
Long-term value is the underlying worth of a commodity, while the price is the quoted amount for that commodity, usually based on sentiments and not the actual worth of the commodity.
A Brief History
Long before stock exchanges became digitized, trading floors were usually very chaotic and quite rough. These days, the chaos has shifted from the floors to the charts; so nothing has actually changed, just the location of the chaos.
Despite this consistent chaos, many have had their fingers burnt with little or nothing to show for their struggles. They end up with returns coming in trickles that amount to nothing close to their committed efforts.
In his classic book, “How to Think Like Benjamin Graham and Invest Like Warren Buffet”, Lawrence A. Cunningham posits that the major reason for those losses is found in a culture known as the “Q Culture”. Stocks on the exchange, have quoted prices that they are purchased at. The choice of what stock to purchase is motivated by these prices. Lawrence argues that the focus on these quotes leads people to disregard value as they place prices on a higher pedestal. So, what exactly is the difference between price and value? Why is this difference important?
Price versus Value
As humans, we have goals and tend to make plans toward achieving those goals. One way we do that is by saving up for these goals, as many do with Cowrywise. Hence, we can consider savings towards these goals as investments, particularly when they attract great interest rates.
Inasmuch as all goals are valid, we must seek to understand the value of a goal before investing saved-up cash in them. Value outlives the quoted price of a product or service. That the price of a product or service is low today does not mean the long-term value of that product is of low quality and vice-versa. So also does it not mean that a higher-priced product or service is overvalued?
Lawrence suggests that a good investor should focus on long-term value first and then compare it to the price and not the other way round. Your goals are similar to investments and they come at a price. Do not focus on the market noise to inform your opinions but take out time to carry out your research.
For instance, if getting a certain phone in the next six months is your goal; have you taken out time to understand the underlying value of that phone? Beyond the price does it actually have any intrinsic value that would positively impact how you live daily? Can its value withstand the test of time, such that if you plan to resell it you would do so at a good second-hand value? These are the key questions you need to answer.
The shift of focus from price to value would help you create a margin of safety between the price you pay and the value you are paying for. You should not visit that holiday destination because it’s at the top of the search list but because it would actually align with the values you desire in a holiday destination.

Final Words on Long-Term Value
You might still have a long way to go with your goals. Notwithstanding, with a value-driven commitment you can make every day count. So, we invite you to abandon the quote-driven path and join us on the value-driven path.
Our hope is to continuously connect you with valued based options related to your goals. Keep tabs with premium money advice that you can understand here.
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I have been saved times without number from my 20% savings on my salary earned and this I enjoyed using cowrywise application.
I simply want to applaud the initiatives behind cowrywise, and God bless the day I downloaded this app, seamless transactions and activities, this is a one stop shop for investors and planners alike.
Oluwadamilare Akinola.
(Dee3concepts Travels)
A+ for financial literacy.
Thank you Cowrywise!
??
So happy to have you on board ?
I love saving with cowry wise. I have no regret… i have also learnt some things on their blogs concerning savings and investment
So glad to hear that, Blessing. Thanks!
Yayyy ?
I’m a student. Although there are other saving app buh i love cowrywise moreee… So straightforward
Thanks Omowunmi! ??
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As a student who uses both PiggyVest and Cowrywise, I prefer Cowrywise because it is waaayy simpler. And has more options.
Always teaching its users something. Thank you!
Thank you, Omolola.
Among all other sites and companies, I have been investing I still choose cowrywise as the best . Because,its simple, straightforward, and attend to their customers,thanks to cowrywise we are still looking up to you,
for more development.
I love CowryWise for their regular financial education
I love cowrywise
And introduced it to my friends
Great initiative from Cowrywise
Now i would love to ask where the 10% tithe comes to play in
Well, you get to play around with the percentages when it comes to the 50-20-30 rule. I include my tithe by lowering my necessities to 40%, and also included black tax @ 9%. Just make sure all your categories add up to 100% and adjust where only necessary.
Specially want to thank OPE he’s/she’s been great! Thank you for all the financial advices!
Overall best in financial literacy
I so much love cowrywise especially because they have a plan for Muslims who do not want interest on their savings and I also love their automation
I am always happy and always look forward to when cowrywise will remove my money
Them say debit alert no dey give person joy but whenever it’s from cowrywise am always happy
Please I need your advice on how to get debt free with my income how to spend and Dave to pay up the loans
I always look forward to Ope’s email because their is always something to learn.
I invitatied one thousand I did not see the money or income
Awesome! I loved this app because any time I logged in,it gives me future assurance.
Kudos to you guys (expecially ope) your quote motivated me a lot ❤️❤️ cowrywise
I wanna know about cowrywise investment…I only know about her savings
With little responsibilities, I stay with my parents , my main expenses are usually transport and internet subscription, I’m able to save up to save up to 50% of my salary
Cowry wise is the Best
I love cowrywise and I’ll introduce anyone to it.
I wish to know more about Cowrywise investment
I wish to know more about Cowrywise investment. I have interest in investing. How can I go about it
Cowrywise is very nice ,they do great job
Wow really loved this
A very nice article thanks
Thank you for yet another insightful post??
I have no regrets since I joined cowrywise, since 4years ago, I love it and have introduced many people, God bless you all Amen
The first 200k I was able to save was because Cowrywise made it possible ????.
I love the fact that once a saving plan is set you can never break it till it’s due date.
I remember rushing down to my app to withdraw my money just for me to realize it’s a one year saving plan?? I was heartbroken at then but guess what one year later I was immensely grateful that the money was safe locked without me accessing it.
I have a lot to learn from using this app as I journey to financial freedom, I haven’t officially utilized the investment options but I will definitely give it a good try someday.
Thank you Cowrywise for this awesome opportunity ❤️?
Thanks for always educating me ❤️?
Thank you cowrywise..Thank you Ope
Thanks so much my favourite Savings adviser, Ope, this 50-20-30 plan is an eye opener. I will put into use immediately so that I can be consistent in my savings. Thanks
Lovely write-up as usual, always happy to see cowrywise content