Have you all taken Fintamin A, Fintamin B and Fintamin C yet? Jago has discussed their uses, which if consumed consistently can make you not only financially healthy but also financially mature, in several different articles.
Now for Fintamin D, its main goal is to strengthen the financial immune system and finally improve your overall financial health. Save and invest are two elements contained in Fintamin D. What about the "D"? Read on.
Fintamin D: Discipline to Save and Invest
As you see, the key to Fintamin D lies in the word "discipline". Without the discipline to save and invest, you will not be able to strengthen your financial immune sytem.
The discipline to save and invest is best started at an early age, when you start earning income. Ferdie Darmawan, who is part of the MultiFintamin team, agrees with this. Ferdie suggests that you can start saving since you get your first salary. Over time, you will be able to see your money grow if you start early.
Saving and investing can be grouped into two categories: for short term and long term. It all depends on the financial goals you want to achieve.
By saving and investing regularly, you can make your dreams come true. Everyone’s goals may be different. Some people may want to be able to go to hajj, pay tuition fees for themselves or their children or start their own businesses. All of these can be accomplished through saving and investing.
Then, there is also a purpose of saving and investing that applies to everyone without exception, which is as emergency precautions and for retirement.
Nobody likes an emergency. But, try to imagine if there was an emergency, whether a serious illness or being fired. Emergency fund savings can be used for medical expenses or help you survive until you get a new job.
Furthermore, you will definitely enjoy using retirement funds from the results of your saving and investing for years, compared to if your retirement is supported by others. As much as possible, we should not be a burden or rely on others to support our retirement.
Can Start Disciplining Yourself to Save in a Locked Pocket
Resisting the temptation to spend extravagantly on things that are not really important or less needed now for a secure future can be your lifestyle from now on.
Instead of using money for temporary pleasure, how about you save your money? In addition to being less extravagant, you can save regularly and also enjoy interest on the money you save.
But, it’s better not to save your money in the bank. You are actually losing money if you let money sit in your bank account. There are many ways to make money work for you. One that is flexible, makes you enthusiastic and motivates you not to use money as you please is to save money in a Locked Pocket, which can be found in the Jago application.
You can start disciplining yourself to save in Jago’s Locked Pocket. The Locked Pocket can help you restrain yourself from spending money.
Only by locking money in a Locked Pocket, you can enjoy passive income in the form of interest up to 4% p.a.
What’s more, you can save and lock your money in a Locked Pocket starting from as short as 14 days. The short lock period is perfect for those of you who are beginners in saving money.
Over time, you will get used to not using money carelessly. With more confidence, you can lock the money longer, up to 6 months. After 6 months you can continue to extend the duration of the lock. Finally, aving will become a habit that makes you proud.
Many Choices of Investment Instruments
There are many types of investment instruments that you can choose from, such as mutual funds, deposits, gold and property. The best investment instrument for you, of course, depends on your financial goals.
If you want to invest in mutual funds, for example, you can enjoy hassle-free and smart investments with Bibit. You can download the Bibit application and then create an account, which can be done in minutes. No need to fill out many forms or documents.
Mutual fund investments with Bibit are smart because Bibit uses a scientifically proven Robo Advisor. After you answer a few simple questions about your risk profile, Bibit’s Robo Advisor will automatically diversify your mutual funds portfolio according to your risk profile. However, you can still determine the percentage for each investment.
Jago has also collaborated with Bibit to encourage you to be more disciplined in investing. Jago’s Auto Debit feature ensures you never miss a mutual fund investment every week or every month, depending on the time period you choose.
You don’t have to worry about top-up fees for mutual fund investments with Bibit. Through Jago, you don’t have to pay any top up fees. Then, for those of you who are not used to investing and just about to start consuming Fintamin D, you can start investing from Rp 100 thousand!
Make sure you are financially healthy not only now but also in the future by taking Fintamin D: discipline to save and invest. You can download the Jago application here.