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.