{"id":6790,"date":"2022-03-11T12:19:43","date_gmt":"2022-03-11T11:19:43","guid":{"rendered":"https:\/\/cowrywise.com\/blog\/?p=6790"},"modified":"2023-12-12T14:40:32","modified_gmt":"2023-12-12T13:40:32","slug":"savings-to-investment","status":"publish","type":"post","link":"https:\/\/cowrywise.com\/blog\/savings-to-investment\/","title":{"rendered":"Why do you loop your songs?"},"content":{"rendered":"\n

I\u2019m one of those people who loops a song a thousand times when I hear a new song I like.<\/p>\n\n\n\n

I even joke sometimes that if we were in the days of CD players, most of my CDs would have \u201ccracked\u201d from me overplaying them.<\/p>\n\n\n\n

I love how the loop feature on YouTube and the repeat icon on apple music make my life easy. Once those are in place, I do not need to manually replay a song since they automatically get that done for me.<\/p>\n\n\n\n

Even when friends complain that I need to change a song because it has been overplayed, I remind them of my why \u2013 that I am doing this because the song means a lot to me.<\/p>\n\n\n\n

Do you often think of your why? <\/strong><\/h2>\n\n\n\n

Many people take various actions every day without thinking about their why. <\/p>\n\n\n\n

You get up from bed to leave for work five out of seven days, do you know why?<\/p>\n\n\n\n

You open Instagram to quickly post a selfie of yourself, but end up scrolling for three hours, ever wondered why?<\/p>\n\n\n\n

I truly believe that answering the why question is a powerful means to becoming more self-aware. It helps you question a lot of habits or thought patterns and when used positively, can be the best driving force for success!<\/p>\n\n\n\n

Saving to splurge or are you a savings to investment<\/em> kind of person?<\/strong><\/h2>\n\n\n\n
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This is one of my why\u2019s for what we do at Cowrywise.<\/p>\n\n\n\n

Waking up daily, knowing that our product is tangibly helping people take control of their finances is one of our whys.<\/p>\n\n\n\n

Now, enough about me.<\/p>\n\n\n\n

Why do you save?<\/h2>\n\n\n\n

People save for numerous reasons; goals, targets, and emergencies. If you take a moment right now to look through all your savings plans on Cowrywise, do you have a defined reason for why those plans exist?<\/p>\n\n\n\n

Well, it\u2019s ok if you can\u2019t think of a defined reason for your savings plans right now; because the new Savings to Investment feature on Cowrywise helps you figure that out.<\/p>\n\n\n\n

The best progression should be that you save so you can invest. <\/p>\n\n\n\n

Introducing Savings to Investment on Cowrywise<\/strong><\/h2>\n\n\n\n
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Previously, once your savings plan matures on Cowrywise, the only available option was to withdraw it to your Stash (in-app wallet) or bank account.<\/p>\n\n\n\n

Now, when your plan matures, you can send a part or all of your savings to an investment plan on Cowrywise \u2013 with reduced processing fees<\/strong>. <\/p>\n\n\n\n

Our motto at Cowrywise<\/a> is Plan.Save.Invest.<\/p>\n\n\n\n

This means that if your whys for growing money stops at Planning and Saving, wealth creation<\/a> is limited. But if you\u2019re saving to grow your wealth over time, and to put your money to work consistently, this new feature will help you do just that.<\/p>\n\n\n\n

What do you need to do?<\/strong><\/h2>\n\n\n\n

You simply need to wait for your savings plans to mature. When it does:<\/h3>\n\n\n\n