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 Personal financial management, V2

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LonelyMoney
post Nov 8 2011, 05:37 PM

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guys need some advice whether i am consider ok or not financial wise

Monthly income RM8-9k
Family RM800 give to FnM
Saving in FD 100k
Saving in normal account ~50k
Saving in Life assurance ~30k to be 60K in 5 more years
single no GF
no loan at the moment.


Age: 29

This post has been edited by LonelyMoney: Nov 8 2011, 05:37 PM
LonelyMoney
post Nov 4 2012, 02:19 PM

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i have been in an uncertain state for quite some time now.

I am 30. Currently working as an executive in a pretty well known MNC.

I have savings in FD, personal account total to ~RM200k. a 10 year income saving plan at ~RM30k, still have 5 more years to go which will total up to ~RM 60k.

My monthly income ~12k.

I still dont own any property, still single. The issue is i am not clear what to do now ... properties are sky high and i do not know where to get 1 ... furthermore, i am not certain whether my current savings that i have is enough at my current age ? should i save more to have better life later? been surfing around the web but there is no certain answer. I do not want to get another financial consultant which in the end i need to buy certain of their products or services ...

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