In today's economic uncertainty, many people choose investing in the safest instruments. In addition to gold, investment products that are quite attractive to look at are deposits.
Saving is the same as saving. It's just that the deposit money can not be withdrawn at any time, such as savings. Because, there is a certain period of time aka tenor to be able to dilute it.
 |
| Deposit |
Options range from 1 month, 3 months, 6 months, 12 months, to 24 months (2 years). Funds in deposits can be withdrawn after a certain period of time, or automatically renewed or Automatic Roll Over (ARO).
Customers can also determine, want to deposit in rupiah or foreign currency. The most attractive of the deposits is the interest rates offered.
Generally, banks put up a deposit interest rate (yield) that is much higher than savings, although there are still below the benchmark interest rate of Bank Indonesia (BI).
While BI's benchmark interest rate continues to fall to 4.5 percent, the average deposit rate at commercial banks is in the range of 5 percent. Good for the tenor 1 month, 3 months, 6 months, and 12 months. Profitable isn't it?
Especially if you hold deposits as an investment option, there is no need to worry. Because your deposit is guaranteed by the Deposit Guarantee Agency (LPS).
 |
| Deposit |
In addition, deposits can be used as collateral credit if one time you need fresh and urgent funds. Deposits are also the most suitable for those of you who already have a financial plan. So just adjust it to the period of the deposit. For example, for the needs of children's school fees next year, home DP, and other needs.
Then how can deposit investments be profitable only from the interest rates offered by banks? Here's the answer:
1. Don't tamper with your deposits
The key to deposits to make more profit is to get a refund from interest, save the funds again. So never pull the results. Just let the principal and interest deposits still rotate, so that your deposits continue to grow.
For example: You open a deposit with a deposit of Rp8 million every month for a tenor of 6 months. After 6 months, do not disburse. That way, it can be automatically renewed again for 6 months. Principal deposits plus the first 6 months of interest remain intact, and will continue to multiply.
2. Discipline to set aside salary or income
Only factory workers, but how can you have a house without debt? It can be Umrah anyway. That's the power of saving. If you are diligent or disciplined in setting aside a salary every month, then put on the right investment instrument, such as deposits, then your deposit will 'squirm,' from interest as a return.
Whatever funds you set aside for deposit deposits, the results can be many as the saying goes, little by little, it will long be a hill. Setting aside income, means you have to be ready to downsize.
Frugality for a long period of time to taste the sweetness of the financial future. Start the execution from now on. When you are young, because this is a long-term investment in order to get maximum profit and multiply.
3. Arrange strategies so that deposits are not disturbed
The name is life, there is only a need. Sometimes it comes at the wrong time and requires a lot of money. Or suddenly the temptation of shopping approached, so that finally could not bear to follow the passions.
Therefore, try to create or arrange a surefire strategy so that whatever happens, your deposits remain safe as expected. The preparation of this strategy includes 3 things, namely:
First, adjust the deposit deposit with the ability of income
Do not grandiose, want to deposit a lot of deposits if your salary or income is mediocre. You also need to be realistic that many other important needs need to be financed from your income, such as paying electricity and water bills, renting a house, paying debt installments, transportation costs, eating, emergency fund needs, and more.
So, try to calculate your ability to set aside income for deposit investments. Ideally in principle managing finances is 20%. Want more, please. But remember, don't sacrifice more important and urgent needs.
Second, don't wait for the rest of your income.
When it is the intention of deposit investment, then you must be disciplined and consistent. Once you get a salary or income, immediately set aside. Transfer money directly to your deposit account or through a bank. It can also be by utilizing auto-debit facilities from payroll accounts to deposit accounts. Avoid waiting for the rest of your income. You have recorded a financial plan, so it has been relocated the budget for this investment post. After all, if you wait for the rest of the salary, it will be difficult to realize. It usually runs out for less important needs.
Third, make your goal an investment motivation.
Usually someone will be eager to save or invest if they have a clear goal. For example deposits for children's education expenses, old age savings, buying a house, going on Hajj, or other purposes. Make this goal your motivation to deposit money.
0 comments:
Post a Comment