Sitemap

Memuat daftar artikel...

Comments

Post a Comment

Popular posts from this blog

How to Stop Feeling Guilty About Spending Money When You’re on a Tight Budget

Image
In the past, I was often haunted by a sense of regret whenever I bought something, even if the item wasn't expensive or luxurious. My thoughts would constantly dwell on the purchase; I would wonder why I had bought something that wasn't particularly useful for my family, but instead merely satisfied a personal need of my own. As a homemaker, I did indeed need the item, yet at the same time, I felt conflicted about the expense. When you live on a tight budget, whether you're surviving on $125 a month, using the envelope method, or building an emergency fund from scratch, every dollar feels sacred. You plan your rent, count your groceries down to the cent, and strictly assign every bit of cash to a specific bill. But then, it happens. You buy a simple cup of coffee after an exhausting week, or buy a small item that wasn't on your shopping list. Immediately, a heavy wave of regret hits: "I shouldn't have bought this." "That $4 c...
Read more

My 15-Day Fried Snack Business Results: Sales, Costs, and Profit From a $50 Start

Image
This time, I’m going to break down the business results from the Envelope system over 4 months. I’m making this breakdown for my own learning. Before continuing, I want to remind you that this breakdown is made based on averages under normal conditions, and the 15-day table I made is just for documentation purposes. Starting a small business with limited money means I have to pay close attention to every dollar that comes in and goes out. After saving for several months, I finally decided to start a small fried snack business from the terrace of my home. I used $50 as my business capital . I decided not to use all of my savings because I wanted to keep another $50 as an emergency reserve . Once the business started, I began keeping track of my daily sales. I wanted to know whether this small business could actually generate a profit. My Daily Sales Target I sell each piece of fried snack for $0.09 , which is approximately Rp1,...
Read more

How I Started a Fried Food Business with $50 from My $100 Savings

Image
I have a $125 salary per month. I use 3 envelope system . $75 for living, $25 for saving, $25 for emergency. I wrote about it before. Many people said $25 is too small to start business. They are right. $25 is not enough. So I waited. I saved my $25 envelope for 4 months. Month 1 $25, Month 2 $50, Month 3 $75, Month 4 $100. It was long. In month 3, I wanted to use it for new sandals. But I remembered my debt book at the small shop. I don't want my name there again. Why I Don't Spend All My $100? This is important. I have $100. Why I don't spend all $100 for gorengan? Because I am scared. If I spend $100 for 1,400 pieces and it rains all day in front of my main road, nobody buys. All gorengan basi. My 4 months saving gone in 1 day. So I use only $50 for capital. And I keep $50 for jaga-jaga. Reserve. If oil price goes up, I have money. If 2 days rain and no one passes my house, I still have money to buy rice. This is my 4th envelope now, business emergency...
Read more