QUOTE(hijklmn87 @ Feb 9 2020, 06:40 PM)
32 Years Old Now
Married with 2 kids
Cash in Hand
Rm 30k
Investment
ASB - Rm 120k
ASBF Rm 200k (Loan still have 198k)
PM - Rm 5k
EPF - Rm 100k
Assets
Landed House - Rm 350k (Fully Paid)
Studio Houde - Rm 300k
2 Cars - Worth Rm 100k now
Liability
Studio House - Rm 152k
Car - Rm 90k
CC Loan - 25k
Until now dont know whether im on the right track or not. Got sifu can advise ?
You are not doing too badlyMarried with 2 kids
Cash in Hand
Rm 30k
Investment
ASB - Rm 120k
ASBF Rm 200k (Loan still have 198k)
PM - Rm 5k
EPF - Rm 100k
Assets
Landed House - Rm 350k (Fully Paid)
Studio Houde - Rm 300k
2 Cars - Worth Rm 100k now
Liability
Studio House - Rm 152k
Car - Rm 90k
CC Loan - 25k
Until now dont know whether im on the right track or not. Got sifu can advise ?
Need a few more info to calculate your financial ratios before drawing a conclusion, but at least you have positive net worth
Kinda shit liquidity though, probably shittier liquidity ratio (can't be known withouts knowing your commitments and income)
Can be better, but not bad. Don't feel too good about it, you can work on it to make your finances more robust
Feb 9 2020, 06:44 PM

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