A price increase has been made for Startimes Bouquet subscriptions. News of this had been circulating for a while. This updated pricing will take effect from the 1st of April, 2023. To avoid any confusion, this is to notify the general public about the updated pricing and the date this will become effective.

Please note there has been an adjustment to Startimes’ package pricing, which takes effect from Saturday, 1st April, 2023. This affects the prices of Antenna: (DTT) and Dish: (DTH) subscription packages and thus, we have updated our pricing.

Prices for Antenna: (DTT) and Dish: (DTH) subscription packages have been adjusted upwards as follows:

Startimes Bouquet subscriptions price list


Customers who subscribed to Antenna: (DTT) and Dish (DTH) before Saturday, 1st April, 2023, will not be affected by the revised pricing and will continue to enjoy the same package at the same rate. However, any new customers after this date, will be subject to the new pricing.

Moreover, with the new pricing, customers can be sure to receive the highest quality of service and entertainment. As a result, customers can be confident that they are getting the best value for their money.

Those who wish to change their package will be able to do so with the new pricing structure. Existing customers will continue to enjoy the same benefits.

New customers will be able to take advantage of the new pricing structure and will be able to choose the package that best suits their needs. All customers will be able to enjoy the same benefits, regardless of the package they choose.

Startimes Bouquet subscriptions have increased. You definitely want to ensure you are paying on the right platform and getting immediate value. That platform is VTpass. We offer bill payment services for airtime and data transactions, TV subscriptions, electricity bills, education bills, and insurance. You get superfast payment processing and instant delivery of your products.


An Application Programmable Interface (API) is a set of clearly defined methods of communication between various software components. Most tech companies build APIs for internal use and for external consumers. A typical example is your Uber application where you have Google maps for navigation, Uber and Google are two different companies however Uber is leveraging Google Maps APIs to service their customers.

An API ( Application Programming Interface ) is a collection of features that details data interaction between applications. The two important parts are the services being provided and the protocol needed to access these services. On the web, APIs are used to request or send data to any platform that supports it. Business can build their solution around Vtpass API to provide services to their customers.

What sort of architecture does Vtpass API uses?

A RESTful API is an architectural style for building APIs that follows a set of guidelines for creating HTTP services. These API’s are flexible,, and easy to maintain. A RESTful API uses a stateless protocol, meaning that the server does not store any information about the client. This makes it easier to scale and maintain, since the server does not need to keep track of any data about the client. Additionally, it follows the principles of Representational State Transfer (REST), which is an architectural style that focuses on the design of the client-server interaction. This makes the API more efficient, as the client and server can exchange data quickly and easily. Vtpass API is built using this protocol.

The VTpass API is a RESTful API that allows you to integrate bills payment services available on the VTpass platform on your application. With the VTpass API, developers can easily access payment services such as Airtime, Data, Electricity and Cable TV subscription, etc. and securely process payments. This integration allows users of your application to conveniently pay their bills without having to leave your platform.

Integrating the VTpass API

First, create an account on Vtpass Sandbox. A sandbox test is an environment that enables users run a test file or a programme code. All tests are done on the Vtpass sandbox environment. There is no malicious Because testing environments are completely separate from production environments, sandboxes are useful for testing software changes before they go live. This account will be used for all your tests. It has a default wallet balance which will be debited for transactions just like in the live environment. This would allow you to run operations in the same manner as on the live environment.

Vtpass Live Environment

After completing a successful test on Vtpass Sandbox, and it is time to create a live environment. Register on the VTpass live platform, then request API access from our support team once you have your live parameters.

Who Can Use Our API?

Anyone! Well, not really anyone, but almost anyone. As long as you have a website, you can easily integrate our JAMB e-PIN API and thereby gain access to it. When you integrate, you are able to offer the same services to your own customers directly from your website. This is great because it means you are offering your customers more value.


And if you want to do bigger things as an IT brain, you can integrate’s API into your website or application and begin to sell any of these services to those in contact with your website or app. What this means is that you get to resell such services as 9mobileMTNGLO Airtel airtime and data subscriptionselectricity bills for almost all electricity distribution companies, educational payments such as WAEC Scratch Cardcable TV subscriptions and so much more. And if you are not the technical specialist, but you have a website through which you can sell our services, you can consult your web developer or programmer who will, in turn, visit our website or consult our support centre and make you a retailer of our services.

And if you are not the technical specialist. But you have a website through which you can sell any of our services. You can consult your web developer or programmer. The programmer will, in turn, visit our website or consult our support centre. And make you a retailer of our services. But the first step is logging into and trying your hands on the services we sell such as phone airtimeelectricity billsdata subscriptions, DStvStartimes and GOtv subscriptions and so on.


The World Bank Group considers financial inclusion a key enabler to reduce extreme poverty and boost shared prosperity. Fintech is key to financial inclusion which will open up banking services to all and sundry. Fintech has the potential to make banking services more accessible to those who would otherwise not have access to them. It can help to reduce the cost of financial transactions. It makes it easier to access credit, savings and other financial services.

The primary goal of financial inclusion is to ensure that unbanked and underserved individuals and communities have access to useful and affordable financial products and services that meet their needs –payments, collections, credit, savings and insurance – delivered in a sustainable and responsible way.

A look at the opportunities for financial inclusion

Financial inclusion is essential to the community’s progress as access to monetary touchpoints facilitates day-to-day living, and helps families and businesses plan for everything from short-term goals to long-term goals and unexpected emergencies. As account holders, people are more likely to access other financial services, such as credit and insurance. This is to start and expand businesses, invest in education or health, manage business risk, and weather economic shocks. This can improve their lives.

In Nigeria, financial inclusion has spread across Nigeria over the past few years. This includes job creation, Foreign Direct Investment, private sector innovation, and a push to open low-cost accounts, including mobile wallets and digitally-enabled payments.

Impact of Financial Inclusion on the Nigerian Economy in the Last Five Years

Employment: The World Bank Group considers financial inclusion a key enabler to reduce extreme poverty and boost shared prosperity. This view can be deemed credible based on its effect on the Nigerian economy. According to the Shared Agent Network Expansion Facility (SANEF) there are 1.4M number of financial access points/Agents nationwide. This translates into employment opportunities for over 300,000 Nigerians (excludes operators – MMOs and Super Agent employees). The employment opportunity covers a wide mix of agents, agent aggregators, agent shop handlers, licensed MMOs and their employees as well as licensed Super Agents and their employees.

Financial service touchpoints: To bridge the gap between unbanked citizens and financial services, financial service touchpoints are important. Financial Inclusion has brought to fruition the availability of financial services touchpoints in areas/locations previously unreached and deemed under-served communities. There has been growth in the number of agent touchpoints and volume of banking inclusion services such as POS cash out, G2P Disbursements and payments (e.g. Tradermoni, GEEP etc.), funds transfer and wallet creation in under-served or rural communities. These have improved these communities’ economic development.

As a result, investment in advertising and brand identity has increased. The huge investment in this area has created an avenue for state governments to earn internally generated revenue from operators and agents alike. However, this poses a disincentive for Super Agents & operators as it impacts startup capital and agents’ available trading capital respectively.

Foreign Direct Investment (FDI):

There is growing evidence that inclusive financial sector development can reduce poverty and inequality. When previously unbanked citizens save and

By mobilizing these savings for investments, banks and other financial institutions mobilize these savings for investments that, in turn, help grow the country’s productive sector and spur foreign businesses. In addition, Nigerian Fintechs in the digital financial services space have received multiple rounds of funding and seed capital through foreign direct investments. This has been done by donors and investors across the globe in the past five years.

International donor organisations e.g. Bill and Melinda Gates Foundation also drive Foreign Direct Investment through their partnership with EFInA to sponsor projects on raising financial inclusion rates across the country.

All these highlight the potential and need for a wider-scale promotion of financial inclusion for Nigerian society.

Financial inclusion is key to providing financial services to the unbanked.

Harnessing the Buying Power of the Financially Excluded

Financial inclusion has as much potential to help financial institutions lend to even poorer communities and reach rural clients. This is as they do to help commercial banks reach the lower middle class.

Only 40.1 million of the adult population have no access to formal or informal financial services. Mobile money uptake and awareness in Nigeria remain low at about 1% and 16% respectively. In addition, EFInA Access to Financial Services in Nigeria 2018 Survey highlighted that out of the 100M bankable adult population in Nigeria, 39.7 have bank accounts, 8% have formal sector employment, 16.7% own business (non-farming), 11.2% own business (farming), 23.4% rely mainly on farming for income and about 53.4% save regularly.

Based on this data, we can broaden our understanding of the population of adults who do not have access to any financial service (formal or informal) in Nigeria, their savings and credit patterns, remittance behaviours, payment channels and their potential to use formal financial services to manage their finances.

We can say that the financially excluded have enormous buying power. Based on economic and social metrics, transactions from this segment are low value and high volume.

Harnessing buying power of the unbanked

Deployment of products & services that meet the lifestyle of the unbanked and rural dwellers: Despite limited access to banking services, Nigerians have long practised traditional

This unbanked sector also relies on micro-loan services from credit associations that serve their interests. By offering access to the financially excluded, they have additional access to a wider range of services. This can boost the collective standard of living in those rural communities. This can improve financial literacy and awareness.

Retail-based pricing considerations: Inefficient pricing isolates consumers who would otherwise sign up for a product or service. This is especially true for the financially disadvantaged who earn below minimum wage. By ensuring retail prices for financial services and other products are pocket-friendly, it would encourage customer loyalty and repeated use of the available services.

Deployment of Technology-driven Solutions:

As history has shown, technological innovations are one of the major drivers of economic adoption. For example, USSD is a mobile-based service that requires no onboarding for users and has gained widespread adoption. USSD offers the best available communications technology to deliver mobile financial services to low-income customers. This shows how technological adoption drives financial inclusion.

In addition, research from other countries where mobile money adoption is high has shown a positive correlation between increasing mobile money adoption and significant levels of formal financial inclusion. In Nigeria where the financially excluded population remains high at 40.1 million adults, an expansion of mobile money adoption and usage in the country presents a real opportunity to provide the poor with access to financial services as well as other social benefits and 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.

The Steps to Follow When Paying Your Electricity Bill Online on Vtpass

Electricity bill payment should not be a daunting task. Making the payment process easy, fast and secure is essential to ensure a smooth experience. By offering convenient payment options, such as online payments, direct debits and automated payments, customers can save time and money.

There are eleven electricity distribution companies in Nigeria, including the Ibadan Electricity Distribution Company. This company is licensed to generate electricity in Oyo, Osun, Ogun, Kwara, as well as parts of Niger, Ekiti, and Kogi states. Eko Electric covers electricity across Apapa, Lekki, Ibeju, Island, Agbara, Ojo, Festac, Ijora, Mushin and Orile. Abuja Electricity Company is licensed to provide electricity for the Federal Capital Territory (Abuja), Kogi State, Niger State, and Nassarawa State. Other DISCOs include PHED, JED, KAED, EEDC, BEDC among others.

Electricity bill payment billers

With Vtpass, you can now pay your electricity bills without leaving your home. This means you no longer have to queue up at the office for long hours. And what’s exciting? Vtpass works 24/7 so you can pay your electricity bills during odd hours of the day.

You’ll also have access to your payment history to track your expenses. Vtpass makes bill payments easier and faster, so you can focus on more important things.

How To Pay Your Electricity Bills in Five (5) Steps

  • Register to be a user on the Vtpass platform either using the mobile app or the website.
  • Select your preferred disco – we currently have 10 out of 11 available in Nigeria.
  • Input your information correctly – meter number, meter type, phone number, email address and amount.
  • Proceed to payment. This process is safe and quick.
  • Get your units (for prepaid users) or a receipt (for postpaid users) once payment is completed.

Immediately after your payment is complete, your token will be sent to your email and SMS.

That’s it! No more electricity worries when you make VTpass your electricity bill payment platform.

To end this, bills payment with is super fast, easy and very convenient. In addition, you get 24/7 access to our support team to help you through any glitch you might have. Why don’t you try us today?

You’ll love the convenience.

Your guide to downloading and using the vtpass app

Here at Vtpass, we are more concerned about accessibility and convenience. That’s why we created a mobile app that makes your transactions even easier. You’ll also learn how to download the Vtpass App and how to use it for bill payment among others. The mobile app was not designed to cover a defect in the website platform. It was created to create another form of experience.

How to Download the VTPASS Mobile App

Now that you know what you’ve been missing out on, you just have to download the app. The vtpass Mobile app is available for both Android and iOS, so everyone can use it.

VTPASS Mobile App for Android

  1. Simply visit the Google Play Store
  2. Tap on the search icon on top of your screen and type “VTPASS”
  3. Select the first app in the search results
  4. Tap ‘INSTALL’
  5. Once the installation is complete, tap ‘OPEN’ Or alternatively click this link to go directly to the app on the Google Play Store.

Take advantage of easy utility payments by downloading our app.

Vtpass Mobile App for iOS

  1. Visit the App Store
  2. Tap on the search icon on the bottom of your screen and search for “VTPASS”
  3. Select ‘GET’ on the first result displayed
  4. Once the installation is complete, tap on “OPEN”

Or alternatively, click this link to go directly to the iOS App Store app.

Proceed to enjoy utility payments by making a purchase using the app.

You have swift, one-tap access to paying your bills.

Bills payment with is superfast, easy and very convenient. In addition, you get 24/7 access to our support team to help you through any glitch you might have. Why don’t you try us today?


The Vtpass brand prides itself on providing exceptional customer support and representation. In the event that you need assistance from a Vtpass Support Representative, you can be assured that you will get it immediately. Vtpass has one of the most active support teams and the team is always ready to answer all the questions you may have. Vtpass customer support is available to help you across all online and offline touchpoints; this article highlights all official platforms available to reach out to the Vtpass team. They are always willing to listen to feedback and take the extra mile to ensure that our customers are satisfied with the services they purchase.

Nonetheless, we have compiled an updated list of questions you might have about Vtpass’ services before reaching out to the support team. Click here to check it out, you’d be surprised that you may find answers to your questions within a few seconds. We encourage you to check out this article and reach out to us using the method that is most convenient for you if you have specific questions. You can always count on us for assistance. 🤗

Reach out to Vtpass on Instagram

Contact us via Twitter

Message Vtpass on LinkedIn

Reach on Facebook

Send a mail to Vtpass

Live chat on the Vtpass Website

Reach Out to Vtpass on Instagram

How much do you love Instagram? It’s the same for us. 😊 Our Instagram content aims to educate and entertain our customers at the same time, so we put effort into it every day. We post carousels, reels, regular posts, videos and update our stories with relevant content. You will definitely love it!

Our team is available around the clock to help resolve issues and complaints.. Simply send us a DM on Instagram. Our official handle is @vtpass. You will enjoy scrolling through the feed and moving towards your financial goals. Our team is always ready to help, so don’t hesitate to reach out – you’ll get a response quickly! Direct message us on Instagram @vtpass and start achieving your financial goals today.

Contact us via Twitter

On Twitter, we share relevant information about our products, give updates and even express our thoughts on relevant trends from time to time. And yes, our support team responds to all direct messages sent on Twitter within record time. This helps us build a strong connection with our customers, create an engaging community and ensure optimal customer satisfaction. By staying active on Twitter, we’re able to keep our customers informed about our products, services, and any changes that may be taking place. We also encourage conversations that help us learn more about our customers and their needs. This has enabled us to build trust and establish ourselves as a reliable source of information.

Our official Twitter handle is @vtpass. Click here to send us a message, follow and turn on notifications to ensure you do not miss out on upcoming updates and fun conversations with us. Additionally, like and share our posts to spread the word and help us grow our community!

Follow Vtpass on LinkedIn

We have established a professional backdrop on LinkedIn.

We share fabulous stories about our work culture on LinkedIn. You should follow us to confirm that we are not a regular company. Our stories and articles are written to show how our company is different from other companies in terms of values, transparency, and collaboration. We believe that if you follow us, you will get an insight into the unique culture we have created. 😉

On LinkedIn, you can’t send messages as the platform doesn’t provide an option to message a business. But you can hang around, and understand how we operate as a business.

Click here to check us out on Linkedin

Reach out to us on Facebook

Our commitment to you transcends borders and boundaries. We want you to find us easily, so we made it to Facebook as well. You’ll find helpful information on our Facebook page and also reach out to our support team ready to attend to your enquiries.

Visit @Vtpass on Facebook or click here to find us on Facebook right away.

Call or send a mail to Vtpass

Have enquires? Shoot us a mail at Your complaint or enquiries will be resolved immediately, and a feedback promptly. And if you prefer to reach out to us via phone call. You can reach us on +2349087482377.

Live chat on the Vtpass website

If you log on to the Vtpass website, locate message icon at the bottom left of your screen. Click on that little icon, and a conversation box will pop up immediately.

Vtpass support via live chat on the website

Here, you have a chance to reach out to our customer support representative who are always online 24/7 to attend to you. Alternatively, you can check out the knowledge base where you can learn some reasons why you are having that issue.


You may receive a call from a Vtpass customer service representative regarding a transaction. In cases such as this, we urge you to properly question the agents in order to confirm that they are indeed Vtpass representatives. Once again, your satisfaction is our utmost priority and we will never fail in ensuring that you get the highest quality customer service representation.


A gen Z using data and airtime

The first part of this blog post will look at the difference between Gen and a millennial. A millennial is someone born between 1981 and 1997, while a Gen Z is someone born between 1998 and 2005. You would be wrong to assume that age is the only difference between a Gen Z and a millennial. Other factors contribute to the difference between these two categories of people. And this post will zoom in on one of these factors – SPENDING HABITS. We will carefully examine how a Gen Z uses airtime and data as compared to how a millennial would.  

Note: This post may be slightly biased, because the author is Gen Z. Happy reading


This post will provide insight into the internet culture of both generations. The basic assertion is that Gen Z were born into the boom of the internet. They have been exposed to the internet, smart phones, and advanced technology systems from a very early stage. Gen Z are the first generation to grow up with the internet and its associated technologies, allowing them to better understand the internet culture of both generations. Millennials, on the other hand, grew up without the internet and had to learn the technology and its associated culture. They have a different relationship with technology and the internet. This has helped them understand it as something that can be used for both good and bad. This generational difference has created a unique culture when looking at internet usage between the two generations.

There are lots of internet cultures that would be attractive to Gen Z, rather than millennials. In light of the growing trend in video content on Instagram and TikTok. While some millennials may be more pragmatic in internet usage, Genz’s are known to be exorbitant on social media. Gen Z is known to be more creative and experimental with their internet usage, preferring to make their own content rather than just consuming what’s already out there. They’re also more likely to engage with new platforms and trends, such as video content on Instagram and TikTok, which have become hugely popular in recent years.


It is also pertinent to note that Gen Z are creators, rather than consumers of internet content. Gen Z are often considered digital natives because they have grown up with technology and have the skills to produce content and use the internet more effectively. This is compared to their older counterparts. They are also more likely to be involved in creating and sharing content online, rather than just consuming it. On this end, Millennials are largely consumers of content on the internet. Millennials go to the internet to consume content created by their younger counterparts.

What a difference a few years makes. When we first started delving into the buying habits of Gen Z and Millennials, we found millennials to be pragmatic, focused on saving money, and wanting brands to constantly innovate. Gen Z, on the other hand, were idealistic, willing to pay more for experiences, and committed to their favorite brands. They are now more focused on sustainability and ethical companies and are more likely to purchase from brands that share their values.


Let’s examine this issue from a fresher perspective. A millennial is more likely to connect to friends and family via voice call.  They also generally prefer the convenience of making a quick call rather than typing out a long message. This is in direct contrast to the habit of Gen Z who would rather engage everyone through the internet. In essence, Gen X would consume more data, while millennials will use more airtime in  their communication process. 

Under the age of 25, Generation Z — or “digital natives” — grew up with smartphones and the internet. Gen Zers account for almost 40% of mobile users, and they’re the biggest consumers of video content. A report from Awesomeness found that up to 71% of Gen Zers go to YouTube for long-form content, while up to 75% use Snapchat to connect with their peers. ,

In another study, perhaps an opposing opinion, roughly 93% of Millennials used a mobile phone in 2012 and among that about 63% used smartphones. Millennials also have the highest penetration of Internet usage, with 93% of Millennials using the Internet. Millennials are more likely to own a smartphone and be connected to the Internet than any other generation. This could be because Millennials are more likely to be digitally savvy and have the financial means to invest in the latest technology. 


This commentary does not intend to judge either generations on their internet behaviours. This seeks to provide insight into the behaviour of both millennials and Gen Z towards internet data and airtime usage. It is important to understand the differences between the two generations in order to understand how their behaviours may evolve over time, and how the internet and mobile technology may shape our lives in the future. By understanding their current behaviours, we can more accurately predict their future behaviours and how it may affect our lives.

It is important for fintechs like Vtpass to understand the spending habits of their customers. This provides insight into how frequently these customers spend. The rate at which each generation recharges their phones will automatically differ, and how they spend will be different also. Knowing this information helps fintechs to tailor their services to the needs of their customers. This will also help them target their advertising and promotions more effectively. It also allows them to better understand their customer base, so they can find ways to increase customer loyalty and engagement.

Meanwhile, Gen Z’s and Millennials use Vtpass to buy airtime and data for airtel, mtn, Glo and 9mobile. Use Vtpass to pay postpaid electricity bills and purchase prepaid metre tokens of all your  preferred distribution companies.  


A bulb depicting how we can save on electricity bill

Power consumption is one of the many ways we preach economic prudence. We often preach that finances should be adequately managed, and electricity bills are skyrocketing these days. It has therefore become paramount to save on electricity bills. Not only are electricity bills skyrocketing, but other aspects of our financial obligations are also rising. To ensure economic stability, it is essential to be mindful of our electricity consumption. As a result, it will not only save us money, but could also benefit our overall financial health. This articles explores ways that one can save on electricity bills.

There are a few ways you can lower your electricity bill in this article.

The average per hour data of Nigeria’s Electricity Consumption was reported at 2,885.450 MWh in March 2022. 

1. Buy energy-efficient bulbs: – Energy-efficient bulbs use less electricity than traditional bulbs and can last up to 10 times longer, saving you money on your electricity bills. Additionally, they help reduce greenhouse gases and other pollutants associated with electricity production.

2. Switch off the lights when not in use:- Not only will this help save energy, but it can also help to prevent the bulbs from overheating. Additionally, by reducing your electricity consumption, you can help reduce your carbon footprint and benefit the environment.

3. Reduce the use of fans:

Fans can consume a lot of energy and are inefficient. Furthermore, they can cause the air to become too dry, which can be very uncomfortable. By reducing the amount of time you opt for more natural ventilation, you can lower your energy consumption.

4. Your refrigerator is a big deal: Refrigerators are major energy consumers, and the more energy efficient models will help you save money in the long run. Plus, they can help regulate the temperature in your home. This allows you to maintain a comfortable environment and minimises the need for fans and other energy-consuming appliances.

5. Consult power management experts: Power management experts can assess your home’s energy usage. They can also provide recommendations on how to increase energy efficiency and reduce energy consumption. This can include replacing older appliances with energy-efficient ones, using energy-saving strategies, and utilising natural light.

6. Use solar panels: Solar panels can reduce energy costs by harnessing the power of the sun and converting it into electricity. This can help to reduce electricity bills and help to minimise your carbon footprint. Installing solar panels in your home is another efficient way to cut the cost of electricity. Lagos receives about 1,885 hours of sunlight a year.

To bring this to an end

If you are intentional about saving on your electricity bill, take some time to go around your home and note the appliances that consume the most power. Unplugging what is not in use could go a long way to not only save energy but ultimately save some of your monthly expenses on power. It has therefore become paramount to save on electricity bills.

You can buy airtime and data, pay other TV subscriptions and electricity bills, buy insurance covers and pay education bills on VTpass. Most importantly, all while offering you a variety of payment options. Meanwhile, you also get immediate value.


a picture showing budgeting as a means to success


Budgeting is the first step to financial success. Oftentimes, we’ve heard people talk about how a certain commodity isn’t in their budget, and so they can’t afford to buy it. This drives the quest to fully grasp the concept of this economic terminology. Every individual’s goal is to be able to afford whatever he wants. In understanding people’s attitudes toward financial goals, the following assumptions about humans are true. This general attitude guides their approach to making and spending money.


  1. That man is a rational and social being. This indicates that humans possess the mental capacity to reason and think, which enables us to perform a variety of cognitive tasks such as concept formulation, assessment of ideas, and reasoning. 
  2. A need is a requirement for functioning and existing. Wants are anything that enhances the quality of your life.
  3. A person’s income must be greater than his expenses. If the reverse is the case, it is highly detrimental to the financial well-being of the individual.   
  4. A person must instill healthy habits to get the best out of budgeting.


This concept of personal income can be defined as all the earnings an individual makes over a period of time. Personal income comes from salaries, investments, and other assets the individual has acquired over time. Income generally refers to the value or sum an individual and business earn in exchange for their labor and goods.

There are basic expenses that an individual must pay at all times, and these are called cost of living expenses. The cost of living expenses might differ from person to person depending on lifestyle, choices, and family size. The common cost of living expenses includes feeding, rent, clothing, taxes, education, transportation, etc. 

To further break these two concepts into bits, income is money coming in, and expenses are money going out. Every individual’s goal should therefore be to maximize income while minimizing expenditure. Understanding these two concepts helps individuals project their financial standing and plan toward their goals.


Personal finance is mostly relative to the individual’s mindset, choices, and lifestyle. Certain individuals have no financial projections, nor do they have goals.  Having a financial plan is just like intending to have a fit body, and then taking steps to cut down on unnecessary junk food and registering at the local gym. In the same way, you plan for your social lifestyle, and physical body, this same energy should be directed toward your finances. 

Financial planning is a methodical process whereby a person makes the most of their financial resources by managing their money wisely to best meet their financial goals and objectives. We all know the health implications of eating too much, so we pay attention to what we eat and how we eat it. Likewise, you should also pay attention to the implications of spending more than you earn. A financial heart attack, including debt, bankruptcy, and a lifetime of bad credit, may result from continuously spending more than you make. A personal financial plan functions as a financial diet plan.


A budget is an economic concept; governments, companies, and individuals use budgets to estimate their income and outlays for a given period. Budgets are essentially plans for a specific period and are known to increase the success of any financial endeavor significantly. 

The objective of a personal budget is to minimize expenses and maximize savings. You can use the additional money you save by reducing your less-needed expenditure and raising your savings rate toward significant long-term financial objectives. Budgeting is essential if you want to control your spending, be ready for unforeseen circumstances, and be able to afford your needs without falling into debt. It doesn’t have to be tedious, you don’t have to be brilliant at arithmetic, and keeping track of your income and expenses doesn’t mean you can’t buy items that you want. It simply means that you will be more aware of where your money is going and that you will be more in control of your finances. 

The concept of budgeting is not to make you feel bad after spending. The goal of budgeting is to ensure you can save some money each month, ideally at least 10% of your total income, or at the very least, to ensure you are not spending more than you bring in.

. To successfully create a personal budget, you must first meticulously track your income and expenses. Making a budget is simple once you keep track of your money. Your expenditure is far more difficult to identify or track. You may start the crucial process of classifying all your income and spending once you have a complete list of all your bank deposits, outgoing checks, and transfers.

Having the right attitude toward money is the backbone of having a budget. 


The following steps will take you to a healthy financial budget   


Your net income serves as the cornerstone of an efficient budget. Your take-home pay is the sum of your income less tax, including other benefits. Focusing on your gross pay instead of your net pay may cause you to overspend because you will believe you have more money accessible than you have. Keep thorough records of your contracts, and compensations if you are a contractor or a freelancer to manage erratic revenue. 


Finding out where your money is going comes after determining how much money you make. This will help you cut costs by keeping track of and classifying your expenses. List your fixed expenses first. These are typical monthly expenses like utility bills, rent, and so forth. Next, make a list of your variable expenses, which include things like groceries, transportation, and feeding, among others, and could differ from month to month.


Make a list of short-term and long-term financial goals. Short-term goals which can be completed in one to three years might include actions like creating an emergency fund or reducing debts. Long-term goals take years to accomplish. Although your goals don’t have to be unchangeable, knowing what they are can inspire you to keep to your budget. For instance, if you know you are saving for a vacation, it might be simpler to reduce spending.    


The difference between what you spend and what you wish to spend is where everything comes together. To estimate your spending over the next few months, use the list of variable and fixed expenses that you have established. Contrast it with your net income.  Consider creating direct and clear spending limits on each category.

You could decide to further segment your spending by dividing it into wants and needs. For example, petrol is considered a need if you will commute to work in your car every day. On the other hand, an online movie subscription might be considered a want. When you’re looking for strategies to reroute money toward your financial goals. This distinction becomes crucial.   


All items in your budget may not be certain. For example, your expenses might change, you might get a salary increment, and you might reach a goal and want to set a new goal. Whatever the reason is, establish the practice of routinely reviewing your budget by using the preceding procedures. 


Knowing your monthly income and expenses will help you to endure that your money is being used for the best. A budget can help people who have a good salary and enough money left over after paying all expenses to maximize their savings and investments.

Any budget should concentrate on identifying and categorizing all expenses that happen during the month, quarter, and year if one’s monthly expenses normally absorb the majority of net income.

To end this, bill payment with is superfast, easy and very convenient. Just a few clicks and you’re done. In addition, you get 24/7 access to our support team to help you through any glitch you might have. Why don’t you try us today?

Paying Electricity Bills Online: Expectations vs. Reality.

Paying electricity bills online can be a convenient and cost-effective way to manage your bills. However, it can also be unreliable and difficult to navigate. Issues can arise with logging in, payments not going through, and not receiving confirmation emails.

Paying bills online has come to stay. Paying bills online is becoming increasingly popular as it is a convenient, time-saving way to manage your finances. It is a trend that is gaining more and more traction as technology advances. This is because more people are getting comfortable using internet services to make payments for various goods and services. With the added security features available, it is not surprising that paying bills online has now become the new normal. 

Paying electricity bills online on Vtpass just got more convenient.

For instance, many financial institutions offer their customers the ability to set up automatic payments. This allows their customers to ensure that bills are paid on time without having to manually submit payment every time.


Customers have come to expect fast and reliable online bill payment options that are easy to set up and use. These technologies have made it possible for consumers process payments quickly and securely. And they also have helped to build trust between financial institutions and their customers. 

Online billing platforms have made it much easier for customers to pay their bills on time and with confidence. Customers can get electricity tokens easily by going online, which eliminates the need to travel to a payment point. This has made it much more convenient for customers to pay their bills without any disruption.

The reality of paying electricity bills online is that it has made it much simpler and more secure. Customers can now pay their bills with just a few clicks, without having to worry about dealing with cash. Plus, they can be sure that their transactions are secure and their money is safe. Additionally, customers can take advantage of discounts, promotions, and other offers that are available for those paying their bills online.


The experience is similar to ordering groceries online. It’s a convenient and secure way to get the things you need without ever leaving the comfort of your home. Plus, customers can shop from anywhere, anytime, and have their order delivered within days – or sometimes even hours. It also eliminates the need to wait in line at a store or worry about parking or other hassles.

The advantage of paying electricity bills online is that it is quick, easy, and secure. Customers can view their bills and make payments from the comfort of their homes. Plus, the online payment process is often more secure as it uses encryption technology to protect customer data.

The disadvantage of paying electricity bills online is that not everyone has access to the internet. Which makes it difficult for some customers to pay their bills. Additionally, customers may not be comfortable making payments online due to security concerns. 

Security concerns about online payments include the risk of identity theft, the use of malicious software, and the possibility of hackers accessing financial information. These risks can deter customers from making payments online, especially if they are not familiar with the process.

They should also be able to verify the legitimacy of the website they are using before entering their financial information. Furthermore, customers should check for signs of security such as a lock icon and ‘https’ in the website address when paying for services online.


In Nigeria, paying electricity bills online is becoming a reality, with several websites offering customers the ability to buy their bills digitally. To help customers feel secure when paying their bills online, legitimate websites often feature encryption and other security measures.

To ensure customers feel safe, Vtpass has invested in a range of encryption and other security measures to ensure their payments are made securely. Not only this, but our customers can be sure to get value for whatever they pay for. Tokens are delivered immediately payment is confirmed, and can be reserved for up to 90 days. To top it all off, Vtpass provides a 24/7 customer service team on hand to answer any queries and provide a helping hand, so customers can be sure that their needs are taken care of.

As always, VTpass remains the number 1 bills payment platform that offers you seamless payment and swift delivery of the value for which you pay for. This is one of the tools we have built in place to aid you always get prompt value, irrespective of any irregularities that may arise.

In conclusion, bills payment with is superfast, easy and very convenient. Just a few clicks and you’re done. In addition, you get 24/7 access to our support team to help you through any glitch you might have. Why don’t you try us today?