Oh well, sometime i'm quite surprise too. With our high cost of living, people still can live with such small salary. But maybe it's the lifestyle we need to change accordingly to the income we take...

Exactly! Thats the point im trying to make.

If someone can live with a small salary, doesn't that mean the cost of living isn't high?

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Added on February 11, 2011, 1:46 pm

Of course.



You'd only be free on weekends, and even then for not very long, so dunno.. BS on /k/ a lot?



This post has been edited by wodenus: Feb 11 2011, 01:46 PM

But somehow at some point, I think the living cost of our country is doing us a favour. As we are force to bring out our ability to get better and improve. Imagine if everyone of us here is taking high salary, we'll turn lazy and become less innovative and creative. Hmmm

well point is they are surviving and that's the thing

Maybe by the time you get to a salary to be able to start, you are too olde.....

Still waiting to see your typical budget with family of two children based on 3k....
How to cut down on wasteful spending

So don't start?

i gotta it!

a) we share our room with of 12 x 12ft with another family (150)

b) Eat roti kosong (100)

c) take bus to work (60)

d) do nothing for the rest of rest days (0)

e) use clothing for at least 5 years ( 10)

f) No handphone, No entertainment, no GF, no nuthin

Total expenditure : 170

Oh YEAHHHHH!!!!!! we save 2500 - 170 = 2330!!!!!

start a family with RM3k? wow, i would never even envisage it is feasible to be honest.

even as a fresh graduate, earning more than that, i'm still dubious that i can support myself, let alone a family.

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Added on February 11, 2011, 5:20 pmLOL, that's what my parents always say to me.

if you cannot afford to start a family, DON'T!

it's not a sin to make yourself suffer, but it is treacherous to torture your prospective wife and children.

This post has been edited by nokia2003: Feb 11 2011, 05:20 PM

You for real?

It's a sad mind that can't think of anything to do that doesn't involve money and who says you got to eat out?

Hey, i said eat roti kosong, didnt say eat out.......

Doesnt involve $$$$$ uhmmmm stare at ceiling is free, i suppose.....

Wow, you really can't think of anything to do that doesn't involve money? and bread is Rm1 a loaf, you consume 100 loaves of bread a month?

According to you and washisname, cheep mah.....wanna save >40% even.....eat roti kosong!

BTW how much before you can get married and have children?

3kpm, 4k, 5k ?????

Don't have to do that.. still can save 40% (but not more )



For me Rm10 million, your figure might be different

This post has been edited by wodenus: Feb 11 2011, 05:48 PM

hi all..

my net worth
2009 - 43x monthly expenses
2010 - drop to 35x monthly expenses

live at small town, with my wife & 2 kids. (3 in this June)

my portfolio
- 25% in saving (5-7% return p/a)
- 75% in business 20-30% p/a but last 2 year drop to negative 10-15%.

my target this year, 40-45x monthly expenses.

good luck and all the best to all to achieve 2011 target.

i live at small town but cost for simple white rice + 1 piece chicken + sirap = rm6.
i eat at home only. small town or big cities, u must find a alternative.

hi all,

can you comment on my situation? please provide some opinion as i wish to learn from some of you.

Properties

1. Link House-0 out of KL. RM250k (Outstanding Loan RM50k)
2. Condo-KL RM250k (Outstanding Loan RM200k)

Cars
1. Japanese car old RM 45k (outstanding loan RM24k)
2. Japanese car RM150k (outstanding loan RM90k) for my gf use

FD + Loose cash RM210k

My concern is my salary is used empty every month to service the loan for the above 4 items and my lifestyle..
I left only saving of few hundred RM every month...

I know u will suggest that pay off some loan but I will get penalty for the Link House (RM6k)

Pay off your darn japanese car to lower the installment or better still pay it all off, so that you can have extra savings to save and invest.

Wouldn't he gain the advantage of reducing interest payments if he put that into his property instead of his car?

yes, he will.