At Cowrywise, we’re keen about making private finance seamless for younger Africans. Our workforce invests lots in monetary training and that is evident within the quite a few guides obtainable to you on the weblog. This ardour to assist younger individuals perceive their funds higher led to the creation of badges.
Cowrywise badges make it easier to set and obtain your monetary objectives in a more practical manner. With out leaving the app, you might have entry to badges that make it easier to perceive the place you’re in your financial savings and funding journey. The badges additionally make it easier to to achieve readability on the place you wish to be.
Customers look ahead to getting the notification that they’ve unlocked a brand new badge or that they’ve gotten to a better stage of a earlier badge. So whether or not you already set your monetary objectives or not, badges offer you a holistic view of your cash objectives.
RELATED STORIES
The Cowrywise badges that at the moment exist
For each milestone you attain, you earn one in all these badges to spice up your monetary health.
1. Cash Stepper
This badge has 3 ranges. You earn the primary stage if you keep a steadiness of N500,000 for 3 months. The second and third stage is earned if you keep a steadiness of N1M and subsequently N5M for 3 months.
The Cash Stepper badge is a testomony to your consistency. When you’re continuously saving to spend or investing after which promoting your funding items, this milestone will probably be troublesome to realize.
2. The Harvester
Because the identify implies, you’ll earn this badge if you start “harvesting” your funding seeds within the type of returns. It additionally has 4 ranges that are for if you earn N10,000, N20,000, N50,000 and N100,000 respectively. Because of this for those who’ve already earned as much as 10k in returns, your subsequent aim ought to be to earn at the least 20k and above. The extra you make investments, the extra returns you’re capable of earn so with this badge, you have fun the fruit of returns, which is your harvest.
3. The Benjamin$
Benjamin is a slang individuals use to seek advice from the $100 invoice as a result of it has a portrait of Benjamin Franklin. As an investor, it’s vital that you simply diversify your property so anybody who invests at the least $100 (in a dollar-denominated asset) earns this badge. Need to go worldwide? Then work in direction of incomes this badge!
4. Savvy Investor
Have you ever ever been to a gathering for the primary time the place the first-timers are requested to point by elevating their palms? Nicely, the Savvy Investor badge permits first-time buyers proudly increase their hand on the Cowrywise app. It comes together with your first mutual fund funding and is a propellant for attaining far more.
5. Courageous One
Being courageous means you’re keen to do what others are scared to do! This badge is particularly reserved for individuals who check out fairness funds. Fairness funds are made up of a big share of shares that are thought-about Progress Funds. It’s fairly simple to earn this badge, all you must do is spend money on an fairness fund at the least as soon as. So head over to the app now for those who’ve not but achieved this milestone.
Guides
10 Property Planning Errors
By Favour Onojodofia March 28, 2023 Guides Cash Suggestions
How To Use Debt As Cash
By Felix Akinnibi March 17, 2023
6. Pack Chief
There are completely different Financial savings Challenges on the Cowrywise app and this badge is earned if you prime a Financial savings Problem until maturity. This may be powerful to realize as a result of it is extremely aggressive. Everybody clearly needs to guide the pack for those who attempt to prime a problem until it ends, then this badge is yours! Oh and it doesn’t depend for those who topped the problem for a very long time, you must go the lengthy haul till it matures.
7. The Benevolent
One of many methods to do good together with your cash is to help a trigger so this badge is devoted to customers who donate at the least N5,000 to a trigger that one other person is soliciting funds for. While you donate, you get to make another person’s life higher, plus, you earn this badge.
8. Anniversary badge
When you’re like Olabinjo who began utilizing Cowrywise after we launched, then you need to have hit a few of these milestones. There are 3 anniversary badges on the app:
- Rising Star – To have fun your first yr of being with us
- Regular Shark – To have fun three years of rising with Cowrywise
- Penta Champ – We’ll positively be popping bottles right here to have fun your fifth yr anniversary on Cowrywise!
9. Ambassador of Funds
That is for the actual lovers of Cowrywise who refer at the least 10 pals to enroll on the app! Asides from the price waiver you get pleasure from on one Naira Mutual Fund if you efficiently invite a pal, this provides you a bragging proper that you simply really helped Cowrywise develop. You additionally assist a beloved one take cost of their funds so who wouldn’t wish to have a pal such as you?
10. Financial savings Rating
This is a sign of how effectively you’re doing together with your financial savings and also you’re more likely to earn this badge if you save persistently and develop your financial savings. Must arrange your financial savings objectives? Then use this badge as a measure of your efficiency.
share your badge with pals
Why earn a badge after which preserve mute about it?
To share your milestones with pals or in your social media platforms, merely click on the icon on the prime of every badge. It can mechanically generate a hyperlink together with your identify on it. When anybody clicks the hyperlink, they’re inspired to be such as you and start hitting their monetary objectives too.
In conclusion
Each a part of the Cowrywise app was particularly designed that can assist you obtain your monetary objectives, together with the Cowrywise badges. As a substitute of getting obscure or insurmountable objectives, benefiting from the Cowrywise badges helps you set clear and achievable objectives.
Now that you understand what every badge means and the way it can assist contribute to your success, log into your app and start smashing every of these objectives!
As all the time, we’re rooting for you.
RELATED:
7 Examples of Monetary Targets You Can Set for Your self
How Cowrywise helps customers exchange the behavior of betting with the behavior of saving
