Way To Wealth: Personal Financial Management with CBA Loop #UnbankYourself

Piece by: Mercy Gakii
Lifestyle

You're reading this article because you're interested in being wealthy ...or at least you've seen and tasted that it's a good place to be, whatever your definition of it. Wealth isn't something that's out of reach, though it can be quite confusing. Regardless of your life experiences and definition of wealth, the bottom line is that you have to plan and be very deliberate about it.

“Beware of little expenses; A small leak will sink a great ship" ..."FOOLs make feasts, and wise men eat them.” ― Benjamin Franklin

As Benjamin Franklin says, it begins with the little expenses. You need to know where your money is going so that you can have a clear picture of what you are doing. You need to be aware of your lifestyle.

Some questions to ask yourself include; Are you cutting your own path? Are you living your life by design? Have you started down that road to being yourself and succeeding while at it? Are you planning to be a successful, renowned professional or business-person? Is your dream to be a major consultant? What's your definition of victory?

Managing money is a skill that takes time to learn. The good news (again) is that it's not impossible. In fact, you can become your own manager. Of everything; from how you spend your time, to managing your finances.

These are skills you can teach yourself using the revolutionary app called, from Commercial Bank of Africa. It's a shortcut actually!

Loop has a Personal Financial Management tool that analyses your spending habits, giving you a better picture of where your money is going. You can see a detailed graph of where your income is spent, so you can be sure your outgoing expenses aren't the result of some magical sorcery.

This way you can plan, track and analyse your money so you can become your own financial wizard

A bank account will never show you that you have an option to invest in some product. It will never advise you on how you are using your money. Now, this is a very crucial instrument when you are cutting your own path to greatness. You need someone to walk with you especially in regard to your money.

While you are at it, Loop will give you a chance to win loads of gifts from Vivo Active Wear, Uber, Mr. Price and other cool brands.

So first things first - install the CBA Loop app from the or from the or from their website then register and login with three simple steps.

Once you are registered to use the app, go get your Loop Card at any of the Loop stores! These are at Yaya, Garden City, Mama Ngina, Sarit centre, The Point BuruBuru, Masai Mall Rongai.

You'll load your first 500 bob into your account as you start your journey to being a mega successful millionaire. Good luck!

About CBA Loop

CBA Loop is a new and edgy money management tool targeted at individual consumers and entrepreneurs. It is a full banking service delivered through a mobile and web application that allows you to be in complete control of your finances.

The service is about delivering experiences through all customer touchpoints, both electronically and physically. It allows for financial freedom to perform payments, set up savings goals and investments, access loans, pay bills many other services. It’s a money manager that helps you analyse your spending patterns, budget and plan your finances. It rewards.

Loop provides a delightful user experience through a user interface that is fun and interesting. It gives you access to payment, credit and investment solutions without paper or promise.

The Loop Store further enriches this experience by providing a space that is aesthetically pleasing as well as functional.

UNBANK YOURSELF, START LIVING WITH LOOP

How to join the Loop

  1. Download the Loop App on either or . You may also choose to register on the
  2. Complete your application and order for your Loop card
  3. Collect your Loop card from any of our swanky Loop Stores
  4. Load value into your App through either

    1. MPESA paybill 714777
    2. Transfer from another Loop Account
    3. Transfer from a CBA Account
    4. Wire transfer from other Banks (EFT or RTGS)
    5. Cash deposit at any CBA branch

Here's to banking so unconventional, it actually makes sense.