I always pay myself 1st every month. After banking into my mum, car loan and study loan, all the rest - 60% is for myself.
I have virtually 0 expenditure, not even petrol or phone. Food too!!
(company subsidized)

But whenever I go back to Malaysia, my accounts will automatically drop to 0

But isnt it only heavy user that charges will be less than the discount + goods?
Usually light user that hardly spend dun use that much discount too....charges pay a lot lar....

i agree bout the heavy user thing..
alot of the goods u redeem need a lot of points..
@goldfries: i see.. ok.. i didn't mean any malicious intent by that statement i just wanted to know more detail..

For me, I only sign up credit card which is free annual fee. So, there is no charge for me even I do use or do not use the credit card.

Make sure you pay the credit card bill every month, then no charge you have to pay, and you can get discount when shopping, dining or doing auto payment of your utilities bills.

yeh... credit card got its benefit if we never over use it...

ehh - can you give an example of what you're talking about? cos even the definition of heavy vs light is vague enough already.

but do remember that CC beside being a CREDIT card, it is also helpful to make things more convenient. for example, paying using CC at petrol kiosk, it's very fast and best of all i don't have to carry around cash or withdraw cash to pump petrol
don't worry, me don't see your post that way - hence only explanations.

For me, I only sign up credit card which is free annual fee. So, there is no charge for me even I do use or do not use the credit card.

Make sure you pay the credit card bill every month, then no charge you have to pay, and you can get discount when shopping, dining or doing auto payment of your utilities bills.

i only use credit card whenever i can so that i can collect points, i just think in terms of more value for my money lah since i get extra stuff mah
give example: u buy cash RM100 n get the item only
i use my credit card buy RM100 n i get 1 point then i use it that 1 point and get RM100 McDonald voucher to eat
which do u think is worth more?

good point since its not safe to carry cash anymore, but should carry some lah since if the robber don't get any money, they're going to be pissed off
annual fee is irrelevant anymore these days, u just say u cancel its free already

i only use credit card whenever i can so that i can collect points, i just think in terms of more value for my money lah since i get extra stuff mah
give example: u buy cash RM100 n get the item only
i use my credit card buy RM100 n i get 1 point then i use it that 1 point and get RM100 McDonald voucher to eat
which do u think is worth more?

If you pay the full amount of your bill every month, then there is no charge at all. So, make sure you have the cash to pay your CC bill every month.

I prefer to have free for life CC, cause it's a hassle as well for me to call them in advance to request for waiver. They might not waive your fee also, and we need to cancel the card if we don't want it anymore. I just prefer CC with no hassle at all....

any good recommendation? wanna ask got CC that direct cut from ur ac?

any good recommendation? wanna ask got CC that direct cut from ur ac?

5ive,

I think that is a BAD idea!!! If there is a billing mistake, your money will be gone from your bank A/C and you will NOT even know that.

Dreamer

5ive,

I think that is a BAD idea!!! If there is a billing mistake, your money will be gone from your bank A/C and you will NOT even know that.

Dreamer

For sure we have to check the credit card bill and saving account statement always.
For those who are using CC, I recommend you all record down all the transaction amount that you did with your CC, so that you can check if the bill is correct or not.

But then we should check it, isnt it?
even the usual CC we oso ought to check it, so i think no different.

By the time that you do your checking, the money might be gone from your A/C.  What if the CC company made a mistake in their computer and double billed you?? Stuff happened all the time.

Dreamer

Yeah. I think the problem is here.
I don't have education load or car loan 
The rooms in my area is around RM300-RM400 and I am living with my cousin. Trying to eat lesser now 
The calls are not related to my job but for my family and love one
Yeah. There was time when have to go to shopping mall restaurant or mamak which usually cost RM15-RM20 each visit. But I believe self-discipline very important in order to save money. I am following my own rules to cut food and phone cost now. Just see how much I can save later