As Vietnamese Americans we are often taught cash is king as we have memories of our moms carry wads of cash when traveling to other countries. We also have fears ATM machines may not accept our cards or we don't want to incur extra foreign transaction fees or credit card charges so we continue to carry cash while fearing pick-pocketers. We also assume without access to wifi we cannot use our commonly used phone apps to help us navigate the local scenes. Here are some Danh's

Disclaimer: This is how I am thinking of investing my money, not necessarily how I think you should do it. I’m not a CFA nor do I have a certified title. Everyone is different in their investing philosophy. Please do your due diligence. You go to school, get a degree, and you get a job at mid or large size companies. They will likely offer you a 401K plan. Most companies will match a certain percentage of your salary when you contribute to your 401K account. For example, comp

The most difficult task when setting up a budget is adhering to it. In general, you should not spend more than 50% of your income on fixed expenses. Here are some fixed expenses: Rent/Mortgage and property taxes Utilities Car loan Insurance Cell phones Groceries Next, 30% of your income should go to savings and investing. I think investing can include investing in yourself, like taking a class or attend a seminar. Last, 20% of your income will be fun money or guilt-free spend