| Tips Cerdik Menghadapi Ketidakpastian Ekonomi |
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Cerdik dalam Menghadapi Ketidakpastian Ekonomi
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Who says dealing with economic uncertainty has to be a pain? In dealing with economic uncertainty, one of the main keys is to manage finances wisely, especially in terms of saving. Finance and savings become a strong foundation to protect ourselves from economic shocks that may occur. By having sufficient savings, we can be more calm in facing the changes that occur around us.
Even so, you also need to know smart steps to anticipate the economic uncertainty. What are they?
- Prepare an Emergency Fund
Emergency funds are funds that are prepared to deal with conditions where you have to spend an amount of money to meet unplanned needs. Because it is incidental, this need can come at any time.
The amount of the emergency fund can be adjusted according to the estimate. To make it easier to prepare, you can refer to your monthly needs. To be safer, you can prepare an emergency fund of about 6 to 12 times your monthly expenses.
- Reduce Family Expenses
Increasing income is the ideal way to keep your family's finances safe in the face of unstable economic conditions, but increasing income is not always easy.
The step that can be taken by Sahabat digibank is to make savings so that the existing income can be maximized. To be able to reduce family expenses, you first need to evaluate which items are considered wasteful, while in fact there are many expenses that can be cut.
You can reduce the family expenses, such as reconsidering whether to pay for subscription TV, replacing the family menu with a more economical one. You can also reduce the burden on your family by reviewing the means of transportation that you use and choosing a more economical one.
- Live a low-key life
There are many people who live beyond their financial means just because they follow the trend or don't want to be left behind by their friends. Actually, you don't need to follow this habit and should focus more on managing your finances.
Living more simply doesn't mean enjoying life less! In this case, we learn to prioritize and focus on the important things, such as relationships with loved ones, experiences that make us happy, and be grateful for what we already have without constantly having excess desires. By living simply, we can find happiness in the little things and feel satisfied with what we already have. So, even though it's simple, life can still be fun and meaningful, right?
No need to be shy or afraid of being considered outdated, because later those who will enjoy the habits you do are yourself. It's better to start living frugally from now on so that you have plenty of reserve assets to deal with uncertain economic changes.
Also Read: Tabungan: Manfaat, Penyebab Sulit Menabung & Tips Suksesnya
- Keep up with Economic Trends
This is important so that you can project the conditions that may occur in the future. This way, you can anticipate and strategize to keep your financial condition safe.
Follow up to date information that is widely published in social media and print media. You can also participate in forums that discuss economic issues. These changes are not always bad, they can even open up new opportunities to open a business so that you remain financially secure.
- Pay off your debts
Debt is often used as a solution to financial problems, but it's not always true. In fact, debts taken unwisely can cause financial conditions to worsen and cause new problems because the burden of monthly installments will reduce your ability to meet your needs.
Therefore, the key is to prioritize what things you will make into debt, and set a good timeframe to be able to pay off the debt immediately.
- Focus on essential needs
Many people fall into the trap of impulse shopping, where they don't think about whether they need to buy the item first. If this continues to happen, it can cause financial problems that result in incapacity when the economy changes because you don't have a reserve fund.
To avoid this, make sure you make a shopping list and always follow it consistently. Be smart in utilizing promos as much as possible, so that expenses can be reduced.
It is better to prioritize which items must be purchased now, can be postponed and can even be crossed off the shopping list. This method is effective enough to secure finances and use them to fulfill other more important needs.
- Start being frugal and saving money
Frugality and savings are two important things to prepare you for economic uncertainty. Frugality does not mean being stingy with yourself, but being more careful in preparing your finances for a future full of uncertainty.
Meanwhile, saving money means that you have prepared funds to meet future needs that are uncertain. You can easily open an online savings account at digibank by DBS to save your money and use it when you really need it.
For example, by saving in Tabungan Maxi at digibank by DBS, you can get high interest rates that can be your foundation in securing your money, and planning your finances well.
You can utilize the Dompet feature to organize your savings posts or budget allocations to be more organized according to your needs. You can also easily change the name of the wallet to make it more personalized and in line with your saving goals.
To open a digibank by DBS account is very easy with a 100% digital process, only need to verify your face with the face biometric feature, selfie directly from your smartphone, and prepare an e-KTP. With 1 digibank App, not only saving, you can do various daily transactions to invest online in just 1 application.
Also use the BI-Fast feature, where you can transfer for free without quota.
