Childfree Become Free Of Financial Independence? Prepare This In The Past!

Illustration of Rupiah (Photo: Doc. Antara)

JAKARTA - Recently, the public is being enlivened by debates over childfree choices in marriage. This choice is said to be able to free a partner in the family from the complexity of the preparation of funds needed to raise children.

However, did childfree necessarily make someone financially free?

Quoting the educational article OCBC NISP, Jakarta, Sunday, January 26, childfree decisions or not are the personal decisions of each individual. However, keep in mind that we must be responsible for every decision we have made, including the responsibility in managing finances so that the funds we have can support us to live independently in the future.

Therefore, let's look at some preparations for funds that need to be considered so that any choices taken will not burden ourselves, especially others around us.

1. Pension Fund We need to remember that it is impossible for us to work forever, especially when we are non-productive. Allocation of correct pension funds from an early age is needed so that you can live independently.

If you are an employee, then make sure you have registered yourself as a participant in the BPJS Ketenagakerjaan JHT with the contributions borne by the place you work. Generally, these contributions will automatically be deducted from your office with a certain percentage every month. With this BPJS, at least you have guaranteed the availability of your pension funds that you can take at retirement age, which is 55 years, or when you are laid off.

In addition, you can set aside some of your skills to be disciplined in investing so that the funds you save will also increase. You can also start estimating how much budget you need during retirement.

2. Health Funds Furthermore, the importance of preparing health funds also needs to be realized so that you can be better prepared to face the risks of future diseases. Having BPJS, Insurance for Health and Life Insurance are some things you can do. If you have excess funds, you can also prepare funds for the services of a nurse (caregiver) which is certainly very much needed in the old age.

3. Don't forget the Emergency Fund, you also have to prepare emergency funds to prevent disruption of your health funds and retirement when something unexpected happens. In preparing emergency funds, it is better that the amount that you prepare for yourself is a minimum of 3 times your monthly expenses. If you have a salary of IDR 5,000,000 with an expenditure of IDR 3,000,000 per month, then you at least need to have an emergency fund of IDR 9,000,000.

So, those are some of the funds that can be prepared. Life is responsible for how we can manage finances carefully and appropriately. It's never too late to get started.