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 Personal financial management, V2

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keith_hjinhoh
post Mar 31 2011, 12:16 PM

Need My Service?
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Senior Member
2,656 posts

Joined: Nov 2004
QUOTE(spiderman@lyn @ Mar 31 2011, 11:58 AM)
Income: $6,775.00
Commitment: $6,566.07
Saving: $208.93

Breakdown
-------------
Car Loan - $1,439.00 
Electric - $46.50 
Food - $420.00 
Fuel - $210.00 
House Loan#1 - $1,000.00 
House Loan#2 - $400.00 
Insurance: Mother - $286.80 
Insurance: Self - $375.00 
Insurance: Son - $669.10 
Landline - $51.60 
Loan: Mother - $500.00 
Mobile - $50.00 
Parents - $600.00 
Parking - $84.00 
Son: School fee - $325.00 
Toll - $100.00 
Water - $9.07 

Immediate action:
1. Food: Home food for lunch which can give RM140 saving
2. Fuel, toll & Parking: Looking for Bike which can give RM300 saving roughly

Hope to get some answer here. What more I can do to bring now the commitment for better cash flow?

Thanking in advance for the feedback.
*
Basically your cash flow strap with three main exp namely loan and insurance. I wonder how can you afford / get three loan @ 50% of your gross income?

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