QUOTE(fuzzy @ Sep 2 2024, 02:30 PM)
There's a lot of things that I feel people are penny-wise, pound foolish. A car is one of them. Is it a liability, financial wise? Yes.
But given the average person would spend 1-2hrs a day travelling on car, which is around one month of the year in total just sitting in a car, in a jam, driving mindlessly to work, to travel, etc.. So, why wouldn't you want to be comfortable and happy with that otherwise miserable experience?
What I do agree on, is there is a diminishing return on money spent on cars. Safety wise, some of our local cars are almost on par with the conti's, we can also look to ANCAP rating as a guide on what they have and don't. The rest are more towards comfort level, noise level etc but I genuinely doubt a BMW is 3x better than say X70, even though thats the price diffentiation.
Secondly, 60% of road fatalities are motorcyclist, so I'd always say even a Kancil is better than a 2 wheeler to increase your survival chances in accident. Another two big contributors to accidents are drunk driving and that only 48 per cent of Malaysians were recorded to have worn their seatbelts. All these are totally preventable and it doesn't matter what car one drives.
Another thing is mattress / pillows. We spend 6-8hours daily sleeping, but don't want to spend money on a good mattress, rather change the cheapo one every year or two when it kemek and your backpain. A good mattress last you 15-20 years, and prevent you from body aches or bad sleep. Penny wise, pound foolish.
Last one is having comfort in spending on enriching experiences. Keep all the money to retire and do what if your body and mind can't enable you to experience things you should have done when you are younger like trying out new food, new places, meet new people, play new sport, etc etc
well said.But given the average person would spend 1-2hrs a day travelling on car, which is around one month of the year in total just sitting in a car, in a jam, driving mindlessly to work, to travel, etc.. So, why wouldn't you want to be comfortable and happy with that otherwise miserable experience?
What I do agree on, is there is a diminishing return on money spent on cars. Safety wise, some of our local cars are almost on par with the conti's, we can also look to ANCAP rating as a guide on what they have and don't. The rest are more towards comfort level, noise level etc but I genuinely doubt a BMW is 3x better than say X70, even though thats the price diffentiation.
Secondly, 60% of road fatalities are motorcyclist, so I'd always say even a Kancil is better than a 2 wheeler to increase your survival chances in accident. Another two big contributors to accidents are drunk driving and that only 48 per cent of Malaysians were recorded to have worn their seatbelts. All these are totally preventable and it doesn't matter what car one drives.
Another thing is mattress / pillows. We spend 6-8hours daily sleeping, but don't want to spend money on a good mattress, rather change the cheapo one every year or two when it kemek and your backpain. A good mattress last you 15-20 years, and prevent you from body aches or bad sleep. Penny wise, pound foolish.
Last one is having comfort in spending on enriching experiences. Keep all the money to retire and do what if your body and mind can't enable you to experience things you should have done when you are younger like trying out new food, new places, meet new people, play new sport, etc etc
i "invest" in good furnitures and fittings and matress. it requires less maintenance and last longer.
i used to drive x70 too and absolutely loved it.
but to each their own. once you have ascertain stage of wealth, live a little. indulge in your favourite spend. key takeaway is money is meant to be spent to be realised. if not, it's just a paper tool. if one were to pass away unexpectedly, the wealth accumulated is also pretty meaningless to the saver but only to the next of kin or receipient of the deceased wealth.
Sep 2 2024, 04:08 PM

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