This is why having a separate emergency savings fund is a must.

I found myself unemployed back in 2020. But I had emergency savings to cover 18 months of expenses.

Lucky I was able to find a job after 8 months (had to accept a big paycut). There was also the loan moratorium. Also I did some part time jobs that cover some expenses as well.

It was fine and I didnt have to withdraw Epf at all. I also didnt touch my DIY investment portfolio and was able to profit from the big bull market that follows.


This post has been edited by Cubalagi: Dec 28 2024, 08:22 AM

Its just based on survey of what "affluent people" in that country thinks. I wont take it too seriously.

Looks like affluent ppl in Malaysia have higher standard than Singapore and HK if u adjust based on purchasing power.

This post has been edited by Cubalagi: Jul 11 2025, 01:16 PM

If u look at the epf statistics, most of the epf members are young..30s and below. Still at early stages of accumulation.

As for RM4k at 25. Most Malaysians dont have that salary when they are at 25. Even nowadays RM2.5-3k is the norm for graduates. And many graduates have a hard time finding jobs. There are also many non graduates.

Incredible income there..own business or commissions?

Looking at ur assets, your financial cushion is low relative to your income. You should prioritize that.

This post has been edited by Cubalagi: Oct 11 2025, 12:47 PM

He was kind enough to share, so I provided my feedback.