ROSCA stands for Rotating Saving and Credit Associations.  This is the umbrella term originally used by academics and NGO's to discuss a financial product found around the world.  I like to compare the term ROSCAs to using the word bread - societies in every region have something like it, and in each case it's an everyday staple, but mostly known by its local name.  Still, any visitor recognises bread when they see it.  We like to share a list by the Global Development Research Centre that illustrates over 100 names in 70 countries that everyday people use for their alternative to banking: ROSCAs.

In today's digital age, traditional savings methods are getting a modern makeover. Enter the world of money club apps, specifically designed to streamline and enhance the age-old practice of rotating savings clubs. If you're looking for an innovative way to save money with friends and family, here are 10 reasons why a money club app might be your perfect solution.