yea below is my breakdown..



This post has been edited by SejukCerita: Oct 4 2018, 11:10 AM

cant view wo..

paiseh, edited post

this! haha.. i ran a spreadsheet updating my budgets every 2-3 months for check and balance.. haha
best practice XD

whoaaaa..not much left... i remember last time i'm left with 50-100 every month after deducting all expenses... saved 2-3 months.. then something came up... all gone lol.

hmmm
is kinda cekik...
not to forget...
ur car maintenance (road tax, insurance, service, part like tyres, brake pads)....
house bill,cukai quit rent indah, fire insurance, maintenance (if G&G)

btw..rm230 enuf to makan ar?

where is the house?

Ya will need to cut down from misc cost... Rm250 cukup makan geh.. my working area can find very cheap food

Btw it's cradleton ecomajestic

semenyih? where is ur working place btw?

Hi bro, yup semenyih. My working place is balakong area

Don't do that. You will cry before 1st year. Spend what you can afford. Balance of RM 1k+ monthly, not including makan, petrol, etc. Unless you have other side income.

hi bro, my partner offer to share a portion of installment with me.. so with luck i have a little bit more of balance. please refer below is it healthy?

I think rule of thumb of buying a property is

At this era
Unless you ve decided to stay in that place until you old, do NOT buy just rent enough.
And dont spend more than 20% of your net worth.

The last thing u want is to paying so much amount per month and your life/emotional crumble

Thanks for the input.. the reason why we (me and my partner) are so anxious and eager to buy the prop is because:-

1) we prefer landed prop
2) house price increasing every year and hard to find similar price tag though market seems to slow down and stagnant now
3) the quality of neighbourhood.. not too 'chap'
4) decent value for money (in terms of living quality) imo

we human buy something because of emotion and we justify with logic

unless unless UNLESS you can make sure your income grows at least 10% annually
then its really not the right time for you to buy a house

if your gf can join loan why not join pay the installment? 20-50% maybe

true.. i have to admit i am not quite ready to own a property of that price tag financially and emotionally.. maybe i need to lower down my expectation to maybe around 400-450k ish

she can join to pay loan together but her extra cash per month is rm500 only

sometimes we tend to ignore the emotional side of us and think think think logically
at the end, you know what? it explode

the truth is like i said we do stuff emotionally and justify with logic


we all need vacation, eat good food, shopping, buy stuff that make us feel good
and you look at your budget
do you include any of these?
ask yourself are you really happy at the end of day

unless u can make sure your income go up 10% every year, then its not the time, sit down and discuss with your partner, maybe its not the time yet

Looks like you gotten the numbers in order. But then, noticed the word 'GF'. Now, if you live long enough, i'm sure you bound to hear stories of house issues due to partners splitting / etc. If you're very sure of the partnership i.e. marriage in near future, then congratulations to you in advance.

What i'm trying to say, anything can happen. Weight everything properly. All the best.

thanks bro for sharing your thoughts and concern.. i will think it through

yea i did heard about some of these cases.. and yes i am very confident with our partnership because my gf is not materialistic type and more of a family woman type. in fact, purchasing a house is the first step of our life plan --> get married --> having children. at least thats our modus operandi at the moment..

And thank you kind sir for you advise