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

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nightmarej4ck
post Oct 7 2019, 07:56 PM

Getting Started
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Junior Member
129 posts

Joined: Mar 2006
From: Klang


Hi everyone...just wondering am i heading the right direction for financial management sad.gif


My salary are 5k after deductions.

Expenses

1.) House = 1.9k
2.) Family = 800
3) Food and Etc = 1000
4.) Petrol = 250
5.) Maxis = 104
6.) Healthcare = 220
7.) Online Courses = 185

Investment

1. Fixed Deposits = 63k

FYI...my savings atm is below 5k...as i keep on pumping money into FD.
nightmarej4ck
post Oct 7 2019, 08:02 PM

Getting Started
**
Junior Member
129 posts

Joined: Mar 2006
From: Klang


QUOTE(johnnyzai89 @ Oct 7 2019, 07:58 PM)
i'll say after you have secured a year of emergency savings (which you pretty much have it already), then it's time to venture to higher yielding investments (but of course higher risk so do your homework first)
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alrighty thanks biggrin.gif

 

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