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How Much You Save Each Month From Net Salary?, Are you satisfy with the amount save?
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TSgoodyear
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Feb 11 2011, 04:23 PM, updated 15y ago
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Hi,
Was wondering how much everyone is savings each month. Do you save money from your net salary (after deducting EPF, income tax) each month? If yes, how much do you save?
Are you satisfy with the amount you save?
If not, how much you would like to save?
And are you still single or married? Are you still staying at your parents house or independent?
Thanks Ya..
This post has been edited by goodyear: Feb 11 2011, 07:41 PM
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gs20
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Feb 11 2011, 04:30 PM
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Don't have negative option?
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h4dRi
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Feb 11 2011, 04:48 PM
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Getting Started

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only 16% from net salary..
definitely not satisfy...
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hikaruact2
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Feb 11 2011, 04:53 PM
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Getting Started

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10% of my net salary. not satisfy, but want to finish pay my PTPTN loan asap.
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jady
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Feb 11 2011, 04:57 PM
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around 20% average... but last time salary lower can save more than 20%...
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azliayob
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Feb 11 2011, 05:10 PM
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Getting Started

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Save 20%.. Maintaince since two years ago.. Maybe this year lower to 15%..
Expenses increase while wages static.. cannot cope..
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anangryorc
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Feb 11 2011, 05:26 PM
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35%, because I'm living with my family and converted my PTPTN to scholarship.
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Amanda85
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Feb 11 2011, 05:39 PM
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who voted 100%?
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who_care
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Feb 11 2011, 06:03 PM
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Getting Started

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QUOTE(Amanda85 @ Feb 11 2011, 05:39 PM) maybe boss... i save around 15%... not satisfy , i want to save 40-50%
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tiffins
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Feb 11 2011, 06:11 PM
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New Member
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I save about 50% of my salary from my day job and almost 80% of salary from my part time job.
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angelsinlove
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Feb 11 2011, 06:20 PM
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Getting Started

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QUOTE(tiffins @ Feb 11 2011, 06:11 PM) I save about 50% of my salary from my day job and almost 80% of salary from my part time job. (Almost)Same. Used to save about 52% of my day job salary and apart from it, I worked part time to supplement my income which I hardly use(saved about 85% of my supplement income which is a third of my day job salary). I'm staying outside, having to bare the cost or renting and etc. Those savings are after deductions.
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den
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Feb 11 2011, 06:30 PM
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Not much load now, so can save about 70%. But sometimes will use a huge sum to buy gadgets etc.
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edyek
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Feb 11 2011, 09:34 PM
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0%-5%
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SUSdestiny6
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Feb 11 2011, 09:56 PM
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QUOTE(den @ Feb 11 2011, 06:30 PM) Not much load now, so can save about 70%. But sometimes will use a huge sum to buy gadgets etc.  agree....no points saving so much $$$ and end of a day spend all to buy a gadget like me nowadays i'll work out a saving plan already at least 10% monthly
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kaiserwulf
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Feb 11 2011, 10:00 PM
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How to save 100% of salary? Usually I can think off is jump aeroplaner's and working rich-man-wives.
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Jerry77
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Feb 11 2011, 10:01 PM
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Getting Started

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QUOTE(edyek @ Feb 11 2011, 09:34 PM)
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0mars
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Feb 11 2011, 10:47 PM
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Getting Started

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technically 50% but will be harder soon coz need to get a car and planning to max monthly payments to minimise loan tenure. once thats done, aiming for 70-80%
I dont earn that much, i just tend to live below my means compared to my peers.
edit--> forgot to say that im single and completely independent, rent food etc. all own expenses
This post has been edited by 0mars: Feb 11 2011, 10:48 PM
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static
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Feb 11 2011, 10:55 PM
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I've been giving my parents about 35% to 40% of my net salary ever since I started working 2 years ago (they are not working, and it includes the installment for our family car). So I have 60% left to use - and I live with my boyfriend for the past 2 years, in which I have to pay for my telephone bill, internet, food (i tend to be stingy, so eat cheap food lah, but occasionally we spend on fine dining for special occasions), entertainment, utilities, rent. In the end, 10% left. Definitely not satisfied... Increment + bonus doesn't help much as things are getting much more expensive as petrol increase = food/drinks increase. But luckily I don't have a car to drive around (but i pay for family car), I live in city centre (hence rent is higher) and I walk or take LRT everywhere I go. But I do have nice friends who are willing to drive me sometimes  Only debt is PTPTN and car.
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SilverfoX
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Feb 12 2011, 07:29 AM
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Getting Started

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Started working in 2009. Managed to save 45% of my total salary in the 1st year, then only 30% last year because of wedding (caused severe financial blood loss, luckily its all over now haha).
Aiming to save 40-50% of my salary this year.
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theodore_kh
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Feb 12 2011, 09:17 AM
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Well, I can save bout 50-60% a month. Have been dragging my loan for half a year already though.
Most expenses is on travelling and accommodation.
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