Jagoans, are you looking for ways to have more money? There are 4 ways that you can immediately practice.
4 Ways to Have More Money
1. Reduce essential and non-essential expenses
There are essential and non-essential expenses. Essential expenses, for example, are groceries and monthly bills. Meanwhile, non-essential expenses are more about wants, such as entertainment and self-indulgence.
To have more money, you can start reducing expenses, both essential and non-essential. You can save on electricity by applying these 3 simple ways at home to cut electricity bills. Spending on groceries can also be reduced, the strategies are in this article.
For non-essential expenses such as going to the cinema or having dinner at a restaurant, you can reduce the frequency of doing it. If you go to the cinema or have dinner at a restaurant every weekend, then you can reduce it to once every 2 weeks or even once a month.
2. Collaborate financially the fun way, the way you want
The second way is really fun to do. Financial collaboration can be done with the closest and dearest people to save on expenses so as to have more money.
For example, you can enjoy streaming services with friends and pay for them together. It's more economical this way. If you and your friends live in a boarding house, you can order food together.
Regarding the financial collaboration, you don't have to worry about how to collect the money. The Shared Pocket in the Jago application makes it easier for fun financial collaborations.
3. Make contributions to savings and/or investments automatic
Do you always set aside money to save and/or invest every month? It doesn’t matter how much you set aside, as long as you do it consistently.
To ensure that you always grow money, one thing that can be done is to automate contributions, both for savings and investments.
If you already have a Jago account, you can use the Autosave feature in the Saving Pocket and Locked Pocket to help your savings grow consistently.
Likewise, if you invest in Bibit mutual funds, for example. You can use the Jago Autodebit payment method in the Bibit application that allows money to be automatically transferred to your Bibit account.
4. Consider a side job
The last way is to consider a side job to have more money. Side jobs are usually more flexible because you choose and decide for yourself, especially in terms of time.
Want to do it after office hours? Yes you can. Want to do it on the weekends? Yes you can. It’s totally up to you.
Ready to have more money? To manage finances, don't forget to take advantage of the features in the Jago application to help you.
