QUOTE(natsu_dragneel @ Feb 24 2013, 01:09 AM)
Not she lucky, but her bf silly How Much You Save Each Month From Net Salary?, Are you satisfy with the amount save?
How Much You Save Each Month From Net Salary?, Are you satisfy with the amount save?
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Feb 24 2013, 01:16 AM
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Senior Member
16,872 posts Joined: Jun 2011 |
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Feb 24 2013, 02:16 PM
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608 posts Joined: Apr 2012 |
Those who voted a 100%, you guys must be kidding me.. but i guess it's kinda dumb to vote for 100% unless you are able to prove it to all of us here...
Just briefly explain to us how could that possibly happen. Thank you! |
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Feb 24 2013, 02:31 PM
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5,144 posts Joined: Oct 2009 |
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Feb 24 2013, 03:49 PM
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Senior Member
1,864 posts Joined: Apr 2011 |
QUOTE(yltoh @ Feb 24 2013, 02:16 PM) Those who voted a 100%, you guys must be kidding me.. but i guess it's kinda dumb to vote for 100% unless you are able to prove it to all of us here... My guess is their passive income is equal to or more than their salary ?Just briefly explain to us how could that possibly happen. Thank you! |
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Feb 24 2013, 10:25 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City |
Normally 30% savings. If got some extra, can up to 40-50%
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Feb 25 2013, 10:04 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... |
QUOTE(yltoh @ Feb 24 2013, 02:16 PM) Those who voted a 100%, you guys must be kidding me.. but i guess it's kinda dumb to vote for 100% unless you are able to prove it to all of us here... Why not..? A LOT of people have investment income such as rental, dividends, interest from PASSIVE income. If these PASSIVE income is enough for daily expenses, you can even save >100% of your SALARY. Just briefly explain to us how could that possibly happen. Thank you! Example rental income is around 2.5k-3k/month from a condo in klang valley, if you are frugal, who says you cannot save all your salary? If you have no PASSIVE income but resorting to exhausting your primary salary, then perhaps you might want to consider to build your PASSIVE income portfolio... This post has been edited by gark: Feb 25 2013, 10:08 AM |
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Feb 25 2013, 10:11 AM
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759 posts Joined: Feb 2012 |
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Feb 26 2013, 01:09 PM
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5 posts Joined: Feb 2013 |
Just only 10% because of a lot of expenses.In Finland i seen many people who also having difficulties about saving money some are asking accountant for financial management at http://www.tilikanava.com/ some are just controlling their self.Congratulation to those people who save 50% i wanna be like you.Thumbs up.
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Feb 26 2013, 01:17 PM
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550 posts Joined: Feb 2011 |
Less than 5% for me
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Feb 26 2013, 01:37 PM
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702 posts Joined: Jul 2012 |
before can save from passive income when i m still working but now become self freelancer hardly
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Feb 26 2013, 02:18 PM
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Junior Member
307 posts Joined: Dec 2010 |
Can save 30-40% consider very good lor. less than 10% for me.
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May 11 2014, 03:07 PM
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Junior Member
82 posts Joined: Mar 2009 |
From all the above. 10-20% is average saving.
For me i save 20% which equal to RM 1000. But RM 1000 is not much but better than nothing. Every month there will be unexpected expenses ( Air con rosak, yearly Car Insurance, change water filter, car maintenance, kids wanna buy this buy that etc. plumbing problem) On the other hand, Investment took a long time for returns. so i dont invest. Anyone had similar experience. My point is seems so hard to save nowadays thou you want to save. please give rationale comments . |
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May 11 2014, 04:05 PM
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Junior Member
61 posts Joined: Jul 2011 |
Year 2013, i manage to save 50% per mth average.
Year 2014, i plan to save at least 60% or at least maintain at 50% % is based on gross income.. did not include other investment... |
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May 11 2014, 04:51 PM
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Junior Member
503 posts Joined: Dec 2011 |
QUOTE(captivesim @ May 11 2014, 03:07 PM) From all the above. 10-20% is average saving. err, if don't invest then how to earn passive income in order to complement your monthly salary which enable you to save more?For me i save 20% which equal to RM 1000. But RM 1000 is not much but better than nothing. Every month there will be unexpected expenses ( Air con rosak, yearly Car Insurance, change water filter, car maintenance, kids wanna buy this buy that etc. plumbing problem) On the other hand, Investment took a long time for returns. so i dont invest. Anyone had similar experience. My point is seems so hard to save nowadays thou you want to save. please give rationale comments . unless you are doing business or do part time jobs, i can't think of other alternatives besides "investment"... |
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May 11 2014, 06:29 PM
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Senior Member
10,001 posts Joined: May 2013 |
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May 11 2014, 06:46 PM
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61 posts Joined: Jul 2011 |
QUOTE(wil-i-am @ May 11 2014, 06:29 PM) i did spent especially on food and entertainment... But this year i plan to control more on food and drinks... advise from doc big contributor of such high % of saving is due to i'm debt-less at this moment. Car and study loan had been fully paid.. planning to get a hse in near future, by then there will be a big drop on my saving.. i'm bad in investment LOL still learning |
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May 11 2014, 08:37 PM
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Junior Member
311 posts Joined: Jun 2011 |
around 30-40%
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May 11 2014, 08:53 PM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
Do you save money from your net salary (after deducting EPF, income tax) each month? If yes, how much do you save?
from 2010 to now: 42%+ to 46%+, except for 2013 due preparation & birth of child. This year, expect 45%+ saved from net salary +net bonus (fingers crossed & goals set). Excludes investment & trading returns which are re-invested. Are you satisfy with the amount you save? Nope - can do better by cutting down mercilessly on things on low priority to me. Aiming for 50% - balance of spending & saving If not, how much you would like to save? 50% as balance. And are you still single or married? Are you still staying at your parents house or independent? Married, independent, with children (more than 1) Those family & working stiff men here who manages to save >50% pls share how U do it This post has been edited by wongmunkeong: May 11 2014, 08:54 PM |
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May 11 2014, 09:45 PM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld |
QUOTE(wongmunkeong @ May 11 2014, 08:53 PM) Do you save money from your net salary (after deducting EPF, income tax) each month? If yes, how much do you save? Your income is solo effort? Or wifey also got contribute a bit ?from 2010 to now: 42%+ to 46%+, except for 2013 due preparation & birth of child. This year, expect 45%+ saved from net salary +net bonus (fingers crossed & goals set). Excludes investment & trading returns which are re-invested. Are you satisfy with the amount you save? Nope - can do better by cutting down mercilessly on things on low priority to me. Aiming for 50% - balance of spending & saving If not, how much you would like to save? 50% as balance. And are you still single or married? Are you still staying at your parents house or independent? Married, independent, with children (more than 1) Those family & working stiff men here who manages to save >50% pls share how U do it |
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May 11 2014, 11:11 PM
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Junior Member
61 posts Joined: Jul 2011 |
QUOTE(wongmunkeong @ May 11 2014, 08:53 PM) Do you save money from your net salary (after deducting EPF, income tax) each month? If yes, how much do you save? any loan? such as car loan, hse loan, insurance that need to pay monthly?from 2010 to now: 42%+ to 46%+, except for 2013 due preparation & birth of child. This year, expect 45%+ saved from net salary +net bonus (fingers crossed & goals set). Excludes investment & trading returns which are re-invested. Are you satisfy with the amount you save? Nope - can do better by cutting down mercilessly on things on low priority to me. Aiming for 50% - balance of spending & saving If not, how much you would like to save? 50% as balance. And are you still single or married? Are you still staying at your parents house or independent? Married, independent, with children (more than 1) Those family & working stiff men here who manages to save >50% pls share how U do it if yes.. manage to save so much even tho u got kids.. guess i need to increase my saving plan.. since i'm still single lol |
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