How to Create a Target Savings Plan
Step 1: Open the Moniepoint App
- Navigate to “Savings.”
- Select “Target Savings.”
Step 2: Enter Goal Details
- Category: Select the type of goal (personal, business, short-term, etc.).
- Target Amount: Enter the total amount you want to save.
- Target Date: Set a deadline to achieve your goal.
- Contribution Frequency: Choose daily, weekly, or monthly contributions.
- Auto-Save Option: Toggle on or off depending on preference.
- Contribution Amount: Enter the amount for each contribution cycle.
- Goal Nickname: Give your savings plan a recognisable name
Step 3: Review & Confirm
- Carefully review the details entered.
- Agree to the terms and conditions.
- Confirm to create the Target Savings plan.