Surabaya, 22 September 2024 - The younger generation often faces challenges in managing and achieving their financial goals. These challenges include balancing needs and wants, achieving financial security, and building habits that ensure sustainability and financial goal attainment.
However, with the rise of digital technology, many digital applications from financial institutions can assist in making financial management easier. This was highlighted during a financial education event titled Atur Uang Sesuai Maumu (Manage Your Money Your Way) with Jago and Bibit in Surabaya, featuring speakers Yoyo Cahyadi, Head of Treasury & Financial Institution at PT Bank Jago Tbk, William, PR & Corporate Communication Lead at PT Bibit Tumbuh Bersama (Bibit), and financial planner Rista Zwestika.
As a technology-based bank, Bank Jago has developed the Jago App, which can be customized and personalized to meet each customer's needs and financial goals. In managing finances, the Jago App uses a feature called "Pockets."
Yoyo Cahyadi explained that the Pockets feature works similarly to the traditional envelope method used for allocating money. Customers can separate their funds into different categories based on their needs, wants, and financial goals.
“Jago App users can create up to 60 pockets, each with its own account number. This makes it easy to manage funds coming in and out directly from the desired pocket, ensuring that money allocation doesn’t mix, helping users achieve their financial goals according to their preferences,” Yoyo explained.
Another unique feature of the Jago App is its integration into various digital ecosystems or apps commonly used in daily life, such as the GoTo ecosystem (Gojek, GoPay, Tokopedia-TikTok) and digital investment platforms like Bibit and Stockbit. Yoyo mentioned that this collaboration and integration not only simplify access to digital services but also make financial management easier for users.
“Since 2021, Bank Jago has been collaborating with the strategic ecosystem partner Bibit to provide interconnected financial products and services. This allows customers to manage their finances and invest easily, quickly, and seamlessly,” he said.
William added that the collaboration between Bibit and Bank Jago enhances convenience for individuals investing in the capital market. The partnership includes innovative features, such as Jago Autodebit, which helps investors regularly and consistently invest. There’s also an instant redemption feature for mutual funds and Jago’s Customer Fund Account (RDN), making it easier to invest across various asset classes on Bibit.
“At Bibit, we believe that everyone deserves a better financial future through the right investments in the capital market. The innovative features and collaboration with Bank Jago aim to help them achieve better financial goals in the future through regular and disciplined investing,” William explained.
To help achieve financial goals, Bibit offers a feature called the Systematic Investment Plan (SIP). This feature allows for automatic and regular transfers of funds for investments, so investors don’t need to manually move funds or worry about forgetting to invest on the scheduled date.
“The SIP feature has proven to deliver optimal long-term investment results by combining the power of compounding and regular savings (dollar cost averaging). This aligns with our vision and is made possible through collaboration with Bank Jago,” William added.
Rista Zwestika emphasized that the younger generation should not worry about managing their finances and achieving their financial goals. She explained that they can take steps early in financial management without waiting for their financial situation to improve, such as allocating funds and planning a budget.
“Given our dynamic lifestyles, we are vulnerable to challenges in financial management. If we wait for better conditions or for the money to ‘arrive,’ it will take even longer to achieve our financial goals,” Rista stated. With advancements in digital technology, she noted that digital apps from various financial institutions, banks, investment management firms, and fintechs, such as the Jago App and Bibit, can help and simplify financial management.
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Tentang Bank Jago
Dirancang khusus sebagai bank berbasis teknologi (tech-based bank) yang tertanam di dalam ekosistem digital Indonesia, Bank Jago memiliki aspirasi untuk meningkatkan kesempatan tumbuh berjuta insan melalui solusi finansial digital yang berfokus pada kehidupan. Bank Jago membangun produk dan layanan perbankan, baik secara konvensional maupun syariah, yang dapat dinikmati seluruh lapisan masyarakat, mulai dari ritel (consumer), mass market, sampai usaha mikro, kecil, dan menengah (UMKM).
Bank Jago mengembangkan Aplikasi Jago (Jago App) yang dirancang untuk dapat tertanam di berbagai ekosistem digital, serta dapat disesuaikan (customized) dan dipersonalisasi (personalized) agar kompatibel dengan teknologi pelaku ekosistem dan kebutuhan masing-masing nasabah. Kolaborasi dengan ekosistem ini mempermudah nasabah untuk menjalani kehidupannya.
Untuk informasi lebih lanjut hubungi:
Marchelo
Corporate Communication
PT Bank Jago Tbk
Tentang Bibit
Bibit adalah aplikasi investasi yang membantu investor berinvestasi di berbagai kelas aset yang terdiversifikasikan, seperti reksa dana, surat berharga negara yang dapat dibeli di pasar primer dan sekunder seperti Obligasi Negara Ritel (ORI), Savings Bond Ritel (SBR), Sukuk Tabungan (ST), Sukuk Ritel (SR), Fixed Rate (FR), Project Based Sukuk, serta saham. Bibit juga menjadi platform Robo Advisory terdepan di Indonesia, yang sudah berlisensi dan diawasi oleh Otoritas Jasa Keuangan (OJK) sebagai Agen Penjual Efek Reksa Dana (APERD), Mitra Pemasaran Perantara Pedagang Efek Level II, dan ditunjuk oleh Kementerian Keuangan RI sebagai Mitra Distribusi Resmi SBN.
Kontak:
William
PR & Corporate Communication Lead
PT Bibit Tumbuh Bersama
+62 821 3784 9975
