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 Saving for the Future vs Making My Wife Happy

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msacras
post Jan 21 2025, 10:01 PM

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QUOTE(Lonelybird @ Jan 21 2025, 09:31 PM)
Can if we adjust lifestyle.

I can save 2k a month with 8k salary.

But now my wife not happy, i might reduce saving.
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Go Singkie, you easily save 2k SGD per month or more if you’re in frugal mode.
msacras
post Jan 21 2025, 10:20 PM

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QUOTE(Lonelybird @ Jan 21 2025, 10:13 PM)
Few months ago, my wife and i had a disagreement about buying a new car.

She wanted a new model of X50, while i preferred a more affordable Proton Saga.

The discussion turned into a heated argument because she think that better car have better quality and last longer.

The X50 installment could eating up my entire monthly saving, and i eventually dropped the idea of buying a new car, opting to continue driving my old livina instead.
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I kid you not, the middle ground and ultimate solution is myvi/ativa.

It’s pricier than saga on first look but the long term maintenance and retaining of resale value can take any potong car for a beating.
msacras
post Jan 22 2025, 12:57 PM

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duplicated

This post has been edited by msacras: Jan 22 2025, 12:58 PM
msacras
post Jan 22 2025, 12:57 PM

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QUOTE(MegaCanonF @ Jan 22 2025, 10:57 AM)
Too frugal is not good oso. I understand your wife POV.

You are only in your 30's once. Yes, saving is important, but you also need to allocate some of your current money to have a bit of fun. You will not get back the time and energy today.

That is why I sign up for all the A races and travel to my preferred place before I get old or busy with kids , having no regrets.

What use for the saved up money if you are already old age when your body are not cooperating anymore.

The tricky part though is balancing , not too much YOLO but not too frugal. This however needs discussion with your wife and managing expectations.
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Dif ppl have dif expenses and risk appetites

Some may think they need 2-4M to safely retire, while others may settle for just 200-400k.

What’s important is to sit down and properly plan for how much you’ll need when you retired.

Though one thing Im kind of unorthodox on, which is freshie’s expenses. There’s really not much point to save mere RM200-400 when you're freshies. It don’t bring much to the table. What’s more important is to monitor and advance your career growth quickly/steadily.

This post has been edited by msacras: Jan 22 2025, 01:05 PM
msacras
post Jan 25 2025, 04:19 PM

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QUOTE(OrganicRepublic @ Jan 24 2025, 08:38 AM)
3rd option
Make more than 8k, it’s a legit answer
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Simplified answer, go SG.

Most (if not all) at least double their monthly savings (and likely commitments too) simply by going SG.
msacras
post Jan 25 2025, 08:55 PM

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QUOTE(Skylinestar @ Jan 25 2025, 06:14 PM)
trust me. the greed doesn't end, and you will still be unhappy.
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Possible, but at least you’ll get yourself a house (in MY) first before start worrying for those.

QUOTE(malz89 @ Jan 25 2025, 06:34 PM)
Lol .. u suffer more in sg .. can hardly save up and often low-ball.
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If you get lowballed in SG, chances are you already get lowball-pro-plus-max-ultra in MY.

 

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