TEMPO.CO, Jakarta - Samsung finally released its latest smartphone to the Indonesian market with the Samsung Galaxy A8 and Samsung Galaxy A8+ on Wednesday, January 17.

Even though both phones are priced at a pretty hefty price, Rp6,499,000 for the A8 and Rp8,099,000 for the A8+, the Super AMOLED, and FHD equipped phones succeeded to attract the interest of potential buyers.

But with that price range, it would not be accessible to a wide range of people in the Indonesian smartphone market.

However, anyone can save money to buy this piece of technological ingenuity from Samsung. Having that in mind, here are the three financial planning you can implement to save money to buy yourself a Samsung Galaxy phone.

1. Beware of the latte factor

The latte factor is a term that was used by financial writer David Bach that refers to the insignificant continuous expenses that are not really that necessary. According to psychologist Ajeng Raviando, the latte factor is tightly linked to a momentary satisfaction someone experiences. If you fail to curb this urge, it can have a negative effect towards your plans on saving some money from your monthly income.

2. Do not underestimate investments

Funds can be invested through numerous ways such as through investing in foreign currency and investing in gold. The latter is better suited to your long-term investment plan, while the former is better implemented for short-term investments. Another option you can consider is to invest in stocks.

3. Reduce expenses and add your income

According to Melani Salmadini, Product Development and Channel Management Manager Bank Negara Indonesia, the discipline in saving money must be practiced as young as possible. “You would have a better result by saving in small amounts since you were 20 years old for your retirement. Just start saving as young as possible,” said Melani.

Also, consider to look for freelance jobs or open your own business for additional income sources. If you have practiced that, owning a Samsung Galaxy A8 would not just be a dream for you.

ANTARA | ASTARI PINASTHIKA SAROSA | MAGNULIA SEMIAVANDA HANINDITA