Outline ·
[ Standard ] ·
Linear+
Personal financial management, V2
|
alwjmonster
|
 Aug 16 2011, 01:09 PM
|
Getting Started
|
I'm 20 Employed since 2011 Jan 1
Salary:RM3,800 (arghh earning peanut)
Food+entertainment:RM600
Transportation:RM0 (company car + claim petrol)
Room Rental:RM150
Study Loan:RM450 (left 6months don feel like clear it coz its 0% interest)
Telephone bill:RM15
Total : RM1215
so my saving : RM2585
Thinking of getting a car treat it as toy.. and has a downpayment of RM20,000
WHAT kind of budget range car i can get? assuming i only pay maximun 3years installment coz personal loan interest rate is darn high due looking for car over 15years old... and after 6months i have no more study loan.. saving could be RM3,000+, and was learning forex + stock market.. would like to pump my money into investment in near future.
This post has been edited by alwjmonster: Aug 16 2011, 01:40 PM
|
|
|
|
|
|
alwjmonster
|
Aug 16 2011, 01:25 PM
|
Getting Started
|
I got the cash downpayment in hand.. haha and company providing car are only for using in work. not for personal use, pls suggest what kind of budget range car i can get, so i can being hassle free from financial issue.. and i live 5mins away walking from my workplace
This post has been edited by alwjmonster: Aug 16 2011, 01:30 PM
|
|
|
|
|
|
alwjmonster
|
Aug 16 2011, 01:45 PM
|
Getting Started
|
haha i have quite a few option car in my mind already, im a car freak, soo power is everything.. im looking for a manufactured 92years honda civic eg6.. probably range vary RM38,000 to RM45,000.. so personal loan aamount is starting from RM18,000 to 25,000..
so this aint so tight for me right?? sigh pretty neccessary coz i know the concept that "no car no girlfriend"...
|
|
|
|
|
|
alwjmonster
|
Aug 16 2011, 01:58 PM
|
Getting Started
|
that for im looking for Vtec nor turbo car haha but note that i could probably drive once or mayb twice in a week.. so i think maintenance issue does not consume much.. im not using it as a daily drive, i treat it like a toy, like a sex partner who giving me orgasm during weekend, nah that's just an exaggeration.. haha, coz im pretty lifeless bored over here without a ride to meet some friends.
|
|
|
|
|
|
alwjmonster
|
Aug 19 2011, 03:40 PM
|
Getting Started
|
with that 3k loan it seems nothing.. i think everyone could afford to pay off..
|
|
|
|
|
|
alwjmonster
|
Aug 29 2011, 02:08 AM
|
Getting Started
|
QUOTE(avengers88 @ Aug 28 2011, 10:49 PM) If i earn bout 3k a month, what is the car value that I am able to afford in your opinion? An amount that I dun have to ikat perut and stuff, still can afford other stuff and a lil entertainment a month, not much though. How do you all arrange your money for savings and stuff ? hi avengers, the rule of thumb owning a car is that your car price shall not exceed ur annual income.. so to afford em comfortability.. well u know how many malaysia obey this rule.. lol |
|
|
|
|
|
alwjmonster
|
Sep 8 2011, 12:11 PM
|
Getting Started
|
is playing forex consider an investment?
|
|
|
|
|
|
alwjmonster
|
Sep 8 2011, 01:09 PM
|
Getting Started
|
haha yeah we called it the big three consist of technical, fundamental and sentimental.. I'm playing demo now with zero risk LOL gona learn till i feel comfortable and profitable with market strategy, then only play real money..
|
|
|
|
|
|
alwjmonster
|
Mar 9 2012, 03:51 AM
|
Getting Started
|
QUOTE(pipking @ Mar 8 2012, 10:47 PM) Need advice ! Income in RM: Monthly Salary = 6,700 after all deductions Rental Income = 500 Part time = 550 Expenses in RM: Food = 600 Transport = 300 Entertainment = 100 Phone Bills = 100 Electric & Water = 100 Insurance = 200 Streamyx = 110 Give Parents = 500 MORTGAGE = Paid Off CAR = Paid Off Credit Card = Paid Off AssetSaving = 10,000 House = 200,000 Car = 5,000 Stock = 10,000 KWSP = 150,000 LiabilityZero Extremely Frugal Guy here, when can I retire ? ok, so how old were you? This post has been edited by alwjmonster: Mar 9 2012, 03:52 AM |
|
|
|
|
Quote
0.0535sec
0.36
7 queries
GZIP Disabled