Salsa: Previously mentioned about money management, such as saving the budget and pay off the

debt. Is there a recommended percentage in terms of money management? For example, 40% for
daily needs to save 10% and the rest to pay off debts.

Ali: From the articles I read about money management, most of the 'rich people'. They apply money
management 40-30-20 of income that is 40% for daily expenses. 30% for other expenses and 20% for
investment. Then for debt, they usually prioritize debt payments than the developer

Salsa: So for beginner or an ordinary person like us if there is another way of managing money?

Haifa: In my opinion, for ordinary people the income may not be as much as they are. However, it
would be nice if we pay off our debts first. Like such as 50% needs, 20% other expenses and savings
if possible and 30% to pay off debts.

Salsa: oh okey thanks

Ziad: I want to ask, in some ways there must be a positive side and a negative side. Is there negative
hand in managing money?

Mira: in fact, if we manage money well, we will get a lot of benefits. However, if the money
management is wrong, such as the composition of daily needs and other expenses, more other
expenses will be detrimental to us. Like daily needs that cannot be fulfilled

Ziad: ohh, there are any tips for good money management?

Ali; yeah, the tips are to pay off all your debts, separate between various needs, multiply
investments rather than expenses that are not too important, the last is to record monthly finances.

Haifa: okay, the conclusion in money management there are three steps we should know, namely
making a budget, saving or invest and paying off debts. making money management very useful for
our finances in old age.