Friday, July 6, 2012

Saving & managing your money in South Korea

Well! my blog pertains to the hot issues, latest information, food, cash, living, beauty books etc focusing on living in South Korea.
Saving of money is surely an important aspect of life as your savings make your life easier, happier and content.
Mostly people are worried to save money but I feel if the savings are well-planned the life can be well-managed.
Expenditure Map
First of all you must evaluate your monthly expenditure, what the major sources for the expenditure I made, see the most generalized map below:
Expenditure Map
So you may find that your household expenses like gas bill, car bills, insurance, grocery, food, needy things, clothes etc takes your salary. Then comes your debts and loans which are been taken by you to fulfill your dreams like car loan, education loan, house loan etc. Responsibilities might be fixed or sometimes unexpected to your ailing relatives, or your family, or for children school activities etc.
last comes the entertainment which might be well planned depending upon your limits, which is a need to relax from the stressful world by watching a movie, trying some new restaurants, going on a trip etc.
These are the major expenditure for most people. In these four things you MUST DELETE THE DEBTS in your life as soon as possible.
Management of cash
Next step is to establishing your goals, set some goal for some amount, then step by step you must try to identify the ways to reach it. But setting a goal should be withing a time frame, not a like just wasting your time. Take a look at the steps which will help you achieve your goals:

Saving Methods
There are innumerable methods to save your money. I am not asking to hide it in a pit but save with schemes or events. Sometimes bank offers several methods or schemes to save the money in different interest rates, secondly try to buy some property as investments are always useful for long term savings.
Also many people prefer stocks, but I think you should have a proper knowledge for all this. So keep a track with your friends and bank in your city, for better saving plans.
Basic saving method is shown below:

So I recommend you must be careful in using the money and best way is to manage it with proper planning.
Korean Won

List of Banks in Korea:
1. Kookmin Bank
2. Nongyup Bank
3. Woori bank
4. Shinhan Bank
5. Hana bank
Above is the list of Korean banks where you can take more help.
Don’t forget to enjoy your life which is also important. The money and material is just temporary

things in life which will never last forever. But yours and your family’s happiness is what is the most important and anyway you cannot carry this to your grave. So live life to the fullest with little precautions in life.


  1. I’d must check with you here. Which isn’t one thing I often do! I take pleasure in reading a publish that will make individuals think. Also, thanks for permitting me to remark!

  2. wow your loan site is a good information for the loan seekers.
    thanks for sharing do keep giving some more such information, especially for korea.
    join my site , follow me on facebook

  3. Woah! I'm really loving the template/theme of this website. It's simple,
    yet effective. A lot of times it's difficult to get that "perfect balance" between usability and appearance. I must say that you've done a awesome job with this.
    Also, the blog loads very quick for me on Opera.
    Superb Blog!
    My site > Gambling

  4. great points altogether, you simply received a new reader.

    What may you suggest about your put up that you just made some days in the past?
    Any sure?
    Stop by my weblog :: casino cruises

  5. Name of creditor: Mr. Paul William.
    Lender E-mail:

    We offer private, commercial and personal loans with very low annual interest rates as low as 3% in one year to 50 years repayment period anywhere in the world. We offer loans ranging from $ 5,000 to U.S. $ 100 million.

    Those interested should fill out the loan application form bellow:

    Your full name*
    Your Email*
    Your Phone*
    Your address*
    Your City*
    State / Province *
    Fax Number
    Date of Birth *
    Do you have an account? *
    You have applied before? *
    Loan Amount Needed*
    Duration of loan*
    Purpose of loan *
    Send me a scanned copy of your identification: *

    Name of creditor: Mr. Paul William.
    Lender E-mail:

    Mr. Paul William.

  6. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:( Thank you.


    1. Name Of Applicant in Full:……..
    2. Telephone Numbers:……….
    3. Address and Location:…….
    4. Amount in request………..
    5. Repayment Period:………..
    6. Purpose Of Loan………….
    7. country…………………
    8. phone…………………..
    9. occupation………………
    11.Monthly Income…………..

    Email Kindly Contact:


Total Pageviews