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 What's your monthly expenses

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TSsimplylegendary
post Aug 8 2017, 07:35 PM

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270 posts

Joined: Jul 2017
1. single 25yo 4-8k (range abit big, 8k is with variable)
2. family of two 30yo 5k
3. family of three 30yo 8k
4. family of three 29yo 8.5k
5. family of two 6.5k
6. single 30yo 2.7k (this one keng, think he has free food in hotel due to travels)

darkmusses
post Aug 8 2017, 08:50 PM

On my way
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Junior Member
595 posts

Joined: Nov 2008
From: Kuala Lumpur
30 and in LDR

Monthly exp :
Phone - RM60
Home Streamyx - RM100
Home Rental - RM125
Mum - RM600
Dad - RM200
SDB - RM100
Progressive interest - RM250 ( for now )
Food - RM1,000++
Shopping - nil to RM1,000++
TnG - RM100
Others - nil to RM1,000++ ( parents upfront for whatever reason )

Yearly exp :
Insurance Med - RM492
Insurance Life - RM1,422
Insurance Prop - RM1,200
SDB - RM800

Others :
ACCA annual fee in GBP whistling.gif
ACCA exam in GBP
ACCA classes - RM2,000 (June and Dec )
Monthly rental - RM4,500 to RM10,000++ ( 3 times a year when partner with me not include shopping, groceries, food and transport )

*Somehow feel the list incomplete .. Will add if remembered

P/s: Does spending 22k++ on C bag include ?? This one ad-hoc I had spent this year so far .. Lol


daf200
post Aug 9 2017, 01:40 PM

New Member
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Junior Member
24 posts

Joined: Jul 2017
rental - 2300
water + eletricity - 300
parents - 2600 (havent plus special festival)
telco - 200
internet - 120
insurance + saving plan - 1583
car oil - 720 (7 times per month)
food - 6000
entertainment - 5000
18823 per month

age 27 not married have a gf.
ketupatlazat
post Aug 9 2017, 10:11 PM

On my way
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Junior Member
555 posts

Joined: Aug 2013
From: Bolehland
Fam of 3

Commitment with banks: RM2060
Other living expenses that you can think of as a normal middle class in KV, including entertainment: RM4060

Total: RM6120
kradun
post Aug 9 2017, 11:00 PM

Enthusiast
*****
Senior Member
989 posts

Joined: Feb 2008


Me(31), Wife (31), Kid (2)

House 1,221
Car 1,000
Parents 750
Car Maintenance & Insurance 308
Petrol & Touch N Go 1,000
Utilities 50
Groceries 400
Insurance 268
Telco 180
Kid 1,500
Misc 1,000
Total 7,677

workaholic
post Aug 10 2017, 09:28 AM

Getting Started
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Junior Member
126 posts

Joined: Jun 2007
33, single & 2 retired parents.

Monthly fixed expenditure:
Bank loans 7,500
Insurance 772.95
Car insurance 211.83
EPF self contribution 416.67
Road tax 36.5
Quit rents 31.67
Assessment fees 174.32
Property insurance 106.68
Parent 2,708.33
Broadband 189
Fix home line 28
Mobile 103.88
Indahwater 8.48

Non-fixed expenditure:
Petrol 300 - 600
Toll 100 - 200
Parking 0 - 100
Food 0 - 20 (3 meals at home, staying with parent)

Total 12,688.31 - 13,208.31
trytobethebest
post Aug 10 2017, 01:08 PM

New Member
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Junior Member
13 posts

Joined: Jan 2017
QUOTE(daf200 @ Aug 9 2017, 01:40 PM)
rental - 2300
water + eletricity - 300
parents - 2600 (havent plus special festival)
telco - 200
internet - 120
insurance + saving plan - 1583
car oil - 720 (7 times per month)
food - 6000
entertainment - 5000
18823 per month

age 27 not married have a gf.
*
6000 for food 5000 for entertainment? good life bro
yageosamsung
post Aug 10 2017, 01:42 PM

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Junior Member
84 posts

Joined: Jun 2017


I personally think that it is better to calculate or plan your monthly expenses by the percentage of your net income.
My example:
Age <30
Married, one kid
Used 2nd hand car, stay together in parents house.

10%- give to parents
15%- petrol and food (lunch during working day)
10%- Insurance
25%- Expenses (mobile, dinner, for wife and kid...)
20%- Invest in Unit trust
10%- Saving account (save for emergency fund)
10%- Others (PTPTN, misc. expenses... )

Generally have no entertainment.


workaholic
post Aug 10 2017, 02:22 PM

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Junior Member
126 posts

Joined: Jun 2007
QUOTE(Contestant @ Aug 10 2017, 02:06 PM)
Bank loan is for property? Own stay or rented out?
*
1 own stay, another rented out.
daimGeno
post Aug 10 2017, 03:30 PM

Casual
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Junior Member
348 posts

Joined: Dec 2016



QUOTE(workaholic @ Aug 10 2017, 09:28 AM)
33, single & 2 retired parents.

Monthly fixed expenditure:
Bank loans 7,500
Insurance 772.95
Car insurance 211.83
EPF self contribution 416.67
Road tax 36.5
Quit rents 31.67
Assessment fees 174.32
Property insurance 106.68
Parent 2,708.33
Broadband 189
Fix home line 28
Mobile 103.88
Indahwater 8.48

Non-fixed expenditure:
Petrol 300 - 600
Toll 100 - 200
Parking 0 - 100
Food 0 - 20 (3 meals at home, staying with parent)

Total 12,688.31 - 13,208.31
*
bank loan 7500??
the total only take 3 times my monthly salary sweat.gif
sacwoc
post Aug 10 2017, 04:13 PM

Casual
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Junior Member
306 posts

Joined: May 2011
Mine would be in HKD if anyone is interested
realitec
post Aug 10 2017, 04:30 PM

Emiko for life~
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Senior Member
2,934 posts

Joined: May 2017
From: Labuan Federal Territory


QUOTE(sacwoc @ Aug 10 2017, 04:13 PM)
Mine would be in HKD if anyone is interested
*
Yes please share.
sacwoc
post Aug 10 2017, 05:01 PM

Casual
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Junior Member
306 posts

Joined: May 2011
Late 30s, wife early 30 and a daughter

Fixed expenditure:
Phone and internet: HKD400
Insurance: MYR 900 and HKD 2000
School Fee: HKD7500
Utilties: HKD1500
Rent: 20000

Variable:
Daily necessities: HKD10000
Pocket money that includes transportation: HKD5000x 2.

I also have about monthly 5000MYR commitment in Malaysia as well.

Total just for HKD is about 52000HKD
mikelee82
post Aug 10 2017, 07:25 PM

New Member
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Junior Member
26 posts

Joined: May 2016


House loan 3k
Grocery 1k
Car loan 1.5k
Utilities 600
Transport 500
Insurance 1k
Parents 2k

couple, mid 30.


kidmad
post Aug 10 2017, 07:33 PM

Look at all my stars!!
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Senior Member
4,482 posts

Joined: Jul 2005
QUOTE(sacwoc @ Aug 10 2017, 05:01 PM)
Late 30s, wife early 30 and a daughter

Fixed expenditure:
Phone and internet: HKD400
Insurance: MYR 900 and HKD 2000
School Fee: HKD7500
Utilties: HKD1500
Rent: 20000

Variable:
Daily necessities: HKD10000
Pocket money that includes transportation:  HKD5000x 2.

I also have about monthly 5000MYR commitment in Malaysia as well.

Total just for HKD is about 52000HKD
*
Your working exec or having your own business in HK? What's the average working adult down there? HKD 52,000 seems to be pretty high no?
TSsimplylegendary
post Aug 11 2017, 12:09 AM

Getting Started
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Junior Member
270 posts

Joined: Jul 2017
QUOTE(sacwoc @ Aug 10 2017, 05:01 PM)
Late 30s, wife early 30 and a daughter

Fixed expenditure:
Phone and internet: HKD400
Insurance: MYR 900 and HKD 2000
School Fee: HKD7500
Utilties: HKD1500
Rent: 20000

Variable:
Daily necessities: HKD10000
Pocket money that includes transportation:  HKD5000x 2.

I also have about monthly 5000MYR commitment in Malaysia as well.

Total just for HKD is about 52000HKD
*
That's a very comfortable living in Malaysia, even in HK that is pretty comfy expenditure lifestyle. smile.gif

Mind sharing how much % you put into savings?

This post has been edited by simplylegendary: Aug 11 2017, 12:10 AM
TSsimplylegendary
post Aug 11 2017, 12:10 AM

Getting Started
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Junior Member
270 posts

Joined: Jul 2017
QUOTE(daimGeno @ Aug 10 2017, 03:30 PM)
bank loan 7500??
the total only take 3 times my monthly salary  sweat.gif
*
Should be two very nice houses smile.gif
sacwoc
post Aug 11 2017, 09:06 AM

Casual
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Junior Member
306 posts

Joined: May 2011
QUOTE(kidmad @ Aug 10 2017, 07:33 PM)
Your working exec or having your own business in HK? What's the average working adult down there? HKD 52,000 seems to be pretty high no?
*
I am at management level. My wife do work as well. As for average, I am not too sure, I think its HKD40K/month

QUOTE(simplylegendary @ Aug 11 2017, 12:09 AM)
That's a very comfortable living in Malaysia, even in HK that is pretty comfy expenditure lifestyle. smile.gif

Mind sharing how much % you put into savings?
*
Actually with the rent I am paying I can get a very comfortable apartment in MT Kiara but not in HK. Just about average size. Also n ot having a car really save a lot.

On average I save 50% of our salary.
TSsimplylegendary
post Aug 11 2017, 10:21 AM

Getting Started
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Junior Member
270 posts

Joined: Jul 2017
QUOTE(sacwoc @ Aug 11 2017, 09:06 AM)
I am at management level. My wife do work as well.  As for average, I am not too sure, I think its HKD40K/month
Actually with the rent I am paying I can get a very comfortable apartment in MT Kiara but not in HK. Just about average size. Also n ot having a car really save a lot.

On average I save 50% of our salary.
*
I think fresh grad in HK about HKD10k, around 5k+- MYR. HKD40k maybe after 20-30 years for average ppl.

And yea, very easy to travel around without car so that's a good saver smile.gif

sacwoc
post Aug 11 2017, 10:55 AM

Casual
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Junior Member
306 posts

Joined: May 2011
QUOTE(simplylegendary @ Aug 11 2017, 10:21 AM)
I think fresh grad in HK about HKD10k, around 5k+- MYR. HKD40k maybe after 20-30 years for average ppl.

And yea, very easy to travel around without car so that's a good saver smile.gif
*
Fresh graduate on average is HKD15K now. Yea you are right for HKD40K - thats the average salary for mid income family.

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