{"id":22162,"date":"2021-02-11T17:57:49","date_gmt":"2021-02-11T08:57:49","guid":{"rendered":"https:\/\/www.waca.associates\/en\/?p=22162"},"modified":"2021-02-23T18:40:26","modified_gmt":"2021-02-23T09:40:26","slug":"kithow-to-manage-your-money","status":"publish","type":"post","link":"https:\/\/www.waca.or.jp\/en\/growthhacking\/kithow-to-manage-your-money\/","title":{"rendered":"[KIT]How to manage your money"},"content":{"rendered":"<figure class=\"wp-block-image is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.waca.associates\/en\/wp-content\/uploads\/2021\/02\/savings-box-161876_1280-1024x853.png\" alt=\"\" class=\"wp-image-24520\" width=\"300\" height=\"300\" \/><\/figure><p>Source image:<a href=\"https:\/\/pixabay.com\/vectors\/savings-box-pig-piggy-bank-money-161876\/\">https:\/\/pixabay.com\/vectors\/savings-box-pig-piggy-bank-money-161876\/<\/a><\/p><h2 class=\"wp-block-heading\"><strong>Find out your current financial situation<\/strong><\/h2><p>Before you can begin to manage your money well, you need to know how much you have. I do not think you can go on without knowing where you are.<\/p><h2 class=\"wp-block-heading\"><strong>Create an emergency fund<\/strong><\/h2><p>A better way to manage money is to save cash for unexpected events such as job loss, illness, or broken car.<\/p><h2 class=\"wp-block-heading\"><strong>Create and stick to a budget<\/strong><\/h2><p>Write a budget that determines how much of your income will be spent each month.<\/p><h2 class=\"wp-block-heading\"><strong>Debt settlement<\/strong><\/h2><p>Being in debt can make it harder for us to reach our goals. Since most debt is interest-bearing, becoming interest-bearing can be a long process if you just make a minimum payment to get ready for debt. Find a way to repay the debt and set a maximum budget for this debt reserve.<\/p><h2 class=\"wp-block-heading\"><strong>Prepare regular progress report<\/strong><\/h2><p>Managing your money is an ongoing process that helps set up regular time throughout the year to assess your financial situation.<\/p><p><strong>For my experience:<\/strong><\/p><p>When I was in high school, I used to spend all my money to buy something useless and some unhealthy food until one day I was sick and I did not have any money to buy medicine. I decided to borrow some money from my friend and I still remember it because it was a very hard time for me. Next week, my health also come to normal and I decide to learn how to manage my money.<\/p><p>First: I have to know my resource like how many do I get today so I do not have to spend all that money and I could save some money for some problem in the future.<\/p><p>Second: In high school, I had a lot of friend and every month maybe two of them invited me to every birthday party so I have to save some more money for this or otherwise I broke.<\/p><p>Third: When I want to buy something, I have to buy it by myself so I have to calculate how much that I save for one month and how many months that I can buy this thing. If that month came but I could not afford, I have to waste  one more month just to buy that thing. Luckily, it never happen to me.<\/p><p>Fourth: Do not borrow your friend money or lend them your money. because for this situation I have lost some friend and lost some money. But some issues that you can not solve it by yourself ask your family or your close friend to help you.<\/p>","protected":false},"excerpt":{"rendered":"Source image:https:\/\/pixabay.com\/vectors\/savings-box-pig-piggy-bank-money-161876\/ Find out your current financ [&hellip;]","protected":false},"author":742,"featured_media":24520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169],"tags":[259],"class_list":["post-22162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-growthhacking","tag-how-to-manage-your-money"],"jetpack_featured_media_url":"https:\/\/www.waca.or.jp\/en\/wp-content\/uploads\/2021\/02\/savings-box-161876_1280.png","_links":{"self":[{"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/posts\/22162"}],"collection":[{"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/users\/742"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/comments?post=22162"}],"version-history":[{"count":8,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/posts\/22162\/revisions"}],"predecessor-version":[{"id":24521,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/posts\/22162\/revisions\/24521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/media\/24520"}],"wp:attachment":[{"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/media?parent=22162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/categories?post=22162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waca.or.jp\/en\/wp-json\/wp\/v2\/tags?post=22162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}