Level 3 · ages 13–15OECD PMEarn
Managing part-time income
🎯 Goal: Know to allocate part-time income: save first, fund goals, not blow it because "I earned it".
Self-earned money is precious but easy to splurge. Save first, fund goals, and spend only a reasonable part.
Let’s explore
💼
Apply pay yourself first + a budget to part-time income.
🎯
Put most toward goals (study, a big purchase), do not blow it all.
📚
Do not let the side job hurt studies or health.
Practice activity
🧮 Earn 600,000d/month part-time, save 40% — how much saved, how much spent?
Worked example: Earn 600,000d. Save 40% = 240,000d toward a bike goal, 360,000d for spending/fun. So self-earned money does not "evaporate".
Quick quiz
1. Self-earned money is easy to?
→ Splurge without a plan
2. With part-time income you should?
→ Save first, fund goals
3. Earn 600k, save 40%?
→ 240,000d
4. A side job should not hurt?
→ Studies and health
5. The part after saving is for?
→ Reasonable spending
🎯 Real-life mission
If you have income, split it into spend – save – goal.
‹ Auto-saving — pay yourself first · Compound interest — the 8th wonder ›