As part of your service to the nation, the government of Ghana via the Scheme. You will be paid a monthly allowance for the whole 12 months period.
While doing your national service, the Scheme will pay you a monthly non-taxable allowance of
Five Hundred and Fifty Nine Ghana Cedis, Four Pesewas (GH₵559.04)
However, the big question is how best can I put the said allowance to proper use?
Can I plough some great benefits/profits if I invest the little savings I made from the monthly NSS allowance?
These and many other thoughts ‘bolts’ /or runs through your mind therefore it needs a solution. As the mind keeps wandering about it, it is an indication that you can address the challenge to the core.
If you think about NSS allowance, then, you must think about it in correlation to your interest(s).
What then are your interest(s)?
Your interests here mean what you prefer doing in your leisure time, what interests you, what you think you like doing most, etc.
Converting your interests to money is the wave now. You are not far away from championing such a great feat.
Let’s kindly walk through how to put the little monthly NSS allowance to proper use because, after the mandatory one-year Service, the next phase is permanent posting where you have to prepare adequately to face the start of your world of profession in full clothes.
Below are some easy but lucrative ways you can invest your NSS allowance into some businesses for magical profits within the span of 12 months.
EASY BUT LUCRATIVE WAYS TO MAKE DOUBLE CASH WITH NSS ALLOWANCE
- Investing in apparel/clothing
Everybody always wants to look elegant, decent, cute, smart, and official but at a cheaper price with quality apparel.
This point talks about you the NSS personnel who has an interest in great looks but at a cheaper price because you are able to afford decent clothes with a plan, therefore why can’t you convert your personal purchasing plan to business with the help of your little savings from the NSS allowance?
You can share your plan with people around, staff, among other good relationships you have or will create. Think about it and give it a try. Trust you!
- Shoes (sandals, sneakers, easy wear, etc).
There is not a day without wearing footwear. Both personnel (male/female) can invest in footwear. Make sure you research where to purchase them wholesale.
Present a plan to your customers. Either monthly payment, weekly, /or other easy smart looking methods to get your goods paid for before the circle ends for another bulk purchase. You can!
- Accessories (beads, crocheting, bracelets, chains, bags, etc).
To look eloquent, you can complement your outfits with some accessories.
As a business-minded personnel, venture into some cute, quality but less-priced accessories for your customers to purchase. Sundays, weekend events, get-togethers, meeting friends, etc are occasions to be attended which need a little great outfit for the session. The only challenge here is you haven’t started yet. Go get it!
- Bead bags, shoes, etc making
You can purchase packs of beads, and roll out your designs with them. Either bag made with beads, adding value to slippers (a touch of beads on some easy wears), etc.
Adding value to already-made products is a new and refreshing feeling for customers. Give it a try! You won’t regret your bold steps.
Make sure you dress with all your products as a way of advertisement. Some people might see it as expensive but that’s a great way to start.
Exhibit your customer relationship skills at this juncture
- Fast food joint
The fast-spreading fast food on the street is Indomie. Research the pack or box price, and figure out the location /or a busy cool joint for the business.
Spaghetti among others you think might be in demand will be highly appreciated. Make use of time and your evening well! Invest positively in your evenings.
- Popcorn / Fruit juice joint.
Rally around the best location for the business, ask for the price of the popcorn-making machine, and save towards purchasing one.
You are good to go!
Fruit juice is the taste for many. Watch videos on it on YouTube. Practice is a step toward perfection!
- Commercial farming.
Through your good relations, you can discuss farming since you might not be a native of the town of Service. Request for land and be guided on the conditions.
Your Service will end but a good relationship can help keep your farm.
There is no way you can not plough double and triplets from your farm reproduce if you invest rightfully.
Survey the place, and ask about the crops that are grown in the said locality. Champion your farming idea. Through your farming idea, you will create employment for others on your farm.
Be informed that, you have just a year of Service. There are seasons for maize, beans, yam, cassava, onions, tomatoes, pepper, charcoal, etc. Be guided on all before you step in.
ALL PLANS ARE POWERED BY SAVING. Save your NSS allowance for months if you think you have to venture into some before others.
Employ your good Kitchen skills for thousands of cedis. Some people are contracted to cook for birthday parties via the food relationships they create with people (the plugs and links).
However, it is advisable to focus on one or some with respect to your financial muscle. Do not rush and combine all business ideas. There are ups and downs! Create room for such thoughts as well but do not let them trash your success desire!
- Processing raw farm produces.
A great way is to add some value to raw products from your farm.
For instance, with cassava, it can be processed into gari (no ad but it sells faster). Since the community or locality grows cassava, definitely you can chance on a trustee to assist in processing your cassava to gari for the market. You can contact for assistance from nearby too. Wait and ‘watch’ the cash!
- Blogging
Another great way is to invest in creating a blog. You can earn great from blogging with strategic plans.
However, it is not a ready go cash out business. It needs ample time and consistency to earn.
You can start reading about it now, start planning on it now, and read from a lot of sources that can educate you more on it. The future will be great!
- Catering
Employ your good Kitchen skills for thousands of cedis. Some people are contracted to cook for birthday parties via the food relationships they create with people (the plugs and links).
Food and drinks are indivisible. They complement all occasions. You can be contracted for weddings, funerals, etc. Earn magically with your weekends!
- Add yours in the comment session below.
Readers/friends/ family need a breakthrough. Nice seeing smiles on your face. NSS allowance looks little but with plans, and actions, it can reveal its multiplication powers. TRY IT!
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