Originally Posted by Ambition

It's not silly at all, good to have youngsters who consider this seriously and not just rely on financial planning which to me is plain silly. Simple things why let people take a commission.

Buddy your insurance 600 per month?? You insure your legs for a million or something? My hospitalization plan cost under 1k a year.

Spending is really high. With a house and a car 2nd hand cash - my spending is 1k a month all in.

Parents- I cannot judge your fillial piety. Your parents are blessed with a good child. I give my parents a small amount, but whenever we go out I pay everything, and everything they need I pay. So it's like, the allowance is for their enjoyment. Definitely under 800 a month per annum basis.

Wedding also depends on both party. I spent under 30k for my wedding (photoshoot + 25 tables) as we both agreeable not to buy 'face' or waste money for 1 night only. Our house 300k bto 25 years loan. My reno under 30k. we gave ourselves a 50k budget, any surplus we go for holiday. In the end we were very happy to travel twice that year once six hours plane once 20 hours plane.

Its not how much you earn. Don't be a slave to money. Manage your time and money. Once you managed it, use debt to maximize returns through investment. At 5k fresh grad you are likely in a financial institute if not a unicorn company. Doubt I need to teach you about investment. Just regulate your spending bah.

We save min 30% of our salary.