It all depends in which state a person is working. If u budget frugally it is sufficient for bread n butter. The only savings perhap will b ur monthly EPF employees portion.Mind you rm3k was the maximum pay of a graduate in civil service after 25 years of working before.
Surely the expenses of RM500 is not enough. Just take very basic and minimal ones. Petrol 150, Light 40, Water 10, Telephone 50, Food 450 (4 meals a 15 a day). Total already 700
i got my first job with salary RM300, not enough. Currently RM9k, also not enough. Our life style has been upgraded along with our income. When i earn RM50k per month, i think it is stil not enough for me to spend. We have to control our greed from within.
City Trade, that's why one has to live within his means. For some single people, earning 50K a month may not be enough, but for some with, say a family of four, they can live comfortably with 5K a month.
i earn 4k a month only...i stay put to my second hand car, i eat to the minimum, i mean minimum is to be healthy and not luxuries. i been able to save up to 3k per month. bear in mind. INCLUDE petrol, and all other small expensive during the day... im a fresh grad anyway. JUST DEPEND on what is your lifestyle. u can get second hand cheap car? while ur friend driving all those accord or civic in front of u? u can spend your time hobby which use up less money? just like go workout(not at gym, but open public space). can u skip all those "CLUBBING" session with friends? IF YES. then YES u can save much more than 50% of what u earn. Im single anyway. but i bet if its a double life. there is a double earning... girl nowadays should understand what is going on out there.
@alvian, im not sure about the foreigner stuff... im not into that... cant help here..
@inwest88, just to be informed, i spend almost rm0 on food during weekdays, because my company provide free coupon for food, thats why i dont have to pay for any food. Just to be "right", i've given a small pocket money to my family as a "dishes" money. Fair enough. This amount is practical when i'm single i believe. when you have family, you buy/rent house, u need a better car for your children, then it will be slightly harder. but i believe by the time a person start to have a family. he/she will earns much better than how he is when he just fresh grad aint it?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
heeroo
544 posts
Posted by heeroo > 2013-07-07 13:17 | Report Abuse
CP Teh... Engtex WA? MBSB? Cliq WA? Ok i try your 3M. If correct you r sifu if not ur math lecturer..hehe