Already have a Jago savings? Awesome. There are ways that you can do to maximize savings. Some of them are ways to continue saving consistently easily, practically and hassle-free.
How to Maximize Your Jago Savings Effectively
1. Save in a Locked Pocket
Why can saving in a Locked Pocket maximize your Jago savings? Because the Locked Pocket gives higher interest than the Saving Pocket. Nice, right?
It's not just about interest, Jagoans. If you save in a Locked Pocket, your money will be safe from irresponsible use. Because it is locked, savings cannot be tampered with. But don't worry, the locking period is flexible. You can lock the Pocket from as short as 14 days.
To create a Locked Pocket , you can do it right from the start. However, you can also create a Saving Pocket first and then turn it into a Locked Pocket by selecting the Lock Pocket option.
2. Set a saving target
The next tip to maximize your Jago savings is to set a saving target. Setting a target can be a motivation because every day brings you closer to achieving your dreams.
Although everyone's dream is different, every dream is meaningful. So by setting a saving target, you can monitor the progress of saving. Want to reach your dreams faster? Put more money into savings.
You can set a saving target for every Locked Pocket or Saving Pocket that you have created. The option appears once you click the Pocket.
3. Use a feature in the Jago application that lets you save money automatically
The third tip to maximize savings with Jago is to activate the Auto-Budgeting feature. As the name implies, the feature makes saving run automatically. If you want maximum savings, of course, there must be money that goes into savings consistently.
Find out how to use Auto-Budgeting here.
4. Save or invest money in a Jago Term Deposit
If you have long-term financial goals but need a flexible savings solution, you can choose the Jago Term Deposit.
The Jago Term Deposit offers flexibility in saving period and withdrawal as well as competitive interest rates. If it's not for saving emergency funds, the Jago Term Deposit can be relied on to help you resist the temptation to use money in savings and at the same time achieve future financial goals.
Well, those are the tips from Jagomin for you to maximize your Jago savings.
