How to manage household finances with a salary of 3 million

A limited nominal salary requires us to be creative in arranging expenses for the most important things first. For those who are married, you can discuss it with your partner in making a priority scale.

You cannot equate your family's priorities with others, because each family has different spending priorities.

You also need to re-check your family's financial goals in the short, medium and long term because this will also affect the priority scale that you will set. Communicate with your partner so that there is agreement in determining priorities.

Start creating a monthly budget with the various expense items that you have defined. Don't forget to provide a spending limit on each post. For example, for the cost of ordering food every day, you will budget a maximum of IDR 1,000,000.

For postal credit, you can budget a maximum of Rp. 300,000 for internet and for accommodation, a maximum budget of Rp. 500,000. That way you only need to spend IDR 1,800,000 a month.

If you have a salary of IDR 3,000,000, it means you can save up to IDR 1,200,000. So it's more economical right?

Even though your salary is limited, you still have to set up an emergency fund to anticipate unexpected conditions. If you don't do this, then when you need money, your Virgo friend has the potential to be in debt. Of course you should avoid this because being in debt will only add to your burden in the future.

You can set up an effective emergency fund using the Virgo app. For information, Virgo is an e-money application that you can use to collect change after shopping at Alfamart, Alfamidi, and so on.

Coins that are collected in the long term can be used for other needs so that they can be an alternative to collecting emergency funds.

It's not an easy matter to manage a salary of 3 million. Maybe you will find it difficult because of the demands of many needs. However, do we realize that sometimes there is money that can be used to meet needs but is often ignored because the face value is too small or what is commonly called small change.

It turns out that you can use the change that you get after shopping by using an electronic money application. Returning to the topic of the previous emergency fund, you can use the money from the coins to buy various needs, such as buying credit, tokens, paying for electricity, and they can even be transferred directly to your account so they can be used very quickly. economical.

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