mortgage, car loan, credit card is already enough

in fact credit card/BNPL alone is enough

young malaysians' income today really cannot afford anything that they shouldn't be thinking about house or car and should NOT be owning any credit card
but reality is they did and it's bankrupting them
thus i'm gonna repeat myself time and time again, credit card is NOT a good thing...it will only make people spend more than what they can afford

why not
credit card, once u reach a level where you can only or can't even pay the minimum payment on the statement

it's game over aka either AKPK or bankruptcy

it won't take RM500k at all, the compounding interest + late payment fee every month is going to roll and kill you

This post has been edited by MR_alien: Nov 25 2025, 10:02 AM

nobody today truly can afford a house no matter how much you wanted it...so stop thinking about it

and you don't need credit card to show others that you have good credit...you just need to be able to show yourself peace

degree today has become too common
next thing you know degree is useless and masters is minimum
thn PHD is minimum and masters and degree is useless
thn what's next?

it's all heading to a dead end from where i see it

spend so much money to get this and that only to be offered minimum wage by HR/manager
with no way to pay off that education loan
and thn AI overtaking everything ain't helping one bit

This post has been edited by MR_alien: Nov 25 2025, 11:51 AM

yet another one that think that way which again leads to bankruptcy

RM1.5k per month which means household income need to be AT LEAST RM4.5k per month
that's just the mortgage

not yet including fire insurance(most basic), cukai pintu, renovation, downpayment, stamp duty
some are one time cost which u need to pay upfront, some are yearly payment

unless u really just wanna buy a 4 walled brick only

same as buying a car, it's not just the car alone...there is a whole lot more cost behind the scene waiting for you

This post has been edited by MR_alien: Nov 25 2025, 04:48 PM

again, you're thinking malaysia as a perfect world but it's sadly not

there's a reason why people keep going to withdraw their KWSP which we all know they shouldn't
these people don't even have emergency fund, they can't even fork out RM500 if you ask them to now(for whatever emergency)

BNM even revealed a very high percentage of malaysians has zero savings

so now, it's never about when....my answer is you're never gonna be able to afford it in your lifetime if you wanna be super realistic about it else you're gonna suffer for that 30 years just because you wanna buy low quality brick

If it's really that easy thn won't have so much people in the e-hailing and delivery business