Saving is an action of setting aside a portion of one's income or resources for future use. It comes in the form of money, goods, or other valuable items that can be used for a long or short-term period.
Over time, the way we save our money has evolved. This transformation includes different methods, tools, and forms of savings compared to before.
In the past, we were taught to save from a young age by putting our money in chicken-shaped tubes, bamboo sticks, empty cans, or used items that could be used as tubes.
However, with safer and more profitable savings options in financial institutions, the way we save for the future has significantly changed. For example, the National Education Savings Scheme (SSPN) and SSPN-i Plus were established by PTPTN in 2004 and 2015 respectively. By establishing these initiatives, PTPTN has provided the public with options for savings. These institutions offer many unique advantages when we make savings with them.
Back then, cash must be taken to the chosen financial institution for a deposit. In addition, a passbook was required for any form of reference. However, with the development of increasingly advanced technology, people can now make savings online through transfers using ATM/ CDM, making monthly salary deductions, or making direct debit deductions according to their abilities. This phase is seen as much easier and safer for those who make savings in addition to the many options given.
In conclusion, children's early education in saving for the long term is essential, no matter how much we reserve. As the saying goes, "Strike while the iron is still hot." It is still possible for those who have not saved to start saving now.
Simpan SSPN Prime and Simpan SSPN Plus accounts can now be opened, and savings can be added through the myPTPTN app.
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