Jakarta, CNBC Indonesia – At the age of three, a person will be faced with a number of financial challenges that need to be prepared for. Call it things like marriage, birth or children's education.
Apart from the many things that must be achieved, financial problems can arise at any time and disrupt your financial stability.
The problems in question can certainly damage financial stability in the long term if they are not anticipated.
So what should be prepared for those who have entered their 30s? Here's the review.
Additional Income from Your Favorite Field
Choose activities or additional work that suit your interests. Taking on a side job related to your hobby can increase your enthusiasm and performance. For example, photography, a small culinary business, writing, or other activities that suit your interests.
Diversified savings
Having only one savings can be risky because it is difficult to manage finances well. It is recommended to have at least three types of savings for different needs:
-
Emergency savings to deal with unexpected urgent needs.
-
Sinking fund savings to anticipate annual expenses such as vehicle tax, house tax, or family vacation costs.
-
Daily savings account for daily operational needs.
Health insurance
Although BPJS Health can cover most illnesses, having private health insurance can provide additional benefits.
Make sure to pay BPJS Health premiums on time to maintain your health coverage and protect your savings from unexpected medical costs.
Pension Fund Investment
At the age of four, it is important to prepare retirement funds. This investment should be started in your 20s, but it is never too late to start.
Choose a suitable investment instrument, such as financial institution pension funds, mixed mutual funds, stock mutual funds, or shares. Diversify your investment portfolio by purchasing other instruments such as government bonds, gold, or money market instruments to reduce your investment risk.
[Gambas:Video CNBC]
Next Article
Will life in 2024 be difficult? This is the way to get rich
(aak/aak)