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 Personal Financial Management V3, It's all about managing your $$$

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almeizer
post Jun 2 2014, 10:38 AM

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941 posts

Joined: Aug 2008


How old are you?

I don't see you have any saving. Your 500 of buying share is not fixed which need to depends on your spending for entertainment. Well, please take note that buying share is investment which is different from Saving.

I heard somewhere that "spend what is left and not save what is left".

QUOTE(iAlien @ Jun 1 2014, 10:46 PM)
Guys, I just get a new Debt last few weeks - Myvi

My current working monthly payment around RM2.4k per month, plus allowance RM1.6k (since is partner company, so i cant simply take money), so normally i would take up around RM4k nett

Here is my current Budget list

1. House loan share with sister - RM500
2. Utilities(H/p,Unifi, Electrical, Water, Maintenance) - RM550
3. Food ( 99% eat outside) - RM600
4. Entertainment (smoking, Movie, Shopping, Drink, Party) (Tried hard to quit smoking, mostly over budget on this) - RM300
5. Car loan (myvi) - RM550
7. Car petrol - 300
8. [Financial] kampung 会钱 (kind of gathering of kampung ppl money, who need money, who tender it, some ppl might know how it work here) - RM500
9. [Financial] Share - Very depends on how much left, my budget is RM500, but mostly, less than 100 cuz spend over on Entertainment
10. Parents - RM200

For some reason, i am taking around RM4k from company monthly, so let assuming i am not taking more in this 2 years...

is that a better way to reduce my expenses so that i can save more on my share portfolio

here is some reason i choose share, becuz fix deposit offer too low %, mutual fund is not under my control(either need in cash or the invest %)

i have no idea on all of this already, maybe just a share what KL single people expenses....
to survive, i can do that
to live lively~ i dont think so
*

 

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