5 Most Effective Ways to Save for Employees – As an employee, especially a new employee, it is important to know how to save effectively for employees. Especially if the work status is still a work contract, not a permanent employee. Because it could be that the following month the work contract is no longer extended and you must have savings money.
Whatever your work status, saving is very necessary. At least, you need to have a savings of 4 – 5 months of your salary as an emergency fund. Besides that, saving is also beneficial for your future, be it for wedding expenses, children’s schooling, buying a house or a home DP and also being able to buy a vehicle without installments which is certainly much cheaper than when you pay in installments on credit.
How to Save for Effective Employees?
But how to save effectively for new employees whose salaries are mostly still below 5 million per month or are still UMR (Regional Minimum Wage)? Find out the full answer in the following article so that you can save properly so that you don’t regret it later because the money you have earned from work has never been collected, and below is also very suitable for anyone, not just employees, this is suitable for use. entrepreneur, freelancers or even college kids who are doing side business:
1. Set aside the first savings before calculating for monthly needs
Most of you may think that the amount of savings each month is the remainder of the money used for monthly needs. This makes the amount of money you save each month varies, or even none at all.
Even though the effective way to save is to set aside money for the first savings before money for other monthly needs. So that every month, your savings will increase in the same amount. This is one of the fastest ways to save and can be targeted as desired.
But how much money do you need to save each month? The answer depends on what your daily needs are and also the consideration of the salary or income you get.
Generally an employee must set aside at least 30% of his salary for savings. This means that if your salary is around 5 million per month, then you need to save as much as 1.5 million every month.
2. Create a Special Savings Account
In this modern era, most of us save daily money in savings accounts. And the ease of making transactions via smartphones makes money in the account easy to use for things that are sometimes not important. So that the money that is saved is also often used without notice.
To avoid things like this, you need to open one more savings specifically for savings that are not connected to mobile banking or e-banking. In addition, put the ATM card for this special savings account at home so you can’t use it when shopping.
That way, the money you save for savings will be safer either from theft or theft. In addition, you will not use the money even if it’s not on purpose.
3. Investing in Gold
Some of you may already know that gold is a type of investment whose value never goes down. Compared to saving money in a bank account whose value continues to be eroded by exchange rates and currencies, saving money by investing in gold is considered much more effective for saving in the long term.
Currently there are also many companies that are ready to help you employees who want to save or invest gold. One of them is the BUMN Pawnshop Company. Even now there is gold credit, which is investing in gold in installments or credit every month. And you can do top up directly through the gold pawnshop application and if you want to sell gold you can also directly through the application, this is very practical and really an effective way to save money for employees.
With such an investment, you will spend the same amount every month to invest in gold until the credit is paid off. And when it’s paid off, the gold you have can be stored and melted when needed.
4. Always Bring Money When You Want To Shop
An effective way of saving for the next employee is to always prepare the exact money and calculate the estimated money that will be spent before going shopping. This includes when you want to hang out or hang out with friends at cafes or malls who force you to snack even if you just buy coffee.
That way, you will not spend an unexpected amount or buy things that you did not plan. Because one of the things that makes young people more extravagant is that they often buy things that are not really important or really needed.
So try before you go, for example to shop, first make a note of what items you want to buy and the estimated price. Then bring money that is the same or slightly larger amount for supplies. This also avoids you forgetting to buy an item which results in you needing to come back again and pay 2x the fee for the vehicle.
5. Join the office or family gathering
And the last effective way to save for employees is to attend arisan both in the family and office environment. In addition to strengthening the relationship, arisan is also an indirect way to have savings.
Generally, the arisan is drawn once a month and each person is guaranteed to get the arisan money once a year. This means that in 12 months, there will be a compulsion for you to set aside money for arisan (in the same sense as saving) and 1 month where you can also get the opportunity to get arisan money and can use the money either for your next savings or for emergency funds if you have one. necessity.
But don’t be complacent, if you get arisan money at the beginning of the year, you also still have to pay dues for the rest of the year, but getting arisan money early is also very good for business people because they can use the money for business capital and turn around to get a profit rather than waiting for his turn at the end of the year. So do not immediately spend money arisan unless you really need it.
Those are 5 effective ways to save for employees, especially new employees. If you have just been accepted into a job and are still young, it is better if you start saving now. Because savings are very important for both emergency funds and funds to achieve what you want.