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 How to survive with RM2500

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MechaLEE
post Oct 8 2014, 03:01 PM

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QUOTE(fearless_kiki @ Oct 8 2014, 01:32 PM)
if you're asking can survive or not the answer is yes. But doing anything other than surviving, the answer is no.

petrol: 250
ptptn: 150
insurance: 150
car: 500
ulitities/groceries: 200
parents: 300
rent: 300
tng: 100
car maintainence: 200
phone: 50

sometimes you need to buy stuff here and there 200... (to replace old stuff, not for leisure). So yeah, there goes all your salary...
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u can ignore that ptptn 150 cause apparently papers said about 600k ppl didnt pay back ptptn..... seems that u dont have to pay
you90
post Oct 8 2014, 03:06 PM

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Let say earning 2.5k net for a person who stay out of hometown:

Rent + Transport for work : RM450
Additional Travel: RM100
Eat: RM 20 x 30 = RM 600
Buying Grocery: RM 150
Entertainment + Additional Spending: RM100

Total: RM1400

More than half of the salary gone. Have not include sometimes you give parents money.

Actually, financial planner will normally advise people to save at least 20% of their salary, for those who work first 1-4 years. So saving up to 40% of your salary in this case consider good!

This post has been edited by you90: Oct 8 2014, 03:08 PM
csting87
post Oct 8 2014, 03:10 PM

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Change your lifestyle and you will survive.
skylee18
post Oct 8 2014, 03:11 PM

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QUOTE(Pancake1234 @ Oct 8 2014, 12:25 PM)
I came across this article in Star today about "Experts are saying that RM2,500 is sufficient for fresh grads, provided they limit their expenses on luxurious items." What are your thoughts on this? Can we survive with RM2500 working in kl or s'gor area? hmm.gif
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3 years ago when I still a fresh grad, my basic pay is 2400, deduct everything left 2000++
My expenditure per month :
Car repayment and petrol : 500 (saga FL)
house rental : 350 (include utilities)
PTPTN : 200 (sometimes pay sometimes don't)
Insurance : 150
Internet : 50 (share)
food : 600 (base on RM20 per day)
Car maintenance : 100
============================Until here [Total : 2000] already gone all

Still not yet count :
1)entertain GF
2)giving back to parents
3)hobbies
4)gadget
etc
etc
etc

5)SAVING --> Impossible


SASABABE
post Oct 8 2014, 03:18 PM

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2.5 for me ==

Petrol = RM400
TNG = RM240
Rent = 150
dataplan =RM60
Parking = RM120
Parent = RM200
EAT = 15x 20 = RM300
Entertainment on Weekend = The balance ....


but im still finish all b4 end of month ....shittt
feynman
post Oct 8 2014, 03:19 PM

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This would be a pointless discussion if the RM had a higher purchasing power.

It all comes down to just that. Give me 2500 euros, I can live like a normal person in any of the EU 26 countries. Give me 2500 pounds, I can live like a normal person in the UK.

Give me 2500 dollars, I can live a workers life in the US, Canada, Australia and NZ.

You know you have got a problem if RM10 can't buy you much when a 10 euro note can get you 3 days worth of groceries.

All those smartass financial planners who say that it's possible to live with RM2500, let them do it before preaching.
cfa28
post Oct 8 2014, 03:22 PM

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QUOTE(mieza @ Oct 8 2014, 02:22 PM)
When I was fresh grad, my salary is RM2k.. I still can survive.. lol..

How? No astro, no movie, no entertainment..
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but back then how much was a reasonable 'Mix Rice'

In my time, when the Fresh Grad Salary was RM1,600 (so no need to pay OT), 1 meat + 2 Vega was less than RM3.00

Today many places will cost u at least RM5.00 or more



fearless_kiki
post Oct 8 2014, 03:31 PM

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QUOTE(feynman @ Oct 8 2014, 03:19 PM)
This would be a pointless discussion if the RM had a higher purchasing power.

It all comes down to just that. Give me 2500 euros, I can live like a normal person in any of the EU 26 countries. Give me 2500 pounds, I can live like a normal person in the UK.

Give me 2500 dollars, I can live a workers life in the US, Canada, Australia and NZ.

You know you have got a problem if RM10 can't buy you much when a 10 euro note can get you 3 days worth of groceries.

All those smartass financial planners who say that it's possible to live with RM2500, let them do it before preaching.
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in UK everything 1 pound laugh.gif
mieza
post Oct 8 2014, 03:32 PM

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QUOTE(cfa28 @ Oct 8 2014, 03:22 PM)
but back then how much was a reasonable 'Mix Rice'

In my time, when the Fresh Grad Salary was RM1,600 (so no need to pay OT), 1 meat + 2 Vega was less than RM3.00

Today many places will cost u at least RM5.00 or more
*
Back then I think around RM4.50 (nasi separuh, ayam, sayur).. I did not buy drink.. Till now I still limit myself RM10/day for food.. Just now lunch RM6, so I have balance RM4 to spend for dinner..

Btw I graduated on 2011..

ps/: I lost 4kg after graduated cry.gif

This post has been edited by mieza: Oct 8 2014, 03:38 PM
cfa28
post Oct 8 2014, 03:41 PM

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QUOTE(mieza @ Oct 8 2014, 03:32 PM)
Back then I think around RM4.50 (nasi separuh, ayam, sayur).. I did not buy drink.. Till now I still limit myself RM10/day for food.. Just now lunch RM6, so I have balance RM4 to spend for dinner..

Btw I graduated on 2011..
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I also try to limit my lunch to < RM6.00 but sometimes, have urge to eat something different

I graduated in the last century when things was much cheaper

Its sad that in the last 10-years of so, cost of living has almost doubled but salaries has only gone up by say 20%

I am very sympathetic of young graduates - how are u guys going to own your dream home without FAMA Help.

Just 10-years ago, it was still possible for an Executive earning just RM3K a month to find a new apartment costting < RM150K

Today, the same apartment cost close to RM500K already and the Executive salary is only between RM3.5K to RM4K


najibest
post Oct 8 2014, 03:42 PM

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QUOTE(mieza @ Oct 8 2014, 03:32 PM)
Back then I think around RM4.50 (nasi separuh, ayam, sayur).. I did not buy drink.. Till now I still limit myself RM10/day for food.. Just now lunch RM6, so I have balance RM4 to spend for dinner..

Btw I graduated on 2011..
*
just last year I actually use only RM4 for breakfast and lunch....1 packet of RM2 nasi lemak for breakfast and RM2 mee goreng/nasi goreng/mee hoon for lunch...

yes this is in KLCC/Jalan Ampang area, the price is like that because the portion is small..but that was enough for me...free drinking water from the office...
2JayZ
post Oct 8 2014, 03:44 PM

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Is either you live to eat or you eat to live. So, is either u really enjoy life or u just struggle to survive is also consider surviving.

Surviving with no meaning in life is not really a life that most would want if given a choice.
fearless_kiki
post Oct 8 2014, 03:55 PM

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no need to worry for them, they got subsidy from FAMA bank brows.gif drive big car, drink starbucks, use iphone
mieza
post Oct 8 2014, 03:56 PM

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QUOTE(cfa28 @ Oct 8 2014, 03:41 PM)
I also try to limit my lunch to < RM6.00 but sometimes, have urge to eat something different

I graduated in the last century when things was much cheaper

Its sad that in the last 10-years of so, cost of living has almost doubled but salaries has only gone up by say 20%

I am very sympathetic of young graduates - how are u guys going to own your dream home without FAMA Help.

Just 10-years ago, it was still possible for an Executive earning just RM3K a month to find a new apartment costting < RM150K

Today, the same apartment cost close to RM500K already and the Executive salary is only between RM3.5K to RM4K
*
Obviously need to reward yourself if you urge to eat something different. My monthly budget for food is RM350.

RM 10 x 30 days = RM300.. Extra RM50 if I want to eat something different or blanja parents/friends..

I do read this somewhere :

"If you cannot afford to buy the house, people cannot afford to keep their house too"

We are survival generation.. No house mean no loan flex.gif cry.gif

QUOTE(najibest @ Oct 8 2014, 03:42 PM)
just last year I actually use only RM4 for breakfast and lunch....1 packet of RM2 nasi lemak for breakfast and RM2 mee goreng/nasi goreng/mee hoon for lunch...

yes this is in KLCC/Jalan Ampang area, the price is like that because the portion is small..but that was enough for me...free drinking water from the office...
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I do exactly like yours.. Brought nasi lemak paru for RM2.50 (in Bangi), bring it to office and eat it for lunch.. So I have extra to spend for dinner..

Wish that I can work near LRT so I can save RM600/monthly for petrol and tolls.

QUOTE(2JayZ @ Oct 8 2014, 03:44 PM)
Is either you live to eat or you eat to live. So, is either u really enjoy life or u just struggle to survive is also consider surviving.

Surviving with no meaning in life is not really a life that most would want if given a choice.
*
Working with challenges..
jwrx
post Oct 8 2014, 03:59 PM

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why not? entire households in kl/pj live on less then 2500, why cant a single fresh grad living parents live on the same amount.

SUSchickenshit36
post Oct 8 2014, 04:34 PM

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i realize alot of us dont realize the RM2500 per month situation is not permanent. we can actually get a 30-40% raise after 1 year (jump ship or work so hard ur boss want to keep u).

first year of working im sure alot of u can tahan. parents give money a bit less also la during that time. just work ur ass off for the year, then find a better job. work hard, learn fast.
after 1 year it gets better
abc2005
post Oct 8 2014, 05:00 PM

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QUOTE(feynman @ Oct 8 2014, 03:19 PM)
This would be a pointless discussion if the RM had a higher purchasing power.

It all comes down to just that. Give me 2500 euros, I can live like a normal person in any of the EU 26 countries. Give me 2500 pounds, I can live like a normal person in the UK.

Give me 2500 dollars, I can live a workers life in the US, Canada, Australia and NZ.

You know you have got a problem if RM10 can't buy you much when a 10 euro note can get you 3 days worth of groceries.

All those smartass financial planners who say that it's possible to live with RM2500, let them do it before preaching.
*
Totally agree. With the shrinking purchasing power the ringgit compared to even Singdollar, I wonder how much can RM 2.5K get us here. Earning 2500 Singdollar can easily get u a LV bag in Malaysia 2.7 times cheaper than in Singapore... tongue.gif
2JayZ
post Oct 8 2014, 05:11 PM

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QUOTE(chickenshit36 @ Oct 8 2014, 04:34 PM)
i realize alot of us dont realize the RM2500 per month situation is not permanent. we can actually get a 30-40% raise after 1 year (jump ship or work so hard ur boss want to keep u).

first year of working im sure alot of u can tahan. parents give money a bit less also la during that time. just work ur ass off for the year, then find a better job. work hard, learn fast.
after 1 year it gets better
*
Then I think u have not work long enough or even started working yet. Get 30-40% raise after 1 year? If u own the company then yes.
Unless u jump company...MAYBE possible and that also it will not look nice in your resume. There is only so much that you can jump around.
kwongf
post Oct 8 2014, 05:32 PM

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QUOTE(mouthpoop @ Oct 8 2014, 12:44 PM)
i used to survive with 2300 just a year ago. I drive to work, and my workplace is in Bangsar. How do i go around making my ends meet?

Get up as early as 6 to get the allocated free parking, so I saved MYR7 a day for parking. Breakfast at the office pantry, hot milo and the biscuits. Lunch alone ( usually the 6.90 Subway) as most of my colleague always go for Secret Recipe, San Fran, Dome and all the established eateries. Stay back until 7pm, (the traffic is horrendous anyway, so choose the lesser of two evils) , went the office gym until 930 and dinner with biscuits and milo again back at the same pantry.

andddd my officemates called me the boy with the water bottle cause I bring my 1L bottle of plain water everywhere I go. You seriously save a lot when you bring your own drink.

In retrospect, I automatically geared myself to survive with any amount of paycheck given.
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Thumb up to you bro.... thumbup.gif
kwongf
post Oct 8 2014, 05:33 PM

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QUOTE(MonkeyXIII @ Oct 8 2014, 12:47 PM)
Lawl....my gaji only rm1.4k ma...and i work at pj..and i still can live....haha...and if i got that 2.5k salary,that big enuff for me...
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Hi Monkey, do you mind to share what are you working as?? RM1.4k is too low man... hmm.gif

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