
Money Chronicles showcase the honest money experiences of everyday people who use Cowrywise. We share a story on the 17th of every month. This month, the spotlight is on Shaba. She shares how starting with life goals (a one year savings plan on Cowrywise) taught her how to stay disciplined. If you’ve been struggling to stick to or achieve your savings plans, then a life goal is perfect for you as well. ? Read this for some inspiration on how to get started.
Hi, Hi! What’s your name and what do you do?
I’m Shaba Shalom and I’m a final year student of literature at OAU. Great Ife! Greatest of the greatest…
Ok, ok, let me behave. ?
? Behave oh. Lol! Please, share your Cowrywise story. How did you find out about the app?
A family friend in Lagos was always posting his mails from Ope on his status so I found out about the app from there.
Wow, shout out to your family friend! ? Did you have any objections before signing up though?
I had objections o, I wasn’t sure where my money would be going and I wasn’t so tech savvy then as well. I had objections with keeping my money in a virtual “kolo”. Thank God for exposure and growth though!
Interesting. So how and when did your objections clear?
My friend had to send me a voice note to convince me and I gave it a trial and started with life goals savings (Cowrywise’s long-term savings plans for life’s important goals with a minimum timeline of 1 year).
Shout out to your friend too! ? What has changed since you started using Cowrywise?
My outlook on finances in general has changed. I save better and definitely plan better.
Any advice for someone who still has objections?
Mahn, join the train and open your Cowrywise account oh! There’s nothing like knowing you have money somewhere that’s safe. Plus, Cowrywise is an amazing and user friendly app.
Thank you. ☺️ You chose life goals savings plan, which is a plan that’s locked for a whole year! Why though?
Prior to my savings plan, I’ve never been much of a saver. Growing up, my sisters would save while I spent all my money. I knew that I needed to take a drastic action to ensure that I reached my savings goal for the year so that one year locked plan was definitely the best for me.

What did saving for that long (for the first time) teach you about your finances?
So much!
I learnt how to budget and stick to it. I learnt how to spend within my means and also how not to give people money, just because they ask. Knowing that I didn’t have access to the money stopped me from spending it anyway.
What is your best Cowrywise feature and why?
It definitely has to be the life goals savings plan and knowing I can’t shift my maturity date forward. I have to be disciplined. ?
Yes to discipline! ☺️ Share that one thing (or things) that you never mind splurging on and why?
Books (novels and journals) and ice cream. ?
“Gelato”! ? What’s the most absurd thing you’ve spent money on lately?
I’m not proud of it but it’s small chops o. ?
Ahh. Small chops investor! ?? What’s your top money lesson since you became an adult?
Budgeting and living within your means are important. Don’t spend on what you clearly can’t afford just because you want to fit in.
Is adulting a scam or you’re from another planet?
I think it’s a scam oh. I’m not sure I expected it to be different though. ?
One thing you’d do right now if you had all the money you wanted?
Publish my book then take a vacation. ?
Any good money lessons learnt from your parents that you now imbibe?
I think I’ve learnt to treat myself once in a while from my dad. I can’t go and come and go and kill myself, it is kuku one life. ?
Any suggestions for the Cowrywise team?
None actually. You guys are doing amazing!
Thank you so much, Shaba!
Thank you too!
Do you also want to begin a plan that’s secure and get returns for staying disciplined? Start here.
thanks
This is so timely, Thanks
Thank you Ope
Thanks for this
Thank you for your great advice and guidance ?. It really helps ?
Please I want to know if my investment is done
If you don’t mind how is the investment work
Fantastic write up..you hit nail on the head.
Great
Great write-up!
Thank you so much for this Ope
You are welcome
Thank you very much; so instructive.
Africa, my Africa.
Thanks for this Ọpẹ́.
Many thanks
Nobody should underestimate the importance of this writeup. I somehow wished my Dad came across something like this years ago.
Thanks a lot, this is eye opening.
Thanks for reading, Dorcas
I wish I read this before now, thanks Ope
??
Thanks for this eyes opener write up.
An eye opening writeup; Many thanks
It’s really an eye opener.
Thanks thats wonderful!
Thanks for this, really enlightening.
Thanks for this Ope its word of enlightenment indeed
??
Great
The above writeup was made with enough garnish.
Thank you!
Ọpẹ, this write up came at the right time. Like it’s juju for me.
I just finished sending my mum money from my first salary and i panicked when i read this. I love what i did but you see that black tax ehh??. It’s to learn to say no very well. I have a weakness and that’s being agreeable. Women tend to be more agreeable than men, but if i want to fulfill my goal, i must do the needful.
Thanks for this juju write up. Like you read my mind. ??
This came in at the right time
Wow you guys are great,thank God for technology and apps like this,making life easier and convenient for us to do our savings.
Amazing! Quite right on time; Kudos to the brain(s) behind this!
This so amazing… Just what I needed right now ?
I recently signup/subscription and I must say, I enjoy reading your articles, good one.
Am sorry to ask how much can I withdraw every month cause I have invested 1k
I really enjoy and leaned from the advice, had it been I com across this life would not have been so turf as it is now cause I’ve wasted so much money but thank you ope for the advise thanks a lot keep it ?
good advice thanks OPE.
Moral of the lesson: Do not help others to your own detriment whether today or for your future needs
Truth be told, I have never heard of or even read about “the black tax” and “sandwich generation” in all these years.
This is not just enlightening but would also help me and many (I guess) in not just planning money but also time
Thanks a lot Ope.
Thanks so much Ope. It’s a great enlightenment
Thanks for the write up, Ope. This black tax has finished me… But Thank God for this app that came to my rescue
What about the relative that could start crying when you say no?
Nice one.
Cool
Very insightful and timely for me.
Thank you ope for sharing.
Great Lesson to balance finance for better living
Thank you so much for this. Learnt a couple of new things
Very wonderful advices and lectures. But it seems very difficult to when trying to get out of recession. While planning to stand on your feet back again with no regular income and a hand to mouth epileptic economy. More advice ma. Good morning. Thanks
Thank you Ope❤️
I always love it when I see “Ope from Cowrywise” dropped in my email… U never disappoint… Thanks for the education ☺️
Thanks
Wow, this is eyes opener!
Thanks for this ❤
Thanks
This explains a lot, thanks Ope
God knows this year has been a lot for due to this. I have neither savings nor money to due basic care. I’m doing better henceforth tho. Thank you, Ope.