Hello you guys. My head is really mess up now thinking bout our future (me and my sweetheart).
I just wrote a post few pages behind and now I will post another info about my financial planning and I do need the expert's advices here.

Your other expenses are not unreasonable.

Which leaves this one item - do you really, really need to spend 25k?

It's a matter of balancing what you can afford, or cannot afford, and adjusting accordingly.

[/spoiler]

1. I seriously think you should not rush a wedding for convenience. I know you are feeling very 'serba salah' for letting your GF drive long hours and you're thinking by getting married ASAP, you figured she can be transfered to ease her travelling woes. I don't know if its proper for your culture, but if you're really sure about marriage and your finances are tight, just go and do the legal marriage first which will allow your new wife to apply for the transfer since you're legally her husband already. When your finances are more stable, then do the traditional wedding celebration. This will allow you to plan your finances better and also allow your 'wife' to apply for transfer. A wedding can be a simple or extravagant, unless you can find sponsors, try not to stretch yourself for the one day affair. A marriage is not for that 1 day only and the money saved can be used for married life expenses instead.

2. This really depends on where you want to stay and the kind of home you want to live in. I think the property experts in this thread can help you if you're more specific.

Please advise me.

I got bad news that the company that I am working is not providing any increment and bonus. My colleague and I felt devastated.

More awful is that I am bonded with the company for another year which means I could not switch jobs or I need to pay a compensation for leaving.

There are no OT and as a result, I have fixed income every month.

I am no entrepreneur and selling stuff would only generate negative income to me.

I have a professional job but salary wise, it is still below RM3,000.00 despite being in KL/Selangor area. Professional job is shift basis. 4days on 4 days off.

It is okay if I apply work part time at a cafe or restaurant? I have past experience.

Will I be looked down upon?

Hello you guys. My head is really mess up now thinking bout our future (me and my sweetheart).
I just wrote a post few pages behind and now I will post another info about my financial planning and I do need the expert's advices here.

This will be an update. Here we go

My salary: 4375 (after EPF deduction and etc)
My expenses>>>

1. Car loan: 823
2. Rental: 530 (I just found 2 housemates last 2 weeks and only need to pay for my rental RM230 but to cut the story short, 1 of my housemate moved out today so the rent will be covered by me for the time being until I can find another renter. Hope so )
3. Family: 300
4. Phone: 70
5. Streamyx: 55 (sharing)
6. Astro: 60 (sharing)
7. Utility: 25 (estimated only)
8. Petrol: 200
9. Food: 200 (trying to cook at home. Already buy the kitchen and all the stuff for cooking)
10. Others (flight ticket, futsal, movies): 200 (again estimated only as I don't buy flight ticket every month)
11. Insurans: 150

Total expenses: 2613
Saving: 4375-2613=1762

Already have RM 9k in my saving account. Planning to open ASB and put 4k from my saving account into ASB so I only have RM5k for emergency purposes. And will put my monthly saving=1762 into ASB.

So my problems are:

1. Planning to get married by the end of this year. Total budget would be around 25k. But now only have 9k cash in hand and need about 16k more. If calculate roughly, if I can save 1.7k monthly, in about 10 months it would be 17k so add up to the 9k I have it would be sufficient. But I would have no money at all after the wedding. The reason I want to get married faster is because me and my gf working at Sabah but her working place so far and the road condition to her place is not so good (road lubang2, many hills, many big lorries and "jalan kampung"). If we get married the chances of her transfers to area KK is high. You have no idea how I feel everyday I let my gf drive 2 hours (both ways) on those road conditions..
So my question is it ok to go with this plan?

Since you mentioned akad nikah, I safely assume that you are a Malay. I don't know how much is your wedding cost. You need to prepare a more specific budget for your wedding cost. Do include hantaran kahwin, kenduri sambut menantu etc. I understand that different state has different culture. Consult your friends and relatives who just got married last year. If you think you & your gf are ready and you've decided to get married, plan carefully and go ahead.

2. If we want to buy house at Peninsular, how many we gonna need roughly?60k?
Thank you. This thread have give me many valuable advices and infos. Any comment from forumers are very much appreciated.


60k can buy a property worth around 500k. And yes, you can get a house within that budget in Shah Alam. It just depends on what kind of property you want to buy. What if after you buy a house in Shah Alam and you fail to transfer back to here? Then you are paying loan and rental at the same time.

If I have 150k in my FD now, what should i do?

Current liability
Property 1 (shoplot) Loan (18yrs)
Property 2 (House - to stay in) (20yrs)
Car Loan (15 month to go)

Should i pay off or at least use all of this money to reduce my liability or invest in stock or Unit Trust.
However i am worried of stocks and have no experience in UT.
Index is so high right now i don't think i have the heart in KLSE

Any suggestions?

firstly, dont venture into stocks or UT if u know nothing abt it. u need to learn abt it first.

as for ur shoplot, got rental income or not? if got income to cover the monthly payment, then good. keep it like that.

as for ur fd, u can try to invest it in PNB related fund such as ASB, ASW2020, AS1M etc... its better coz the PNB will manage ur fund, least headache for u...

or u can try meet some UT agent, they can help explain to u what UT is all abt... last time i learn abt UT is from a Public Mutual agent. after that, i learned abt stock market and now my funds are all in stock market....
but if I hav the 150k, i'll be putting 30% into stocks and the balance will be invested in property... earn passive income..

Need some financial advise.

Combined household income p.a = appx RM140,000 net of EPF, tax & misc mthly expenses, excluding repayment of loan below
Current cash & cash equivalent = appx RM150,000 (appx RM50k in ASB & govn bonds, bal in FD)
RM350k new loan (landed property for own stay) = appx repayment of RM1.5k per mth
RM150k new loan (low cost apmt for investment) = appx repayment of RM600 per mth, but rental income enough to breakeven

we know it’s silly to be placing all in FD, but am setting it aside so that we have the cash to invest when there are good opportunities. We used to own some blue chip counter stock, but liquidated for some reason. Now we are looking at rebalancing our assets portfolio. Planning to gear up to purchase another one or two property for investment as well as looking some into stocks.

But before we go on rampage and become highly geared and debt laden, we are looking for some financial advise on general rule of thumb on liquidity and gearing.

Both of us are in our mid/late twenties. 

Appreciate advise on this

hmmmm you dont even max out your ASB and you left some for FD??
you mad??????

not all of us have the opportunity to subscribe the max amount if you know what i mean.

no I dont

but If you want me to guess, I bet the ASB account is not yours, you ask your friends or relative who are eligible for ASB to invest on behalf of you. am I right?

I just wanna know , can I really do something on my money ? I got q quite heavy burden with me now and got no where to go !

Basic Salary = RM 1,800 , after deduct 8% then will RM 1,656 + RM 700 ( Fixed monthly allowance ) = RM 2,356

Car loan : RM 352 ( I drive VIVA only )
Life Insurance + Medical Card : RM 100
My bro laptop installment : RM 91.58
My own laptop : RM 242
Digi broadband : RM 88
My hp installment : RM 135.75
My dad loan ( only end at December 2011 ) : RM 1,077.94
Handphone bill : RM 100
Food : Don't talk about even .. cannot even think.

Food : Don't take breakfast,lunch sometimes eat bread,if can go out and see customer,can CLAIM , at night eat roti canai

Totol : RM 2,087.27 ~

After salary and deduce commitment I left RM 168.73 ~

How guys ?