Managing your SACCO account allows you to manage your finances and contributions properly. As a SACCO member, it is important to understand how your account works to receive better SACCO benefits. That way, it will be easier for the SACCO member to understand how their contributions work in the SACCO.

There are several tips that you can apply to ensure you improve on managing your SACCO account:

1. Set Clear Financial Goals

Setting clear financial goals is the first step in managing your SACCO account. That way, you will have a better sense of managing your savings and investments. The best way to go about it is by separating your savings into short-term goals and long-term objectives. For example, you can group your short-term savings into emergency funds and education expenses. Long-term objectives can include retirement savings or saving to start a business venture. Thus, you will have a more definitive method to define your objectives instead of grouping them together.