Last year, my annual salary finally exceeded 60 million won. Let me summarize how I've managed my money so far.
1. Automatic transfer the day after payday
- 1 million won savings deposit, 300,000 won insurance, 100,000 won subscription savings
- Since it's automatically deducted from my account, I just think of it as money that doesn't exist
2. Treat card payments as fixed expenses
- Food 300,000 won, transportation 100,000 won, communication 80,000 won - I try not to spend more than that
- Baemin is seriously dangerous, so I keep deleting and reinstalling it...
3. Investment allocation
- Keep a 70% ETF, 30% individual stock ratio
- When the market is bad, I adjust by only about 20% and buy more
4. Always keep at least 10 million won in the emergency fund account
- It's a huge relief knowing I can last a month no matter what happens
Of course, I don't think all of this is the right answer. What matters is finding a method that works for you.
Well, all of this is only possible because of a high salary. If your annual salary is 30 million won, your take-home pay is around 2.2 million won per month. With 1 million for savings, 300,000 for insurance, and 100,000 for a housing subscription, that's 1.4 million total, leaving you to live on 600,000. Is that realistically possible? In the Seoul metropolitan area, that would be really tight.
by AI덕후115 · ▲0