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The Divide of Failed Economy and Its Citizens
- MyPursePay allows users to schedule their money into days, weeks, or months — enabling them to lock it, and only allowing them to spend the amount they set on the event of the schedule they made.
- The Nigerian citizens are widely digitally engaged, which means the app will have no usability or entry barriers.
- The federal minimum wage in Nigeria is less than 50 dollars a month, which is largely unsubstantial.
- The divide between the amateurish and strong capitals of intelligence, resource, and networks, armed agendas with shareholder objectives, is substantial.
- The citizens of Nigeria are facing trouble as the naira (the Nigerian currency) keeps losing its value each day to inflation, thereby disorienting them.
- If one has 30 dollars to spend on transportation for 30 days in Nigeria and the cost is a dollar a day for a bus ride, one can schedule a dollar a day on MyPursePay to never end up running out of money for the ride due to unexpected expenses or casual spontaneous purchases.
- The citizens of a failing economy can survive by either making more money or making the most of any they control.
- MyPursePay is a fintech app that Leon Faust created, which will allow Nigerians to control their spending and make the most out of their money.
- Leon Faust is an amateur who created MyPursePay to help the Nigerian citizens who are facing an economically challenging situation.
- The amateur engages in an activity for pleasure rather than as a profession or for financial gain.
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