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 How much is your net worth?, gauging your financial performance.

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bookstore
post Mar 4 2011, 12:00 PM

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Then I guess mine should be very simple and clear.
Work for 7 months.

Savings :
FD = RM 3500
Bond = none
Foreign Investment = USD 400

Liability :
None except paying dinner for GF. 4 day / week. RM 6 / dinner
Paying parent RM 750 / month
PTPTN : Outstanding amount RM 40k -> Pay RM 230 per month

No car, No house, No Mutual Fund.

How? Where should I start?

This post has been edited by bookstore: Mar 4 2011, 12:02 PM
bookstore
post Mar 4 2011, 01:43 PM

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Junior Member
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Joined: Jan 2011
QUOTE(avengers88 @ Mar 4 2011, 12:42 PM)
FD RM3500 . How much do u get  from there ?
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Nvr know. I deposited it for 1 year term. And request them to credit the interest back into FD 1 year later.

That's all I have currently. Only 3% p.a. I guess.

This post has been edited by bookstore: Mar 4 2011, 01:46 PM
bookstore
post May 12 2011, 12:11 AM

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Junior Member
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Joined: Jan 2011
QUOTE(Fall guy @ May 11 2011, 11:28 PM)
I am still interested to know how someone who earns RM3k can save until RM122k in FD. The process is equality as important as the outcome.
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Having around this kind of pay, but only manage to save 10% of his FD. I should consider myself a failure. Worked for 8 months
bookstore
post Sep 14 2013, 12:25 AM

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Junior Member
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Age 25 single, sales role with net home pay 12k - 15k per month (before tax).

Asset:
2nd hand car buatan malaysia fully paid = 20k
FD = 60k
Cash < 4k

Liability:
Condo 360k with outstanding 300k
PTPTN 40k

What am I missing in managing my money? Put more FD? Buy 1 house for investment?


 

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