Jagoans, all of you must have already known that anxiety is not a good thing. It makes the mind always worried and us often feel nervous. Anxiety can also make us irritable. There are many types of anxiety, one of which is financial anxiety.
If you often don't want to check your finances or are constantly worried about what will happen if you don't have enough money, you have financial anxiety, which may affect your mental health. The good news, financial anxiety can be overcome.
Overcome Financial Anxiety With These 3 Moves
1. Make a monthly budget
The first move, which is very important, is to start managing finances by making a monthly budget. Budgets for needs, wants and savings are all need to be made, don't miss anything.
By making a budget, it will be clear how much you spend on expenses. You can also make the right decisions regarding what expenses can be reduced slowly or immediately.
Budgeting ensures that expenses are not greater than income, cash flow remains positive and some money is saved. Savings help keep your financial secure so that you are far from financial anxiety.
Creating a budget practically can be started by creating a Jago Pocket. Separate each need into its own Pocket and move its budget from the Pocket that is the source of funds.
2. Make saving automatic
As discussed in point 1, saving helps you stay away from financial worries. To ensure that there is always money set aside for savings, just making a budget is not enough. You could have made a budget for savings, but then forget to move the money into savings. If so, savings will not grow.
To be more certain and also free you from the hassle of transferring money, you can automate saving. This way, the money will automatically move to savings according to the time you specify. To save automatically, you can take advantage of the Autosave feature in every Saving Pocket that you have created in the Jago application.
With regard to savings, you can make emergency savings a priority over other types of savings. Once you have an emergency savings, you can continue to save for other financial goals.
3. Look for additional sources of income
No less important, you can look for ways to earn extra income if you feel that your current income is just about enough to meet your expenses and saving needs.
By having additional income, you can breathe more easily and no longer need to worry about your financial condition. There are many things you can do to earn extra income. Depending on your skills, there are a number of jobs you can do, such as working part-time (on weekends), freelance work, training and coaching, etc.
Jagoans, let's apply the above-mentioned moves and remember to be disciplined in managing finances. To help you, don't forget to use Jago.
The Jago application can be downloaded here for those who don't have it yet.