{"id":4744,"date":"2021-04-17T10:32:43","date_gmt":"2021-04-17T09:32:43","guid":{"rendered":"https:\/\/cowrywise.com\/blog\/?p=4744"},"modified":"2023-03-22T16:32:46","modified_gmt":"2023-03-22T15:32:46","slug":"personal_savings_goal","status":"publish","type":"post","link":"https:\/\/cowrywise.com\/blog\/personal_savings_goal\/","title":{"rendered":"Money Chronicles: How I Achieved My Personal Savings Goal"},"content":{"rendered":"\n<p class=\"has-background\" style=\"background-color:#f4f8fc\">Money Chronicles showcase the honest money experiences of everyday people who use Cowrywise. We share a story on the 17th of every month. Today, we speak with Juwonlo who shares how she achieved her personal savings goal by joining a Savings Circle on Cowrywise. Want to find out how challenging yourself with a Savings Circle can help you hit your money goals too? Then read this fun interview. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hi! Let&#8217;s get to meet you.? What&#8217;s your name and what do you do?<\/h2>\n\n\n\n<p>Hi hi. My name is &#8216;Juwonlo Oloyede. I work with an NGO as the Administrative Executive.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How did you find out about Cowrywise and how long have you been using the app?<\/h2>\n\n\n\n<p>I found out about Cowrywise through the <a href=\"https:\/\/twitter.com\/ladywithballsng\" target=\"_blank\" rel=\"noreferrer noopener\">Lady with Balls community<\/a> (LWB). I&#8217;ve been using the App since 2019.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What was your savings culture like before Cowrywise? What changed after Cowrywise?<\/h2>\n\n\n\n<p>Omo! Before Cowrywise, I only saved when I had <em>awoof<\/em> money (if you know what I mean ?). The change happened when the LWB Money Gang was established and about 100 of us were in a <a href=\"https:\/\/cowrywise.com\/circles\/challenges?utm_source=blog&amp;utm_medium=moneychronicle&amp;utm_campaign=challenges\" target=\"_blank\" rel=\"noreferrer noopener\">savings circle<\/a>. I got challenged by the energy from fellow savers in the circle and that was my breakthrough. ?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">We spoke to you and your friends in this <a href=\"https:\/\/www.youtube.com\/watch?v=th9mtlcYd2A&amp;t=214s\" target=\"_blank\" rel=\"noreferrer noopener\">video<\/a> about the success of your savings challenge. Why did you decide to join?<\/h2>\n\n\n\n<p>Ah! If you know LWB, then you would also know that any opportunity that comes from the community is premium. This was my major reason, really. Yeah, I wanted to be financially independent and stable but knowing that this opportunity was from the community I trusted meant more to me.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">You mentioned in that video that the circle taught you that your goals are achievable. What would you tell someone who has set a savings goal but thinks it&#8217;s too far-fetched?<\/h2>\n\n\n\n<p>Without trying to sound like a motivational speaker, I&#8217;d say just start saving towards that goal. The fact that the goal is registered in your mind would be a major push to harness the possibilities of achieving it. For real, if that goal is valid, then it&#8217;s not far-fetched.<\/p>\n\n\n<div class=\"shortcode-block\">    <div class=\"inhype-postline-block-wrapper\">\n      <div class=\"container\">\n        <div class=\"row\">\n          <div class=\"inhype-postline-block inhype-postline-block-339011 inhype-block clearfix\">\n            <div class=\"owl-carousel\">\n            \n                  <div class=\"inhype-post\">\n                    <div class=\"inhype-postline-block-content\">\n\n                      <div class=\"inhype-postline-details\">\n                        <div class=\"post-categories\"><a href=\"https:\/\/cowrywise.com\/blog\/money-guides-and-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Guides<\/span><\/a><a href=\"https:\/\/cowrywise.com\/blog\/investment-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Investing<\/span><\/a><a href=\"https:\/\/cowrywise.com\/blog\/money-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Money Tips<\/span><\/a><\/div>\n                        <h3 class=\"post-title\"><a href=\"https:\/\/cowrywise.com\/blog\/mutual-funds-april-2021\/\">Market Slice: Top Mutual Funds in April 2021<\/a><\/h3>\n                                                <div class=\"post-date\"><time class=\"entry-date published updated\" datetime=\"2021-05-06T06:24:06+01:00\">May 6, 2021<\/time><\/div>\n                                              <\/div>\n\n                                            <a href=\"https:\/\/cowrywise.com\/blog\/mutual-funds-april-2021\/\" class=\"inhype-post-image-link\">\n                        <div class=\"inhype-post-image\" data-style=\"background-image: url(https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/05\/mutual-funds-april-2021.png);\"><\/div>\n                      <\/a>\n                                          <\/div>\n                  <\/div>\n            \n                  <div class=\"inhype-post\">\n                    <div class=\"inhype-postline-block-content\">\n\n                      <div class=\"inhype-postline-details\">\n                        <div class=\"post-categories\"><a href=\"https:\/\/cowrywise.com\/blog\/money-guides-and-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Guides<\/span><\/a><a href=\"https:\/\/cowrywise.com\/blog\/investment-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Investing<\/span><\/a><\/div>\n                        <h3 class=\"post-title\"><a href=\"https:\/\/cowrywise.com\/blog\/investing-for-beginners\/\">Investing For Beginners: How To Start Growing Your Money\u00a0<\/a><\/h3>\n                                                <div class=\"post-date\"><time class=\"entry-date published updated\" datetime=\"2022-06-13T05:12:00+01:00\">June 13, 2022<\/time><\/div>\n                                              <\/div>\n\n                                            <a href=\"https:\/\/cowrywise.com\/blog\/investing-for-beginners\/\" class=\"inhype-post-image-link\">\n                        <div class=\"inhype-post-image\" data-style=\"background-image: url(https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/06\/Investing-For-Beginners.webp);\"><\/div>\n                      <\/a>\n                                          <\/div>\n                  <\/div>\n                        <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n    <\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Did joining a savings challenge influence your ability to meet your savings goal? If yes, how?<\/h2>\n\n\n\n<p>Yes. Being in the same circle with people who had the same financial goal as I did really challenged me to save at every chance I got.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Any advice for someone who&#8217;s on the fence about joining a savings circle to meet their personal goals too?<\/h2>\n\n\n\n<p>If you&#8217;re desperately in need of a breakthrough in your finances and need to up your savings game, I&#8217;d highly recommend joining a <a href=\"https:\/\/cowrywise.com\/circles\/challenges?utm_source=blog&amp;utm_medium=moneychronicle&amp;utm_campaign=challenges\" target=\"_blank\" rel=\"noreferrer noopener\">savings challenge<\/a>. It wouldn&#8217;t hurt to try and it can help you hit your personal savings goal faster.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is your best Cowrywise feature?<\/h2>\n\n\n\n<p>Ahhhhh! You know this! &#8220;Juwonlo, you have been challenged!&#8221; This notification is &#8216;it&#8217; for me. I love it! ?<\/p>\n\n\n\n<p><em>When you join a Savings Circle, you get a notification if someone surpasses you by saving the most money for a period of time. If you&#8217;re the highest saver, others get the notification that they&#8217;ve been challenged. Get it? ?<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Last year was tough for many people and some may have felt the need to spend all they had. How were you able to stick to keeping money aside during a pandemic?<\/h2>\n\n\n\n<p>I think the major reason for me was being in a circle <em>jare<\/em> because it provided me with the necessary ginger. When I saw other people saving during a pandemic, please who was I not to save na?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What\u2019s your money weakness? That thing you don&#8217;t mind spending plentyyy of money on!<\/h2>\n\n\n\n<p>Hmmmm\u2026. my food cravings ???. I think I have the weirdest cravings in the world. When it comes, I can lose focus. ?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">You had just finished NYSC when you joined the LWB savings circle. So how was your NYSC year? ?<\/h2>\n\n\n\n<p>I was actually still serving oh. Service year was really good if you remove the camp period sha.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Any money lessons from the time you served the country? Please share any interesting money-related stories.<\/h2>\n\n\n\n<p>So, I was one of the fortunate ones who were serving when the NYSC alawee (monthly stipend) was increased and this meant I had the opportunity to up my &#8220;baby girl&#8221; game.? I began to spend more until the pandemic came and we had to do &#8220;panic buying&#8221; due to the imminent lockdown. This was a difficult period because the unforeseen came and I didn&#8217;t make good money decisions beforehand, which could have helped at the time I needed it the most.<\/p>\n\n\n\n<p><em>Queue Emergency Funds!<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cowrywise.com\/blog\/emergency-fund\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"222\" src=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-1024x222.png\" alt=\"\" class=\"wp-image-4065\" srcset=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-1024x222.png 1024w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-300x65.png 300w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-768x167.png 768w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-1536x333.png 1536w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-2048x444.png 2048w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-360x78.png 360w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/02\/Saving-as-a-couple-button-breakers-300ppi2-01-150x33.png 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">What major money lesson should someone who&#8217;s just about to start NYSC learn?<\/h2>\n\n\n\n<p>Please <a href=\"http:\/\/cwry.se\/blog_signup\" target=\"_blank\" rel=\"noreferrer noopener\">save as much as you can<\/a>. And have a goal you&#8217;re saving towards.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">If you could join your first savings circle again, is there anything you&#8217;ll change about the process?<\/h2>\n\n\n\n<p>No. The process was flexible and considerate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Are you someone&#8217;s ATM and is someone your ATM? ?<\/h2>\n\n\n\n<p>Haq! Yes and yes. <\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">If there was unlimited funds, what will you do\/be and why?<\/h2>\n\n\n\n<p>First, I&#8217;ll JP (if you know what I mean).? Are you still asking why? Lol. Next question please. Tenz.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How do you destress after a tough day?<\/h2>\n\n\n\n<p>I watch a movie till I sleep off.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">You&#8217;re invited to speak to young ladies about building wealth and imbibing healthy money habits. What will the title of your speech be?<\/h2>\n\n\n\n<p>&#8220;Break the Money Myths.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why did you choose that title?<\/h2>\n\n\n\n<p>It was the first idea that came to mind. ?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Choose one. Bone-straight, a trip to Dubai or give you cash?<\/h2>\n\n\n\n<p>Give me my cash ohhhhhhhhhh.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Any suggestions for the Cowrywise team?<\/h2>\n\n\n\n<p>No suggestions. I&#8217;d just like to give you all a big shout out. You&#8217;re doing amazing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Thanks Juwonlo. ??<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><em>Awoof<\/em> means free money.<\/p>\n\n\n\n<p><em>Jare<\/em> is a slang that does not exactly have a meaning but is used in informal or playful conversations.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p>Are you struggling to achieve your personal savings goal? Then joining a <a href=\"https:\/\/cowrywise.com\/circles\/challenges?utm_source=blog&amp;utm_medium=moneychronicle&amp;utm_campaign=challenges\" target=\"_blank\" rel=\"noreferrer noopener\">Savings Circle<\/a> on Cowrywise might just be what you need. Join now and let the awareness that others are saving with you challenge you to hit your goals. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Money Chronicles showcase the honest money experiences of everyday people who use Cowrywise. We share a story on the 17th of every&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[300],"tags":[493,301,298,297,323],"coauthors":[463],"class_list":{"0":"post-4744","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-testimonials","8":"tag-explore","9":"tag-money-chronicles","10":"tag-saving-in-nigeria","11":"tag-savings-plan","12":"tag-testimonials"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How I Hit My Personal Savings Goal by Joining a Savings Challenge<\/title>\n<meta name=\"description\" content=\"Find out how joining a Savings Circle on Cowrywise helped Juwonlo hit her personal savings goal during the height of the pandemic.\" \/>\n<meta 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