“Financial planning for busy moms needs to be different.”
The investment navigation that turned an ordinary working mom into a billionaire.
***Recommended books by Ja-cheong, Kim Mi-kyung, John Lee, and Joo Eon-gyu***
***KBS [Morning Plaza] EBS [Homo Economicus] Economic Mentor***
***[Special Feature] 14-Day Rich Habit Project***

After a hectic work life and a tough parenting routine, the fried chicken and beer I used to enjoy as a reward for the day, has now cost over 40,000 won, making it difficult to call it a small consolation.
Not only the rising cost of living but also the rising interest rates on housing loans every month are putting pressure on couples raising children to choose dual-income families.
As a result, mothers today live as supermoms, juggling childcare, housework, and work.
Busy mothers who drop their children off at daycare in the morning and go to work, or take care of household chores after work.
I work hard all day to raise my child happily, but the only time I can really see my child is after he or she falls asleep.
In an age where people ridicule each other and say, "A little goes a long way," mothers' money mentor, author Lee Ji-young, has returned to us.
She grew from an ordinary working mom living in a one-room villa to a billionaire with assets worth 10 billion won. She also had a wish to 'spend a lot of time with her child without worrying about money', so in 'Mom's 10 Billion Won', she talks about how to build a pipeline that automatically brings in money and unshakable rich habits for mothers who have the same concerns.
It's time to experience the rich muscle training that will make the wish of mothers who wish they had just 500,000 won more per month come true.

As I listened to the mothers' inner thoughts, I learned that their aspirations started from the simple wish, "If only I had 500,000 won more per month."
Raising a child is, of course, a very precious and valuable thing.
These days, it's no exaggeration to say that mothers worry every day about how to balance parenting and work, as their careers are just as important as raising children.
I try to suppress my fear of a career break, but the worry that 'my life might end just by looking after my child like this' always lingers in the back of my mind.
Sometimes, impulsive spending occurs as we try to relieve the stress, big or small, that these fears bring.
As the saying goes, "financial therapy," spending money to control emotions is the first step, but since this is not a fundamental solution, it ultimately leads to greater guilt.

--- p.28, from “5 Ways for Moms to Generate Side Income”

Although we didn't spend a lot of money to create an online fruit shopping mall, we are generating steady profits.
Rather than expanding the scale to cover the entire country, targeting only small regions was effective.
We limited our delivery to areas where we could deliver the freshest fruit, and we made sure to spread the word there.
Although it is a local fruit shop, it is delivered online and its quality is top-notch, so word of mouth gradually spread to Mom's Cafe, and now it is earning an automatic income of over 5 million won per month.
Above all, it is said that the fact that they did not start with a large sum of money but rather used a sales strategy through blog group purchases and Naver Band to reduce the initial investment and increase profits was very effective.
To make money through a blog, consistency and authenticity are the foundation.

--- p.36, from “5 Ways for Moms to Generate Side Income”

During the saving phase, it is important to set realistic goals rather than being overly ambitious.
For example, something like 'Tackle only one item per month'.
For those of you who are not sure what I mean by tackling one item a month, here's an example.
In January, target your dining out expenses, in February, clothing expenses, and in March, coffee expenses. Find out what you spend the most on and focus on that for a month.
--- p.44, from “The 3-Step Rule for Creating Seed Money”

The Rich Mom Mindset is a must-have if you want to become rich.
It's hard enough to spend time worrying about how to make money without losing money, so you can't waste time blaming and resenting others.
Since everyone has a certain amount of energy, I must use my precious energy on good thoughts.

--- p.53, from “The Rich Mom’s Habits That Changed My Life”

The moment we find the 'real reason', we achieve things we thought we would never be able to do.
To take a step out of a frustrating situation, you need a 'real reason'.
Until we are faced with extreme situations, we never easily move from our familiar reality.
To find the 'real reason', you need to take the time to be honest with yourself about what you truly want.

--- p.68, from “Find the ‘Real Reason’”

When we have worries, we usually confide in our close friends and ask for advice.
Of course, advice from acquaintances can be beneficial at times, but on the other hand, it can also be a huge obstacle in life.
That's why it's so important to have people around me.
If you want to take a new path, you have to make new connections.
I'm talking about connections that bring wealth.

--- p.96, from “Build a network that brings you wealth”

When it comes to real estate investing, risk is like two sides of a coin.
Managing risk well can lead to greater returns.
However, if risks are not managed well, it can lead to huge losses.
When investing, you must carefully examine the risks caused by external factors (e.g., economic fluctuations, policy changes, interest rate hikes) and internal factors related to the transaction itself (e.g., location analysis, rental management, taxes).
You should make an investment when you feel you can handle the worst case scenario.

--- p.114, from “Prepare for Risk”

Making money work for you is a lifelong endeavor, so avoid betting on short-term gains.
If you look around, there are many people who have been deceived by tempting phrases like "You can make hundreds of millions of won in a few months" and have mistakenly joined stock reading rooms, resulting in huge losses.
On the other hand, there are people who are in debt of hundreds of millions of won through coins.
Instead of trying to make a quick buck, you need to approach it with the mindset of making your money work for you for the rest of your life.
When it comes to making money work for you, there are also some principles you need to follow.
For me, there are three principles I stick to when it comes to making money work for me.

--- p.120, from “Make Money Work for You”

Apptech is a combination of the words app and investment, and refers to generating revenue in various ways using mobile devices such as tablets and smartphones.
People who use apps to manage their finances are sometimes called app tech people.
There are many different types of app tech, each with its own pros and cons. However, if you use it to your advantage, it can be beneficial for your financial management and help you develop consistent wealth-building habits.

--- p.154, from “Build a Diverse Pipeline”

There are two types of debt.
Good debt brings me income and increases in value over time.
Bad debt only takes away my money and loses its value over time.
Unfortunately, many people don't know the difference between good debt and bad debt.
That's why people insist on 'jeonse' or 'monthly rent' because they think debt is not good, and they tend to pay for new cars in installments.
On the other hand, some people buy a house without any prior research, with the complacent thought that everything will be solved once they buy a house.
And then you spend more than 30 years paying off the mortgage.

--- p.160, from “Distinguish between good debt and bad debt”

People know that when they drive, they need navigation, and even when they travel on foot, they need a map.
When building a house, you know you need to plan it with an architect.
However, when it comes to financial management, the importance of ‘planning’ is often overlooked.
When driving, first decide on your 'destination', where you want to go.
When building, first think about what kind of house you want to build.
Likewise, if you want to become rich, you must clearly set your goals.
You must first clearly plan the size of your assets or level of wealth you want in 3, 5, or 10 years.
Are you thinking, "If I just work hard, it'll just happen"? Like all things, the path to wealth requires a plan.

--- p.194, from “Plan to Become Rich”

I, too, created the 14-day Rich Habits Project to help me develop small habits first in order to become rich.
As I carried out the mission for each day for two weeks from day 1 to day 14, I gained confidence without even realizing it.
After two weeks, I rewarded myself by opening a Diamond Savings Account and Windmill Savings Account No. 1, which boosted my self-esteem.
Not only me, but now hundreds of people have completed the Rich Habits Project and reached a turning point in their lives.

--- p.208-209, from “Repeat the Rich Habit Project”