Ask Dr. Money

Ask Dr. Money

By 반남중 반남중

Reorder

I’m Jason. I get a weekly allowance, but I never have enough. By Thursday, all of my money is gone. I don’t know how to solve this problem.

Answer: Hi, I'm Dr. Money.

• Let's look at your spending diary.

• You used up most of your money at the beginning of the week.

• Here’s my tip. Don’t carry around all of your weekly allowance.

• Divide the money into days.

• Then carry only the money you need for each day.

1

2

3

4

5

• 1
• 2
• 3
• 4
• 5

Reorder

Q Hello, Dr. Money. I’m Steve. I have difficulty saving money. For example, I’ve been saving to go to my favorite singer’s

concert for the last two months. However, I still don’t have enough money. I don’t know what to do.

A: Let's see.

• In the last few weeks, you spent 80% of your allowance and only saved 20%.

• I think you’ve been spending too much. To save money, you need to have a tighter budget.

• For example, you can follow the 50%-40%-10% rule.

• Save 50%, spend 40%, and donate the remaining 10% to charity.

• By following the rule, you can manage your money better. Then you can save money faster to buy the ticket.

1

2

3

4

5

• 1
• 2
• 3
• 4
• 5

Reorder

Q I’m Minji. I like to buy things on sale. If something’s on sale, I buy it although I don’t need it. Last week, I bought two T-shirts on sale, but I already have many.

A:~~~~ ~ Then you won’t buy things on the

spot.

• Buying things on sale is good if you buy things you need.

• In your case, the problem is that you buy things you don’t even need.

• Here’s some advice. Before you buy

  something, ask yourself, “Do I really need

  this?”

• Also, before you go shopping,

  make a shopping list.

• Don’t buy items

  that aren’t on the list even if they’re on

  sale.

1

2

3

4

5

• 1
• 2
• 3
• 4
• 5