Sunday, November 05, 2006

Financial planning (for beginner) - Part I

I met up with my insurance agent today. She shared with me the "ideal" salary allocation that we should be practising.

Posted by skeng at 10:34 PM

Labels:

2 句话 :

skeng said...

i would think that it gives a base idea on how we should plan our allocation. However, each individual will need to customise base on our own financial status.

E.g. if we earn RM 1000 per month, 15% might not be enough to pay for rental or house loan. So we might need to 'borrow' a little bit from transport.

or if we earn RM 5000 per month, then 35% for food and clothings might be too much, so as 15% for transport. Then we should increase the savings.

November 08, 2006 10:06 PM
Unknown said...

my experience is that the housing and car loan will take up a huge chunk ...
theekit

November 22, 2006 4:27 PM

Post a Comment

Subscribe to: Post Comments (Atom)