As director-general of the Revenue Department, Mr Satit manages thousands of tax officials and is responsible for collecting as much as 70% of the government's annual revenues.
His home responsibilities, while perhaps less grandiose in scale, are no less weighty _ planning for the welfare and well-being for three children.
"I use a simple formula. We have to always be thinking that every year, we need to be earning enough for two years. That's because we might work 30....35 years before retirement at 60 but we might live until 80 or 90," Mr Satit said.
"Basically, it means that we can look forward to another 20 or 30 years of life after retirement."
The secret to managing one's personal finances? "Discipline and good investment planning," Mr Satit said.
And so as a young civil servant, he worked tirelessly to help maximise his income and stabilise his family finances, including teaching courses about taxes at local universities.
"After making money, the most important factor then becomes investing wisely," he said. "Who wants to work until their death, like a rat in a cage?"
And like managing the government, good financial management starts with setting a sound budget.
Discipline starts with the very basics. Even Mr Satit's domestic helper, armed with only an elementary school education, knows to scrupulously record household spending in a ledger to help provide an accurate snapshot of the family's daily expenses.
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