Listen Carefully! Here's How To Save IDR 10 Million In 3 Months

Saving illustration (kschneider2991/Pixabay)

YOGYAKARTA How to save 10 million in 3 months is actually quite easy to practice. You can achieve this target as long as you know the stages of saving good and correct.

Originally, saving was an activity of setting aside income regularly and saving it for future needs. For example, buying motorbikes, cars, getting married, children's education funds and so on.

When saving, you need to determine a definite nominal and how long the target must be achieved. This will make it easier for you to come up with a plan.

Compiled by VOI from various sources, Sunday, January 8, 2023, here's how to save 10 million in 3 months:

One way to save 10 million within three months that you can practice is to make a salary allocation.

Originally, the form of a good salary allocation depends on the personal needs of each individual. However, so that your target is easier to achieve, you can follow the method 50-20-10 tips.

By using the salary allocation, you will find it easier to set aside money and save.

The second way, you can draw up a strategic plan. For example, if your saving target is IDR 10 million in three months, it means you have to set aside funds of IDR 3.4 million in a month or IDR 115 thousand per day.

In addition, you can also make a count with a percentage. For example, if your monthly income is IDR 9 million, it means that you must set aside 38 percent of your total income to save.

How to save 10 million in another 3 months is by looking for other sources of income. With an income of IDR 9 million and having to set aside 38 percent for savings, this amount is certainly a big difference. If you have a side job, of course saving will be lighter.

Next, you need to record expenses so that the saving target of IDR 10 million in 3 months can be achieved.

Keep all expenses starting from Ana's purchase snacks, household goods, and a number of other expenses.

Making a special account is a way to save 10 million in the next 3 months that you can apply.

Not a few people have difficulty saving because the funds that have been set aside continue to be used.

To avoid this, you need to have an account devoted to saving.

Another alternative, you can allocate the money in the savings account to investment instruments, such as mutual funds, gold and others.

As a result, you can get maximum profit and are not tempted to use saved money.

Credit card and paylater services can make you more wasteful. Therefore, you are advised to stay away from these two services if you want to achieve the target of saving IDR 10 million in 3 months.

In today's era, the use of credit cards or paylaters is considered reasonable. In fact, these two features can make your financial condition go hand in hand.

The habit of using these two services can make your bill swell every month.

Money that can be used to save is also used to pay off bills.

Therefore, it is important to avoid using credit cards and paylaters until the purpose of saving is achieved.

That's information about how to save Rp. 10 million in 3 months. Hopefully it will be useful!