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Inflation rate is still high at 23.18%. That is why earning more in addition to your salary is a wise financial move. Instead of letting inflation reduce your lifestyle, you can put your salary to work. You are already working hard to earn a salary, so why not make it work for you?
You can earn more money by investing a portion of your salary in the Coronation Money Market Fund (CMMF).
Download the Coronation Wealth App Plus on Apple IOS or Android Play Store, or get started by signing up on the Investment Portal. Easily track your returns, monitor transactions, and withdraw your earnings after a month with an easy redemption option.
Coronation MMF allows you to invest any amount (starting from ₦10,000 and increasing it at your own pace) in low-risk, short-term investments like treasury bills, fixed deposits, commercial papers, and government bonds. These investments generate interest, which is then paid to you as returns.
Unlike a regular savings account, CMMF offers higher yields and the flexibility to withdraw your earnings periodically. This flexibility makes it a smart way to grow your money because your earnings and capital are accessible after a month of investing in the fund.
Reinvest for Compound Growth – Let interest build over time instead of cashing out immediately.
Use CMMF for Expense Planning – Instead of leaving cash idle, place funds in CMMF to earn passive income for bills, rent, or savings.
While CMMF alone may not fully replace a salary, it offers a steady, low-risk income stream that can supplement your earnings and improve your ability to maintain your lifestyle. By reinvesting returns, you can create a dependable financial safety net that works for you.
Oluwatobi Adeleye
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If you need help onboarding on the Coronation Wealth App, please contact:
Nneamaka Alex-Okenwa
Maryam Jimmoh
08179381584