this budget is around upper middle class level

lower working class is about 5k per month

i use to spend about 10k per month, eat anything anywhere go anywhere anytime in KL, so if you want to splurge can also blow your budget

Hence the workshop i went to. It was talking about the importance of life insurance. Say the family need some kind of IL policy to sustain this lifestyle for 5 years if one of the parent mati

As a single female below 30 living in Kl:

Master bedroom: RM800
Car: RM600 (MyVi)
Petrol and LRT fares: RM 300
Foods: RM 800 (Cook by myself and lunch hour in the office)
Shopping allocation: RM 500
Insurance: RM 400

RM 3400 for living cost alone

Parents: RM 700
Gold investment: RM 1000
Education loan: RM 1000

RM 6100

My salary is 6800 so I can save around RM 700 per month for emergency saving. Need to cook more at home/bring cooked foods to office. I cant imagine people who already has children and how they spend their money

oi beli umah ape loan 4ribu

gold investment nt considered saving ah?

Ayam at a workshop earlier today about insurance and one of the fun activities we did was estimating the cost of living for a family of 4 in KL.

The family
- Family of 4 with 2 parents and 2 kids
- Parents is 40 - 45 y/o and both kids between 2 - 4 y/o
- Living in KL

Cost of Living Estimation
- Housing Loan RM 4000 p/m
- Car loan RM 1,800 /n (1 Honda Civic and 1 Myvi)
- Food RM 1,500 p/m
- Insurance RM 600 p/m (Basic Term Life and Medical Card)
- Utility RM 800 p/m (Electricity, water and internet)
- Grocercies RM 400 p/m
- Transportation RM 400 p/m (Petrol and toll)
- Nursery School for kids RM 1,500 p/m

Total monthly expenses: RM 11,100 a month

Is this accurate ah? Come give feedback yo!

As a single female below 30 living in Kl:

Master bedroom: RM800
Car: RM600 (MyVi)
Petrol and LRT fares: RM 300
Foods: RM 800 (Cook by myself and lunch hour in the office)
Shopping allocation: RM 500
Insurance: RM 400

RM 3400 for living cost alone

Parents: RM 700
Gold investment: RM 1000
Education loan: RM 1000

RM 6100

My salary is 6800 so I can save around RM 700 per month for emergency saving. Need to cook more at home/bring cooked foods to office. I cant imagine people who already has children and how they spend their money

if you're gonna be using LRT anyway might as well sell the car and use grab, or downgrade to a basic axia

and your phone bill, cosmetics, car maintenance comes from shopping budget? that's tight

Car also can be lower la. If cannot survive still buy expensive car meh? 1 50k sedan and 1 40k Axia can d la. 1k per month instalment roughly.