Foundation Learning Teacher collaborate with SMBC Indonesia held a financial literacy training webinar entitled "Becoming a Prosperous Teacher Now and Later" which was held online on Monday (23/09). This activity was held in response to the high number of educators who are trapped in online loans (pine nuts) illegal.
According to a survey from IDEAS in May 2024 which is displayed by Dian Savitri, financial planner and expert at Daya.id SMBC Indonesia, webinar resource person, mention, just approx 10% teachers feel that their income is sufficient for their daily needs.
Plus the position of being sandwich generation, where you have to support parents and children, adding to the heavy financial burden of teachers, the majority of whom currently come from the millennial generation.
"Therefore, Mr and Mrs teachers You also need to be financially literate, At the very least, master and carry out financial planning so that you don't get trapped in debt or even get into debt,said Dian.
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Dian highlighted the importance of teachers managing cash flow by paying attention to the use of monthly income, quarterly income such as certification, and annual income such as THR.
Monthly income can be used for routine expenses that have been budgeted, including installments if any. Then other income can be used for secondary needs and old age investments.
“Maximum installments 30% from income so that cash flow is safe. If the salary is still UMR, Make every effort so that you don't have installments, It's better to save it and when it's collected then use it to buy what you need,” explained Dian reminded.
Avoid Illegal Loans
Cashflow negative or higher expenditure than income, can encourage teachers to supply it with forests. However, Management needs to be paid attention to, one way is to avoid illegal loans.
“The characteristics are definitely not registered with the OJK, the address and complaint number are unclear, the interest is very high, the offer goes directly to WhatsApp or private SMS, and sometimes potential victims are asked to transfer first for administrative costs. Please be careful not to be tempted,"explained Dian.
“Then also make sure that there is money to pay, its useful life exceeds the tenor of the debt, no debt for lifestyle. Anyway, it's really controlled. For example, debt to cover other debts, that's not healthy anymore,he continued.
Final, Dian also said that teachers should also have emergency funds, namely funds that are ready to be used at any time during an emergency and are not included in the routine budget. Emergency funds can be collected by setting aside 10%-20% from monthly income. (Yosi)
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