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Check Out These Five Tips From Tokopedia & ShopTokopedia For Smart Online Shopping That Won't Break The Bank When Payday Rolls Around

The Central Statistics Agency (BPS) reported that Indonesia's GDP per capita in 2023 reached IDR 75 million, with an economic growth rate of 5.05%. The country's economic growth is still largely driven by consumption, with Household Consumption Expenditure being the second-largest component, accounting for 4.82%. "Managing finances wisely, especially when payday comes around, is crucial to learn and implement so you can effectively meet both current and future needs. Tokopedia and ShopTokopedia offer various initiatives and features to support more budget-friendly online shopping, from Indonesia Shopping Time (WIB) to Promo Guncang," said Aditia Grasio Nelwan, Head of Communications for Tokopedia and TikTok E-commerce. "Additionally, the PayLater feature is now available on ShopTokopedia, accessible through the TikTok app. This feature allows people to purchase necessary products while providing flexibility in managing their payment plans. PayLater also offers installment payment options ranging from 1 to 12 months," Aditia added. Aditia shared some tips for managing monthly salaries wisely and economically.

1. Track all income and expenses

Keeping a record of all income and expenses is essential for financial management. Documenting earnings and categorizing expenses makes it easier to track unnecessary spending. "Recording all income and expenses can be done simply. For instance, you can jot it down in a small notebook to remember your monthly expenditures. From this record, you can later evaluate which expenses are less necessary," Aditia explained.

2. Take advantage of promotions for daily and monthly shopping

There are plenty of promotions and discounts available on Tokopedia and ShopTokopedia, especially during payday. There are various special campaigns during special moments that can make everyday shopping more budget-friendly. For instance, there's the Indonesian Shopping Time (WIB) that happens every payday, along with the Shake Promo for popular products across different categories featuring Flash Sales up to 95%, free shipping, and other exciting deals. "By taking advantage of the promotions and discounts available on Tokopedia and ShopTokopedia, people can save more while shopping for their daily needs. Plus, there are tons of product options from millions of sellers on these platforms, making shopping super convenient," Aditia mentioned.

3. Don’t forget about savings, investments, and emergency funds

Savings, investments, and emergency funds are essential categories to fill each month when managing your monthly salary. Savings and investments are set aside for future needs, like travel funds, wedding expenses, buying a house, getting a vehicle, or religious activities. On the other hand, the emergency fund is there for unexpected situations, like home repairs or helping family and friends. "Make sure to adjust the percentages and amounts based on your income and necessary expenses to avoid financial strain," Aditia advised.

4. Regularly evaluate your spending categories

Every month, remember to do a routine evaluation of your spending categories. This is crucial to identify areas where you might be overspending. "For example, if you notice from your expense tracker that your coffee budget at work is too high, you could save by bringing coffee from home," Aditia suggested.

5. Use the PayLater feature wisely to make online shopping easier

"One of the latest features on ShopTokopedia, PayLater, can be a great option for people to meet their daily needs while also enjoying various promotions," Aditia added.

Tag: Online Shopping Payday ShopTokopedia Tokopedia