How to save 1 billion VND after 10 years of working?

Adhering to the discipline of saving and investing systematically has helped a female office worker in Ho Chi Minh City own 1 billion VND after 10 years of working. Saving 1 billion after 10 years of working is truly a dream for many office workers like Ms. Phuong Anh (35 years old). With a bachelor's degree in Marketing Management, she had basic knowledge to build a financial plan and save early. Right after graduating, saving was difficult. However, adhering to the habit of accumulating small amounts, depositing term deposits at the bank and investing reasonably has helped Ms. Phuong Anh limit uncontrolled spending. At the same time, this is also a method to keep money from being "frozen" and to generate profits safely. Building a solid financial foundation In the past 10 years, she has applied the 50/30/20 budgeting rule. Phuong Anh uses 50% of her income to serve personal needs, 20% for hobbies and desires, and the remaining 30% to invest for profit. This is a method that many people have applied and succeeded. The secret lies in 30% of the investment amount. In the market, the 3 most popular investment styles are high-risk but high-return investments such as stocks and cryptocurrencies. In addition, there are medium-risk investment forms with moderate returns, notably buying real estate or corporate bonds. The rest is safe investment by saving. Phuong Anh has allocated to 3 categories to create a large source of income for herself and minimize the failure rate. With a salary of about 30 million/month, the investment amount she has is 9 million/month. Phuong Anh uses 20%, about 1.8 million/month to buy stocks. She said that this is a high-risk investment form but can bring high interest rates. For mutual fund investment, Phuong Anh spends more on this amount with 30% of the total investment amount. Because, although this form does not have high profits like stocks, it is more regular and safer. Finally, she used 50% to save for medium and long terms. According to her, saving for a 9-month term is suitable because it is safe, the interest rate is stable and the waiting time is not too long compared to a yearly term. Moreover, compared to a short term, the interest rate for a 6-9 month medium term is also better. Thereby, Phuong Anh can predict future plans for using money before maturity. Success thanks to consistency and discipline According to Phuong Anh, when participating in the investment field, each person needs to be persistent, consistent, set and implement discipline to reach the goal. To adhere to discipline, she shares the method of recording each amount of money used in a spreadsheet, helping to balance income and expenses during the month. Phuong Anh also separates investment money and living expenses to avoid overspending. Moreover, she also reduces emotional spending like when she was a student. Therefore, every year, Phuong Anh regularly adds 120 - 150 million VND to her savings account from interest on stocks, mutual funds, and other sources of income such as bonuses. She also chooses to save in familiar medium-term terms to easily reinvest and rotate money when needed. Most recently, Phuong Anh spent more than 300 million VND to open a 9-month savings account at KBank. She said this is a long-term financial guarantee. In addition, with K PLUS Vietnam's promotion, users will receive an interest rate of 4%/year and a cash bonus of 0.5%. This is considered an attractive program on the market. Learn more about KBank's promotions here . Phuong Anh also shared that before she had to go to the branch to open a savings account, but now she just needs to sit at home, download the K PLUS Vietnam application on her phone and fill in the information. With just a few simple steps, she can complete opening her online savings account. Download the application here . Moreover, when registering online, users will receive a higher interest rate than when going directly to the transaction counter. This makes Phuong Anh love saving online even more. In addition, when mentioning the profit from saving, she also advises people to update information from many sources to grasp the promotional programs from banks to have savings with the best interest rates. Now, when looking back at the figure of 1 billion VND after 10 years, Phuong Anh said that she was lucky to have saved early and maintained good discipline in investing.