Follow these 5 tips for managing finances amidst an influx of concerts to avoid neglecting your daily priorities! | Bahasa
Indonesia, 06 Nov 2023 - Since 2022, music lovers have been treated to a great many concerts featuring national and international musicians who could finally perform after a long absence due to the pandemic. Data from the Association of Indonesian Music Promoters show that in 2022, there were a total of 100 concerts, or 8.3 concerts per month. Meanwhile, during the period January-July 2023, 63 concerts were held across Indonesia, exceeding the average number of concerts per month in 2022.
Nowadays, it is not uncommon for people to see their favourite musicians perform in neighbouring countries. Therefore, good financial planning is crucial to ensure that you can have fun at the concerts and travel without jeopardizing your essential needs and future funds. Let's check out some of these clever fail-proof tips that will help you prepare for your pop music idol’s concert!
1. Determine the breakdown of your budget
First of all, make a breakdown of how much money you need. Make sure you have a clear idea of how much money you need to spend on concert tickets, transportation to the country of destination, accommodation, as well as additional money for sightseeing, souvenirs, and snacks. A good financial plan will ensure that you can enjoy the precious moment without worrying about financial constraints during your trip. Be prudent with your money and set aside money for unexpected expenses.
2. Better safe than sorry
Oftentimes travel fails occur due to a lack of planning. Therefore, it is important to change your mindset. Don't wait until your pop idols arrive to prepare for the concert fund; instead, start saving as early as possible, even before the concert announcement is made. You can also get around this by dividing your money into several separate savings. This will make it easier for you to separate money for daily needs and concerts so that the money in each savings account is not used for other purposes.
3. Make extra money
In addition to saving money, you can also make extra income that can help you build funds for your concert ticket faster. You can also use these extra funds to enjoy better transportation services and accommodation, making your trip more enjoyable. There are several ways to make extra money such as doing part-time jobs, freelancing, or selling preloved items.
4. Convert your transactions into installments
It will be definitely hard for you if you have to pay for concert tickets, flights, hotels, etc. upfront. Therefore, you can use the installment feature in your digital banking app to spread your expenses over several months. This can make it easier and more flexible for you to manage your monthly expenses while maintaining a better cash flow.
5. Take advantage of various discounts and promos
Who could resist discounts and promos? To save money, you should diligently browse through various sources of information, including travel websites and hotel booking apps. Before making a decision, compare prices from several providers and if you have a promo code, you can also enter it at the time of payment. If you have a credit card, a number of banks also have promo programs, rewards points, and travel mileage that can be redeemed for discounts and even free flights!
All of the above tips are easy to follow with the help of the features in the digibank by DBS app that recently launched the #JalaniCerdikmu campaign. The campaign aims at empowering the middle class in maximising happiness without neglecting life priorities, namely pleasure today and planning for the future, all of which can be controlled instantly and easily in one application.
To help you allocate savings funds according to your respective financial goals, digibank by DBS has the Dompet Maxi feature that allows you to create up to 20 different wallets and personalise the names according to their allotments. In addition, the funds you save in Dompet Maxi can earn up to 7% interest annually through the Maxi Booster programme (go.dbs.com/id-maxibooster). You can reinvest the interest at an affordable amount starting from Rp100,000 in 120+ investment products available at digibank by DBS. If you want to go on a vacation but have limited time to do part-time or freelance work, this is a great way to increase your savings.
Moreover, you can also utilise the digibank Pay Later feature. Simply convert your credit card transactions into installments at 0% interest for up to 24 months at various e-commerce options or easy installments of up to 60 months that you can use at any time without having to wait for installment promos. This helps make big expenses such as concert ticket purchases more affordable and allows you to pay over a longer period of time. Lastly, make sure to take advantage of the promos, rewards, and mileage offered by digibank by DBS Credit Card for various purposes while traveling!
Erline Diani, Head of Digital Banking at PT Bank DBS Indonesia, said, "digibank by DBS has conducted a series of research and the research findings help us understand that people often have a dilemma of pursuing happiness and preparing for a better future. Therefore, with comprehensive features, digibank by DBS is committed to providing customers with ingenious tips and tricks to help them make wiser financial decisions so that they can maximise the joy of today and navigate tomorrow with ease, in line with our 'Live more, Bank less' principle.
Now that you know various tips and tricks for managing your finances, you won’t end up broke while preparing to go to a concert and still meet your daily needs. Have fun and enjoy the concert!
For more information about the #JalaniCerdikmu campaign by digibank by DBS, visit dbs.id/digibank or Instagram @digibankid.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 countries. Headquartered and listed in Singapore, DBS is in the three kay Asian axes of major: China, Southeast Asia, and South Asia. The bank’s "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named "World's Best Bank" by Global Finance, "World's Best Bank" by Euromoney and "Global Bank of the Year" by The Banker. DBS is at the forefront of utilising digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and "Most Innovative in Digital Banking" in the world by The Banker. In addition, DBS has been accorded the "Safest Bank in Asia" award by Global Finance for 15 consecutive years from 2009 to 2023.
DBS is committed to building lasting relationships with customers as it banks the Asian way. Through the DBS Foundation, the bank creates a positive impact that goes beyond banking by supporting social enterprises: businesses that focus on balancing profit and social and/or environmental impact. The DBS Foundation also contributes to society in various ways, including equipping communities with future-ready skills and building food resilience.
With an extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
Nowadays, it is not uncommon for people to see their favourite musicians perform in neighbouring countries. Therefore, good financial planning is crucial to ensure that you can have fun at the concerts and travel without jeopardizing your essential needs and future funds. Let's check out some of these clever fail-proof tips that will help you prepare for your pop music idol’s concert!
1. Determine the breakdown of your budget
First of all, make a breakdown of how much money you need. Make sure you have a clear idea of how much money you need to spend on concert tickets, transportation to the country of destination, accommodation, as well as additional money for sightseeing, souvenirs, and snacks. A good financial plan will ensure that you can enjoy the precious moment without worrying about financial constraints during your trip. Be prudent with your money and set aside money for unexpected expenses.
2. Better safe than sorry
Oftentimes travel fails occur due to a lack of planning. Therefore, it is important to change your mindset. Don't wait until your pop idols arrive to prepare for the concert fund; instead, start saving as early as possible, even before the concert announcement is made. You can also get around this by dividing your money into several separate savings. This will make it easier for you to separate money for daily needs and concerts so that the money in each savings account is not used for other purposes.
3. Make extra money
In addition to saving money, you can also make extra income that can help you build funds for your concert ticket faster. You can also use these extra funds to enjoy better transportation services and accommodation, making your trip more enjoyable. There are several ways to make extra money such as doing part-time jobs, freelancing, or selling preloved items.
4. Convert your transactions into installments
It will be definitely hard for you if you have to pay for concert tickets, flights, hotels, etc. upfront. Therefore, you can use the installment feature in your digital banking app to spread your expenses over several months. This can make it easier and more flexible for you to manage your monthly expenses while maintaining a better cash flow.
5. Take advantage of various discounts and promos
Who could resist discounts and promos? To save money, you should diligently browse through various sources of information, including travel websites and hotel booking apps. Before making a decision, compare prices from several providers and if you have a promo code, you can also enter it at the time of payment. If you have a credit card, a number of banks also have promo programs, rewards points, and travel mileage that can be redeemed for discounts and even free flights!
All of the above tips are easy to follow with the help of the features in the digibank by DBS app that recently launched the #JalaniCerdikmu campaign. The campaign aims at empowering the middle class in maximising happiness without neglecting life priorities, namely pleasure today and planning for the future, all of which can be controlled instantly and easily in one application.
To help you allocate savings funds according to your respective financial goals, digibank by DBS has the Dompet Maxi feature that allows you to create up to 20 different wallets and personalise the names according to their allotments. In addition, the funds you save in Dompet Maxi can earn up to 7% interest annually through the Maxi Booster programme (go.dbs.com/id-maxibooster). You can reinvest the interest at an affordable amount starting from Rp100,000 in 120+ investment products available at digibank by DBS. If you want to go on a vacation but have limited time to do part-time or freelance work, this is a great way to increase your savings.
Moreover, you can also utilise the digibank Pay Later feature. Simply convert your credit card transactions into installments at 0% interest for up to 24 months at various e-commerce options or easy installments of up to 60 months that you can use at any time without having to wait for installment promos. This helps make big expenses such as concert ticket purchases more affordable and allows you to pay over a longer period of time. Lastly, make sure to take advantage of the promos, rewards, and mileage offered by digibank by DBS Credit Card for various purposes while traveling!
Erline Diani, Head of Digital Banking at PT Bank DBS Indonesia, said, "digibank by DBS has conducted a series of research and the research findings help us understand that people often have a dilemma of pursuing happiness and preparing for a better future. Therefore, with comprehensive features, digibank by DBS is committed to providing customers with ingenious tips and tricks to help them make wiser financial decisions so that they can maximise the joy of today and navigate tomorrow with ease, in line with our 'Live more, Bank less' principle.
Now that you know various tips and tricks for managing your finances, you won’t end up broke while preparing to go to a concert and still meet your daily needs. Have fun and enjoy the concert!
For more information about the #JalaniCerdikmu campaign by digibank by DBS, visit dbs.id/digibank or Instagram @digibankid.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 countries. Headquartered and listed in Singapore, DBS is in the three kay Asian axes of major: China, Southeast Asia, and South Asia. The bank’s "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named "World's Best Bank" by Global Finance, "World's Best Bank" by Euromoney and "Global Bank of the Year" by The Banker. DBS is at the forefront of utilising digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and "Most Innovative in Digital Banking" in the world by The Banker. In addition, DBS has been accorded the "Safest Bank in Asia" award by Global Finance for 15 consecutive years from 2009 to 2023.
DBS is committed to building lasting relationships with customers as it banks the Asian way. Through the DBS Foundation, the bank creates a positive impact that goes beyond banking by supporting social enterprises: businesses that focus on balancing profit and social and/or environmental impact. The DBS Foundation also contributes to society in various ways, including equipping communities with future-ready skills and building food resilience.
With an extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
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World's Best Bank 2025, 2018 - 2022
Euromoney, Global Finance, The Banker
Asia’s Safest Bank, 2009 – 2025
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