In our world today, it is agreed that good management habit when it comes to the use of money helps live a financially successful life. The problem with financial disciple and management is that most times individuals don’t have systems to help them plan, save, and invest their monies wisely. Cowrywise as a service is a system developed to help everyone with good financial habits that are beneficial to their financial success. The app is the bridge between you and your next financial upgrade so, make sure you go through this article till the end.
What is Cowrywise?
Cowrywise is a financial technology company that has been around since July 2017. This particular company is legit and for some time now, their mobile application has been trusted to help individuals manage their monies properly. Using Cowrywise app, you can plan, save, and invest your money without having any fear what so ever. As a personal finance platform, Cowrywise relives you of the stress and planning that comes with investment and savings, by helping you automate them with ease.
Things You Should Know About Cowrywise
This service comes with great benefits and your rewards will leave you with no regrets. Before using Cowrywise, it is important you are aware of the following:
- Assurance of better returns than bank savings.
- Continuous automation of your savings and investments; daily, weekly, and monthly.
- N100 is the least amount required to start.
- Your investment is entrusted with a SEC regulated trustee.
- You get to withdraw on your set date without bothering about charges.
- You get access to about 13 different mutual funds all in your app.
How Does Cowrywise Work?
Cowrywise calls their system “Three steps to financial freedom”. These steps are discussed below:
- Plan Money – With the help of Cowrywise, you can plan for your future as the company believes the future can be even brighter but a goal without a plan is just a wish. Using Cowrywise, you can plan for your retirement, family, education, projects, and lots more.
- Save Money – Use this tool to grow your savings with better returns than your bank’s savings account. With the completely automated process and plans of Cowrywise, you grow your savings having up to 10% interest as reward.
- Invest Money – Cowrywise makes investment simpler than you’ve ever thought. You can invest in mutual funds and watch your returns keep rolling in. They invest in low risked fixed income securities like professionally managed mutual funds, treasury bills, and government bonds.
How to Join Cowrywise
You can sign up with Cowrywise via the website or using the mobile app (Available on Android and iOS). To sign up, follow these steps:
- Click on the “Sign Up” button.
- Enter your First Name, Last Name, Phone Number, Email Address, and Password.
- Click “Continue” and follow the steps through.
How Do I Invest in Cowrywise?
After creating a Cowrywise account, the next step is to invest. Simply login in to your account, take a brief risk assessment which will help Cowrywise suggest mutual funds best for you to invest in. After selecting a fund, the next thing for you to do is, buy some units of the fund. This is how you invest your money.
How Can I Withdraw on Cowrywise?
To withdraw on Cowrywise, follow the steps below:
- Log in to your account.
- Make a selection of your matured plan.
- Click on the “Withdraw” button.
- Enter the amount to be withdrawn
- Select your withdrawal destination (This can be to your bank or to stash).
- Set a new maturity date.
- Finally, make withdrawal.
You can start your journey to financial freedom today my saving and investing with Cowrywise. This platform is 100% legit and you don’t have to worry about getting scam in any way. Also, make sure you confirm everything discussed in this article before referring anyone. People love to see results before they can believe something is legit.