Your plans to go on vacation and watch a concert last year failed due to insufficient budget? Maybe you need to reorganize and re-plan your finances to be able to achieve all your goals or plans this year.

The various benefits you can get from planning your finances include:

1.   Help Realize Goals

Many of the plans you have can be achieved with a financial plan. You can make a complete list of short, medium and long-term plans along with the costs required. Next, make savings according to the desired cost and time period.

2.   Monitor Cash Flow

The existence of a financial plan can help you get used to monitoring cash flow every day. Monitoring cash flow aims to let you know what money is used for every day.

3.   Improve Financial Discipline

A good financial discipline is the cornerstone of an effective financial plan. It provides tangible benefits to individuals who are working towards achieving financial control and long-term stability. A financial plan instills a mindful approach to financial management, which includes managing incoming funds and savings funds.

To make it easier for you to create a financial plan, Maybank MyPlan Savings Account / MyPlan iB is the right solution for millennials who want to achieve goals for various plans in the future. Some of the features and benefits you can enjoy include:

• Available in various options,
  

  - Maybank MyPlan Savings Account / MyPlan iB, by saving regularly every month, and

  - Maybank MyPlan Plus Savings Account / MyPlan Plus iB, save with an initial deposit and have the opportunity to get various choices of prizes.

• Affordable regular deposits, starting from Rp100 thousand and USD500.
• Low administration fee of IDR5,000 for IDR currency and free administration fee for USD currency.
• Auto Debit system feature can help you automatically save every month from the selected source account.
• Sharia-compliant savings are also available.

Buka Maybank MyPlan Savings Account / MyPlan iBcan be opened anywhere and anytime! You just need to download M2U ID and follow these steps:

1. Login to M2U ID App and Click the burger menu (3 lines icon) on the top left of screen
2. Click ‘Apply Online’
3. Select ‘Saving Account'
4. Select ‘Conventional’ or ‘Sharia’ according to your needs and click the icon.
5. Select ‘MyPlan Saving‘
6. Read all terms and conditions, then checkmark the box below. Click ‘Continue’
7. Verify your Name and Next Installment Date. Input Name of Heir, birth date of Heir and select relationship. Click ‘Continue’
8. Choose your Source Account for the Initial Deposit
9. Fill in your monthly Installment Amount. The minimum installment amount is IDR 100.000 or USD 100. Click ‘Ok‘
10. Select tenure and currency. Click ‘Continue’
11. Verify all information is correct and click ‘Confirmation & Request TAC’
12. Input the TAC sent to your registered phone number
13. You have successfully opened MyPlan Savings Account

For details on how to apply click here

Creating a financial plan with Maybank is easy, right? Let's achieve your goals with Maybank by opening Maybank MyPlan Savings Account / MyPlan iB through M2U ID App now!