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?

with 2500 u can just sleep eat work and repeat.. yes can survive if u do this..

one day eat once, no beer no smoking.

buy kancil second hand, put 95, + most important " forever alone"

witk 2.5k, why cannot? all is depends on individual lifestyle

bro, my salary only 2000, but i still survive leh

2.5K. after epf around 2,2K.

rent room : 300.
TnG : 100
Utiliti + dobby : 50
Eat : RM 20 x 30 =RM 600

anything else that i miss?

U MISS PIAP PIAP

u try ask those works in service line....most range 1k - 2k salary.....

how they survive u think?

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.

True after all deductions about 2.2k. pay car, insurance, phone bills, petrol, toll, parking, groceries..

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...

thats good.. but i live in cheras, work in pj. going through the jam everyday is not worth it. add toll and petrol money somemore.

2.5k abit suffer to live in KL nowadays

This post has been edited by mattemily_85: Oct 8 2014, 12:55 PM

humans' strongest ability is adaptation. that's y we on top of the food chain. so pandai-pandai lah with the 2.5k.

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...

2.5k can survive.i agree..but u have to forgo ur desire to buy the unnecessary stuff.

2.5k a lot bro.. changed to ngv..

RM 2500 for fresh grads without experience? Something is not right here

This post has been edited by danny_rocker: Oct 8 2014, 02:13 PM

When I was fresh grad, my salary is RM2k.. I still can survive.. lol..

How? No astro, no movie, no entertainment..

Let me guess:

U drive motorcycle to work.
Stay with parents where all utilities paid by parents, cook dinner for you on weekdays, weekend go outing with parents and they paid.
Don't own fancy Handphone or computer
Eat RM4 for lunch (mixed rice with 2 vege).
Do not have insurance.


Back to topic, 2.5k is survivable but exposed to risks like without retirement planning (not much saving), low insurance protection, etc. Rely on EPF for retirement? Don't think it's enough to survive for 25 years above.

This post has been edited by almeizer: Oct 8 2014, 03:01 PM

u can ignore that ptptn 150 cause apparently papers said about 600k ppl didnt pay back ptptn..... seems that u dont have to pay

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

Change your lifestyle and you will survive.

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

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

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.

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

in UK everything 1 pound

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

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

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...

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.

no need to worry for them, they got subsidy from FAMA bank drive big car, drink starbucks, use iphone

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

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.

Working with challenges..

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.

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

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...

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.

Thumb up to you bro....

Hi Monkey, do you mind to share what are you working as?? RM1.4k is too low man...

Pancake1234,

People that cannot survive will starve to death. We do not need to worry about death people. Now, if a person is not starving to death, that person is surviving.

Dreamer

The ambiguity of the words "sufficient", "limit" and "luxurious items" would render the statement meaningless.

Though at RM 2,500, I somehow think its not so much of a limit but completely steering clear from luxurious items. It is, however, enough to provide basic shelter, food and safety.

if living with parents, enough
if alone, foot everything yourself.... struggling
if with own family, sole bread winner with kids.... go figure

like many who have said it
our purchasing power is just way too low
Security Guards in the US gets 30k (median) per annum... high school level edu

they can live easily...

Msia? Grad salary 1.5-2.5k, this range have not changed for more than 15 years!
Taking into account Inflation... 2.5k now is really like RM1200... 15 years back

All in all, I think the govt has done a shitty job in managing and protecting the ringgit through BNM in which they give unfair leverage to those companies that export low-cost raw materials and cheap manufacturing products in the expense of livelihood of every single Msian with shrinking purchasing power day by day. After that, the govt complained about the budget deficit (due to shrinking purchasing power) and used it as a justification to reduce subsidies, raise prices, and implement GST.

This post has been edited by abc2005: Oct 9 2014, 01:06 AM

Yes, it is certainly possible if you follow the tips below, but dont expect a good/comfortable life or even have much savings

1. I am not sure why people buy a car with RM 2500 starting pay, how can they afford the down payment?
2. Have to go out of the way to eat cheap food (mixed rice/cheap breakfast), no expensive food.
3. Not much entertainment.
4. Maybe share room rental/or rent cheap outskirt area
5. Do some partime on weekends?
6. No savings

The point is NOT to stay at RM 2,500 for long, its a starting pay, and should increase quite fast. After 6 mths probation, you can maybe have some increment, and after that increment/adjustment/promotion etc all will increase your pay.

If you are stuck at RM 2,500 for too long and cannot afford good life/support family/have gf, maybe its your attitude problem?

For short term, 2500 isnt a problem, but for long term its certainly quite impossible.

Not everyone is lucky to have RM 2500.00 for their first job. When I graduated, I was working with 3 chinamen companies and getting a meagre sum of RM 1600.00(I was job hopping back then), but I managed to control my expenses to cover my petrol, pay my phone bills and provide income for my parents. We have the tendency to keep up with the Joneses but what happens when we retire? Will there be enough savings to support ourselves? Think about it.

This post has been edited by danny_rocker: Oct 9 2014, 08:16 AM

30-40% is not a realistic target on average, but not entirely impossible. I've gotten a 40% raise on the first year of my work.

average /k is >20k , they cant answer you

Repost from my replied.

Assume no loan, no PTPTN and living with dad/mum, after EPF and SOCSO get RM2200

Breakdown:
RM800 for daily allowance
RM300 for transportation
RM300 for insurance
RM300 for saving/investment
RM200 for Dad and mum
RM200 for phone/internet/multimedia
RM100 for Books/seminar

My monthly only 1.5k still can survive in KL. 2.5k is more than enough. Just depend on the lifestyle u want.

My 1st salary was after degree was RM2k, then jump ship to RM2.5k. Assume you don't jump ship, a lot of companies only give around RM100+ increment. Sad huh? The cina pek company didn't even give increment or bonus.

a lot of people tend to overlook other expenses such as road tax, car maintenance, buy stuff for celebrations, clothing... people tend to assume everything doesn't break/tear

yes, we can save a lot when living with parents. I think a lot of people get indirect subsidies from living with parents. Food, Groceries, Electric bills... Do you pay for your family dinner when going out?

But for me, i will always do my best to give back to my parents. Other than giving monthly allowance (which offsets the indirect subsidies i get), i buy household stuff from time to time for my parents.

RM2.5k? can't do much...

I saved 1k when my salry was 2.4k. 2k when it was 4k. 3.5k whe it was 6k. So what talking u ppl kenot survive?
Just wanna jaga face and live like ur rich when actually we r still a developing country.

only stupid people cannot survive with rm2500, all who said that must be mommy boy. see the the world wide enough. a factory worker can survive in KL plus have to pay rent, child money, support wife still can have saga. its the lifestyle u have to control.

i think they made it pretty clear that surviving is possible but not living.

Surviving is of course possible, but not living a comfortable life.

Unless, It is either to job hop to see the increment, get promoted or get yourself a part time job.

I dont think companies are obliged to let u live a life of luxury as a freshie. Its through work experience that we gain the leverage and value to companies and then xan ask for higher pay.

So the issue here are.. a. Freshies who are greedy and want everything now.. and dont realise that they have to invest in themselves and improve their value. Or b.. people who are stuck at the freshie level amd dont know why.

Actually 2.5k is alot already -.- I started off my career when i was like 22, and I got only like 1.8k -.- Yes, struggle shit! But passed already! 2.5k may be a pain but just awhile for career starter!

Well said, having said that, freshie is no longer a freshie provided that you have a 2-3 years working experience.

How long it takes for you to stay with your 1.8k salary back then before jump to get a higher one?

I'm now at 4.5k already. Urm.. Let me count.. It was back in year 2012 July or Aug, then... I changed my company to a new one in March 2013 and got slightly higher. Oh well, you just gotta perform and show your value in your work in order to negotiate for higher salary

This post has been edited by shanyuet: Oct 9 2014, 09:48 AM

Oh, within 7 months you jump and you got a 100% increment?

Urm.... my next salary back then was 2.3k la.. then jump to 2.8k then 3k and now 4.5k lol.. It was a long jumping journey but just too much risk

So,

Aug 2012: u started off with 1.8k
March 2013: u jump to get 2.3k, then jump again to get 3k then jump again to get 4.5k?

Wonder what is your background study and field u r in now? Hmm..

Waaa... timeline ah -.-

Urm... Ya

Aug 2012 = 1.8k
March 2013 = 2.3k
Nov 2013 =3k
Sept 2014 = 4.5k

I studied Mass Communication but work as Organisation Development/Corporate Planner aka another fancy name for Management and Planner field. Planner as in Event etc planner. Not insurance planner

in workforce 7 years already. starting salary 2k back in 07. after 1 year raise to 2.65. after another 6 months, jump to vendor for rm3k

bear in mind i was in a telco subcontractor company. so no, it wasnt an mnc. its a chinaman company


that said, when ur salary hits 6-8k, then progression is slower, and u better have 1-2 very good core competencies that make u stand out in order to progress.

I seriously envy of you, able to jump to see the huge increment.

Networking is important also i guess in this case. Are you all this while, jump to the same fields?

I have 1 year + 1 year experience in two different fields.

No need to envy la. I believe you can also, but very risky. I jumped different field. From Mass Communication, PR line to Corporate line! Fuhhh!! That's a huge gap. But then I'm planning to jump back into Communication Line next year as Corporate Communication.

What you are doing is called "Surviving"...

That's different from "living"....

See got 1 poster above jump from 1.8k to 4.5k within 2 years.

In MNC you got to fight for your chance to perform. If you everything also tell boss cannot/dunknow obviously you will be kept diam2 inside cubicle. Show some initiative, learn from different dep, talk to different boss, take professional paper eg. IT cert/acca, dont complain when OT or do job outside job scope. Try to get 1st promotion within 2-3 years, then jump company once u get promotion (thats almost 50-75% payrise within 3 years to about 4k. And thats quite conservative expectation that is doable for most people.

Or you can be life insurance/property or car salesman and earn even more. (but obviously sales is harder)

It is quite simple to rise in pay quickly if you are hardworking, willing to put in effort. Wont stay at 2.5k for long so why worry?

2500 - 1000 = saving
1500 - 400 = rental + etc
1100 - 200 = petrol
900 = makan + etc

RM2.5k in not too bad IMHO. Plus, u have no experience, please don't tell me u are expecting 3k. I'm not saying that 2.5k is forever enough, but for a starter, its more than enough. Maybe after a year u will get increment, then u change company, hence higher salary. Come on, its a working adult world, learn to survive. It ain't like school or University where u expect people to spoon-fed u. As time goes, u will gain more experience, and higher salary. But for a starter, 2.5k is more than enough.

Again, welcome to the real world. You are on your own.

It is possible to SURVIVE with rm2.5k.... if u're single @ single breadwinner.

Let's break the rm2.5k down:
600 = sewa rumah (low cost apartment) in shah alam
100 = utility (water, elec, maintenance fee)
300 = meals (rm10 daily x 30 days)
So, that's rm1k for ur necessity. U got a place to stay, sleep, bathe, pray, exercise.. and a whole month's horrendous dieting program.

Which leaves u with balance of rm1.5k for optional usages:
100 = parents
30 = prepaid topup
100 = petrol
50 = toll/touchngo
20 = cigarettes
50 = groceries (for home cooking, tapau later for work, save money?)
100 = insurance
50 = asb
Another rm500 used, leaving just rm1k in ur hands.

Ppl say save 30% from salary for emergencies, meaning rm750.. incase bike/car breaks down, or need to balik kampung due to relative pass away, or simply keeping for future use. U have rm250 to spare. Anything I'm missing here?


Oh btw, fresh grad 2.5k is ok lar.. i got spm only, started to work 2005 at rm350 and ended after 7years in the same comp in 2012 at >rm1k then with hopes of 7years xp, jump to my 2nd work place.. thank god they somehow tripled. Now after almost 2years, twice increments + recently KPI. *tears of joy*

Of coz, lifestyle MUST change, and stay closer to God (pray often, be a better husband/father, etc).. and most important, always ALWAYS jaga hati parents esp mother. Being good to wife is one thing, but being good/cheerful to mother is the ultimate key. Trust me, I've learned the hard way, and God has rewarded me absolutely well (syukur alhamdulillah), surprisingly, esp in terrible and desperate times.

This post has been edited by futra: Oct 9 2014, 04:20 PM

RM2500 as a starting salary for a fresh grad with degree is certainly not ok in the current climate of time where everything has double tripple its price compared to ten, twenty years ago.

Having said that, the starting pay is really decided by factors such as your education level, grades, universities you went to, types of industry you going to, relative experience of internship or activities in campus and your personal attitude. In short, it really depends on how good your are in building your cv and during the interviews.

I personally know some bright grads who started with 4-5 k, of course, in an advance junior role and some average grads with 3k above and some below 2k. All came from the same university and same course.

So, don't let these people tells you how much you should be earning just because they earn a certain amount during their early phase or base on their personl opinion. Prove your worth to employers, dont be afraid to negotiate and the sky is the limit. Just my two cents.

respect bro

respect

okay, after several days of discussion. now we all know that surviving with that amount is doable.

so the next question is, how much do you think it is sufficient to live a comfortable life? I know this is subjective.

why not let's share and discuss?

Degree fresh grad, earning 2.6k here

House rent = RM180 share with friends, no need to pay electricity and water since the bill is always low.
Petrol = RM150 Dont have car, rempit.
Meals = RM400 A lil bit expensive since I'm working at KLIA, screw you Ali Maju.
PTPN = RM100
Parents = RM 300
Basic Necessities = RM100 (Topap, internet bill share with friends)
Some entertainment = RM100

RM2600 - RM1330 = RM1270

With that kind of balance I managed to grab the bike Im using right now on cash after working for 5 month for RM7.5k. Malas nak utang.

So in my opinion its more than enough to survive, heck I think its enough to live a comfortable life with RM2.5k. Depends on your definition of comfortable though.

Everyone been talking about fresh grad, you no experience, u not deserving that pay etc but how about those people who have skills and experience. Giving same pay to fresh grad is discrimination. Not because most grad have no hands on experience, means that others don't.

By the time I grad, I have like 1 year android development experience and if i go to interview, they offering me pay same as other who don't even know anything. You can argue that I got better chance to get the job or faster raise but I myself feels that after working hard learning a lot stuff, people just treat me like those any other normal fresh grad. Salary is not because how much I need to survive but how much you value me at. Don't talk about startup but MNC are those who are actually doing these.

I've seen company reject resume because they aren't 3.0. I know guys who have bad pointer but exactly great team member and have the right skills to do it but just because one value on your cert, you aren't given the chance.

Back to topic, I earn more than 2500 and even I spend like I dont care much and live comfortably, i could hardly hit 2.5k per month. 2500 can live quite ok if you don't have car and renting. I remember someone posted, you got 2k, u live a 2k life, you got 10k, you live 10k life, so even then, you not saving much because of what you spent on.

I agree. No matter how big is your salary, if u still fail at money management, even 10k is not enough. When i was still single last year, my salary was 2400, and i can live comfortably. And by my definition of comfortable, I mean I have adequate food, roof on top of my head, money for parent, for entertainment and savings. Come on, don't tell me u are fresh grad, and u are expecting to own BMW, live in condo and so on. For time being, be thankful u even have a job, considering the facts its hard for fresh grad to get a job nowadays. As time goes, your salary will go higher, and u can improve your lifestyle.

And again, as mentioned, u have 2.5k salary, live a 2.5k life.

Rent and utilities RM370
Transport RM100
Food and Grocery RM500
Insurance RM200
Misc RM200
Phone + Internet – With umobile and cheap data plan or sharing, one can keep below RM60. Depends on how you do it la. You have an option. You do not have to buy an iphone and subscribe some RM100+ plans from maxis.

Estimated: RM1430. If net salary 2.2k, still have about 30% for savings, OK what. First 2 years working, don’t really need to buy insurance yet. Better to have more money in your bank account. Plus one can go for cheap and basic insurance… when you are young, cost less than 1k per year, and possible keep it below 500 too, depending on what you want. Don’t need fancy investment-linked plan, costing RM200-250 a month.

I do eat out, buffets, etc… but I also cook. And then, there’s groupon. Use it. Everything is possible.

Then u r really 1 of the lucky ones. Is quite possible if join a small company to get such raise. If big corporate usually is the Bonus side that is more but some both are also low.

Mine rm2100 after epf..

Rental rm130
Car loan rm390
Petrol rm280
Ptptn rm150 @ rm100
Parent rm300
Food rm450
Topup, internet etc rm120
Saving rm250.

Damn..

Is this your assumption or your real life expenses?
From your breakdown, I don't see any expenses related with CAR, so you might be having bike as your transport
--> Unfortunately majority of the ppl in Klang Valley are using CARs and how much they need to pay on their loan? 300-600 average according to 2500 salary earner

Besides, petrol wise impossible 100 can settle in a month and petrol is not belongs to optional category, it is a MUST spend category unless you walk to your workplace. So average 200-400 include toll according to 2500 salary earner

After that, utility 100? Internet usage plus all the electric bill , water bill , house maintenance etc can simply use more than 100.

Meal RM10 daily? Average RM15 a day also very very hard to get nowadays due to the F&B price getting higher and higher

RM20 for cigarettes?Do you think regular smoker will only spend RM20 a month?Obviously you are not a smoker my friend
--> A normal smoker average finished a pack in 2 days, max 3 day. 1 month by simple math simply can spend RM300, how about heavy smoker?

At the end, everyone can survive at RM2500 but hardly to SAVE at this amount of salary.

you should cutdown parent to RM200 and food to RM300..
instead of eating 3days a meal, try 2days a meal

now susah later you will senang

rental RM130?
i assume you're not working in KL?

How do people here spent RM 300 on food in KL area? I dont think thats very healthy or even possible especially for guys who stay alone and not with family. I dont think its very possible to cook if you are working full time job (with OT culture) and staying alone. Cooking for 1 person is sometimes more expensive then eating out.

1 plate of mee/chicken rice already costs about RM 5 in KL. Mixed rice unless you dont eat meat, if not also around that price. Certain areas in KL like bangsar, Mid valley, or KLCC, food there is even more expensive. Even if you dont order drinks also will be near RM 10 per meal at least.

That is if you eat at the cheapest possible place every meal every day. Normally people also will have to mix with colleagues who eat at different places, some place sure will be more expensive then others.


I think food budget RM500 for KL area is more realistic. Even then you have to watch every sen you spent and think carefully what type of food you order. You also have to limit yourself eat with people/colleagues outside max 1-2 times per month max.

Abit hard to achieve IMO. People can say they eat white rice/bread every meal to survive, but in practice how many people can really do that?

I rent a small flat at puchong.. Rm130 monthly. Shared with my friend. Per room rm260..

maskedchan i just wanna pay back my parents. Thats why i give them rm300. During my study, i always asked for money. So now time to repay back to them. I dont mind. Hehe.. But, rm300 for food is quite impossible in kl. Actually, rm300 is possible, but need to save really hard. Eat only rice + chicken + air sejuk kosong, can la rm300 per month. But sometimes i order rice + fried chicken at mamak also rm5 already. Sighh.. Now petrol increase already. Hmm. Food price will also increase then.

I just work to keep survive in this cruel world. Pity me

paying back not now...when you earn more, pay back more..earn less pay less..do you think they need a lot money to use now?

RM300 is possible actually, afternoon eat economy rice + vege only. at night eco rice + vege + meat. this diet also good for your health.
don't eat mamak as it is expensive...how about try malay stall, more cheaper

i'm freshie for bout 3 months plus, and i honestly dun think freshies shud expect usually overrated pay cheques to deserve living what "comfortable life", it is commonly perceived freshies shud gain their experience/knowledge to their fullest; thus comfortable life seems redundant at this stage.

u wanna comfortable life as a freshie? i bet rm4k u wont be satisfied yet.

haha very well said

stupid GENERATION TOFU only thinking in dreamland

then cry 2 mummy when kena bully by big bosses but their actual intention is just 2 testing strength and make you stronger

i pakar HR already had 4 left after only 2 days working in my 1 month stay today

a little bit out of topic, but I wonder how much saving and how long required for a fresh grad to get an ok house (say condo with 2 rooms?) in city and proper marriage (here oso have to spend a lot...sigh....)? car doesn't matter for me as I am fine with cheap 2nd car out there

I think it is the price of the property that comes into play, you can get 600k-700k soho in the down town of KL, but you can also get a 1,000 sf 3 rooms apartment in the outskirt of KL for about 300k.

it depends on what type of property you want and the location too. so if you are talking about a 400-500k apartment/condo, I think by 30 you should be able to fork out the downpayment (many projects are with discount anyway) and to apply for such loan with your at least 5k salary (assuming if you start working at the age of 23, 7 years to get up to 5k salary is not impossible, many achieve it even with 3-5 years), you put aside your savings monthly, i'm sure you can do that.

yea, I do aware the price is diff subject to location..let's take 400-500k, a 10% down payment require 40-50k, so I guess having a saving of 100k is sufficient?
I need to save money for child as well, how much should I consider there?


salary wise i m not so worried..things is gonna be ok there..

This post has been edited by sheng291: Oct 12 2014, 12:18 PM

with that, don't think you will have to worry about that. 100k is good enough, in my opinion. if you can save 2k or more every month, should be good.

I believe 2k saving is not a problem, but not sure after nid to pay installement for house and after child born..so tink nid to save enough 1st...haha
thanks for the advice!

after deduction is 1500

stay with parent
food: 300
tel bill & data plan :60
allowance for parent :200
simple insurance aka endownment plan: 100
petrol :50
misc: 150

balance: 640 ( striving to save to rm750)