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 How much I need to earn so that ..., TQ

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twincharger07
post Oct 25 2011, 12:16 AM

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Herm.. financial talk in FnF again..? laugh.gif

QUOTE(Aishinka @ Oct 24 2011, 01:25 AM)
The best survival method is, car price < annual salary. That way you should be safe. Assuming your car costs rm100k, your annual salary should be more than your car price. this formula should be safe if you have gf / pay rental / own food / own maintenance etc etc. Just my opinion.
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Good advise... buying car based on your annual salary will be considered safe...

my car is lesser than my annual salary...

Others will call ppl like us crazy and give lame excuse like "how the country gonna sustain if everyone lowering their debts or buying cheaper car"... Bolehland is one country where most ppl think it is normal to buy a car worth much more than our annual salary... placing too much debt on a liability..

I was amazed to see so many foreign cars are getting more and more in KL... cant even get a parking in Midvalley and Sunway, so many new foreign car models with new number plates...

Msian getting richer and richer? or I guess more like getting into more and more debts..

Anyway... Dealers and manufacturers are doing a great job in marketing and branding to create temptation enticing the public... Bolehland will be forever prosperous with so many youngsters contributing the government taxation and banking's interest so long they dont go into default... wink.gif

This post has been edited by twincharger07: Oct 25 2011, 12:26 AM
twincharger07
post Oct 26 2011, 12:33 AM

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QUOTE(lucifah @ Oct 25 2011, 11:00 PM)
next time when you pay income tax at 26% then u sakit hati liao

i'm at the 24% bracket  vmad.gif

even after soo much deduct here, deduct there

i think it's time for me to get a wife and some kids already. can help to increase deductibles...
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already 24% ... hitting 26% next year... sakit hati paying those morons who bought plasma TV at rm16k...


 

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