The past COVID-19 crisis should have reduced the “money in the pockets” of many people.

or disappearing with the eyes

Because the job or business that you are doing can't go on.

and collapse unexpectedly

When the COVID-19 subsides, the government has fully opened the country since October 2022. Economic activities have returned to normal.

tourism begins to recover

And it is expected that the Thai economy in the year of the rabbit or the year 2023 will expand better than the year 2022.

But instead, there are various risk factors that may put pressure on the Thai economy not as expected.

Especially the global economy that tends to slow down.

and the Russo-Ukrainian War

That is still protracted and not finished, resulting in "earning money" in the pocket or "keeping money" in the pocket, there is also a risk as well

“Economic Team”

has good advice from “CEOs” leading companies, “tips” for managing money in your pocket.

for this year of the rabbit

to make money grow

build stability in life

and can be relied upon in times of crisis as follows:

Supachai Chearavanont

Supachai Chearavanont,

Analysts from many institutions believe that in 2013, the global economy entered a recession.

Causing many people to worry

and the question arises

How to manage money in order to pass

There is no fixed way to manage money depending on style. Some people focus on safety.

Some people focus on moving forward like Offensive defend because in every crisis there is an opportunity.

Personally, I'm a business person.

must maintain a balance between saving and investment

to make money grow

Time is therefore very important. I think that the longer-term investment

The more there is a chance to grow like planting a tree. Father (Dhanin Chearavanon) used to say that if we spend time playing

Time will pass

But if we plant trees

The trees will grow to benefit us.

like money management

must be stable and prosperous

I would like to leave a thought

“The greatest risk is not taking risks at all,” but you must assess the expected return.

Against the risk that may always occur. Another rule is "don't put all your eggs in the same basket". A simple technique is

Diversify

A variety of investments, which can be adapted for both business and investment

and finally

“The habits that make us rich and the habits that help us retain our wealth are not the same thing.”

financial stability

It is the basics that everyone must have.

both dimensions of having a house

clothing, medicine, food, including savings for security

relied on in times of crisis

Savings can go hand in hand with diversified investments.

does not mean

savings by holding money in one place

That way the economy doesn't turn around.

“Manage money

It is something that must be instilled from childhood.

because it is a personal matter that is important to the future

Today we see very high Thai household debt.

Farmers are insolvent.

due to lack of financial knowledge

both savings and investment

Must not be in debt outside the system

And it has to be a simple account that everyone can do if they try”.

Athit Nanthawittaya

Arthit Nanthawithaya,

The Thai economy in the year of the rabbit recovered under

"Uncertainty" and "not thorough", the money in the pocket is therefore "risk" easily leaked, but there is still a hidden "opportunity" that can add money to the wallet.

With the question

how to manage money

manage the risk

and seizing opportunities from uncertainty

and not thorough

“I have a money management principle.

“Diversified – active – selective” is effective financial risk diversification.

Fluent in adjusting strategies according to highly uncertain economic conditions

and selecting until finding opportunities to invest in the economy and industry that grows better than peers

The secret lies in the use of information and technology to

Manage your finances like that.”

for risk diversification

It is recommended to diversify investments in savings, investment and insurance products by allocating investments in accordance with individual saving behaviors.

which will motivate them to invest regularly

and access insurance tailored to your specific risk at a reasonable price

Because health risk data collection technology, accidents will help insurance companies.

Offer policies that better reflect risks

As for agile management, for example, in times of crisis, businesses will be able to access liquidity at appropriate costs more easily and faster.

Lenders can use information and technology to assess and provide credit sufficiently and in a timely manner.

In addition, information and technology help investors closely monitor financial market conditions.

make adjustments to investment strategies

to deal with volatility flexibly

And selective management, I think that information and technology will help.

give us access

and selecting investment opportunities from many countries

Many industrial groups and trading is convenient and fast, allowing us to seize the investment opportunities hidden in the volatile financial market in a timely manner.

“In the year of the rabbit, financial services based on data and digital technology will become more widespread.

Tips to take care of money in the pocket are all around us, just follow, understand and take advantage.

We will protect the money in the pocket.

from uncertainty

And add money to the pocket by taking advantage of hidden opportunities

can live in incomprehensibility”.

Somchai Lertsutiwong

Somchai Lertsutiwong

Advice to take care of the money in the bag to be with us all year round.

It's a simple way of professional employees.

Or a salary man like me is "eat, collect, recover" to complete and balance according to our abilities.

which I believe can actually be used

No matter what position you are in, such as a general employee, a manager, to a CEO like me.

use the same principle

Only the proportions may differ.

"Eat" is money for spending necessary to live, such as food, expenses necessary for the family.

But before using, must ask

Make yourself clear and repeat 3 times whether we are paying for a real necessity or not. If it's not necessary, you still don't have to use it.

What is really necessary in life, how much money do you need each month?

Not having to be extremely economical

But they must be used appropriately, sufficiently, and not wastefully.

“Storage”

is to know how to save.

from the money left over from eating

There must be no claim that

just not enough to eat

because if so

show that the work we do

not suitable to continue

Must change, but if the work and money are good, but still do not have to collect

It means that we have eaten too much that there is nothing left to collect.

Saving can do many things, don't!!

Just deposit in the bank, buy mutual funds, buy some dividend stocks.

I have a habit of saving money since I was a child.

As a result, there has never been a financial problem when faced with economic uncertainty.

“Borrowing”

is the money that must be used.

to buy big things that are needed in the future, such as houses, cars, or even investments in education

buying happiness for oneself

including various investments

To create new opportunities in life, I want Thai people to dare to borrow and use.

If we can still pay back from what we have eaten and collected

Because it gives us the opportunity to grow more than others.

who do not know the loan at all

If everyone manages their finances in a “eat, collect, recover” way to suit themselves

There will be money in the pocket for necessary matters.

to create happiness in life

mainly used

Future insurance all year long and forever.

Worachat Lakkhanaroj

Worachat Lakkhanarot , Country

As a salaryman like me, my advice is that we should pay attention to money management the same way we give importance to business administration. When working, everyone will plan, allocate budgets, divide into expenses, and have risk management (Risk Management). ) Understand what we invest (Business Assessment) Everything has been carefully filtered.

That's because it's a duty.

that he hired us to do

If we deal with

own money

And put the system like a job, it should be good.

please share my method

I divide the money into chunks, with 40% going to expenses.

In life, 20% is kept as an emergency budget in case of unexpected events, 10% is an entertainment budget, creating happiness, and the other 30% is invested to make money grow. This amount is 60% long-term investment.

Choose a stable, not noticeable, such as a fund that yields higher returns than inflation, while the other 40% is a short-term investment that requires accepting risks.

I invested in NFT cryptocurrency stocks that are currently losing money.

because the market is very volatile

“Investing in crypto stocks is risky.

If losing, must accept the situation, so diversifying risks is important.

Now the biggest losers are stocks (laughs). As for crypto, fortunately invest in technology-backed currencies.

Like Bitcoin, Ethereum is less affected.

Still good, just turned to buy art collections

Partly because I like it, the other part is because it's an investment.

Price goes up very fast

But the recommendation is

Must pay attention and study thoroughly.”

I would like to give a message to the new generation in their early 20s who may have a distorted investment understanding.

An investment that returns 30-40% or more is unreal.

It's a Ponzi scheme.

The last one is deception.

"Financial Planning

Investment is a very important aspect of life.

Growing old will not be a burden to anyone.

Since the family, children, the country should start planning from a young age.

I still regret that I didn't start.

Faster ”.

Tassapon Bileveld

Tassapon Bijleveld

Shamelessly admitted that during the past 2-3 years that the COVID epidemic was severe.

Until the low-cost airline business is almost impossible to continue

The injury was very serious, considered a "big lesson in life".

because of the past

The airline business is going well, the passenger routes have grown continuously all along.

Causing almost all the money to be invested in businesses related to airlines, tourism, whether restaurants, hotels, when there is a crisis, people cannot travel

have to stop flying

The business that I can't go on.

because they are all related businesses

It broke the whole system!!!

“This is an important, expensive lesson.

Because we don't have enough money to save, we know that we don't waste money in the future.

And should not borrow money in the future to use

Investment should not bring the money that is available to invest until the end of the lap.

Including not doing business that is connected. When you fall, you will all fall. At that time, you will have debt and suffer. Importantly, it makes us lose words, lose friends and respect.

From this important lesson

make personal life

and business administration in the year of the rabbit

must come back to consider more carefully, must "stop" spending money and use the borrowed debt

When there is income, it will be collected.

to achieve stability

From the past, having money like buying cars, watches, brand name items

In addition, it

will focus on investing in stocks.

which have good fundamentals mainly have dividends because the price does not change until shocking from before, will trade stocks with good fundamentals

and stocks that are persuaded by famous people

which this partnership

The price fluctuates a lot.

And will not invest anything new easily, must consider carefully first

“For AirAsia, in the year of the rabbit, the situation will gradually improve.

because of tourism

The journey has begun to return.

Even if it takes time to recover

Because at this time there is still an accumulated loss.

from now on will gradually

carefully managed

to achieve the most stability”.

economic team