Police Station - How to save money

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Even in Myanmar, the average per capita income still varies by region, with people living in major economic hubs like Yangon and Mandalay, those living in border and mountainous areas, and those living in low-lying villages and high-lying villages.

The daily expenses of a city dweller are probably much higher than those of a small town dweller. It is generally accepted that a person living in Myeik can earn more than a taxi driver in a city like Yangon or a motorbike taxi driver in Myeik, Tanintharyi Region. It is easier to earn money in border towns and some goods are cheaper because they are imported directly from the border. However, other expenses are higher.

Therefore, if we look at it, although the income of a person with an average income in a small town and a city is different from that of a person with an average income in a big city, the difference in net monthly income is not much. In cold regions like Shan State, seasonal crops are cheaper, but in hot cities, the prices of fruits and vegetables are more than doubled. However, even if the income of a person in a small town is small, the price of the products is cheaper when reused, so the income and expenditure are almost equal. This is just a rough estimate.

How do people with that kind of income spend their money? Should they save money? Why should they save money?

Money is a necessary support for daily life. Only with this support can people eat, live, and survive. That is why they earn money. They have to struggle to find money to make ends meet.

In today's world, income inequality is a problem that everyone is experiencing. Therefore, in order to live adequately with the salary and income you receive, you need to be able to save money and increase it. There are many benefits to saving money.

The money saved from daily living expenses is always used again at some point. It can be used to cover many needs such as illness, travel, charity, marriage, investment for children, buying a house, buying a farm, etc. Therefore, the money saved can somehow provide good. Saving money is a kind of skill of investing in a pot of gold for the future.

Introduction to saving money

Perfect Money Saving is a book written by British author Smita Talati . It was originally published as a series of articles in journals and then republished as a book.

It was published in the UK and was written with Europeans in mind. So when it was translated into Burmese, there were many differences. For example, how to spend money during Christmas, seasonal festivals, government loans, etc., most of the information is not compatible with those living in Myanmar. In particular, their shopping and sales system is mostly based on online shopping, and Myanmar's internet culture is very different from theirs.

Then, the amount of income their citizens earn is also different compared to the amount of income Myanmar citizens earn. Therefore, the income and expenditure of a European person and the income and expenditure of a Myanmar citizen are also different.