50% + 30% + 20%

money management adelah sumthing y agak menakotkan for me coz i'm totally a failure bout this..hahha..shoppaholic woun't be good at this topic but i had simple lecture with umi regarding my expenses just now n should be share with others..

The suggested calculation are( Harvard School):

1. 50% of bring home salary on fix expenses such as car installment, housing, loan,commitment (giving money to mum/dad/Children/wife)..

2. only 30% can be spend on my entertainment,shopping, phone bills,electricity,medical, transportation, food (umi put in my variable expenses but it should be in fix expenses)hhaha..or anything that we can control

3. 20% is compulsary for saving which i never do before BECAUSE

my Fix expenses = Bring home income(after deduct tax,socso etc) haiyaa..and i supposingly can not spend on no 2 things which means i cannot have shopping if my salary still at that level..aaaaaaaaaarrghh..nangis tak??wuwuwu..

hurmm...i had study few things such as:

1. Transportation:

Should do:less travel, means balik bangi only on weekend.
I did: i travel KL - Temerloh on each weekend since last 3 weeks..hahaha

2. Food:

Should do: have some fruit for my lunch. beside umi nak soh org diet.n cook for dinner.

I did: i spend almost rm10 for lunch.i did cook at home(damansara i mean) but rare coz mls..

3. Phone bills:

Should do: Do not reply any office msg,making calls for office purpose because they not paid ur communication bills now.

I did: i love to call my fwens n mybos especially during weekend..hahahah

4. Commitment: i should contribute at least 300-500 for mum's medical..but i never do coz i cau't afford. cian umi..huhu

5. Entertainment:

Should do: no more shopping or movie

i Did: shopping like crazy head..hahaha