emm I think you have high commitment. I am earning less than you but save more money than you. Your house and car is expensive, which is "eating your life" slowly. and for family expenses, I believe if your childrens are grown enough, asked them go part time. they have to learn how to make money.
Ya, apartment also ok. Just simple Proton are ok. And no luxurious erotic foods, cut down many unnecessary expenses.. Cut electric bil, less air-con, cut water- let the water dripping( slow metere), Cut also astro, cut internet, go restaurant with Wifi. Do not change handphone, use it until spoilt… Place money in share, rolling… Cut overseas trip, go local… … join more contest, get free sample… Buy when discount… and then you will get a better life in future.
rolling money in share is good. You can make money if that share give dividen, better rate than you place in funds, or FD. so...at least la. boleh dapat sikit. kalao tak, habis semua.
Buying property now is not the way. Example, apartment selling at RM 500k, you pay downpayment 10% and go for RM450k loan. How much do you think the rental to support your bank interest rate? Is RM1, 600 rental enough?
the property price is now all raise like hell, not worth to buy. Most of the areas not worth to buy anymore. The 500k apartment rental still in around rm 1.2k to 1.5 k. if you pay loan, you will need to pay more than that, plus house maintanance, plus the admins fees.. +++. better rent a house. sometimes you can get desperate hosueowner rent out /condo/house at below rm 1k. because so desperate to pay the houseloan. see, funnny.. we should be careful when invest.
depends on areas, some areas auction house is too ridiculous pricy . calculated, if rent a condo for life and buy a condo, the cost for rent is about 25% of the total cost. house 500k, habis loan 1000K plusplus, and endless maintanances...
At rawang ok. rent for life is good choice, you prepare retirement plan... all these years without house loan burdens you may save big amount of money... even you place in equity funds just wait it grow, when you turn 60, you can rent hotel .
We have to thank the 46% who voted for BN, and of course, not forgetting the good works of EC through its gerrymandering, had secured the win for BN. We the majority nevertheless have to suffer along with them.
After only 100 days BN took office, petrol price already naik. This will of course followed by rise in consumer products. Thanks BN supporters. You will also not escape this increases except for the big BN cats where everything is given free.
Foolish voters who voted BN have dragged all Malaysians into suffering. Mind you, this is only the beginning of more financial and economic hardship to come.
May be we should live on trees is FOC and go back to be farmers. The salary sucks and thanks to the subsidy system. Our government keep telling the Malaysian people you do not need a high salary because our petrol is the chepeast in Asia, our electricity and water is also the cheapest in the world.
I have live long enough to see price & inflation goes up and up....so far so good....My principal in life is to live within your livings...Got money buy...No money don't buy....We must be extremely prudent in our managing our cashflow....Why must curse here and there?...The curse will be haunting you if you curse other people....
The price of petrol has to go up, GST has to be introduced so that govt coffers can be enriched and more crony enriching projects of astronomical costs can be carried out.
Probably they have over-used funds during elections and remaining already parked somewhere. Due to greediness and short of funds, they retort to squeeze rakyat for more. 1st the petrol hike, next the GST and more to come. This barang naik govt where got benefit. Fool the nation by asking people opinion for budget day, purely bullshits, they decide without due consideration. Scrap the budget day. Paint inaccurate pix and most of the time, over the amount budgeted for. (incompetence leader and poor funds managing, that's what rakyat see in present govt)
The next increases is coming from Tenaga. They needed this to cover coming bonds and sukuk issued in 2010 and 2011 which is at record high in the history of bonds issuance. all this going to due in 2 years time and therefore the need to go for GST in 2015.
So let the 47% minority that voted them and the rest 53% need to follow them to hell.
Slowly but surely, the Barang Naik government is tightening it's strangle-hold on the RAKYAT. This is just Round 1. Fasten your seat belts and get ready for more surprises within few months.
"JANJI DI TEPATI" as promised by PM. Correct mah. Shall increased BR1M after all you donkeys vote for me by increasing all your necessities.UMNO will increase BR1M to RM2,000.00 which will help all the poor people especially UMNO supporters to last through the year while everything will be rocketing SKY HIGH. Congrats to the 47% supporters, so clever.
Don't complain, the 41% who voted BN & Jibby should be jumping for joy. They have chosen the devil over Anwar & Co. for a better Malaysia. Sorry you are not exempted from all the effect of petrol hike. Padan muka to all the 41% BN supporters.
Congrat. BN you have fulfilled your first promise..increase the fuel prices and it will lead to a domino effect...all items will increase too..clever deception.
Pengarah Strategi PKR Rafizi Ramli mencabar pemimpin Umno berdebat berhubung kenaikan harga minyak petrol dan diesel yang bermula tengah malam tadi.
“Mungkin saya patut gesa debat dengan (Ketua Pemuda Umno) Khairy (Jamaluddin) mana-mana pemimpin Umno yang berani,” katanya dalam pesanan di Twitter.
Perdana Menteri Datuk Seri Najib Razak semalam mengumumkan diesel dan petrol RON95 naik 20sen seliter sebagai salah satu langkah rasionalisasi subsidi oleh kerajaan,
Sehubungan itu, RON95 akan berharga RM2.10 seliter manakala diesel pula RM2.00 seliter
It will affect everyone. Goods prices will go up. Does the BN cares? Not at all. They don't feel the pinch because they already have money for next couple of generation - duit haram.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Jonathan Keung
4,436 posts
Posted by Jonathan Keung > 2013-09-02 14:56 | Report Abuse
with the GST the salary workers will be most hard hit. And if the Bank increase their rates (loans) again the average wage earners will be affected