Mother and father are an important part of everyone’s life. Thanks to our parents, we can all have and live such precious lives on earth. As children, we can try to show how much we love our parents. There is no need to wait for a special occasion. Wouldn’t you agree? Jagoan, you can start with these 3 ways.
Wisely Show Love to Your Parents with These 3 Ways
1. Start saving for your parents’ retirement fund
When parents are retired, this means they no longer have a steady income to support their daily lives. Even though they may already have their own savings, you can also help parents enjoy a comfortable retirement by starting to save.
Every month you can include your parents’ retirement savings as one of your regular expenses. So you don’t forget, you can separate it by creating a pocket in the Jago application.
Jago Pocket makes it easy for you to separate expenses or needs. In order to remember to save every month, you can change the name of the Pocket to Parents’ Retirement Savings, for example.
The fun thing about the Jago Pocket is that, if you have siblings, you can invite them to save together in the same Pocket. Simply invite them to contribute to the Pocket and the Pocket will become a Shared Pocket. When the time comes for your parents to retire, your retirement savings will be enough and all you have to do is transfer it to your parents. It’s nice when you know they will live their old days comfortably and worry-free.
2. Consider suitable insurance options
Insurance is needed as precautions, especially for parents who are getting older and more susceptible to illness or disease. Once you find the right insurance, you can start paying their insurance bills.
To make it hassle-free and to avoid late payment. With Plan Ahead, you will never skip insurance payments because the money has been separated in advance.
3. Set aside money for emergencies
An emergency can happen to anyone. There’s nothing wrong with setting aside money specifically for emergencies. Just in case something unplanned happens, this emergency fund can help your parents.
Emergencies generally require large sums of money. So, it would be nice and safe if you set aside this emergency fund and don’t mess with it at all, except in urgent situations.
For those of you who are often tempted to spend idle money, you can lock the money in a Jago Pocket. Once locked, the Pocket will become a Locked Pocket.
Because of its flexibility, the Locked Pocket allows extra top-ups at any time. The duration of locking the Locked Pocket also varies, starting from only 14 days. So, when an emergency happens, you can immediately withdraw the money.
You can start showing how much you love your parents by implementing the 3 above-mentioned ways right away. The Jago application can be downloaded here.
