I reckon more than 12k.

If I'm not mistaken, I had a tuition teacher who used to earn around 10 to 15k a month. Depends on how many hours of tuition he gives. He was around 40ish.

12k is not alot when you have a family of 3 or 4 assuming you (the spouse) does not work. This is also assuming that you want a fairly comfortable life and save up for your children's oversea education. I think with 12k and 1 children you will probably be going from hand to mouth for the next 2 to 3 years. With a new kid in the house, you will be needing alot of things to support him/her. Private medicate bills alone is not cheap!(nothing wrong with wanting the best for your kid within your ability). A small example, Think of how when a small company starts up, it will need alot of capex (capital expenditure) but after a few years of running, the company's cash flow builds up and it wouldn't be so heavily leaden on the investor's cash. Same as starting a family, first few years will be tough.

Alot of sarcrafice is needed. Especially on your husband side. Moving from singlehood or rather datinghood to family man is not easy. Got to let go some stuff he treasure... like a posh apartment, sports car, holiday, shopping, etc...

But best of luck! I'm sure you will survive.

This post has been edited by nonexno: Mar 17 2008, 07:19 PM

A lot of the replies here have taken in the consideration that everything you buy or plan to buy (i.e. a house, car, household expenses) can/will be funded by bank loans and borrowings. Obviously if you want to be indebted past your retirement age then I agree that income under 10k is sufficient. For below 10k you can pay alot instalment off (like what some of the thread replier say, even possible to put 2 story house and 2 cars on instalment). Alot of younger generation do not realise that this could put them in a vicious cycle and living in constant insecurity. Jobs can be taken away, house can burn down, unexpected high expenditure can arise (emergency operations as an example)... too many unexpected circumstances can throw off a person's ability to repay their monthly debt.

I based my previous post on earning salary to support your expenditure and have savings for your future generation. I did not base my post on earning a decent salary and put everything else you need to buy on credit. Certain parts of the world has hit credit crisis issue - alot of debt payers simply cannot afford to repay their borrowings! I'm sure this is happening in Malaysia too, if you notice the cases where Ah Longs pay people a visit. Readers please do not fall into a credit trap! I suggest people to log in their "real" spending each month, i.e. things you buy this month is considered this month's expenditure and not when you pay for your credit statement next month!

This post has been edited by nonexno: Mar 19 2008, 05:58 PM

Just wondering are Malaysian girls willing to accept that the house has to survive on dual income?

The girls I've dated in Malaysia more or less expects the guy to be the sole bread winner after marriage,
where else girls abroad are more independent and still want to pursue a career after marriage/birth.