Types Of Accounts You Must Have If You Want To Live Better

Types of Accounts (Image of Steve Buissinne - Pixabay)

YOGYAKARTA - When it comes to accounts, of course, this is not a single in our ears and of course you also have it. However, how many types of accounts do you have? Are you people like those who use one account for all transactions or separate types for their respective needs? This time we will discuss the types of accounts.

Launching from several sources, according to Pandji Harsanto, having many separate accounts for your needs will make it easier for you to manage your finances properly.

Furthermore, Forbes emphasized that sorting out accounts as desired will make it easier for you if you want to invest.

This is because the budget for investment lies in a separate account from other accounts.

Then, what accounts can you create? Let's find out!

Accounts for daily needs

The initial account that you must have is an account for your daily needs. You can set aside the budget that you have provided for your daily needs in this account.

This account is intended for expenses whose character must be paid every month. For that, use an account from an easily accessible bank and a small administrative fee.

Accounts for personal savings

The next account that you must have is an account for personal funds.

You can use this savings account for your wish or the will of your long-term character, for example to continue studying, buying a house, or as a pension fund.

The amount of the budget that you can set aside for this fund account is related to the amount of your current income.

Accounts for emergency funds

Emergency fund accounts are another type of account that you must have. A kind of name, emergency budget accounts are used to meet your needs whose characters are critical or sudden.

This account can be used if you experience illness, disaster, or other serious conditions whose costs cannot be guaranteed by insurance.

By having this account, you don't need to be confused when experiencing these situations.

Accounts for investment

You can make investment accounts if you really have the will to invest. You can also use this investment account as a pension fund.

If you have not decided what form of capitalization you will do, you can open a savings fund type account.

Account for Healing

As the name suggests, a picnic account is more aimed at fulfilling your wishes. For example, making travel at the end of the year or buying the latest gadgets you want.

The amount of the budget that you can allocate for this account is also influenced by the amount of your body. However, the budget should not be more than 15% of the amount per month.

That way, you can always fulfill your story without being wasteful.

So after knowing the types of accounts, see other interesting news on VOI, it's time to revolutionize news!