Work From Home (WFH) has become a routine for most people today, maybe you are one of them. WFH is recommended during the pandemic to avoid the spread of Covid-19.
Working at home alone looks easier and more economical than when working in the office. Save on food, transportation and other expenses.
But the reality is not like that. Indeed, in terms of cost-effective food and transportation, it actually swells in other expenses, such as internet quotas, electricity and water bills, gas costs, and so on.
Therefore, you must be able to handle it the right way. Worrying about increasing expenses can drain your salary and savings.
Here’s a smart way to keep your finances safe during WFH:
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Looking for additional income
While WFH, you can more easily find additional income. One of them is ‘selling’ expertise, such as freelance, content creator, translator, tutor, and online business.
With this side job, you also have the opportunity to make a fairly large income. For example, the current profession, content creator.
In addition, you can rent a car or motorbike that is idle at home to earn passive income. This is called the stuff that works for you. So even while sleeping, money flows into the pocket.
You have to rack your brain to increase your income in today’s conditions. Especially if income from the main source is reduced due to salary cuts as a result of the corona pandemic.
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Take advantage of promos and reward points for spending
Spending increases, to be more efficient, you can take advantage of promos to shop or make financial transactions. For example, paying electricity and water bills, using a digital wallet in e-commerce can get 50% cashback.
Or exchange your credit card reward points to buy necessities during WFH. You can also use a free shipping voucher when shopping online. The various promos offered will be very profitable for you.
But still remember not to overspend or spend wisely. Resist the temptation to shop outside of plans to avoid wasting. Shop for what you need, not want.
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Order food online with these criteria.
If you are lazy or don’t cook, ordering food online is not wrong. As long as it is done in the right way so that your finances are not boncos.
Make sure you order food that is currently having a promo, such as cashback, discounts, free shipping, up to buy 1 get 1. First, compare the prices of food at the same restaurant between one application and another. Look for the one that benefits your finances.
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Look for a cheaper data package.
One of the expenses that can damage your wallet during WFH is internet quota. Especially if there is no subsidy from the office, it means that you have to use your own budget.
Of course, the need for data packages or internet quotas for WFH is very large so that it can be enough for a month. And it costs quite expensive, hundreds of thousands of rupiah for a period of 30 days.
For that, look for internet quota packages that are cheaper from internet provider operators. The first way is to compare offers from one company to another.
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Keep saving for an emergency fund
To keep your finances safe during WFH is to collect an emergency fund. Your salary does need to be allocated around 10% for an emergency fund.
It doesn’t seem frugal. But an emergency fund has great benefits when you are in an emergency. For example, getting sick, being laid off, or other emergency situations. So, don’t underestimate an emergency fund.
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