At 30, bought 1 super semi D cornet lot house and new Estima

With 3 kids ... salary just RM3.5k....it was damm burden and need very strong budgeting and spending

Good things, i sitting on pile of cash inherit from grandparent...but i told myself, i will not use their money unless no way out...

my family rarely travel oversea.. most time just go KL or Genting....

i also do part time car insurance agent....

manage to get average rm250-500 per month...

work slowly climb up and promote... by age 40, my salary almost 4x now...

Bought another 2 house to inherit to my kid else it will be hard for them to own house

Change my Estima to Alphard..

rent out 2 house and renovate 1 house 3 years ago and move out from parent

Finally stop my part time job to hv more freedom time. current 9-5 salary enough to cover my daily expenses and serving my loan...

might suffer at first.. but with proper planning... nothing impossible

i also do investment in mutual fund, extra contribution in EPF and SSPN (dont hv to worry on my kid education fees)...buying stock for future bit by bit...

expecting to hv balance 500k balance loans enough to paid with my saving, investment and still hv left over enough for retirement age up to 80+

I don't own BMW or Merc .. just driving a recon Alphard and wife driving 10+ years Axia.. living in normal double story house.....

My wife still using her only LV bag bought by my parent 15 years ago.... most time we use those Bonia or Pasar Malam bag to work

we avoid spend money just to look rich but prefer keep in bank and counting our money silently during free time ....

this more enjoy then showing off with car or luxury bag...

This post has been edited by stevenlee: Jun 19 2025, 09:37 AM

that correct..but i combine with my wife salary to afford the loan.... if you can afford house.. buy it before too late...

land are limited.. yearly inflation 3%-4%, price will definitely going up.. unless you plan to stay far away from city center..

if our current generation did not buy, it will be hard for coming generation...

sooner will become like HK/ Taiwan or China where the house loan will be pay by 2-3 family generation....

This post has been edited by stevenlee: Jun 19 2025, 09:57 AM

yeah... i change to new car after 11 years using my Estima...

those Gen Z , their parent can afford it...
so they just spend spend but never think if one day, their financial support is not around... will they survive with this kind of life style...

end up living paycheck to paycheck and complain everything expensive

my office got few high class coffee vending machine... occasionally can see those gen z drink from those vending machine...
each cup RM7-RM10... imagine drink for 26 days per month will cost RM260 just for coffee alone....

I only drink instant Nescafe O blend it from house and put in termos and bring to office

kalau landed property and mampu beli.... boleh aje bli terus... sebab landed biasa demand memang ada......
but studio.. itu kadang kadang kena pikir pikir sikit...
takut condo itu tukar jadi tempat operator/ orang asing kalau murah sangat...
takut management teruk tak jaga baik baik...
susah nak jual in future kalau tempat itu tak sesuai..