Currently house around 1.2mil. Break into 400k 3 portion.( estimated 70% of unit price. By that time total 4 condo. 2 at 70% paid, 1 at 100% paid, final 1 for own stay. Monthly income still Rm10k. Car full paid Normal japan car. Should be able to withstand any storm even all unit nobody rent. I just want to generate asset during retirement. I'm not spendthrift type. The estimation if expenses is 10% extra of what i would spend. The income quoted is 10% lower then what I earn. I never over optimistic in my calculation. Just thinking my wealth progression suddenly become so slow after married.

Based on your post I like your LIFEstyle.     

no feel bro.
SG tax - max tax 20% and only for income >=SGD360K /yr (pls correct me re_freako if i'm mistaken).
That's like..MYR936K /yr 
20%!

Yar bro and also Germany charges (generally lowest for tertiary education, even for pendatangs
There was an article last month i read - cost of tertiary education + student expenses in Germany is THE LOWEST. 2nd was Taiwan, 3rd China, etc etc SG was like equivalent to AU or higher 

Been talking with my partner to educate my youngest in German (Gutten targ Herr Lym ) since my eldest already doing Mandarin. Hedging mar heheh.
If any forumers' interested - i'll post the overview snapshot in this thread. Just let me know - lazy to search for it (from my filed archives) without interested parties - yes, i'm a lazy fler

Save money till you gain financial independance!

38K per annum expenses.

For ease of calculation, lets imagine your EPF and FD are lumped as one into RM1.4 million and placed in FD.
With an int rate of 3.5%, you'll get RM49K a year, which more than covers your expenses.
So if you can maintain those expenses at 38K per annum, you're set. Of course, life isnt always hunky dory..

I will retire asap.

I still have 1.4mil and the house plus the monthly balance. all this cant take care of 4% inflation?

If the retiring life not ok. I still can return to take up a slightly easy job with lesser pay.

I will never invest in equities. So sorry.

Thank you brother/sister.

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?

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.

hey guys,

i'm not sure whether this is the right place to ask..or to tempat merayu..

i need some advice regarding my debt issue and how to manage it ,all this debt i've accumulated because i was having family problems, since a few years ago. 3 months ago my mother passed away.

i started working in this company for almost 4 years as fresh graduates. With starting salary of rm2k, what i can say, thank god, i got increment every 6 month. fast forward middle of last year my salary was revised to 4k from 3.3k,2.9k,2.7k,2.5k and 2k. last jan my salary was 4.3k and now during mid year appraisal on July, i had my increment to 5k basic, and my director promised me to increase more on this january appraisal, provided i'm working hard and subject to all other management approval.

it was just a few months ago that i used up all my saving,pl money,and cc maxed out. that time i dunno what to do, and all i wanted was going back hometown to be with my mother and support my family.. i was about to default all my payments,resign from my company and just balik kampung. i told my boss my situation, he asked me not to resign. he asked me to take unpaid leave, and do whatever i have to do.

fast forward, here i am still working in the company, and thinking how to pay all this debt... and sometimes i fell kinda regret, why i didn't change job much earlier, when all my colleagues who left getting minimum 7k only for 2 years experience. and I've been here for almost 4 years but i'm happy with what i'm doing in this company.

so, the breakdown for now and coming forward, since my father told me not send give him money as nowadays he can manage things with his pension( i still give him btw, just lower)

as far as i remember, i do not have any late payment, and as for cc, normally i will pay more than minimum everymonth.
easyrhb pl = monthly 1028, normally i will pay 1.1 or 1.2k tenure left 51 month with 35k to clear
maybank cc  = 4.5k limit 5k
citibank cc= 4k limit 12
aeon cc = 4k limit 6k
standard chart cc = 197 p.m balance transfer of 6k, still 32 from 36 months
ptptn = 40k left, last year paid 10k,,which i regret why i didn't save the money. now pay only when i have excess money

now my monthly other payment
car persona = 539 - SI still have 70 months to go
motor = 225 - SI - still have 2 years to go.
rental = 250
unifi  = 169 another one year contract left(claimed from office rm50 another 40 from housemate)
allianz insurance = 179  -
gym = 179 contract one year left

misc like top up, etc.. around rm 200
bike fuel, minimum rm25 for 300km..nowadyas i refill once a week, so like rm100 or so
the rest is for my living expenses.
car is only used for balik kampung.. like 4 full tank(rm75) everytime i balik kampung. i had to because i still have my grandmother in hometown.. and i will go on balik kampung every 2 months starting this month.

so, after i paid all of thees, will have around 600 left for my monthly expenses, not including fuel. if i had to go hometown i had to use cc..

and i just paid 500 for this coming raya qurban for my late mother.

oh ya, i forgot to tell, i'm 27 and single working in private sdn bhd SAP Consulting company. now i only have rm1k left as my savings and i use gym and fasting as to reduce my weight since i'm fat. .
i really need some advice as i dunt really know what to do..and i don't want to go akpk too..