If you spend all your money on shopping and wants, what will happen to your savings? Do you often think that or hear that question asked by other people? Indeed, often the temptation to always spend money keeps coming. However, this can be countered by managing money using Jago and its ecosystem. It's time to try the 4 Sehat 5 Sesuai Maumu menu for healthy finances.
Maintain Healthy Finances with the 4 Sehat 5 Sesuai Maumu Menu
As long as you use the Jago application to manage your money, you can have and maintain healthy finances. Manage the budget for every need easily, so spending and saving money can both happen at the same time.
1. Allocate budget regularly to the Jago Pocket
The awesome thing about using Jago is that you can create lots of Pockets to manage various needs. In other words, each need can have its own Pocket for you to manage funds separately.
What is more important than creating lots of Jago Pockets is allocating your budget regularly. Of course, the budget portion must be right. It is just not ideal if you allocate most of your budget for shopping, while only a very small amount of the budget is allocated for savings.
To help you budget regularly and automatically, the Jago application has this feature in each Saving Pocket and Spending Pocket.
2. Spend money wisely and mindfully
Allocating a budget regularly is the first step to achieving healthy finances. Next, you still need to use the allocated budget wisely.
The monthly shopping budget for daily necessities, for example, is prioritized to buy what is really needed. Don't use up all the budget because you are tempted by super big discounts on things you don’t really need.
Read more about how to be good at mindful spending in this article.
3. Invest for the long term
To have healthy finances, short-term investments alone are not enough. You can start setting aside some money to invest for the long term. For example, start saving for retirement funds while you are still young.
Long-term investment becomes easier using Jago and its ecosystem. You can invest money in a Jago Term Deposit to get competitive interest. Some other options available in the Jago ecosystem include investing in mutual funds at Bibit directly from the Jago application and investing in stocks at Stockbit using Jago RDN.
4. Secure emergency funds
To ensure financial health, make sure you have secured emergency funds. Having emergency savings helps you be more calm in facing unexpected events. Having emergency savings also ensures you don't take money from other savings when something unexpected happens.
Build emergency funds in a safe place such as the Jago Term Deposit. The Term Deposit helps protect emergency funds from being used for other purposes, either intentionally or unintentionally. But at the same time, the Term Deposit can be withdrawn at any time and from anywhere without penalty. In other words, even though the deposit has not yet matured, you can still withdraw it early without paying any fines.
5. Do everything consistently the way you want
It takes consistency and discipline to manage money for healthy finances. The Jago application, with its various features, is here to help you manage your finances the way you want.
You can create the Pocket Jago feature in the quantity you want, depending on how many needs you need to manage. With the Auto-Budgeting feature, you can set the budget and frequency for each Pocket the way you want. With the Term Deposit feature, you can choose the saving period the way you want Likewise, there are other features that you can use the way you want to become even better at managing your money and ensuring healthy finances.
