Hi Friends of JACCS MPM Finance Indonesia,

The following are some financial levels to show where your financial position is now.

Let's continue to be passionate about improving financial conditions and understand the right strategy to reach the highest financial level.

LEVEL 1. FINANCIAL DEPENDENCE

The first level which is the lowest financial position is dependency. Financial management cannot run because financial resources are not generated by oneself. This position is also a start for every student and fresh graduate who has not found a job.

LEVEL 2. FINANCIAL STABILITY 

The second level is indicated by the ability to manage finances for their own needs. Wise attitude in managing expenses lower than income is also a characteristic of people who are already at the level of financial stability.

LEVEL 3. FINANCIAL SECURITY

The third level is a financial condition that is already in a safe condition because it already has enough savings, emergency funds, and debt free. Looking for passive income and starting investment is the main focus for people who are already at the level of financial security.

LEVEL 4. FINANCIAL INDEPENDENCE

This position shows that your financial condition is very good and safe. This position makes you less busy with daily work. Investments and passive income already provide consistent dividends and returns so you can fulfill the lifestyle you dream of.

LEVEL 5. FINANCIAL ABUNDANCE

This position means that the financial condition is guaranteed for the long term. At this level you can prioritize things that have not been accomplished and do activities / hobbies that you like. Sharing some of the wealth with others is the habit of people who are already at this level.