Cowryvest

Do you have some idle funds sitting in your bank accounts or under your bed for several weeks or months? Are you saving up for a project in a few months and just piling it up in a bank account? That six months savings you have been told to set aside to serve as emergency fund in case of loss of your job or something else, do you have it lying idle somewhere? If your answer is positive then you might want to consider a Money Market Fund. Many of us have developed the responsible habit of keeping money aside "just in case". Some of us developed the habit from listening to financial coaches and reading wide, while others developed it from observing their parents, relatives and guardians. We keep them in savings accounts, current accounts, or tuck them away somewhere. On the surface, it feels safe. But in today’s Nigeria and Africa, where inflation continues to erode value, safety without growth is no longer truly safe. The question, then, is not whether you should save, but whe...