Moduers Story – Investing Online vs Bank

I started investing in mutual funds for more than 5 years ago. At first, I only knew that there were several types of mutual funds, namely money market funds, mixed funds, and equity funds. After doing some readings, I learned that the equity fund gives the biggest profit, while money market funds are the smallest ones.


Then I started mapping my risk profile. With the little knowledge that I have, I went to the bank to open a mutual fund account. Little did I know, there are still too many funds to choose from, around 20-30 kind of funds. That many choices combined with my little knowledge, I chose a fund house that I most familiar with, who I thought would bring me more profit. The important thing for me is, a part of my money should go into stock funds and another part to the money market funds. It is to get a maximum profit from the investment while having protection.


The process to open an account was quite long and took a lot of time at that time. I had to visit the bank, queue up at the customer service booth, fill up so many forms, which took hours. Back then it was quite complicated and time-consuming for mutual fund investment or for picking out mutual funds, not as practical as it is now, which is just a click away. So there is no reason not to start to invest.


The first time I opened an account, I immediately deposit a lump sum method. Unfortunately, I don’t see that much of progress from my investment because I didn’t invest regularly. I deposit my money for the first few months and that’s it. If only I stick to my routine and keep investing, I would have much more by now. But there’s nothing I can do about it now.


Finally, I tried investing again, this time regularly, more consistent, and more money. What I set aside right now is not only for my savings but also for my investment. I am grateful for technology because, to start investing right now, no more long queue and hours spent. Within minutes, I am officially an investor, so much more convenient compared to the old days. Now that I have invested for a few years, I begun to see results. Now, 40% of my monthly income is from my investment. Back then, not even 1%. Come to think about it. Not bad, huh? My short-term target is to have my investment returns at least equal to or greater than my salary. As for my long-term target, I want to live out of my passive income, when I no longer work because I have to, but only to give back to society. I believe in the power of compound interest.




Moduers Story is a column written by Moduit users. All experiences are personal to and has become the responsibility of each writer.


Want to start investing? Download Moduit app here.



Want to Invest? Invest with Moduit!

Hi Moduers,

The journey of a thousand miles begins with a single step. As quoted by Lao Tzu, now is the time for you to take your action on the knowledge that you have learnt through the previous articles regarding investment! You must have understood many things about investment, however your experience will still be incomplete if you have not tried it yourself. So, let’s start!


‘I don’t know how to start’

In current era where everything has been made simpler with more advanced technology you could invest through your smartphone in the palm of your hand, using Moduit application of course. From the process of downloading the application, account registration until transaction could all be done only through your smartphone. How awesome that is!


You only need to follow below 3 simple and easy steps:

  1. Type ‘Moduit’ in App Store or Play Store and download the application

Just like how you download all other applications, you are definitely knowledgeable about this already. So, wait no more and download Moduit application on your smartphone now.

  1. Complete your biodata and risk profile questionnaire

Don’t forget to take a picture with your identity card and complete your biodata clearly so that your account verification process can be finished within 1 business day! You could check your Single Identification Number (SID) from the profile page after your registration has been successfully processed. Not to forget, complete the provided risk profile questionnaire. Don’t worry, there are not many questions for this and you could immediately know your risk profile. You have known how important it is to understand your risk profile, right? If you have forgotten about this, remind yourself by checking on this article!

  1. Choose your product and start investing

Through Moduit application, you could choose products easily as you could utilize the ‘filter product’ option. From there, you could filter the product based on your chosen criteria such as Mutual Fund type, Investment Manager, minimum purchase and other things as well.


It is very simple, right! Let’s try it yourself.


‘I don’t know the next step’

You have completed all above-mentioned 3 steps but you are confused on the next step, such as the amount to be invested? Don’t worry, Moduit has prepared feature that will help you plan your financials to reach your financial goal.


Moduit Navigator

Does the word ‘navigator’ remind you of the GPS you normally use when you try to find your ways while driving or exploring new spot while traveling? Yes, this available feature in Moduit application has the same usage that is to help you reach your financial goal.


Through Moduit Navigator, you could select your financial goals such as purchasing a house, car, education, going on a dream holiday or other goals. From there you could input the amount that you would like to invest to reach the total return that is needed to reach your identified financial goals. More interestingly, Moduit Navigator feature will provide you portfolio recommendation that is suitable for you based on your risk profile as well. So by using this feature, it will be easier for you to decide on your portfolio allocation and start choosing product in accordance to the recommended percentage allocation.



‘I am confused on which Mutual Fund product to choose as there are many options available’

Don’t get confused, Moduers! There are some things that need to be considered before choosing certain Mutual Fund product to invest, such as historical performance, sharpe ratio, standard deviation and also beta of the Mutual Fund product that could be found in the product page through Moduit application. You could learn about the tips to choose Mutual Fund product here. Besides, do you know that Moduit prioritize your investment safety experience? For this, Moduit has performed strict and careful selection process before onboarding Mutual Fund products to the application. The purpose of performing strict selection process is to offer the best product selection in the market for you so you could invest and reach your financial goal with Moduit application without any worry.


Therefore, wait no more and take your action 😊





Moduers Story – At War with Investment Instruments


Investment is not something that can be measured solely in numbers because I think investing is an art. Psychological factors play a role here. You may be good at arithmetic, but emotions play a big role if you are not psychologically mature. When emotions take over logic, losses will begin.


There is a great line in the book of fighting arts – Sun Tzu, The Art of War: ”If you know the enemy and know yourself, you need not fear the outcome of a hundred battles. If you know yourself, but not your enemy, you will suffer defeat for every victory you get. If you know neither your enemy nor yourself, you will give up every battle.”


Today there is no war, but in investing, the analogy is almost the same as war. We can assume the enemy here is our portfolio (any asset or investment instrument we have).


When we know the nature of the assets we have and our tendency and choose the method and assets that fit our risk profile, then the advantage is visible. When we know our risk profile, but we choose assets that we don’t know or don’t match our risk profile, then the result is 50:50; either we can get gain or lose. But the most dangerous thing is if we do not know our investment instrument and do not know our risk profile, then be prepared to lose money.


I also experienced this in the early days, for I did not know the “enemy,” so I suffered a big loss. Slowly I started to try from the beginning, not from identifying the “enemy” because obviously, it was more difficult than recognizing myself. Therefore, I started to map out the risk profile to identify myself. Once I got to know myself, I began to learn the nature of the “enemy.” Initially, it was the same. The level of profit and loss was almost equal, aka almost no results. Still, when I got to know the “enemy” more deeply, my winning percentage increased. The portfolio starts to grow and starts to earn.


Of course, this cannot be used as an excuse for complacency because I just recognized the “enemy” and learned much. Hopefully, by getting to know it better and knowing myself better, I can implement a better “war” strategy to achieve more victories. What is your investment story? Have you got to know yourself and your investment instruments?



Moduers Story is a column written by Moduit users. All experiences are personal and have become the responsibility of each writer.


Want to start investing? Download the Moduit App here.



Bourse Day

What Is Bourse Day?

Any transaction in mutual fund – whether subscribe, redeem, or even switching – will be processed in bourse day. Bourse day is the day when you can do any form of transaction, normally being held on Monday until Friday, excluding national holidays or days that are set by Indonesia Stock Exchange as bourse holidays. In 2020 there are 240 bourse days and 126 bourse holidays. You can see the details in the table below:

Impact of Bourse Holidays to Transaction

During bourse holidays, transaction will be delayed until the next bourse day. For example, if you redeem your mutual fund on Saturday, then it will be processed on the next bourse day which is Monday.

For example, Here are the table which will show any adjustment made during this year

Transaction Confirmation Time
NAV/unit Date (T)
Unit Update on the Portfolio
27 October 2020
(before pk 1 pm GMT+7 )
27 October 2020
2 November 2020
27 Oktober 2020
(after 1 pm GMT+7)
28-30 Oktober 2020
(bourse off days)
2 November 2020
(before 1 pm GMT+7)
2 Nov 2020
3 Nov 2020
Redemption Fund Schedule
2 Nov
3 Nov
4 Nov
5 Nov
6 Nov
9 Nov
10 Nov
3 Nov
4 Nov
5 Nov
6 Nov
9 Nov
10 Nov
11 Nov

Moduers Story – First Kilometer



The theory is not the same as practice; this expression is just right. When we learn to swim, we already know the idea, even read the instructions for swimming, maybe in the beginning, we still swallow so much water or even almost drown. When we run, perhaps at first, for only 1 to 2 km, that is a normal part of the learning process. It was tough initially, but maybe someday we will look back and see the process as a “funny” memory. I am now also able to study, even though I have read several books; still, it turns out that in practice, it is not as easy as the theory. I understand the idea, but in doing it, it was still wrong and could deviate sometimes. Although you have known the basics, you can still feel hesitation, you can always be not confident in taking actions, and you are still trying to adjust yourself.


In such a short time, I learned a lot of mistakes in the stock market, where in the past, I could only hear, but it turned out that even though I have listened to and tried, I still have made many mistakes and failures, including:


  1. I was feeling overwhelmed with panic with others.
  2. Too quick to realize a profit, like picking flowers before they bloom
  3. Too much speculation (buy and sell) caused profits to decrease.
  4. Not creating a plan, so I missed taking action in critical moments.
  5. Less courage to cut loss when having made wrong decisions


That is my list of mistakes, and there are many other mistakes that if I list down all, it will cover several pages, for they were too many.


I also felt the pleasure of buying a stock when suddenly it got profitable. But I also felt shocked when stock prices fall, watching the portfolio suddenly minus in a matter of minutes, and decreases in every hour. I felt like I owned shares, but I couldn’t sell it. Want to buy shares, but got no chance. Ah, this is how it feels.


I felt like quitting, but I was fortunate to have a mentor who encourages me plus always gives recommendations for books (more like pillows, they are so thick 😉). I hope I can read them all. Fortunately, even though I have made many mistakes, they were not fatal. Hopefully, in the future, I can avoid making those stupid mistakes, and I can be even better as an investor. Investing in the capital market is indeed not easy. It is much easier and more convenient to invest in bank deposits, gold, and mutual funds, especially when you don’t have spare time. I also experience a big crisis this year; hopefully, it will give me many valuable lessons for the future.


Well, this is my first kilometer. Indeed, the journey is still long; I hope to catch up on the next kilometer soon. I hope the results won’t betray the efforts. 😉



Moduers Story is a column written by Moduit users. All experiences are personal and have become the responsibility of each writer.


Want to start investing? Download the Moduit App here.


Moduers Story – The Five Laws of Gold

The Five Laws of Gold


Have you ever felt that you had worked so hard, but the money you have collected is only “that much”? Or you have already received some money, but there is no money left at the end of the month?


I think almost everyone has experienced it, or at least know some people who have experienced it. I guess I have that experience when I have not been independent and have not started working yet. Only receiving money, using it, and towards the end of the month have no money left. Try to be as frugal as possible at the beginning of the month and still have nothing left at the end of the month.


Recently I read the book The Richest Man in Babylon, a very inspiring and excellent book. It contains simple principles about financial management that we can apply, namely five laws about gold (in ancient times, people used gold as a medium of exchange):


  1. Those who are willing to set aside no less than a tenth of his income to create wealth for his future or family will eventually get the gold, with pleasure and in ever more significant quantities.
    • This principle teaches to set aside before using, at least 10%. Initially, it is not easy, but over time it can become a good habit.
  1. With zeal and joy, gold works for its wise owner, who finds a profitable work for the gold to reproduce cattle in the fields.
    • Invest in the right places. Our money will not grow if we leave it in an account, let alone only in our wallet.
  1. Gold is safe under the protection of its wise owners, who invest it based on the advice of people proven as experts in their field.
    • If you do not understand about investing, you would better ask or even leave it to an expert if necessary.
  1. Gold will run away from people who invest it in a business or purpose that (s)he does not know well or is not recommended by people who are experts in their fields.
    • Ask the right place and know our circle of competence. Only invest in instruments that we understand well.
  1. Gold will run away from those who force it to produce an impossible income, or who follow the sweet mouths of con artists and daydreamers, or who are inexperienced and grandiose in investing.
    • Start questioning the unrealistic results. I have suffered losses due to money games, which promise superb results. In the end, it brings losses. Better to look for investment returns with realistic figures.

I have no longer experienced what I experienced before since implementing those five principles and doing simple money management. You can start too.


_ A Journey starts with a single step _



Moduers Story is a column written by Moduit users. All experiences are personal to and have become the responsibility of each writer.


Want to start investing? Download Moduit app here.



Be Wealthy in Crisis – Now or Wait for The Next One? Your Choice, Moduers!

Hi Moduers,

Without us realizing, it has been almost 2 months where majority of all of us doing the New Normal, that is doing our regular activities through online. For guys, do you leave your hair long or you have tried Do It Yourself (DIY) method but failed due to wrong techniques? 😊 For girls, are you still doing your skincare routines DIY? 😊


Eventually during this time of crisis, there are new things we could do. Many transformations or changes that we have performed, for example executing meetings through online via meeting platforms that are available. The ones who have adapted to the situation are not only us. Even the vegetable sellers have now started selling their vegetables online through Whatsapp (WA). It is true that while facing crisis, it truly depends on the way we want to action upon it. Just like how we interpret a glass filled with only half water: do we want to look at it as ‘half empty’ or ‘half full’? In Chinese, the word ‘crisis’ consists of two characters with each defined as ‘danger’ and ‘opportunity’. Due to the double definition, the word ‘crisis’ or how it is called in Chinese as ‘wei ji’ is often used for discussion about motivation in Western countries.


Crisis has also resulted in new wealthy people. These people are those who have successfully seen crisis and taken advantage of the crisis situation into opportunity for themselves. Moduers must want to be like them, right? Let’s see what they have done to succeed:

  1. Accept – Open our heart to accept the situation. Perhaps we could no longer do our regular activities and old habit. However, now there are new habits and activities that could or must be done.
  2. Adapt – Adapting to the new habits and activities. For example, just like the above-mentioned vegetable seller case who normally sell their vegetables around the housing areas, waiting for people to gather around to purchase the fresh vegetables in person. Now they have to adapt to the new way of selling that it through WA: they could receive the order via chat and then send them to each customers.
  3. Adjust – Let’s try to fine tune, what are the things that could be maximized from this situation. Back to the case of vegetable seller, they could try adding the variety of their products, for example fruits and meat, not only vegetables.


    • Then, what are the opportunities that could be taken advantage of to become wealthy?
    • New business or expansion opportunities
    • Investment opportunities, while the stocks prices are on discounts


Becoming wealth during crisis is not always about money. We could also upgrade ourselves with more knowledge and perhaps learning new skills. In addition, in today’s world information could easily be accessed through online. There are many things that we could learn through contents available via online. If you want to upgrade your knowledge about investments, such as Mutual Funds, you could access the links below:


So, do you want to look at this situation as opportunity and make use of the chance to be wealthy during crisis? Or do you want to wait for another time, that might come any time we don’t know yet? Make up your mind, Moduers!


Stay Healthy and Stay Safe





Moduers Story – Stock Market

I knew the term stock market for more than 10 years ago but only got interested 4 years back. Unfortunately, people are saying that investing in the stock market is similar to gambling, you can get bankrupt, stocks are dangerous or you need to prepare yourself for losses. And normally people are glued to their screens just to keep a monitor of their performance. Those are just bogus. It all depends on how we perceive things, from which viewpoint and how we invest. If we invest without a plan, be prepared to lose. If we invested in the foreign capital market then most likely we need to stay late due to differences in time zone. So everything that I’ve heard is not true.


They say you needed hundreds of millions to start investing. Unfortunately, those claims are also false, you can start your stock market investment from a minimum of 10 million or less. 4 years ago, I knew of friends who are investors. I got intrigued by investing in the stock market but sadly did not have the right mentor nor proper study guide at that time. Maybe I was the one who lacked effort.


Back in 2018, I got even more interested in the stock market seeing my friends reaping significant gains with more free time. In the beginning, I couldn’t understand the codes they were talking about (BB*I, BB*A, etc.), sounded like they were talking in Morse code and so I asked around. The question I had for them was how to invest in the capital market. Nine out of ten answered the same thing, “Don’t, it’s gambling, it’ll incur losses, it’s dangerous, you can lose your money”. All their answers were a disappointment but I don’t blame them, they previously had suffered financial losses.


So I kept asking other people, maybe I asked the wrong questions. When I asked someone with experience in investing, they say “why are you investing in the stock market, it’s dangerous you can lose your money” when themselves are invested. I got even more confused. I went to see those who have been successful in investing to ask them about the stock market but I never got an answer, nor did they enlighten me.


Feeling helpless, I then resort to self-learning and at one time, attended a seminar held by a renowned stock market investor who recommended the books I should read. From that seminar, I felt that there is light at the end of a dark tunnel and so I started reading the book that was being recommended. My second seminar was in 2019 and I also started to pick up more books. At one point I was ridiculed by others seeing the path I chose, nevertheless that never deterred me knowing that people have different views, perception and own methods. Comparing two years ago, I understand the stock market much better.


Early in 2020, I opened my first stock account. It’s still too early for me to start sharing as a beginner, but someone I trust had encouraged me to do so and that’s why I am writing this article. Back to the topic. Being courageous than ever, I bought my first stock that had just gone IPO in 2020. At that time, I didn’t know how to buy or sell stocks. What do bid and offer mean, I wouldn’t know. So I just anyhow clicked. After the purchase and the share price rose quite significantly, I did not manage to sell due to cut profit (profits are less than it should have been). So from a 50% profit to 25% profit. Not bad for a beginner like myself, but this is not enough. My friends say it’s just beginner’s luck, but not for me, I had my considerations into why I believe the stock will go up (even though I can be wrong).


After making my first profit, I started looking into other stocks. Even after studying, I felt I knew very little. I am now capable of seeing which companies are profitable, which ones are not. But the list got so long, almost 200 companies to choose from and it would be impossible to invest all 200 at the same time. After shortlisting, I am left with over 100 companies which are still too many. Feeling at a crossroad, I started asking left and right.


There came to a point where I was able to shortlist 200 companies quickly, so now the only thing left was to buy the stocks.  Even after experiencing a red flag due to bad credit in P2P, the colour red when we talk about stocks still make me anxious. Sounds odd, especially when I had confidence in the beginning. One of the mentors had mentioned that it is normal to feel nervous when trying something new for the first time. Like learning to drive for the first time and accidentally bumping into other vehicles will get your heart pumping. There is a quote saying “Practice makes perfect.” Yes, that’s right!


Making a profit from my first stock did not mean that it will always be profitable. Due to COVID-19, nearly all of my portfolio is in red. At first, I took my losses for granted, even started averaging down on a stock which ended up profiting. As time goes by, I hear people saying do not catch a falling knife, restlessness is among us and The Great Depression of 1929 still linger in our thoughts. At that time if I had invested USD 1.000, it became USD 170 or 1 million into 170 thousand Rupiah; making money we ended up losing instead.


I was not careful enough when asking around for advice, they were the wrong people who gave the wrong advice and left me with the wrong place. After listening to too many people, my confidence eroded to a point I didn’t take action. Philip A. Fisher was right, from one of his books he mentioned: “Delaying an attractive buy because one fears the stock market might crash is the biggest loss”.


Our thoughts and reality may not be the same, hence positive thinking is essential. Unfortunately, I incurred tremendous losses and not prepared to mention any figures as for now. I felt down over it, distancing myself from the stock market for weeks which deepened my losses even worse. From this ordeal, I learned an invaluable lesson which is to believe in myself. At the moment I am trying to gather my confidence back into investing and I will be back very soon.



Moduers Story is a column written by Moduit users. All experiences are personal to and have become the responsibility of each writer.


Want to start investing? Download Moduit app here.



Moduers Story – P2P and Crowdfunding


The investment world is surprisingly broad. It’s a shame if we only limit ourselves to just savings and deposits. After investing in mutual funds, I started wondering if there were other investments I could explore. That’s when I discovered investing in insurance which is quite similar to term deposits but with a relatively higher interest rate. The drawback of investing in insurance is that I am required to start with a bigger amount, not even 10 million Rupiah can get you started let alone 10 thousand Rupiah as with mutual funds. The holding period also varies and some can take a minimum of a year. But finally, after some initial hesitation, I made up my mind, even more, determined to try investing and less confused than the first time round.


After a year of investing in insurance and seeing favourable returns, I didn’t look back and kept wondering to myself if there were other good investments. So, after looking around I stumbled upon equity crowdfunding which is investing in a business joint venture. Imagine having ownership in Indomaret, a restaurant, a breeding pond or even a beauty salon with only a few million in capital.


I started reading up on the business to see if it was legitimate and not some money game, whether it was regulated by OJK and what sorts of businesses had potential. In equity crowdfunding, I needed to read up on company financial reports and get smart forecasting projections. The drawback of this investment is that the business is not running yet and so besides betting on returns, we can also suffer losses if the business fails. Because I was prepared for losing part of my investment, I began to study more on this investment.


Two sectors caught my attention namely breeding ponds and minimarket retail. Unfortunately investing into minimarket is closed indefinitely and I keep missing out on the breeding pond business. Finally, I started looking into the Food and Beverages (F&B) and the wellness business opportunity and after reviewing several proposals, I decided to join crowdfunding in F&B. Apparently it was not my time. Not long after transferring the funds and enrolling, they refunded my money back because it turns out that I was a little late in my submission and replaced by someone else. Well, maybe it wasn’t meant to be but right now I am grateful they didn’t accept my application. The reason being is since the pandemic, the F&B is one of the hardest-hit sectors affected by the coronavirus. It’s true that behind one obstacle we still need to be grateful. Investing is not as easy as turning over your palm and surely takes a lot of perseverance and knowledge.


Failing to invest in equity crowdfunding was not a deterrent for me. While continuing with my old investments, I started to look for other opportunities. It was not long before I discovered P2P (Peer-to-Peer) lending which was a new concept I had not heard before.


P2P (Peer-to-Peer) lending is a financial service bringing lenders and borrowers together. Fed up with the money game experience and before I got started again, I immediately called OJK. It might look as though I am exaggerating, but it seems like a wise decision to avoid being trapped in the money game again. License looked okay, the green light is now on, I started studying into P2P.


Data from OJK reveals that there are more than 100 fintech companies in Indonesia having processed their permits, and at that time only 11 had permits finalized. The P2P that I was looking at needed to be an early player. Here I learnt new terms namely NPL (Non-Performing Loan) or the default rate, and also TKB90, which is the success rate of Fintech P2P Lending administrators facilitating the settlement of borrowing obligations within a period of up to 90 days since the due date.


I feel that fintech has a very bright future given the rapid growth in technology. Without a doubt, fintech will likely manage large amounts of fund, and perhaps able to compete with banks in the short-run (although in reality both are synergized and competing in the amount of fund under management). The TKB90 for the P2P that I saw at the time is above 98% and sometimes reaching 99%, a pretty impressive number. Even though 1-2% were late in paying after 90 days (this, however, does not mean they will fail to pay). After calculating, I felt that 1-2% in risk is worth to try and so finally I started pulling funds into P2P.


The shortcomings of P2P (which I have chosen) will require us to look at each company’s ability to repay our loan, whether payment is on time, the company’s finances and their credit rating score. At first, it feels quite daunting with many new terms I did not understand such as DER, EBIT, EBITDA, etc. However, with the limited knowledge that I had, I continued investing. After feeling comfortable with my first project and very minimal funding, I continued on to the second, third, fourth project and without realizing reached close to 80 projects.


At that time due to my busy schedule, I did not really have the time to monitor my investments which started out quite well in the beginning until one day all that changed and suddenly the NPL dropped to 95%, even though 3% looks quite small. But of the projects I had financed, around 35 projects are complete, 45 are still running and 13 are giving red flags, aka on halt. Thirteen projects mean that 30% of them are starting to show the late payment. It is true that 35 projects are complete and I have profited. However, the number of stalled projects is starting to erode my investment capital, losing me money and reaching almost 25% of my investment capital. Instead of making fortune, I was making loses.


Because I couldn’t do much about it, I surrendered and could only pray and wait. While waiting, I did not stop investing and was still diligent in investing. With patience, it turned out that the floating loss I experienced did not materialize and so I made some profit. The world of investing is indeed unpredictable, full of surprises and requires a lot of patience.



Moduers Story is a column written by Moduit users. All experiences are personal to and have become the responsibility of each writer.


Want to start investing? Download Moduit app here.


Moduers Story – Money Management Tips


Nothing is instant in this world. This applies to business, career and investments. In the beginning, I started to invest small amounts since I was still new to investing and did not see any positive gains. I was slapped with a 100% loss.


Everything takes time. I started being consistent and discipline in my investing pattern, rolling over my investment until I noticed increasing results, or known as compounding interest. If we regularly invested 1 million each month and given an interest rate of 10%, our investment will be 1.97 billion in 30 years. Compare to savings of 1 million a month, the returns will only amount to around 360 million. This difference is literally like sky and earth when starting with 1 million in capital, imagine with 2 million, 3 million and so on, the result would be phenomenal. However quite challenging, results can only be obtained through patience, discipline and commitment.


Apart from being committed, success can also be achieved through proper money management. The simplest form of money management is to set aside some money for our savings first then spend the rest. Most of us put savings last but we all know our money usually dries out even before the month ends. Here is a simple illustration of money management to follow:



10% for investment

10% for education (gain knowledge)

10% for charity

10% for an emergency fund

10% for vacation

50% for spending (on daily needs)


From the sample above, turns out we can start achieving if we practice good discipline. There is a term pay yourself first, I just heard it myself which means we need to set aside for ourselves first aka investing and this is so true. In the past, I used to set aside money but didn’t invest, or invested but was not consistent and as a result, I got nothing in return or the bare minimum. And now, I pay myself first.


When I started adopting the simple illustration above, I modified the percentage amount for investment accordingly to 15%. However recently, that percentage amount got a lot bigger than when I first started. Investing which was difficult in the past, now a habit, and it feels strange if I did not make my regular investment. Hopefully, in a not too distant future, I can live by from just spending 10% of my income. I know it sounds quite ambitious but nothing is impossible through hard work and prayer. They say to dream as high as the sky, even if you fall, you will fall amongst the stars. My dream is to become a full-time investor and hopefully, I will achieve this very soon, amen.



Moduers Story is a column written by Moduit users. All experiences are personal to and have become the responsibility of each writer.


Want to start investing? Download Moduit app here.



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