DDHK.ORG - Being an employee is synonymous with mediocre income. But actually an employee can also be rich.
Here are 6 tips given by financial planners, Tejasari Asad and Andy Nugroho, that an employee can apply to improve their financial condition, as quoted from CNN Indonesia.
First, start investing. According to Tejasari, investment will develop employees' money more optimally.
“We can raise the money we have much higher. It means that our money works while we also work,” said Tejasari.
He advised employees to set aside at least 10 percent of their total salary to be invested. The investment assets he suggests are those that are above inflation. This means that the value of these assets will not decrease or even tend to increase when inflation occurs. For example stocks, gold, mutual funds, and property.
“Just start investing. Even though it is only Rp. 500 thousand per month, if you do it from a young age, the results are high,” he said.
Investment does not have to be in the form of money, but also knowledge. An employee can take certain training or buy a book in order to develop themselves.
Second, have insurance. Having protection or protection funds such as insurance needs to be done so that when bad things happen to health, money is not drained to finance it.
"Because if we don't have health insurance, if something happens, then we'll be tired of looking for money, the money runs out to pay for the hospital," said Tejasari.
Third, avoid debt. In order to avoid debt, an employee must regulate his consumption patterns so as not to force himself to buy something with debt.
Because by owing money, employees will actually run out quickly because they also have to pay a certain amount of interest charged. "So it's like being devoured, it's a treasure that we have collected during our work," said the founder of Tatadana Consulting.
Fourth, improve performance. According to Andy Nugroho, with good work skills, an employee can continue to be relied on and quickly get a pay increase. Also does not rule out getting a bonus.
"So if his performance is good, maybe every 3 months he gets a bonus. From there, the income is huge,” said this financial planner for the Advisors Alliance Group Indonesia Education Plan Partner (MRE).
Fifth, economical. An employee must be able to manage his money and not be easily tempted to spend or buy something that is not really necessary.
"It means that if he has a high salary but his lifestyle is extravagant, he can't manage his money well, of course his money will run out," said Andy.
Sixth, side business. According to Andy, the business can be in the form of selling goods, creating a network business, becoming an insurance agent, or a property agent.
"It can encourage massive revenue growth," he said. [DDHKNews]
