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Personal financial management, V2

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HughieRmX	Mar 21 2012, 02:12 PM Return to original view \| Post #1
::.. ♬\|♪ HaRdC0Re TrAnCE AddiCT ♬\|♪..:: Senior Member 3,394 posts Joined: Jan 2003 From: Kuala Lumpur	QUOTE(Orange Lunch Box @ Mar 21 2012, 02:06 PM) Thanks! I'll aim for 30% savings on net income! All the best ! I am also aiming the same objectives as yours .. but in the midst of eliminating the outstanding debts that I have with the banks ..
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HughieRmX	Mar 21 2012, 04:24 PM Return to original view \| Post #2
::.. ♬\|♪ HaRdC0Re TrAnCE AddiCT ♬\|♪..:: Senior Member 3,394 posts Joined: Jan 2003 From: Kuala Lumpur	» Click to show Spoiler - click again to hide... « QUOTE(NoiZy @ Mar 21 2012, 04:21 PM) Hi, After following this thread for a week or so, i think I should no longer only think, I should post something here and do it. » Click to show Spoiler - click again to hide... « Salary $2400+ nett Fixed: Rental $200 Student Loan 1: $200 (when finish paying this loan, will increase loan 2 by $200) Student Loan 2: $200 TV epp: $250 (Left another 9 payments) Maintenance: $75 (average it out for /month) Utilities: $100 (all in, elec, water, phone, gas, internet, magazine) TOTAL: $1,050 Variable: Petrol: $200 Food + Entertainment: $850 (eat out, self cook, gf) Home: $200 (sometimes parents accept, if they don't, will bring them out for good food or a trip with equivalent value, worst case, just goes into my saving) TOTAL: $1,250 TOTAL OUTPUT: $2,300 BALANCE/SAVINGS: $100 ++ (I sometimes will have OT, so it will automatically go into here.) My plan is when my pay comes in, will throw RM300 into my savings account. RM200 into another saving account which I can withdraw during emergency, any balance during end of the month, goes into savings. Planning to change my 20 yr old car to a 5yr +- vios by end of this year. Upon changing car, I should be able to have RM300++ extra to finance into it ($250 from TV and saving of $50 from petrol). My forecast on spendings by end 2012 early 2013 » Click to show Spoiler - click again to hide... « Salary $2500+ nett Fixed: Rental $200 Student Loan 1: $200 (when finish paying this loan, will increase loan 2 by $200) Student Loan 2: $200 ~~TV epp: $250 (Left another 9 payments)~~ Car Loan: $700?? (no idea on this yet, will have to depend on my salary at that time) Car Maintenance: $75 (unsure yet) Utilities: $100 (all in, elec, water, phone, gas, internet, magazine) TOTAL: $1,500 Variable: Petrol: ~~$200~~ $150 Food + Entertainment: ~~$850~~ $650(eat out, self cook, gf) Home: $200 (sometimes parents accept, if they don't, will bring them out for good food or a trip with equivalent value, worst case, just goes into my saving) TOTAL: $1,000 TOTAL OUTPUT: $2,500 BALANCE/SAVINGS: DIE!! Wondering should I just leave my monthly savings in account or dump it in those monthly FD thing to generate a little bit more interest I was wondering what type / sort of car you are planning to purchase that hits up to RM700 per month for the hire purchase loan repayment ? No possibility of your current job for salary adjustment ?
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HughieRmX	Apr 2 2012, 10:48 AM Return to original view \| Post #3
::.. ♬\|♪ HaRdC0Re TrAnCE AddiCT ♬\|♪..:: Senior Member 3,394 posts Joined: Jan 2003 From: Kuala Lumpur	QUOTE(skiddtrader @ Apr 2 2012, 09:07 AM) Just wanna congratulate wongmunkeong on his ELITE status. Keep up the good work. Agreed ! Thumbs Up for that ! ..
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HughieRmX	May 2 2012, 12:44 PM Return to original view \| Post #4
::.. ♬\|♪ HaRdC0Re TrAnCE AddiCT ♬\|♪..:: Senior Member 3,394 posts Joined: Jan 2003 From: Kuala Lumpur	QUOTE(wongmunkeong @ Apr 24 2012, 12:01 PM) Koniciwa fellow forumers. Since most of the postings here are in the vein of: 1. How am i doing (savings vs expenses based on net income)? 2. Will i have enough in X years time for a $YYYK home/car/imported spouse /etc.? 3. How much death insurance should i have? 4. How much will my EPF be? 5. How much will my mortgage be if the loan is $xxxK, interest is y%pa and term zz years? 6. What is my Asset Allocation and Net Worth based on.....? "To help those who help themselves", attached is the "cleaned up" (another version) of my older ZIP postings with a bunch of Excel files. Instructions: a. Please install Excel's Analysis Toolpak (google it or search about it here or Fund Management topic please if you're unsure how to install) b. For Excel beginners: Play with the variables in YELLOW cells - i worry about U fiddling with formulas, thus, yellow cells are non-formulas c. For Excel intermediate/advance: Go ahead and play with all cells Hope these help and as usual - USE AT YOUR OWN RISK. These are just simulations and calculations not gospel truths and, in addition, i'm only human, prone to make mistakes Bro, got no idea why I can't download the spreadsheet that you are sharing over here. No idea why it can't be opened.
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HughieRmX	May 2 2012, 01:31 PM Return to original view \| Post #5
::.. ♬\|♪ HaRdC0Re TrAnCE AddiCT ♬\|♪..:: Senior Member 3,394 posts Joined: Jan 2003 From: Kuala Lumpur	QUOTE(wongmunkeong @ May 2 2012, 12:54 PM) a. er.. U can't download OR b. U downloaded to yr PC but U can't open / unzip the ZIP file to a folder OR c. U downloaded to yr PC U can open / unzip the ZIP file to a folder but U can't open the Excel file? Better PM me since other forumers seem to be able to download and open with no issue. Added on May 2, 2012, 12:55 pm You're welcome NoTea - glad to be of help. Any ideas for improvement and feedback on bugs (if any) is welcome Got it .. I will PM you in a short while ..
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