Cambodia Family Financial Plan Template
(Adjust numbers based on your income & expenses)
1️⃣ Monthly Income (Total: $______ )
- Salary (Primary) → $______
- Salary (Spouse) → $______
- Side Income/Business → $______
- Other (Rent, Investments) → $______
2️⃣ Monthly Expenses (Total: $______ )
| Category | Estimated Cost (USD) | Notes |
|---|---|---|
| Housing (Rent/Mortgage) | $______ | [Avg: 300-800 in PP] |
| Utilities (Electricity, Water, Internet) | $______ | [~50-150] |
| Groceries/Food | $______ | [~200-500 for family] |
| Transport (Fuel, Car Loan, Tuk-Tuk) | $______ | [~50-200] |
| School Fees (Kids) | $______ | [Int'l school: $500+/mo] |
| Health Insurance | $______ | [Local: ~20-100/mo] |
| Entertainment/Dining | $______ | [~50-200] |
| Debt Payments (Loans, CC) | $______ | Prioritize high-interest! |
| Other (Shopping, Travel) | $______ |
3️⃣ Savings & Investments
| Goal | Monthly Amount (USD) | Where to Save? |
|---|---|---|
| Emergency Fund | $______ | ABA Bank (Savings Acc.) |
| Children's Education | $______ | Canadia Bank FD / Trust Fund |
| Retirement | $______ | (Limited options) Overseas ETFs, Gold, Real Estate |
| Travel/Other Goals | $______ | Separate account |
4️⃣ Insurance (Protection)
- Health Insurance: Check Forte, AIA Cambodia, Manulife.
- Life Insurance: (If you have dependents) → AIA/Prudential Cambodia.
- Motor Insurance: (Required by law if you drive).
5️⃣ Debt Management (If Any)
- List debts (credit cards, personal loans, etc.) → Pay highest interest first!
- Avoid microfinance loans with high interest (>18% APR).
6️⃣ Local Investment Options (Cambodia)
- Fixed Deposits (ABA, Canadia Bank – ~5-7% p.a.)
- Real Estate (Long-term, but high entry cost)
- Gold (Popular hedge against inflation)
- Overseas Stocks/ETFs (Interactive Brokers, eToro – if allowed)
✅ Action Steps for You:
- Track expenses for 1 month (use Money Lover app or Excel).
- Cut unnecessary costs (e.g., dining out, luxury shopping).
- Automate savings (e.g., ABA Bank auto-transfer).
- Meet a local financial advisor (AIA, Prudential offer free sessions).
๐ Example for a Middle-Income Family in Phnom Penh
(Assuming $1,500/month income)
- Housing: $400
- Food: $300
- Transport: $100
- School: $200 (public school)
- Savings: $200 (Emergency + Retirement)
- Insurance: $50
- Spending Money: $250
⚠️ Cambodia-Specific Tips:
- USD is widely used → Keep savings in USD (more stable than KHR).
- Limited stock market → Invest overseas if possible.
- Informal economy → Many lack retirement plans → Save privately!
Would you like me to adjust this for your specific income level? Let me know your budget, and I'll refine it! ๐
Download Excel Template(Note: Cambodia's financial system is evolving—always verify with local banks/experts.)
Tags:
Family