Has anyone thought about entering the culinary industry as a business venture? For business people, this one particular area continues to be a prima donna. In fact, experienced businessmen are still curious about trying their luck in the culinary world, so it's not just for beginners. source picture : pixabay.com One could say that the culinary industry is a never-ending business. There are many different market shares. There are numerous business opportunities. Businesspeople target the culinary industry for a variety of reasons. It must be because food is a basic human need. Need to eat every day. People today, especially, are searching for both the source of fullness and its sensation. When starting a culinary business, there are a number of things to take into account. 1. The Phenomenon of Social Media Eating is more than just satisfying basic needs for the millennial generation. The location, the type of food, and the overall experience are all taken into account. In other wor...
Students frequently work or run their own businesses to supplement their income. Whether it's to pay tuition, assist parents, supplement your income, or simply fill your spare time and gain experience.
 |
| sourece picture : pixabay.com |
The salary or wages you earn from working must be properly managed. Of course, for current requirements as well as future planning.
Otherwise, the funds will run out before you know where the jungle is. You understand, young man. His soul is still unstable, easily influenced by other people's lifestyles.
It is the same as hanging out, eating snacks, purchasing consumable items, treating friends, and having fun. For those of you who are studying while looking for work, here's how to manage your finances:
1. Use half of your budget for necessities
Even if you are still your parents' responsibility, there is nothing wrong with learning to be self-sufficient. Take care of your own needs. After all, you already get paid every month.
Especially if you are attending college and working far away from your parents. Spend 50% of your income on boarding houses, food and drink, transportation, internet packages, cosmetics, fashion, and snacks.
2. Set aside 10% for an emergency fund
Nobody can predict emergency events such as illness, accidents, or others. It is usually very expensive in urgent or emergency situations.
As a result, even if you are still a student, it is critical to be prepared in advance. Set aside 10% of your monthly salary for an emergency fund.
Put it in a savings account that you can access at any time. But keep in mind that it should only be used in an emergency.
3. Set aside 10% for investment or savings
Today's students understand how to invest. You can set aside 10% of your income for investment. Profitable investments, such as stocks, mutual funds, gold, fintech lending, government bonds, and so on.
The goal of investing is to make your money grow. As much as 10% of the salary is used for investment, which can generate cash or profit whose value varies with the level of risk.
Investment is also a means of securing one's financial future and increasing one's wealth. Investing at a young age will thus reap the greatest rewards.
If you are a conservative person who does not want to risk investing, you can prepare for the future by saving. Saving money in traditional savings accounts, time savings, time deposits, or gold.
4. Use 10% for tuition fees
You can pay your own tuition to relieve your parents' financial burden or to learn to be self-sufficient through your hard work.
You can save for this tuition fee every month. The amount is 10% of your income. Avoid tampering with these savings because they are clearly intended to fund education.
5. Use 10% to treat yourself
To be honest, studying while working would be extremely exhausting. It is not for everyone. You must divide your time and focus wisely so that both run in harmony and balance, and that neither is neglected.
You may also require entertainment, recreation, or pampering on occasion. You can set aside 10% of your salary for this purpose.
So, if you want to go to the movies, to the salon, or to take a vacation, you already have the money. There is no need to draw from future savings or emergency funds.
6. Use 10% for good measure
Working and earning money does not imply that you are a stingy person. Sharing your wealth with those in need will not reduce your wealth.
Instead, God promises to provide more food for those who enjoy giving. As a result, set aside 10% of your monthly income for charitable purposes or alms.
Comments
Post a Comment