On the contrary, I believe that many of those queueing for hokkaido cheese tart are part of the 3 out of 4. Why? Because most of them are hipsters and trend followers who are known to live in heavy debts just to support their "cool" lifestyle.

Ironically, from my observation, people in the richer parts of klang Valley are usually the ones with none or minimal savings as opposed to people outside of klang Valley. They usually get to save more since they ain't got much entertainment to spend their money on.

Nope, I wish I was that young. Oldfag d lerr me.

You would observe that people in richer parts of klang valley have more savings if you mainly compare between Chinese ppl but do bear in mind majority are the Malays.

Looking at Malays in KV (macai and crony not included), memang damn a lot are heavily in debt and have minimal savings. They constantly upgrade their lifestyle whenever they earn more resulting in them not being able to save. Everytime got promotion etc, will upgrade car, house etc. So end of the day no savings. More Malays in kampung tend to just maintain their lifestyles and live in old houses while saving the extra money earned.

Agreed with your points, but I just think that since 1 out of 4 ppl qualify for BR1M means that the other 2 from the 3 out of 4 who can't raise rm1000 are earning at least rm3k salary. For someone earning 3k a month and can't come up with 1k for emergency, it means either you have too many mouths to feed or your lifestyle choices is what caused it.

The reality is, there are quite a lot of pakai civic guna tayar second hand kinda ppl.

House loan 1700 means ur house loan itself already 350k+, honestly if you don't earn min 5k,should not go for house in that price range. Flats can get within 100k, monthly installment 500 only. The key is to not push your budget to the limit.

From your petrol and tol, can say you're traveling quite far to work, should have gotten a place nearer but guess too late now.

Agreed on this.