Saver guy C (making 4K a month since 20, retirement 60) - spend 1K, save 3K (not married. no kids.)

3000x12 = 36,000 a year x 40 = Rm1,440,000 at retirement (not including capital appreciation.)

With an average interest rate of 10%, you will be worth Rm15,933,332.00 at retirement.

Then you leave it to your nephew or niece or whoever, she won't have to work a day of her life. She can be an artist if she wants to, travel the world learning from the best painters, set up a think-tank to study ways of eliminating poverty..

So how about that?

1 mill at FV bah. Plus that time you old de. And the fact that your wife gave her '1st time' to the other guy de.

I want to drive home the point are we saving up/chasing wealth to address our social/lifestyle/achievement inadequacy?

TBH set aside monthly saving by percentage. You have done your part and let god decide the rest. Enjoy your life and youth (whatever that's left) while you can. I've seen my average friends suffer when their life all squandered in the name of wealth building.

Ask these questions:
1. What you want to do with the money really? For yourself.

2. And if for others, what can you do that can bring joy and benefit for them right now(and not necessary cost money)? As opposed to building the wealth for them in the future?

That's a lot to sacrifice...
Well I'm servicing a couple condominiums, got car, got gf got fancy phone got fancy internet, no fine dining but quality time with the gf, got some holidays lah, going to south africa next year, no extravagant clothes la but comfortable working attire and a nice pair of jeans to conquer all the casual times, stay with parent (meh..), got car, never liked clubbing, personally think kopi O from kedai kopi is better than starbucks...

I buy a lot of office supplies....T__T

Love Classifieds, CHECK FIRST POST (Serious)
https://forum.lowyat.net/topic/932613/+1860

finding chick using PAMA scolarship...

stalker!

LDR very expensive..find ur collegemate..bro.

especially phone bill and transportation(air ticket).



Dating no need money if you know how to find a suitable gal for urself.

I working adult food only average ~RM300/month (breakfast + lunch  dinner)

weekdays:
Breakfast = RM0: own cornflakes + free milo at office (ok maybe not RM0, cause corn flakes also cost abit but can last 1 to 2 weeks+++)
Lunch = RM5~6.50 usual chinese kopitiam stall foods (soup mee la, mix rice la, chicken rice la, etc...)
Dinner = Same

Weekends saturday usually eat home, sunday eat out (same combination as weekdays, but sometimes sunday eat at more exp restaurant @ RM16/meal)

Ok la i admit i cheapskate

Fruits included in lunch (if I buy), sometimes company gives free fruit also

outside office nia, PJ/damansara area
tapao back to office makan.

the cost i provided is averaged per working days cost la,

sometimes i eat more on X day, eat back normal price at Y day, then eat at cheaper price at Z day (usually dinner has this flexibility).

Or a video explanation

I'm used to it, before YNAB I was already using some other mobile-app to key in my daily transactions and keep track.

YNAB does it even better with budgeting.

Instead of Earn > Spend > Track > Act, with YNAB, it's now Earn > Plan > Spend > Track > Act

Not to say that I have zero plans before YNAB, but it isn't as solid. It's merely a force-savings of lump-sum (cut from paycheck) every month

Just do your self a spreadsheet. FOC
But I never do as every month my total spending are fixed at rm2500 no matter what happens.

I custom-created my own excel spreadsheet (which imports data in .csv format from the mobile expense tracking app I use) and after a year, I can seriously say I hated it.

Too much maintenance work (on top of the expense tracking) even after I automated most of the part

I'd rather pay that one-time fee for YNAB and live with it (I won mine for free anyway )