Many people think cashless payments are the reason they run out of money quickly. It doesn't feel like you're spending money, but suddenly the balance in your bank account is low. Do you feel that way too?
Cashless Payments with Bank Jago Actually Help You Avoid and Prevent Overspending
If you feel what other people feel when they opt for cashless transactions, this means you haven't tried paying cashless with Jago.
1. Manage your budgets for shopping, buying food and drinks as well as other needs using the Jago/Jago Syariah Pocket
Before you buy or paying for something, you must have the money first. The first step you can take to ensure you don't overspend is to manage your budget well.
Budgets for shopping, food and various other needs, can all be separated into different Pockets in the Jago application. Create a Pocket for each need and allocate the budget. Of course, the budget must be set in the right portion. For example, not all budgets are just for shopping or food.
Want to manage budget automatically thus freeing you from some hassle? Use the Auto-Budgeting feature available in your Jago/Jago Syariah Pockets.
2. For cashless payments using QRIS Jago/Jago Syariah, you can choose any Spending Pocket as a source of funds
You can use any of your Spending Pockets as a source of funds when shopping or buying something using QRIS Jago/Jago Syariah. By choosing the right Pocket, you will automatically only use the allocated budget.
In other words, when you go shopping you will only use the budget from the Shopping Pocket. Likewise, when you buy snacks and coffee, gifts for your children, hit the cinema, enjoy other entertainment, give self-rewards or pay for any needs cashless.
3. For cashless transactions using Jago/Jago Syariah debit cards, you can choose any Spending Pocket as a source of funds and set daily transaction limits
Just like when paying with QRIS, you can also change the Pockets linked to your Jago/Jago Syariah debit card.
In fact, through the Jago application you can set daily transaction limits for transactions with debit cards. For example in EDC machines, online payments, payWave, and even when making international payments. So it can really help you not to be wasteful, right?
Just Because You Have Money Does Not Mean You Have to Spend It All
Self-control and choosing non-cash payments that can help reduce or prevent overspending is indeed important. But, there is another thing that is no less important, i.e. bigger goals. What financial goals do you want to achieve in the near and long term?
1. You can save money automatically at Bank Jago: consistent without hassle
Instead of spending all your money, you can save some. The way to ensure that savings continue to grow is the same as ensuring that you do not overspend, namely by creating a budget plan.
Discipline and consistent saving can be done more easily and hassle-free by utilizing the Auto-Budgeting feature, as discussed in the point above.
2. You can choose where to save your money at Bank Jago, and you can save according to sharia (for Jago Syariah users)
There are options where you can save according to your needs and financial goals. For Jago users, you can save in the Saving Pockets, Locked Pockets and Term Deposits.
Meanwhile, for Jago Syariah users, you can save more blissfully according to sharia in the Savings Pockets with Wadiah Yad Dhamanah akad and Sharia Deposits with Mudharabah Muthlaqah akad.
Get to know more about the differences between Jago and Jago Syariah here.
For all Jagoans, you can start transacting and making cashless payments. Now you know that not only is it more practical, non-cash payments can actually help you control expenses and avoid overspending.
