🗒️ Sketch a sample budget for a student with 5 million/month income.
Worked example: A student with 5,000,000d/month, split 50/30/20: essentials 2,500,000d (housing, food, transport), wants 1,500,000d (fun), saving/investing 1,000,000d. Note each line in a notebook.
Quick quiz
1. The 50/30/20 budget means?
→ 50% essentials, 30% wants, 20% saving
2. Living independently, prioritize?
→ Paying debt and building an emergency fund
3. A budget should be?
→ Tracked and adjusted
4. Income 5M, 'wants' take 30%. The amount for 'wants' is?
→ 1,500,000đ
5. 50% of 5M for essentials is?
→ 2,500,000d
6. When income rises, the budget should?
→ Be updated, boosting savings first
🎯 Real-life mission
Draft a hypothetical monthly budget for living independently.