Italic and bold contradict la...

I say sumbat the holes that will flush your money out first lah.
Get basic insurance like a medical and Personal Accident policies first, and then venture into investing in UT or a property or a business venture because only like that you won't have to empty your savings just because some idiot's actions sent you into the hospital or losing a limb hence losing your ability to work.
This is what we call protecting your future unearned income. Always good to have medical and PA first before going into anything else.

Italic is about buying the right product for the right usage.
e.g. butcher knife to butcher meat. Imagine using a HUGE butcher knife to cut fruit. Doesn't work very well.

BOLD is just a finance philosophy.



Basically,
Italic answers is this product right for my usage? while
BOLD answers should I buy this product?

Ic. Yeah you tell him to buy the right product for right usage then later ask him not to listen to anyone when it comes to own money.

I read your post that way... so felt funny

Nevermind, I know you mean well.

I never knew these messages regarding the use of italic and bold!

Thanks for sharing guys!

Hello all,

I have just started my first job at an audit firm with rm2.8k salary. Is there any tips on how to save money? I know with my low salary, I can't really expect a luxurious lifestyle.. but no choice, i guess thats what every graduate face.

Please advise

2.8K is consider high for a fresh grad. Everything will depends on your lifestyle. If you are the starbuck-breakfast kind of guy, say farewell to having any savings.

Nett Income: 4000

Food: 800
Fuel & Toll: 300 + 100
Parents: 700
Entertainment, Shopping & Others: 400
Savings: 1000

Total Left: 700

Currently driving a 9 year old Perodua.
More and more maintenance coming up recently.
Planning to get a car to replace it.
What will be the car affordable by my current financial status?
Will car be cheaper after GST implementation?

mind to share your age?
I assume 9year working exp- shld hv sufficient money to buy a hse. But you didnt list down.

Nowday hse so expensive..so better save - if afford better buy 1.

I know what U mean right? Hahahhahaa.
Ur a funny guy xD
2.8k is a good starting salary! Haha! I started with 1.25k. Not even HALF of yours.. LOL!!

My advice is to plan your savings and investments. Manage your finances well and you'll be just fine. Make sure you don't get conned outta your $$ =). If you want to live a luxurious then a plan is essential.

Affordable? Perodua Axia.

How many yrs loan do you wanna take? Do u want a new or used car?
Your car choice will depend on these questions
This post has been edited by polkiuj: Aug 28 2014, 05:22 PM

I'm 26 this year.
The car I actually inherited from my parents hence not serving any hire purchase loan.

Meanwhile for house, it's under construction and DIBS.
Hence, loan repayment will only starts after completion.
Housing loan repayment will be ard RM 1300.

how much you bought your hse?

rm1300 montly for 30year is rm300k condo.


When you bought ?

300k property in Klang Valley is really good deal if good location. Nowadays more ppl are looking for houses, prices are increasing nearly 50% compared to 3 years ago. Hopefully price will come down lil bit for the younger gen to be able to afford.

Are you staying with parents or renting house currently ?

Can request for a Personal Finance Sub forum?

what you want to ask? current topic not sufficient ?

Is it just me or is your food expenses too high?

I spend groceries for 2 in Germany and my grocery bill per month is only about EUR200.

considering 800 per month, that's about 27 a day... 9 per meal... well, shopping centre food court, that's about the right price. it's not cheap having a meal in klang valley, though one can always avoid the shopping mall restaurants.

Side note: back in australia, i spend $40 per week groceries (i don't eat out). sometimes even just about $30. Dang, must be really cheap in germany.

Oh, he meant eating out. Sure, then RM800 is plausible.

Groceries are not cheap per se esp. processed food, but local fresh produce are.

It's actually a small soho only.
Bought it ard 2012.

Staying with family.

As most of my meals will be taken outside.
And sometimes i'll be paying for my family too.