Thrifty Woman Spends Just $7 per Month on Food, Saves Up $80,000 in 4 Years

A 24-year-old woman became the talk of South Korean social media this month after it was revealed that she managed to save up 100 million won ($79,400) in 4 years by being extremely thrifty.

Ji-hyeon Kwak started working when she was 19-year-old and quickly realized that she needed to save money if she was ever going to get her own place to live. Despite earning an average of 2 million won per month (after tax), the young woman managed to put enough aside every month to save over 100 million won in the last four years. That was enough for her to win an apartment subscription, which means she will soon get her own place to live. But, as you can imagine, saving that much money on such a small salary wasn’t easy. She had to take her thriftiness to an extreme level, which included spending just 8,400 won ($6.7) on food per month.

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