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 Personal financial management, V2

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epalbee3
post Oct 30 2010, 01:31 PM

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QUOTE(PPZ @ Oct 21 2010, 04:41 PM)
hi guys,

I am working in one MNC for over 1 year already. I have just got my increment this month. My new salary is RM 3.2k without deducting the EPF, tax and SOCSO (previously is RM 2.7k) so after deduct all those stuff should be rm 2.9k like that.

Here is my breakdown of my expenses for each month.

Food - RM 600 (eat with gf and friends)
Offering to church - RM 320
Utility bills - RM 400 (maybe more a little bit sometimes)
Petrol - RM 300
Toll - RM 50 (estimation only)
Entertainment - RM 200
Total is RM 1870.

I can save around RM 1000 per month. Is it consider good enough or should i cut other expenses now?

Please share your thoughts. smile.gif
*
I guess on top of this, u should start to think of giving money back to your parents. (people just go into working forces will ignore this, but it is a responsibility that u should bear..)

Since u mentioned about petrol, assume u have a car, u should put maintenance or instalment in the list.. seems like some miss-out items there lar..


Added on October 30, 2010, 1:32 pmone more thing: no rental?



This post has been edited by epalbee3: Oct 30 2010, 01:32 PM

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