The human mind tricks us into believing a number of savings and investment myths. One of its most dangerous tricks is with the thought that one is actually saving money when he or she consistently set cash aside for a few days, say 7 days. It is a very dangerous trick that can destroy anyone financially.
Cowrywise Saving Circles blends ancient African wealth-building patterns with modern-day tips to provide for group savings and investments.
A Nigerian freelancer shares how freelancers can invest to create wealth. He shares tips for the gig economy and his investment strategy.
We explain everything you should know about writing a will in Nigeria. A will is not a death sentence, it is in fact a financial plan.
The black tax is part of our financial reality as Africans. Here’s a guide on managing money transfers to family members and dependants.
Seeking out options for smart use of monetary wedding gifts requires a lot of thinking, but is that what you really want to spend your honeymoon on, drawing up plans on how to invest the wedding cash? Most likely not, but then a choice not to do that definitely has its own costs.
While debts can be easily abused, it isn’t necessarily bad. Making a few smart lifestyle decisions and maintaining some discipline can keep it under control.
Borrowing to pay for a home, for example, can be good. You gain equity as you pay down your loan or mortgage. Also, your mortgage interest can be deductible on your income taxes.
A fine summary of the Cowrywise Simple Tax Talk session with Tayo Ogungbero, Partner, KPMG Nigeria on personal and excessive tax and its benefits.
The Asian Financial Crisis was a financial crisis that affected many Asian countries that had enjoyed economic progress from the early 60s-90s. The crisis raised fears about an international economic meltdown due to financial contagion.
Do you feel you’re misspending? We give practical tips on how you can peep into tomorrow to make better financial decisions for your future self.
After months of committed work towards the vision of democratising access to wealth management tools, we are proud to announce the launch of the Cowrywise Financial Planner — the first of its kind in Nigeria. Call it financial planning on the go.
The Russian financial crisis (also called the “Ruble” Crisis) hit Russia in August 1998. The Asian financial crisis really contributed a lot to the economic crisis and the devaluation of the ruble.