planning is important

don't spend lavishly... home cooked foods.... can save quite sums

got any passive income or not?

not that I know off...

just the ordinary EPF & some ASM funds

keep it up! great planning and control

Penang Island expensive lah, it's same everywhere, a tale of 2 cities. Beautiful laid back city, if wealthy.

Unker keeping quiet many weeks liao. Self reflecting.

Auntie just gifted 18 yo son in Mar, $1.6M landed b4 he goes Monash. Auntie takut inflation. Kakak-kakak pun sudah dapat their own.

Yet, Unker can survive on $1.5K/month. Petrol, 4D, work lunch when Unker belanja co workers, are my major expenses.

Unker get choice of cars to drive n free meals for breakfast, dinner n all weekend makan...now almost every weekend, task to distribute musang king to neighbours.

Unker hoping strike 4D jackpot or crypto 20X, then can buy own Maruah.

Just sharing, don't tembak Unker, no mood to defend.

1.6 million at such a fine age...

unker got very well distributed investment, i only see MUSANG KING.

crypto 20x is nice too

it depends on your lifestyle bro..
if hari hari makan shark fin of course RM 50K wont be enough lo..
but notice the price at Penang is more expensive than in KL..not sure this is because i makan at tourist area..mcallister there..

totally agreed on this..
eat out for 2 person..minimum RM 250
with this RM 250, go NSK can buy 1 week food supplies..

Rm250 for 2??

Hotel foods???

I like to calculate my yearly expenses, then I know how much money is needed. Monthly is not accurate due to different expenses at different times of the year. If I did a simple one like below, averagely for 2 person also need RM3k per month these days. Haven't included KTM yet



For me and my wife, currently, I need 80k per annum, which is under RM7k a month. Coz I include expenses like medical card insurances, cost for 2 cars, and many more which I removed from above example. Even my daily meal I put RM25 each. Thus, with 80k and with a conservative 4.5% returns pa, I need assets amounting to under RM2m to generate the yearly returns in order not to touch the capital. But as me and my wife age and as inflation catch up, we will eventually start tapping into the capital which should last us till 75-80 years if we live that long We have no children, and that helps. Or to some, the expect got children to help when golden years come.

I had to top up my allowance to my elderly mum during pandemic days when FD rates were super low. She couldn't get enough interest to cover her expenses even though she didn't need much. Now that FD naik, I am happy once again coz we got no home or car loan. Debt free is bliss.

I also hoping for jackpot, tak mali mali pun

Actually Penang not that expensive except for buying a home. Otherwise, food and normal consumables, same saje with KV, could even be cheaper. In fact, no need to pay tolls unless you going across to mainland. Here in KV, it's almost impossible to avoid tolls when going out to see friends or family or for some jalan2 during weekend. My monthly toll already close to RM150 p/m.

Me pun sharing je.

RM250 cannot even buy you a nice romantic dinner these days 🤦‍♀️

Buffet 😂 most likely he meant for a week

Ahhhh....

Then it's logical 😁

But can still cut down.... If u reduce the eating time per day or portion....

This post has been edited by nexona88: May 26 2023, 02:24 PM

If it is buffet you will get best bang for your bucks if you fast the whole day and then whack the buffet 🤦‍♀️ but be careful some might get sick easily from overeating 😂

On the contrary, works by Ida Auken; Jessi Streib.
3 generations.curse?
Let's hope it stops with Unker.

Thanks for sharing the budgeting table. I feel that the food costs are higher these days and portions are smaller in Penang. Rm20 would be just nice for one pax per meal per day. Drinks at kopitiams in Penang are also mandatory😂

Butterworth or BM or Kulim how? Cost of living I mean.

I’m not sure, but would expect mainland side would be slightly lower.

i would think so expensive meal was the message he wanted to tell us.

only people with thought incoherence can think he meant RM250 is buffet for 2 pax for a week...sigh..
totally illogical huh?



thought incoherence ? read in context lah
dont just simply blah without thinking.

he said that Rm250 a meal is expensive, cook ourselves can feed for 1 week

Not telling u RM250 you can go eat buffet for 2 pax for a week!!
Wake up bruh
1 buffet is how much now do you know?
1 week only RM250 for 2?

Read properly in context in the 1st place 🤦‍♀️ rm250 was either implying a buffet or weekly allowance for meals at home 🤦‍♀️ only ppl like you will eat more expensive like abalone when rm250 is not enough 🤦‍♀️ I myself can budget rm50 for a week cooking for myself 🤦‍♀️

The older you get...post-retirement, the lesser you spend on meals.