How to Make Money with Cowrywise in Nigeria
Cowrywise is a savings and investing app in Nigeria. The platform is similar to Piggyvest, Alat, and Kudabank, but stands out by offering investment in mutual funds and educating users on financial literacy.
Three ways to make money with Cowrywise:
- Savings plan interest rates
- Returns from mutual fund investments
- Referral bonuses
Is Cowrywise Right for You?
Cowrywise is for you if:
- You want to grow your money over time legitimately
- You’re eager to learn how money works
- You have strong ethics and value patience in wealth building
Cowrywise is not for you if:
- You’re looking for get-rich-quick platforms
- You want to live off the referral program
1) Earn Interest from Savings Plans
Cowrywise savers enjoy higher interest rates than traditional banks. These rates are tied to market performance and are paid out consistently.
Your savings are invested in low-risk assets like treasury bills, government bonds, and securities.
2) Earn Profits from Mutual Funds
Invest in conservative, moderate, or aggressive mutual funds. Conservative plans offer fixed yearly returns, while moderate/aggressive funds generate capital gains.
Example: Buy at ₦10 and sell at ₦15 = ₦5 profit per unit.
3) Earn Through Referrals
You earn ₦1,000 for every successful referral. A referral becomes valid after the person signs up using your code and invests/saves ₦5,000 or more.
Note: This is not meant to be a full-time income source.
Conclusion
Cowrywise helps Nigerians build long-term wealth through consistent savings and smart investing. It focuses on financial literacy and low-risk options, making it an ideal platform for gradual and secure financial growth.
Start today and move closer to your financial goals with Cowrywise.
