Purely local, you cant possibly convert your foreign earnings into local currency for comparison, in that case every Malaysian working oversea would have exceeded that benchmark way before 28.

I think in the case of kotmj he means he is earning Mat Salleh currency IN Malaysia. You get that if you're expat'ed to your home country.

110% agreed....

what about working oversea project?
coz i get 50 euro(rm250) perdiem daily. so my salary rm9,000 + Rm7,500.
everymonth the company will bank in the total amount RM16,500 into my bank.

wooo... doing BI/BO alone can earn rm9k basic? so lucky u... i should consider going into BI then...

Using Singapore as example. Sure u can earn RM5k there but deduct living expenses, transport, service charges for the tech facilities there, working hour (which include over time sometimes without pay) per salary ratio....not worth it.

This post has been edited by LeechFever: Dec 31 2009, 01:34 PM

what is BI/BO

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Added on December 31, 2009, 2:26 pm

dude.. what kind of job you are doing? are you base in Malaysia or overseas. Sound very impressive when you can earn so much...

This post has been edited by Sea Monkeys: Dec 31 2009, 02:26 PM

If you work in Singapore and after convertion your salary is only RM5k, then you are seriously underpaid
Those hardworking factory operator can get SGD1500-1800, even higher than a manager working some small company back in JB after convertion, and they ARE NOT living in SG in whatever sense so all of their expenses is in Ringgit. The bad is the travelling and all the traffic jam at the causeway.

RM16,500, is impresive . how old are you chezzball?

hi all folks, it crossed in my mind to start business in repairing hand-phone since the way i look this field is quite promising judging from our Malaysian so fast embrace new technology. there is some sort of schools about how to repair hand-phone where i feel interested in learning it. so before i start a big leap in this field i want any advice about its future and how much should i invest. thanks & happy new year.

not necessarily liddat bro.. there're oso those that earns alot but spends proportionally much less..

if you succumb to comparisons (peer pressure, competing with the joneses, kiasu, "self gratified first and now" mentality, etc.) no amount of income can satisfy that..

there's something called 'residue income'.. i only spend on that 'residue income' and take interest at growing this 'residue income'.. this is some sort of 'living within my means' concept.. my residue income is not small btw.. i only utilize a fraction (~10%) of it.. and i don't feel deprived at all..

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Added on January 2, 2010, 2:33 amthe thing that i observed about mlm-ers is that.. it's not a long term solution.

try to get a good front-seat position as soon as possible and grow recruits as quickly as possible.. while the music still plays and things are still good, they spend on luxuries as some sort of a lure to recruits more..

only those impressionable and vulnerable people fall into this lure.. their merc/bmw/banglo/banglas are their necessary cost of business (would you be interested to goto rah-rah session.. if the successful mlm'ers live a plain vanilla life even if their wealthy?)

it's just like any salesman.. they have to spend inorder to look rich/good/successful.. if one looks beyond those imagery/symbolism.. it's just another race in the pyramid game.

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Added on January 2, 2010, 2:45 ami rike to take a different view here.. on the higher echelons of the maslow hierarchy of needs, are not any of the items you've depicted there..

in other words.. you're just being fooled by a cunning scheme called 'marketing'.. that somehow created a false need in people that stuff like iphone, felalei, sharkfin, lv, d'sara heights, honeyken, sifut chow, etc.. is a necessity albeit never fully satisfied path to an evolved and luxury living?!? who defines that again?

the very basis of our current economy is built on a very unsustainable platform.. consumption, scarcity and profit are all expected to go one-way.. north, without giving any consideration of the amount of resources and the consequences towards this unsustainable endevours..

so, jumping off the economy train and get left behind isn't all that bad.. when you know that the train is heading off a cliff around a bend!!


This post has been edited by lwb: Jan 2 2010, 02:49 AM

if u wanna compare foreign income need to do a dollar to dollar exchange since working and living there, unless u are working here and u getting foreign currency

like the bic mac index, rite?

when you start to describe chrissie chau as a product that has a price tag, then you are dangerously on the extreme side of materialism.

as I understand it, chrissie chau's bf is a small time hairdresser. the person with smaller wallet , compared to the other millionaires who want her, get to enjoy his life with her (physically and emotionally). that's happiness money can't buy.

true everybody have desires so that they can be happy. but careful not to be too materialistic.

that's the point of vey99's post. spend within your means and have stability in body & soul so that you can chase ur happiness and dreams (which most prolly can't be bought). dun miss the point.. he doesn't mean settle for least, just be realistic.

This post has been edited by mr rocko: Jan 2 2010, 03:18 PM

basically, u need a bit of luck to find a good job with high salary

I personally believe LUCK is the most important factor.

Promising industry right now would be oil and gas in my opinion. Going offshore definitely can save a lot of money because you can't really spend your money atas laut, ryte?

LUCK is Learn Using Correct Knowledge bro

Sometimes we are so caught up in materialism, the affordable things are seen as not good enough. I really dislike it when I am in KL for example, more and more 'abnormal' shops coming up (normal as in going into a coffee shop getting say wan tan mee)- with these type of shops they cost say Rm 10 bucks minimum per pax for a wantan mee and drink, or chicken rice with drink. Not necessary taste better since the boss are just in to make money. Its getting bad in KL really.

RM 50 at least now per outing in Midvalley with your date- RM 11 x 2, Parking and fuel RM 5, Small Meal for two RM 23. What happen to the times where dates can happen by taking a ride down to the park/beach and buying some pisang goreng on the way? Cuddles and whispering sweet nothings? Thing is now even the girls are programmed- if your bf does the park/beach stuff only, she don't have face to show others.

that's the problem with KL and I'm seeing the same trend in the smaller towns. RM 15 for a cup of coffee, Lemonade priced at RM5 which is actually Sprite with a squeeze and slice of lemon costing below RM1.

People are willing to pay, when last time the older generations (your mom/pop/grandpa/grandma) will have shunned such establishment with the exorbitant prices.

Who said malaysian engineer are not working hard enough ? And who are you to judge. This kinda post is really

No passion in engineering ? perhaps you are the rotten apple who doesnt have the passion of enginnering , thus not working hard enough and lamented in the forum. Or perhaps you're not experience enough in the workforce to understand anything.

Most high paying executives are in fact doing nothing , what they do is they " DELEGATE " the jobs , thats why they are called " MANAGEMENT " . or perhaps you wont understand the importance of management in a successful business.

Manage ppl is hardest task of all compared to whatever ur working now. Dats y the management ppl is nicely paid.

As for materialism, it catch up with every ppl. It not KL fault dat ppl become more materialistic. It need to hands to clap. One ppl sell wantan mee at rm10 right infront of u. Another sell at better wantan mee at rm5 few street across. You might just opt for the rm10 mee instead of wasting ur time and energy to go further since u still able to afford it.

Why ppl go midvalley and not sit at home? They rather pay rm11 to watch a movie rather den sitting at home watching tv3. Ppl work so hard and they are willing to spend a little more to have a little entertainment. Dates can be visit to a beach etc. But how many ppl lives next to a beach? Driving to PD isn't a good choice isn't it?

When pp talk about romance, they talk about titatic. How romantic they were etc etc. But they forget what they do on the ship is just eat, sleep, talk, romance and nth. No pressure. If we could have this in KL, ppl will hav less pressure and maybe less materialistic as what we saw in other states.

In KL u earn more, u spend more. Other places u earn less u spend less. The quality and pressure of living is the only thing that set both places apart.