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 Personal Financial Management, Are you always lacking $$$$?

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aaronpang
post Jan 6 2007, 01:04 AM

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QUOTE(alexgoh2 @ Jan 5 2007, 12:39 PM)
You may get back your full sum when you turn 55 but inflation has already taken a big bite out of it.
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That's why it's a good idea to try and take out as much of it as possible before they fxxx it up for you!

Buying a home is a good place to start IMHO... through there you can make claims to withdraw your EPF funds and put it to good use...

QUOTE(dreamer101 @ Jan 5 2007, 10:20 PM)
If you pay 15% of your income on car and 25% on house (total =- 40%), you are on your way to financial ruin.  You just need to lose your job for a few months to be bankrupt.

In general, try NOT to pay for car and house at the same time.  Pay of the car first before your buy a house.?
You need to add in tax also.

Dreamer
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Crap I'm one of those ppl with 50% loan shocking.gif

What am I gonna do? icon_question.gif

This post has been edited by aaronpang: Jan 6 2007, 01:06 AM

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