Owning 100 grams of gold is not an impossible dream, even for buddies who start from small savings. In the midst of economic uncertainty, gold is one of the most stable and understandable instruments for anyone. Gold not only serves as a protector of wealth, but also a symbol of long-term financial success.
However, accumulating 100 grams of gold requires strategy, discipline and consistency. You don’t have to buy it all at once, you can buy it gradually according to your ability. Anyone has the opportunity to own 100 grams of gold as part of a safe and profitable future asset with proper planning.
For this reason, Treasury has summarized some realistic tips so that you can have your first 100 grams of gold savings. Check out the tips below!
1. Determine the Target and Time to Achieve 100 grams of Gold
The first step you need to do to own 100 grams of gold is to determine the target and time of achievement. For example, you want to have 100 grams of gold within 5 years. We assume the current gold price is around Rp1.8 million per gram, so the total price of 100 grams of gold is around Rp180 million.
If divided into a period of 1 year, then you need to save around Rp36 million per year, or around Rp3 million per month. Although it looks big, this target will feel light if divided into small steps and consistent.
In fact, if you can’t set aside Rp3 million per month, it doesn’t matter. The most important thing is to start with an amount that can be done regularly and increase it gradually as your income increases.
In addition, it is important to adjust the target time with your financial condition. Maybe you can extend the time period to 15 years so that the amount of monthly savings becomes lighter. The end goal remains the same, which is to have 100 grams of gold, but the deadline can be adjusted according to each ability.
2. Choose a Safe and Reliable Gold Saving Platform
If you want to own 100 grams of gold, then you need to choose a safe, legal, and easy-to-use gold saving platform. Currently, many digital platforms offer gold savings starting from small amounts and have provided gold savings features that can be monitored in real time.
The advantages of saving digital gold are nominal flexibility, ease of transactions, and storage security. You don’t need to bother storing physical gold at home. Gold can be withdrawn at any time or exchanged in physical form if it has reached the weight of 100 grams of gold as you dream of.
One digital platform that you can consider is Treasury. Treasury is the first digital physical gold trader licensed by BAPPEBTI. Digital transactions at Treasury are guaranteed safe because they are registered with Komdigi and partnered with ICH. In addition, Treasury is also a member of ICDX, a clearing house and authorized futures exchange in Indonesia.
Don’t be tempted by gold investment offers that promise unreasonable returns. Focus on your initial goal of saving gold little by little until you reach 100 grams of gold. The saving journey will feel safe, comfortable and measurable if accompanied by the selection of the right platform.
Also Read: 3 Keys to Successful Investment with Consistency – Treasury
3. Set aside Income for Gold Savings
The main key to achieving 100 grams of gold is consistency in saving. One of the best ways is to set aside income automatically every month. You don’t need to rely on your intentions or the rest of your uncertain salary every month. This system will help you allocate funds for 100 grams of gold as soon as your salary comes in.
In addition, you can also set aside annual bonuses, THR, or additional income to increase your gold savings balance. These moments can accelerate the achievement of your target. Disciplined steps every month are more effective than having to wait to save a large amount but not accompanied by consistency.
4. Monitor Prices and Take Advantage of Buying Moments When Prices Drop
Although gold is known as a long-term asset, it does not mean that you do not need to pay attention to prices. Monitoring gold price movements can provide its own benefits, especially when buying. For example, when gold prices experience a correction, that’s the best time to increase savings and accelerate your target of 100 grams of gold.
Use an app or official website to monitor daily gold prices. Treasury is a digital gold investment application platform that always updates gold prices every minute so that you can monitor gold price fluctuations in real-time only through your cellphone.
However, it is also important not to delay purchases too often just because you hope that the price of gold will continue to fall. Your main focus should remain on long-term accumulation. So, if the price is not much different from the average, keep buying or what we call the Dollar-Cost Averaging (DCA) technique.
5. Avoid Selling Gold Except for Productive Purposes
On the way to 100 grams of gold, the temptation to cash out gold savings will certainly come, especially when there is an urgent need. However, as much as possible resist the urge to sell unless you really need it or for productive purposes, such as increasing business capital.
When saving 100 grams of gold, don’t forget to always provide an emergency fund that is separate from the gold savings fund. This will help you when there are unexpected needs so you don’t have to sacrifice the gold savings that you have collected. Remember, gold is a long-term savings, not a daily reserve fund.
If one day you do need to sell some gold, make sure it is done wisely and carefully calculated. Maintaining commitment and avoiding impulse sales is a challenge when you want to have the first 100 grams of gold savings.
Having 100 grams of gold savings does take time and perseverance. However, this desire is also not impossible for friends whose income is not too large. The key is in planning, choosing the right platform, consistency in saving, and resilience not to give up halfway.
The desire to have 100 grams of gold is not about how fast you get it, but how consistent and smart you are in the process. Every gram saved today is a small step towards a more secure financial future. Come on, from now on set goals, create strategies, and realize the dream of having 100 grams of gold savings!
