Just a quick question, can an accountant go offshore? Haha.. I know O&G is a cash cow industry so thought of getting into this field but, hmm what can an accountant do on oil rig? ahaha.. a dumb question I assumed. Sigh, hope I can be one of you guys soon enough. Am already 22 and still earning very little...

Doesn't matter, made in Msia or Imported product...

Just make sure you know where ur talent lies.. (am still searching for mine too)

Going back to the topic, In my opinion, earning 5k isnt that hard for ppl below 28 years BUT it depends on how much you can save at the end of the day that matters. I have yet to earn 5k cause am just 24 (unless you want to convert my current S$ to RM, thats different story all together). So just wondering, how much do you guys roughly save up till now? Be it unit trust, shares or investment?

3.5k per month * 24 months - RM84K. Wow! You can easily buy a house now!

Precisely, the more you earn, the more you'd want to show off, buy new car, buy new house, but everything will be on loan/credit. Once kena retrenched, habis...

A house can only be called as an investment if you hold it for capital appreciation or for rental purpose. But most of the time, young executive stays in, so indirectly it becomes a 30 years liability rather than asset. It can only be called an asset when your monthly rental income > your monthly installment or when your Selling price > cost (House + Reno). However, it is everyone's dream to own a house including myself, so only buy within your means.

Just saw that you are working in airline, well the airline industry is scalling back, better have a proper budget planning.

This post has been edited by chess_gal: Nov 27 2009, 01:51 PM

Pretty good pay, 9 years of experience. Based in Msia?

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.