This guy explains how Malaysian fresh graduates can save RM18,400 in 2 years

fresh graduates

Assuming you work in KL. Hometown in Peninsular Malaysia. Have PTPTN loan.

Try to find a house near working area or working area that is accessible by LRT.

OLYMPUS DIGITAL CAMERA

Please don’t tell me you can’t rent a room with RM 500/month in KL. If you want stay single room, air cond. Then maybe cannot.

Try to share room with others.

If you live with family, lagi takder masalah.

Fresh grad salary – RM 2500
After EPF and SOCSO: RM 2200

Recurrence per month:

Phone = RM 30
Internet = RM 50 (Share with housemates)
Rental = RM 500
Public Transport = RM 6 * 30 = RM 180
Food = RM 450 worth of groceries to cook at home (that’s a lot of food)
Basic necessity = RM 100
Entertainment = RM 200
Parents = RM 150
Total = RM 1660

Remaining = RM 540 per month

Bonus: 1 month = RM 2200

Total savings after a year = RM 8680
Deduct money to balik kampung = RM 280 per year = RM 8400 per year


1 year later – RM 3000 (Salary increase)

After EPF and SOCSO: RM 2600

Recurrence per month:

Phone = RM 30
Internet = RM 50 (Share with housemates)
Rental = RM 550
Public Transport = RM 6 * 30 = RM 180
Food = RM 450 worth of groceries to cook at home
Basic necessity = RM 100
Entertainment = RM 200
Parents = RM 200
PTPTN = RM 200
Total = RM 1960

Remaining = RM 640 per month
Bonus: 1 month = RM 2600

Total Savings after a year = RM 10280

Deduct money to balik kampung = RM 280 per year = RM 10000 per year

Total savings = RM 10000 + RM 8400 = RM18400 (2 years)

sikit

Medical, dental, spectacles can claim company.

Cukur … still can survive. Those who say not enough fail in financial planning.



Written by FunnyMalaysia

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