Anyways, just to share my personal financial (not to show off or anything)

Personality:
I'm 27(married), and by nature, i'm prudent with with what i spend. Cook @ home ~ 5x dinner meals/week.
I'm normal employed (4yrs), average market salary, not some mumbo jumbo figure.
Seldom buy any stuffs for myself, only when it is necessary
One thing, i go oversea holidays 2-3times / yr ( "budget", promo tickets book during Airasia promotion)

So far, here are my assets & liabilities
a) Rm20k in forex AUD (roughly 12-14% return)
b) Rm7k in Unit trust ( didn't monitor closely, seems that all of the funds i've invested are loosing money)
c) Rm 15k in ASW2020
d) Rm 45-50k downpayment cash for a double storey @ 365K. current transaction (subsale) worth of 560k. (soon to service rm1.5k /month loan )
e) RM10k cash on hand
f) driving old 15yr old kancil (low maintenance )

Reflecting back, I'm proud with what I've achieved, with only SO much that i've had.

This post has been edited by kucingfight: Nov 18 2010, 05:03 PM

yes i do agree with u to a certain extent, but in reality, it's not that easy sometimes, eg transportation issue,time, etc.
Imo, get a cheap,easy to maintain car for eg, kancil. I myself driving a 15yr old kancil that is light to my pocket, require little maintenance (relatively speaking) and a less of a car hijacking attention. off course, make sure it is good in condition, and it is around 5-7k depending on age/condition. A car doesn't break down that easily, assuming u do proper maintenance (timing belt, engine oil etc).
Although i could afford buying a better and new car, but i chose not to. this is a gratification that can be delayed in later years, and I believe money should be invested/put to better good use @young age. Buying a car is easy, and be a slave to it for the next 9-11yrs which depreciates over time. Sometimes, really, looking @ those young adults driving good cars (vios, etc) & lavish lifestyle , i could just imagine how bad is their savings rate. (assuming it's self bought and normal employed).

my advice as above, cut story short.

This post has been edited by kucingfight: Dec 15 2010, 11:01 PM

yeah like i'm saying, depends on other external factors. probably in Penang, it's relatively safer to ride bikes, as it's predominantly filled with bikes. also, drivers there are more accustomed to bikes etc. but no so in Klang valley..so what do you end up with? my take, a cheapo kancil definitely gives a higher survivor rate than a bike.

looks good on the savings. if u ultimately need a car, get a cheap 2nd hand, kancil etc. that is if u don mind driving it. use the balance for investment

This post has been edited by kucingfight: Apr 3 2011, 04:36 PM

they can..but with little or no savings at all