Monday, July 25, 2005

Travel

My sisters just back Hong Kong trip, they stayed at there for 4 days 3 nights. They spend quite a lot there...Since HK life style very high, 1.5little Mineral Water would cost at least HK6.50(Around RM3 in Malaysia). Petrol price is HK16 (Around RM8), haha............should we feel we are lucky since our petrol price just cost RM1.52 in Malaysia....haha!

Government always said "Our petrol still is the cheapest in Asia" when they want to raise up the price of petrol....Just make your all feel better about it la!

After I calculate about my financial plan...If want to go for a Malaysia trips, at least need to save for half year. If going for oversea like Thailand, then have to save for one year ++. You all might wonder why such a cheap trip needs to take long time for planning and saving.....

For example, if let say in the end of the year, you manage to have an amount of saving, are you going to take part of the saving for trip? or you might start to save another portion of money few months before the trip? Which one would be the better way.....depends you all...Anyway, I think the second way would be better because at least you will have a target and you wont simply spend on anything...right?

If you same like me as fresh graduate, earn a little...and spend a lot. What you spend is more than what you earn...or another way is when near to end of the month, no more money left...right? Why? It is because you don’t know where the money you spend on...!!!

Financial plan is no about how much you earn, but is more to how much you plan for spending. Earning money is a slow process, spending money is a fast process...If you really want to count for how much money do you really need for you to stay alive until 75year's old after you get retire (Estimated 50 years old), every month you spend 3K(Current value), you would need around 4Millions to cover your life(If you plan not to depends on anyone else), believe me or not? It depends on you...

Leave me a comment about what you think about it, TQ!

8 comments:

Eng said...

wah...you just started working and alr your expenses higher than your income??

well, for your point, it's always wise to control your spending and spend on only what you need... but ppl these days, always spend on what they need. these ppl needs more self-discipline

BillyTong said...

believe me fren, keeping ur expenses low is a lot harder than earning ur income. Try to "spend" ur money in the place that will grow money for u. Use money to grow more money. use money to work for u. Not u work for money.

Jyrenze said...

tats easy to say but not easy to find good place to invest the $

BillyTong said...

Nobody say investment is easy lah.what I want to say is try go find a place that u gain money instead of losing it completely. It is all about money management. Some people can spend their salary in just a week. yeah, work @ low salary yet can afford to drink starbucks coffe + new car + new hand phone every 6 months.

yukiko said...

bleah..hongkong was nice..we bought sumthing for ya u noe=)

waye2k said...

wah.. talking bout financial plan.. good.. hope The Money Book helps you!

YSLim said...

haha! thanks for the advice...actually when we are jus fresh graduated, many loans such as car loan, study loan have to pay.....that's y become poor...haha! that's why planning is plan for future...

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