Positive cash flow is a sign of healthy finances. It is evident when expenses are less than income. Considering that the month of Ramadan will soon arrive, every Muslim is certainly looking forward to it. During Ramadan you can also feel the Indonesian people’s high enthusiasm for shopping, which usually happens before the month of Ramadan until approaching Eid.
Research conducted by The Trade Desk (NASDAQ TTD) and research institute YouGov found that 88% of Indonesians have plans to shop during Ramadan 2023. And, 53% of Indonesians will spend their THR money instead of saving it.
Are you also going to do a lot of shopping during Ramadan? Planning and managing finances properly is the key to keeping cash flow positive. It is important to realize that positive cash flow needs to be maintained not only during Ramadan and Eid, but at all times.
The great thing is, managing cash flow is not difficult if you know how.
Cash Flow Therapy with Nadia Harsya
Certified financial planner Nadia Harsya, in collaboration with Bank Jago, will hold Cash Flow Therapy. In this event, Nadia Harsya will reveal how to be jago at managing cash flow and also discuss 3 main topics regarding Ramadan budgeting and THR, emergency funds and sinking funds.
By participating in Cash Flow Therapy, you will get a PDF module that can be used as a guide in managing finances. In addition, you will join the WhatsApp group for 30 days and get daily reminders to record expenses using an excel file.
You will also be guided to do a weekly expense review, get tips on self-control and budgeting exercises with 40 Jago Pockets directly from Nadia Harsya. On the last day of the event, there will be 1x zoom to celebrate the graduation of all participants. Yeay!
Cash Flow Therapy with Nadia Harsya begins on March 1, 2023 and lasts for 1 month (30 days). However, the March quota has been fully filled. Don't worry, you can also take part in this Cash Flow Therapy in April, from 1 to 30 April 2023.
To become a participant in this event, you can register via Nadia Harsya’s Instagram. Given that slots are limited, please register immediately to confirm your space. Save the date, registration opens H-7 or at the end of March 2023.
Managing Cash Flow is Easy with the Jago Pocket
The Jago Pocket, which you can find in the Jago application, is a feature that makes it easier for everyone to manage cash flow as well as finances.
The Jago Pocket might remind you of manually allocating money into paper envelopes so that the funds for each need don't mix with each other. The concept is similar, but with the Jago Pocket, it is more practical because you can do it digitally via your cellphone.
The nice part is, you can create up to 40 Jago Pockets, all of which can be monitored in 1 application. This way, you don't need to make lots of accounts scattered everywhere. Each Jago Pocket has its own account number and can be personalized according to the intended use of the funds. You can also choose between a Saving Pocket and a Spending Pocket, depending on your needs. In other words, you can have 40 accounts in the Jago application.
By doing budgeting using the Jago Pocket regularly, cash flow can stay positive and you can manage expenses better. So, if you want to try using the Jago Pocket for budgeting before Cash Flow Therapy starts, you can.
Download the Jago application here if you don’t have it yet.
