hello guys. can share with me how u keep your money from ownselves sence of lust to buy new new things and not eat and spend sederhana? if kept in bank, still can draw I have to save money for something. and I'm pretty sure I'm super bad at this.. so, actually how u guys control this? or u guys actually have strong self control?

lets keep this semi serious ok?

use bank account book without ATM.

truth fact

every bank still have this service? I'm bit noob about these things I can still deposit money to this account using atm or online?

got. you insist you want to have book without ATM. if still you got the book + ATM card. gunting the card lor.

you can still manual bank-in, CDM or online transfer.

make 2 account. ATM account is dummy when u got min limit of spend. the without ATM is your saving.

Have separate bank accounts.

One for savings.
One for expenses.
One for emergency.

Take your salary, and the first thing you do is keep your savings portion (10% to 50% - its up to you how much). No matter what happens, do not touch this money at all cost.

Whatever you have balance from that, use for expenses. Write down everything you spend your money on. Once you start doing this, you will know how to control your expenses.

Whatever remaining balance, you keep it in your emergency account. This is your emergency "supply" in case you need spend extra the following month.

Open a saving account with online banking. Whenever there is cash in saving account, transfer it via online to fixed deposit. Don't use credit card for luxury things apart from utilities and petrol. You will save up some money eventually.

thanks everyone for kind advice I'll try with the separate bank accounts first. I'm actually students, I don't want to spend too much of my scholarships since I got 2 semester left. need to save for future.. I can actually use around 400 only per month from my scholarships. but I usually cheat myself with that always feel very bad at the end of semester..

You should jot down everything you spend your money on. The moment you have this habit, you will know what you need to cut down on. From that point on, you'll know how to budget on a monthly basis.

deposit to my account. I will keep it for you

Works for me

ah ya! forget about this. will try to make this as habits. I have such weak willing power usually. most things quit mid way. at the end, feel guilty. hope things will change..

I actually have two also. but both have card and both card are within my grasp so, I sometimes takes from the saving one



This post has been edited by wuwah: Oct 30 2012, 02:08 AM

tiap2 hari masuk duit kat bank walaupun sepuluh ringgit...bank tu tak payah buat kad ATM...

keep trying and you'll eventually get the hang of it.

tak faham bro

1. open a CDS account and when you get a bit of money, buy some good dividend paying counters.

2. pay for own investment linked insurance products.

3. self control.

I'm not sure about investment.. this way, can I actually sell back in 1 or 2 years time? and like, buy bit by bit? I'm not account major and very noob about this things here

gua pun nak tidoq dah bro...yang gua tau ada ah Wang...ada ah Moi....hehe..

haha.. plan2 bro.. tu simpan duit nk naik pelamin la actually... & for self control, to be responsible..

This post has been edited by wuwah: Oct 30 2012, 02:18 AM

you can sell at anytime you want but because there is a high chance you will be buying 1-2 lots a month, there is no point in trading the shares but the point of my suggestion was to enable you to get dividend payments from those counters by buying the shares.

ffs, you don't need to be an account major to know these sort of things. just read more because these are things that you will need to know in life.

sure bro. I'd read about maybank CDS. now a bit blur. maybe coz midnight. later I'll try to digest again thanks for advice though