How Much You Can Save Per Month?
For me, it is better to save in % instead of the amount that you saved. Actually I don’t force myself to prepare like 50% or 60% of my salary for savings, but I seldom buy stuffs so my savings is just after minus daily expenditure. But I tend to save more in order to get a decent house. Hope this year-end got big adjustment.
Reject All Those People With Poor Mindset
Although saving cannot fight over inflation, but it will have the power of compounding if you can find a good saving types or investment vehicles.
My Personal Tactics:
If you are frequent use of the credit card, then please keep in mind that always pays yourself first b4 paying others.
If you are impulsive buyer, you may need to recalculate and change your lifestyle a bit. Or, start saving with 30% then increase to 35% then 40% and then try to go for 50%
If you still cannot control yourself then better transfer the money into your account with no ATM and Online Banking Facility. So in order to get the money, have to go queue and withdraw.
Look at the totals yourself and decide where you can cut down. If possible, ask someone else who has some accounting background to look at your finances.
As conclusion, it’s crucial that you learn how to save money just in case of unforeseen incidents may happen in future.
April 23rd, 2008 at 2:02 pm
i cant save much nowadays cos lot of commitment involved
April 25th, 2008 at 9:23 am
saving is not enough..at least u must know to invest oso
April 26th, 2008 at 12:58 am
I do save a lot every month…
April 26th, 2008 at 2:41 am
weee~! saving is good…
if you don’t have alot… don’t save in percentage… maybe just save like RM10 a week first and then RM15 and etc…
1 year and you would have enough for a Redang trip 
it works… better still put RM1 and all your coins into a piggy bank… EVERYDAY… you would realise you have like about RM50 a month.
April 26th, 2008 at 12:09 pm
haha..UncleJosh..too slow la the saving..hardly getting rich lo
April 26th, 2008 at 11:24 pm
I have a hard time to learn to save …
Luckily i dun have creadit card. hehehe.
Nice blog btw =)
April 27th, 2008 at 7:31 pm
My major expenses is the food. I eat quite a wealthy food.
Recently I change my life style to cook at home.
April 28th, 2008 at 3:06 pm
i agree with you, the best way to save is to save in a bank where you do not have an atm card.
April 29th, 2008 at 12:01 am
saving is good for future emergency but sometimes have to take out money to do something that can achieve our needs and desire in order to satisfy ourself..
if save too much money also useless bcos u may not know what will happen on the next day!!!