QUOTE(MOBAJOBG @ Nov 1 2011, 02:14 PM)
I'm simply glad or highly encouraged to know that there're a fair share of Lowyat.net Forum'ers who are earning more than RM3,000 per month which was deemed as a benchmark for high-income by a certain minister previously however personally, I think one should strive to hit a minimum target of RM5,000 per month instead, to afford or live a semi-luxurious lifestyle.
The minimum remuneration of RM5,000 per month which I've mentioned is just solely for our ownself inclusive of owning a 2nd-hand BMW 8yo car (costing RM80K), an one room high-end condo (costing RM250K) and miscellaneous expenses such as food, gadgets and entertainment (spend wisely, selectively and look for bargains
left, right & center).
Of course, you've got to add further $$$ accordingly in addition to RM5,000 for as follows;-
1. a trophy gf who can cook, give birth the natural way when she became your wife and loves to breastfeed her babies.
2. investment & retirement fund
3. life insurance policy (optional)
4. savings for children educational pursuits, extra-corriculum activities & etc
5. aging parents (maybe)
6. study loans (if applicable)
7. others
This post has been edited by MOBAJOBG: Nov 2 2011, 11:14 AM