Good family financial planning is one way to show how much you love your family. With family finances becoming more organized, financial stability will be better maintained. What can you and your spouse do to manage family finances more practically and easily but always in accordance with sharia?
How to Manage Family Finances and Avoid Bad Spending Habits: Use the Jago Application
To be able to start managing family finances properly and according to sharia principles, you can use the Jago application by first registering for a Jago Syariah account (if you don't have one yet).
1. Manage finances for household and family needs in multiple accounts using the Jago Syariah Pocket
There are certainly many kinds of needs in the family, and every family has different needs. Family holidays, eating out together, school fees, pocket money for the little ones, transportation, shopping, as well as electricity, internet and water bills, are all examples of household needs.
To manage family finances well, ensure expenses are less than income and avoid overspending, you can take advantage of the Jago Syariah Pocket feature in the Jago application.
How many expenses do you have to manage? 10, 15, 20? You can separate them into their respective Jago Syariah Pockets. Because in the Jago application, you can create lots of Spending and Saving Pockets. A Pocket is the same as a bank account. So, by creating a new Jago Syariah Pocket, you are opening a new account.
By being disciplined in budgeting and using funds that have been allocated for their intended purpose, you ensure your family's financial stability.
2. Manage daily, weekly and monthly family finances automatically using the Auto-Budgeting feature in the Jago application
With Jago Syariah, you can manage your family finances according to your own needs and in your own way. Are you more comfortable making a daily, weekly or monthly budget plan? What about the budgeting method, do you prefer automatic or manual? Manual budgeting in the Jago application is as easy as moving money between Pockets, without needing to remember Pocket numbers.
Prefer to be hassle-free? Take advantage of the Auto-Budgeting feature to move funds from the source Pocket to the destination pocket automatically. You can set the schedule and amount yourself (it doesn't have to be the same for each Pocket).
When making a budget plan, it is important to remember to prioritize family needs, obligations and savings first before wants. In this way, you ensure your family's financial stability.
Boost Savings: Be Disciplined in Growing Money with the Sharia Deposit and Investing in Mutual Funds with Bibit
Apart from separating many needs into many Pockets and making a budget plan for more organized finances, another way to ensure family financial stability is to increase the amount of money saved. The more savings and investments you have, the more at ease you and your family members are.
With Jago Syariah, you can protect your savings from being used and get profit sharing from the Sharia Deposit. You can also opt to auto-renew principal funds and profit sharing automatically when your deposit matures.
Another option is to take advantage of the ease and comfort of investing in sharia mutual funds from the Jago Syariah and Bibit collaboration. Top up your Bibit Pocket from the Jago application after you have linked your Jago Syariah account and Bibit account. Monitor investment portfolio performance directly via the Jago application.
Wadiah and Mudharabah Akad at Jago Syariah
You can save, make transactions and manage your family finances with Jago Syariah with peace of mind because the akad used are Wadiah and Mudharabah.
Wadiah Yad Dhamanah akad with 0% interest is available in the Jago Syariah Saving Pocket and Spending Pocket. Meanwhile, Mudharabah Muthlaqah akad with profit sharing is available in the Sharia Deposit.
Learn more about Wadiah Yad Dhamanah akad in this article and Mudharabah Muthlaqah akad in this article.
Don't Have a Jago Syariah Account Yet? Register Now and Enjoy Digital Banking Innovations According to Your Needs
Don't have a Jago Syariah account but want to be able to manage household finances according to sharia right away? Complete your Jago Syariah account registration from anywhere and anytime.
You can also invite your spouse to register with Jago Syariah so you can manage your family finances together using the Shared Pocket. Other digital banking innovations that you can use according to your needs include transactions using Jago Syariah QRIS and debit card with funds that can be withdrawn from your chosen Pocket.
