Quote:
Originally Posted by Unregistered
I spend around 8K average monthly on income tax, home loan, home expenses, wife expenses, car, kids education and holidays. Save around 7K monthly mainly in the form of cash and some in savings plan.
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sounds similar to me, but i am single 34year old, base 200k excluding bonus, save 7-8k a month
income tax - 2.5k a month giro
home loan - 1.5k a month (becos sor is so low now)
home expenses - electricity,water,hp,internet, groceries, qtr air-con maintenance, insurance - 1k a month
holiday - twice a year ard 12k in total to eat, sleep, fly, on average 1 k a month
toyota car - installment+petrol+tax+insurance+servicing - 1k a month
misc - give parents money, give ang-pows when attending weddings, buy cloths/apple products, eat out, social - 1 k a month.
If I have kids next time, I dont think I can save much every month (budget 2k a kid a month), only year end bonus.