In Zimbabwe’s ever-evolving economic environment, building wealth might seem like a distant dream for many. Inflation, currency volatility, and rising living costs can make saving feel like chasing the wind. But here's the truth: real wealth isn’t built overnight—it’s built slowly, intentionally, and sustainably.
At NMB Bank, we believe in empowering every Zimbabwean to build lasting wealth, whether you earn in ZWL, USD, or a blend of both. As your financial partner, we’re here to walk the journey with you step by step.
Why Build Wealth Slowly?
Gambling and Forex Trading are now rampant, but quick wins often come with high risks. Instead of chasing the next big payout, building wealth slowly is about:
- Making consistent financial decisions,
- Understanding your spending habits, and
- Leveraging the right banking tools and advice.
It's not about how much you earn, but how wisely you manage what you have.
5 Steps to Building Wealth Slowly the Zimbabwean way.
1. Start by Paying Yourself First
It’s tempting to spend first and save what’s left. Flip the script.
NMB Bank has a solution: Open a Savings Account that encourages disciplined saving. Before spending anything, transfer your savings funds from your Current Account and then go ahead with distributing your income to your needs and wants.
2. Budget Like a Pro
With price shifts, budgeting in Zimbabwe can feel like moving goalposts. But tracking your income and expenses helps you stay in control, even when costs rise, and adjust your lifestyle to your means.
3. Diversify Your Income (and Save the Extras)
Whether it’s selling tomatoes, tutoring, or freelancing, side hustles are part of our DNA in Zimbabwe. But don’t spend that extra income. Save or reinvest it.
NMB Tip: Open a second savings account for side hustle income. It’s psychologically easier to save when it's not mixed with your main salary.
4. Avoid Bad Debt, But Use Good Debt Strategically
Not all debt is bad. Borrowing to invest in income-generating assets or education can help you build long-term wealth.
NMB Solution: Talk to us about Personal Loans, Mortgage Financing, or SME Funding. We’ll help you borrow wisely, not recklessly.
5. Stay the Course, Even When It’s Hard
There will be tough months, emergencies, and temptations. Building wealth is about progress, not perfection.
Motivation: Set attainable goals and celebrate the small wins, these will help you stay motivated with little wins.
How NMB Bank is Championing Wealth for All
At NMB, we believe wealth is not a privilege—it’s a process. That’s why we’re focused on:
- Accessible banking for all – with mobile banking, Zimpost Agency Banking, and Dual Currency POS machines.
- 24/7 Customer Support – because your money questions don’t sleep.
- Financial Education – through our expert team, and community engagements.
Let’s Grow Together
Whether you're a teacher in Karoi, a nurse in Harare, or a hustler in Mutare—we want you to win. The path to wealth may be slow, but with the right partner, it’s always steady.
Visit your nearest NMB Branch or download the NMBConnect App to get started on your wealth journey today.