As a man, who doesn’t want to be the ideal husband? Your wife loves you, your children look up to you. To be so, one of the criteria is to be good at managing money. You can follow the money management tips from Babeh.
Money Management Tips from Babeh
1. Separate family needs and personal wants
As a husband and a man, Babeh has many needs and obligations. There are expenses for vehicle services, house repairs, feeding birds and so on. Babeh also has to pay various monthly bills, among other obligations.
To not get confused and mixed up, Babeh needs a loyal friend who can help Babeh separate all his needs or expenses. Babeh chooses Jago because Babeh can 100% rely on it.
Why Jago? Because only in the Jago application Babeh can create what is called ‘Pocket’. Separating one need from another can be done instantly by creating Pockets.
Babeh can create pockets named Feeding Birds, Motorbike Service and Hajj Pocket, all possible, and with separate budgets for each. Babeh is very happy because he can create up to 20 Pockets for all his expenses.
When it comes to bills, Babeh can have peace of mind. Because in the Jago application there is a ‘Plan Ahead’ feature where Babeh can schedule all recurring bills and payments.
2. Savings for family future are mandatory
The ideal husband is not only good at managing what goes out, but also at thinking about the future. Babeh knows this for sure. That’s why Babeh always sets aside money every month for retirement and children’s education.
To keep both savings safe, Babeh creates 2 special Pockets. Babeh has already separated the money for savings in the Retirement Fund Pocket and Children Education Pocket from the beginning of the month. So that money is automatically transferred to this pocket, Babeh schedules savings with Plan Ahead.
3. All family members can depend on Babeh in all situations, including during an emergency
One other thing that is no less important is emergency savings. Babeh is always alert and ready at any time because he already has savings that can be used only in urgent situations. Babeh always makes sure to set aside money for emergency funds every month. Babeh keeps holding back the desire to buy a new motorbike because he loves his family more.
To be 100% safe from ‘naughty hands’, Babeh locks his emergency savings in Jago’s Locked Pocket. But, that doesn’t mean the Locked Pocket locks up money for a long time. Babeh loves Locked Pockets because they are flexible. Babeh can choose whether to lock it for only 14 days or 6 months.
Flexibility is not just about the locking duration. Having top-up flexibility, a Locked Pocket gladly accepts money at any time. So, if Babeh has extra money at the end of the month, he wouldn’t think twice about putting it in a Locked Pocket.
Babeh has told you all his tips for managing finances. In order to be good at money management like Babeh, you can download the Jago application.
