanked in Nigeria, there needs to be a concerted effort by the government, and fintech companies. The government can play a role by creating an enabling environment for fintech companies to operate. Further assistance could include providing regulatory oversight, and promoting financial education. Financial institutions can partner with fintech companies to offer digital financial services and expand their reach to the unbanked population.

In conclusion, the recent cash scarcity in Nigeria has highlighted the urgent need for bridging the gap between the banked and unbanked population. With the right partnerships and support from the government, fintech companies can help Nigeria move towards a more financially inclusive society where everyone has access to formal financial services.

Vtpass, as a fintech is ensuring that bills payment is simple, convenient and smart. Click here to pay electricity bills, recharge your cable TV, and buy educational pins.