Jul 2 2019, 10:56 AM
QUOTE(fun_feng @ Jun 19 2019, 01:39 PM)
I don't know whether his wealth will grow anot, i have no idea what industry he is in, his career projection.. likewise your fren dunno whether he get retrenched, get accident, or financial loss...
We can only plan for the worst and hope for the best.. and car=1 year gross income is part of a safe financial planning guideline..
From what i guess, he is near to 340k gross income in a few more years, y dont he just wait it out?
His savings come from inheritance or his income?
This!We can only plan for the worst and hope for the best.. and car=1 year gross income is part of a safe financial planning guideline..
From what i guess, he is near to 340k gross income in a few more years, y dont he just wait it out?
His savings come from inheritance or his income?
Many people calculated commitment base off % of monthly gross income then eventually cannot afford any further commitments in the future or when something shitty happens. This is what most dont see and end up "wearing a hat bigger than their head"
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