Comany offering me MYR 3500/- gross. its enough for me to live there. and how much i can save for my family. Comany offering me MYR 3500/- gross. its enough for me to live there. and how much i can save for my family. pls also tell how much i can save for my family in india. im less expensensive boy!
Malaysia - 6 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Yes, even in KL RM3500 is ok, u can live in a 2 room apartment, drive a simple car, go for mamak restaurants for food, go for movies every weekend and still have some left for saving. But its not much, for sure. Compare it with your lifestyle wherever you are now and decide wisely.
2 :
That depends. Will your accommodation and transport be provided by your employer? If not, then you'll need to look into renting options, either alone or with friends. Depending on location and type of residence, it can be as low a MYR 100 a month to over MYR1,000. Then you need to look into furnishing and utilities. Do you intend to eat out, or cook? Food shouldn't cost much, unless you're a very large eater with expensive tastes. If you eat out everyday, it may cost you between MYR 300 to MYR 500 a month. It is considerably much, much less if you cook. But you'd have to factor in the cost of cooking utensils, maybe a rice cooker, a stove top and gas. All in all, you won't be saving much the first few months, if you are starting from scratch. But you'll be able to save quite a bit later, depending on how frugal you can be, and the currency exchange rate between Malaysia and your country. Since you said your salary will be 'gross', find out if there will be compulsory deductions to your pay, like employee benefits, insurance, medical fees, immigration, etc, and whether these payments will be one-off or a monthly thing. Then you'll be able to gauge just how much is left for you. Also, find out if your employer will be giving you an advance to get you started, or will only start paying your salary after a month's employment.
3 :
With that amount I am running a family of 4
4 :
i thinks is enough
5 :
more than enough but it depending on you what life you want too
6 :
i think it's enough if u rent a RM250/month room, live on rm100 per week, and around rm120/month for transportation (if u commute by LRT). this way, ur expenses will be RM770 per month. u could save more than enough for ur family. but in my situation, i can barely live with RM4500 per month. money is always a problem.
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