Q1) You still have 50% from your nett income to be saved which is good.
Q2) To be honest, a lot of people like to delay this but it's better to settle this as soon as possible. PTPTN interests and admin costs are high. With this settled, you will have less to worry about and more disposable income to save.
Q3) RM20k get married? Depends if you're doing Chinese dinner, kenduri, buffet etc. I'd rather raise cash to settle PTPTN loan first. But it all depends on how much you plan to spend. A simple wedding can be cheap. Don't ever ever take loan to get married.
Q4) Yes, ASB is the safest, high interest and recurring income vehicle for Bumi. You should always start with this.
Q5) Reduce debt to save more on interest to invest further.

If you start taking a car loan, you will then have 2 loans to settle. Bank and PTPTN. By then your expenses will increase by at least RM500 to 1k for the car which will limit your payment to PTPTN. Which means you will be stuck until you get a pay rise. Your goal should be to be independent of debt and should start early to prevent yourself from getting trapped. Since you took loan to study, you should think about settling that loan first instead of ignoring it which will haunt you later. You can read up on all the other horror stories of ignoring PTPTN loans and the difficulties of settiling it once the lawyer letters comes to your post box.

Your FD savings should be transfered to an ASB account.

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Added on January 15, 2011, 5:10 amRegarding your studies, only you and your parents can decide what you want to pursue as your career. Use your time in Watsons to think about what you want to do in life, not just how to earn money. Earning money is just to live the life you want to. You're not living to earn money but earning enough to live. If your parents think being a doctor is a good option, then think about it as a doctor what you can do with your life, not how much you can earn with it. Anyone can earn money, but what value can they bring into society by just earning money?

Save up your RM700 every month and keep in your ASB if you're a Bumi. Learn and read financial management books when you have free time in Watsons. Financial managements unfortunately is not taught in schools, so you will have to catch up on this. Once you're equiped with some knowledge on financial management, then you can start thinking about maximising returns on your accumulated savings.

This post has been edited by Skidd Chung: Jan 15 2011, 05:12 AM

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.

This post has been edited by Skidd Chung: Jan 24 2011, 01:42 AM

You're asking for advice? This is not a show and tell thread la.

But with nearly 3k savings, why not use some of it to service another property which can yield rental.

You answered a forummer who made the post in 2010,

Using the same card as well. Pay for my groceries, petrol and utility bill using it and earning 5x treatpoints which can be converted to vouchers for extra savings.