Thanks   

edit: oh ya ... are the interest rates for housing "flat" like this too ?

hi guys...suggestion pls...

monthly income  rm5k
FD rm50k
car loan monthly installment rm700
housing loan monthly installment rm2300
expenses for parents monthly rm1000
non bumiputera

stress....hw to manage my financial?

should i sell my house?

actually still underconstruction. the house will b ready end of nez year. if i sell, then vy difficult to buy a house nowadays

Like your thinking - everyone BBB because everyone else is buying

We might end up with alot of properties which are empty soon because everyone is buying.

Is the investment return that initiate ppl BBB. Perhaps is not "need", it is "wants".

Property is one of the main ways to build wealth.

Those who bought pre-2009 would have laughed all the way to the bank.

Bro, seriously u feel that I'm boosting?
We are now 27+ d, with total income of 5k we won't be able to save 150k? But our expenses are considered extremely low.
How much saving u expect from two person with total 5k of salary?

what are the best investment plan for non-bumiputera?

Hi guys, need advice due to screwed up financial decisions; Was pushed by family to get an entry level Japanese car @ 100% loan, 9 years 2.48% (GG Liao). I am 22 years old (foreveralone.jpg) and I feel I'm terribly ridden into debt.

3000 - Salary
0425 - KWSP + Socso
0150 - Company Stock

2425 - Nett Salary

501 - Public Mutual  - Fixed
300 - Education Loan - Fixed
752 - Car Loan - Fixed
401 - Personal (Toll, Phone, Bills, Groceries, Food, Social, Car Maintenance/Care etc. etc.) - Variable. Last month budget burst to 500 due to too many social events by boss.
200 - Petrol - Variable
150 - Room rent - Fixed
120 - Balance Savings
Suggestions required to improve this situation. Thank you all     

Not enough liquid asset for rainy day.. that investment i consider as commitment/debt as I was forced into it and I have no access for its capital/dividends for 20 years.

Parents le, who else want to force..

Job is somewhat equivalent to government job, very secure, but very minimal increment. Promotion also rarely will happen.

I know about that rule of thumb for a reserve of 9 months of debts+expenses, but what to do le, parents overpower me le..

not bad has parent influnce to have saving habits. Not many have it.

There is bad and good lah.

Bad thing, you didnt over come to manage yourself what suitbale for yourself.

Good thing, no need to tink juz follow onli. SHow your respect and obey to parent wish.

My advise, not every money/side income you get must report/follow to your parent.
Must learn some dirty accounting and hide somewher for own purpose.

6 mths eh? That means ikat perut on personal expenses and save bonuses le, ok will do.
Parents conform will disown me wan.. kekekeke, thanks for the feedback guys. appreciate it.

1st time i heard of parents forced their kid to buy a car that the kid can hardly afford. 

1)Japanese car 100% loan of 68k 9 years, Saga SV means 34k = 350 monthly in comparison with 750 monthly.
1)Maintenance and petrol somewhat will be equivalent as malaysian car maintenance low, petrol high, jap car maintenance high, petrol low.

2) God knows why they want me to get Jap car, I want saga SV cause extremely cheap and I can have real proper savings.

A-Z cost is beared by me, no one helping me to pay.

ah, tell your parents about the Sales charges you are paying to PM...do the maths + the interest for 20 years...will will be a shock!

Must settle loan first ma, I dare not do the sambung bayar stuff all, confirm will have issues.