Jagoan, did you know that not all FOMO is bad? In financial matters, some FOMO can actually make your life more blissful. Ready to find out?
What Does FOMO Mean?
FOMO is short for Fear of Missing Out. In short, FOMO can be defined as a feeling of fear or anxiety because you missed doing or experiencing something.
For example, all your friends bought branded bags which are exorbitantly priced and are currently trending. Since you fear of missing out, you end up buying it. In fact, you don't need the bag. You end up spending a lot of money just to have what other people have.
The example above is a bad example of FOMO. But actually, there is also good FOMO. By following it, you can live a more blissful life. In this article, Jagomin will discuss things related to finance. You can also practice managing your finances with Jago Syariah using the Jago application.
FOMO That You Are Looking for: Always in Advance in Managing Finances According to Sharia
1. Choose bank accounts with Wadiah and Mudharabah akad
Managing finances according to sharia can be applied in everyday life. Because according to sharia is in accordance with Islamic teachings. In choosing a savings product, for example, you can open savings accounts with Wadiah and Mudharabah akad.
Wadiah and Mudharabah akad are available in Jago Syariah. The Jago Syariah Saving Pocket and Spending Pocket use Wadiah Yad Dhamanah akad without interest, while the Sharia Deposit uses Mudharabah Muthlaqah akad with profit sharing.
Through the Jago application, you can create Saving Pockets and Spending Pockets as well as Sharia Deposits in the quantity according to your needs. Of course, there will be digital ijab and qabul first. The freedom to create multiple Pockets and Sharia Deposits makes it easier to manage your expenses, savings, and achieve your dreams or realize your future plans.
2. Giving sadaqah and zakat regularly
Another FOMO that can make you calm and live happier is helping others in need. The way to do this is by giving sadaqah and zakat regularly. When other people do it, don't miss out on it. Giving sadaqah and zakat are commendable actions recommended in Islam.
To make it easier for you to give sadaqah and zakat regularly, use the Jago Syariah Pocket feature. Create a separate Pocket for sadaqah dan zakat and automatically set aside a budget into this Pocket on the specified date. Next, use the Jago Amal feature available in the Jago app to make it more practical to give sadaqah and zakat from anywhere and at any time.
3. Building emergency funds consistently
Other people already have emergency funds. How about you? To avoid missing out, start building your own emergency funds. By having emergency savings, you can be more calm in facing and overcoming something that happens suddenly or unexpectedly. Not only that, with an emergency fund you don't need to go into debt or dip into your other savings.
Build emergency funds using the Sharia Deposit for peace of mind. Why the Sharia Deposit? Because you can withdraw your deposit whenever needed, even if the maturity date is still long, without penalty. Plus, the disbursement process is instant and direct from the Jago app. Disbursed deposit funds will go into the Main Pocket.
4. Being disciplined in preparing savings for various future financial goals
Everyone certainly has dreams they want to achieve. Don't miss out on saving money to make your own dreams come true, no matter how long it takes. Discipline and consistency in saving money brings you closer to achieving your dreams.
As stated above, you can save using the Savings Pocket and Sharia Deposit. For long-term financial goals, Jagomin recommends that you save in a Sharia Deposit to get profit sharing. The Sharia Deposit also protect your savings from being used for other purposes, since you can choose the saving period according to your needs.
Did you know that by saving money you are doing good to yourself? Because not all the money you have is spent, so you prevent bad spending habits, which are prohibited in Islam.
