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My birthday? 🤜

11/07/1998

⁠

How long do you expect to “live”, work & still be kicking?

000

⁠

years.

I am
`26.7`
⁠
years old

and have completed
`42.4`
⁠
%

of my expected Working life.

What will you do with the remaining
`58`
⁠
%? Those
`36`
⁠
years can go by so fast.

BTW In the year

0000

2041

⁠

, I Will be

43

⁠

years old. What are you gonna do about it foo

⁠

50/30/20 Budget Rule

Income after tax

00000

5275

⁠

MYR

⁠

Needs (click ▶ to open more...)

Needs are those bills that you absolutely must pay and are the things necessary for survival. These include rent or

mortgage⁠

payments, car payments, groceries, insurance, health care,

minimum debt payment⁠

, and utilities. These are your "must-haves." The "needs" category does not include items that are extras, such as HBO, Netflix, Starbucks, and dining out.

Half of your after-tax income should be all that you need to cover your needs and obligations. If you are spending more than that on your needs, you will have to either cut down on wants or try to downsize your lifestyle, perhaps to a smaller home or more modest car. Maybe carpooling or taking public transportation to work is a solution, or cooking at home more often.

You’ll have RM
`2637.5`
⁠
for everyday necessities, which is 50% of your income.

If your housing cost is 🏡

00000

300

⁠

MYR monthly, this will how much your family will be left with 👉 RM

2337.5

⁠

for the rest of the month. Lets calculate the rest 💁‍♂️

💸

Amount (RM)

Foods 🍜

000000

Bills 📄

000000

Everything else in this category

000000

There are no rows in this table

⁠

RM
`2301.5`
⁠

`got some left over, you good homie 😗`
⁠
⁠

⁠

Wants (click ▶ to open more...)

Wants are all the things you spend money on that are not absolutely essential. This includes dinner and movies out, that new handbag, tickets to sporting events, vacations, the latest electronic gadget, and ultra-high-speed Internet. Anything in the "wants" bucket is optional if you boil it down. You can work out at home instead of going to the gym, cook instead of eating out, or watch sports on TV instead of getting tickets to the game.

This category also includes those upgrade decisions you make, such as choosing a costlier steak instead of a less expensive hamburger, buying a Mercedes instead of a more economical Honda, or choosing between watching television using an antenna for free or spending money to watch cable TV. Basically, wants are all those little extras you spend money on that make life more enjoyable and entertaining.

30% or RM
`1582.5`
⁠
for everything you might want.

Let's say your 🚗 cost

000000

⁠

MYR monthly, it will take

0

⁠

% of your total budget. Lets calculate the rest 💁‍♀️

💸

Amount (RM)

eg.1 🥂

000000

eg.2 🎢

000000

There are no rows in this table

⁠

RM
`1582.5`
⁠
⁠
`got some left over, you good homie 😗`
⁠
⁠

⁠

Savings (click ▶ to open more...)

Finally, try to allocate 20% of your net income to savings and investments. This includes adding money to an emergency fund in a bank savings account, making

IRA contributions⁠

to a

mutual fund⁠

account, and investing in the stock market. You should have at least three months of emergency savings on hand in case you lose your job or an unforeseen event occurs. After that, focus on retirement and meeting other financial goals down the road.