Many married couples dream of having a baby to complete their small family. Indeed, having children is one of the most beautiful moments in life. There are many preparations needed before having children, including financial preparations. Make sure you are ready to spend money on all major expenses during pregnancy, childbirth and postpartum.
Big Expenses Related to Pregnancy, Childbirth and Postpartum?
1. Costs of pregnancy check
Consulting an obstetrician to ensure that the fetus grows and develops as the gestational age progresses and is always in good condition cannot be done just once.
You need to prepare consultation fees at least at the beginning of pregnancy, every time you enter a new trimester and of course when labor arrives. Please remember, also consult with an obstetrician if signs of pregnancy problems and reproductive health problems appear. Consultation costs vary, usually depending on the region and hospital chosen (reference: Halodoc).
2. Other costs outside the obstetrician consultation fee
Make sure you also prepare money for other necessary costs. Common costs that commonly arise during pregnancy include costs for ultrasound, vitamins to be consumed before giving birth and laboratory examinations (reference: Nerd Wallet). Just like doctor consultation fees, these supporting fees also vary depending on various factors.
3. Labor costs
The birthing process costs a lot of money. Just the way you want, you can choose to have a normal birth or caesarean section. The costs will differ, not only because of the type of surgery you choose, but also because of factors such as the hospital and the type of treatment room. Prepare funds in the range of millions of rupiah just for the cost of delivering a baby itself.
4. Postpartum costs
After giving birth, it turns out there are still costs that you need to prepare money for. You and your baby still need to see a doctor. Especially in the early months after the baby is born. Make sure you have regular check-ups at least every month to make sure everything is fine.
Also read: Unexpected Big Expenses When Having a Child for the First Time
Be Disciplined in Preparing Money for All the Big Expenses with the Jago Pocket
Consistently setting aside money for savings is the key so that you can go through pregnancy, childbirth and postpartum with peace of mind. Because there are many needs to fulfill, you can manage your finances using many Jago Pockets. Because the Jago Pocket is the same as a bank account.
1. Create as many Jago Pockets (bank accounts) as you need
Of the various unexpected big expenses above, will you put them all together or separate them? Whatever your choice, with Jago you can manage your needs the way you want.
Create 1,3, 5 or even more Jago Pockets to start managing your finances for the expenses above. No need to worry if there are other needs such as shopping and monthly bills. Since you can create a lot of Jago Pockets, they will be enough to manage all your needs.
2. Consistently allocate a budget or set aside money to the Pockets automatically with Auto-Budgeting
To make it easier for you to move money or budget from the source Pocket to the destination Saving Pocket and Spending Pocket, take advantage of the Auto-Budgeting feature in the Jago application.
Set the nominal you want to transfer to each Pocket (the nominal for each Pocket does not have to be the same). Also decide the frequency and automatic budgeting schedule that you want. After confirmation, see that the budget will move automatically. Hassle-free, isn’t it?
3. Can also save money in the Jago Term Deposit
After saving for some time to cover the costs associated with pregnancy and childbirth, it would be a shame if the money was used for other expenses.
If you are easily tempted to use the money in your savings, you can secure it in a Jago Term Deposit. Once you have accumulated enough savings in your Jago Pocket, just move it to the Jago Deposit if you won't be using the money in the near future. The greater the savings amount in the Deposit, the greater the interest you will get.
4. Want to save money with your spouse? Use the Jago Shared Pocket
Do you feel more enthusiastic about saving when you do it together with your spouse? With Jago, you can easily save money together.
Open a joint savings account using the Shared Pocket. Make sure your partner also has the Jago application and has registered for a Jago account so they can join the Shared Pocket.
Once you and your partner have both become members of the Shared Pocket, start saving money together for various unexpected big expenses above.