How I Saved 50 Million Won in 3 Years on a 2 Million Won Monthly Salary
Just a small tip, but I wanted to share. I'm an office worker earning 2 million won a month, and I managed to save 50 million won over three years. The secret is simple: minimize fixed costs each month and put all remaining money into savings accounts and ETFs without fail. Packing lunch for work and drinking office coffee instead of going to cafes made a huge difference. Of course, I didn't completely give up travel or dining out—I just made active use of discount coupons and special offers. It's small and steady, but consistency seems to be the key.
10 answers
Wow, that's really impressive! Saving 50 million won in 3 years on a 2 million won monthly salary means you saved about 1.4 million won per month. How did you manage to get by on just 600,000 won for living expenses? Besides packing lunch, do you have any other useful tips?
I'm doing something similar, and I've found that consistency really is key. I've been making it a point to collect delivery app coupons and treat myself to fried chicken once a month as a reward. I'm curious about what your ETF return rate was like.
Honestly, is it possible to save 50 million won from 2 million won without loans or side jobs? I'm in a similar situation, but I couldn't even save 30 million won in three years. Could you tell me how you saved on housing and transportation costs?
Wow, that's really impressive... I earn 2.5 million won a month and even saving 10 million won a year is tough for me ㅠㅠ I'll try packing my lunch. But is ETF a good starting point for beginners?
I really love this kind of practical advice! I also rely on office coffee, and it saves more than I thought. By the way, what savings account did you go for? Could you recommend some with good interest rates these days?
Thank you for sharing your experience. I have one question: during those three years, were there any unexpected expenses (such as medical bills or family events)? If you had a plan that accounted for such variables, I'd appreciate any tips.
I've been packing my own lunch for two years now, and it definitely makes a difference in how fast I save money. But it's impressive that you didn't give up on traveling. I'm curious how you managed to go on trips within your budget.
Wow, seeing this makes me realize I need to get my act together too. Until now, I've just been spending whatever comes in from my paycheck with nothing left over. I'll start by minimizing fixed expenses. Thank you!
Great tip! On the flip side, I once burned out from being too extreme with saving, so I think it's important to save while enjoying life moderately. By the way, what percentage of your salary did you set as your savings rate?
I'm jealous... I'm trying to follow along too, but living alone comes with so many fixed costs that it's not easy. If you don't mind me asking, how much was your monthly rent and maintenance fee?