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Pengurusan Kewangan Untuk Fresh Graduate Berdasarkan Pengalaman Sebenar

Just recently, there is one subordinate of mine came to me to seek advice on her financial matter.  She has been working for 3 years now, with 1 year at private sector. She did complaint that her salary is lesser in public sector but she still can manage it for the time being.  

While I don’t think I’m good enough for advising her on financial management, we came to a small discussion on what her plan and objectives. Following that, I advised her based on my experience and knowledge on how that can be achieved. I learned that she wanted to be able to survived after her soon marriage and at least some liquid assets just right for her to use during critical times.  

Here is my current ‘blueprint’ for any fresh graduate for financial management thing (of course by exploiting their earning with payslip to the highest possible) 🙂

Prerequisite:

1. She/He need to have at least a total of RM3,000 income either from fulltime salary or part time.  

Currently she is salaried at RM2,200 and I did suggest some part time job that she can do such as tuition teacher, cake and brownies business, dropshipping, affiliates and a few more. In total, if she is consistent, she can happily achieved RM3,000 in next few months.

2. She/He has been working for more than three month.

This is important as my techniques are specially designed for fully utilizing the loan capability and the eligibility of those.

3. Savings. She should have adequate saving in her account, although not much, consistency will paid off. Saving should be made into investment body such as ASB and Tabung Haji.

Here is the step-by-step of what I suggested:

Step 1. Buy Health/Life Insurance – RM150/month

Health/Life insurance is important as much as planning the unexpected. Getting a life insurance will secure your financial amount on health and being yourself as you have the advantage of receiving a value that we called money. I’m not going to go deeper into this. A minimum amount suggested is RM150 per month.  

Step 2. Rent a whole house without furnish

If your singleship status will end soon, I suggest you start looking for a home that is unfurnished rather than a shared-room. The idea is that:

a. unfurnished house is cheaper than fully furnished, let say RM800

b. find your own housemates and charge them per shared-room let say RM700; so you only pay RM100 for the rental

c. gradually complete your house furnished with remaining money, which you can use these furniture during your early marriage-life  

Step 3. Saving

Keep a saving as minimum as RM200/month. Don’t skip.  

Step 4. Buy the properties  

Finding a house is far more different than going to shopping mall and grabs something that you like on your first sight. You need to do multiple visits, do the evaluation, prediction, and lastly decide on which house is closely suitable to meet your objective.  

I suggest that you follow these steps on using loan facilities in buying the houses:

a) First House – use bank loan  

b) Second House – use bank loan

c) Third House – if you are gov servant, use the government loan for the third  

You can opt for new development, subsale, and even auction if you have some cash in hand. My experience in these three type, subsale has given more advantage than those two.  With subsale, you can negotiate the price and also ensure that the house conditions are good for you before buying it. Furthermore, you can buy it below market price and with additional agreement, you can probably get a full loan. Auction and new development requires you to have a lot of cash as the capital.  You probably eligible for less than RM2,000/month for monthly commitment  at this stage. So you might want to look for properties (max: 2) that total up until RM350,000  

Step 5. Buy a car / something else that you need 

At this point, if you need a car, you can buy it based on your remaining Debt Service Ratio (DSR). You can buy other this as well. 

Step 6. Investing

Some might say that investing in ASB will give you max dividend with above 7% per annum. That is a good start. If you have any plan on investing on ASB, I would suggest that you do some homework on the trick of ASB loan, which somehow will give you 20%-30% in ROI. But careful, it might affect you DSR as well.  

Some also might say, it is best to invest in gold. I would say go for that as well. Whatever suit you. Those investments have its own upside down, which is normal.  

Oh how about unit trust?  

Frankly speaking, I’m not familiar with unit trust nor have any experience investing on that. The agent might say the ROI is 15%, but some might not get lucky enough and loose some amount. As he name suggest it os investing.

 Just keep in mind, whatever you plan to invest, do study the worse case scenario and consider what you might loose. For example, on ASB Loan, you might get free money but your commitment probably locked up to 5 years. 

Well I think that was it. 

Step 7. Register SSM

Register an SSM and start a small business at early age. I bet you would appreciate this point if you know what you can do with them. There are a lot of financial facilities that is available for small business and startup nowadays. Why not grab one for yourself.

Everything that is mentioned are based on my experience. You probably have different one, better than mine. Feel free to share anything in the comment form. 😉  

Last but not least, after 5 years, imagine how much can she gain?

1. Protected by life insurance

2. Have a nice house fully equipped with household and furnitures

3. Have some saving even if she used everything for her wedding, she has been trained to do contonuos saving.

4. Have a lot of cash in hand as the property were tremendously appreciate after 5 years with 0% RPGT. She might either: a) sell the house b) refinance to current value 

5. Have a car and anything else

6. Have some liquid asset. 

7. Probably has started a steady business that give her steady income 😉

 SpSekian sahaja kali ini. Semoga bermanfaat. InsyaAllah. Aminnn.


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2016 conclusion

Assalamualaikum wbt and May God Bless You.

Although it is not end of the year yet, I can draw some initial conclusions for this 2016.

As in my initial prediction earlier this year, there are a few things of uncertainty foreseen through out the year. So far, so good, well at least I survived until today, Alhamdulillah.

Here are a quick summary of uncertainty that happened throughout the year:

Work:

  • ascending as planned
  • expertise recognition from international body
  • hiccup here, hiccup there, solved here, solved there.
  • certified in a few fields

Family:

  • Cant really decide when to move, so no new place for the kid
  • New family members expected soon as this post been made
  • So far, so good

Business:

  • Change in staff. It give me spooky thinking earlier when my assistant has been offered to work based his Degree field. I do wish the best for him. Interestingly, I got new staff replacement with some extra benefit of expertise and experienced – ex-Petronas Executive. So technically, I am hiring a ‘manager’ then. :p
  • The main business so far, Alhamdulillah, went well. I hope LHD end does not reading this. We (me and my team) worked out and reach more than 20k/month sale for three consecutive months. I love you guys. 🙂
  • After doing market validation, we do expand to other business that’s similar. Got funded by 10 investors just by pitching in Whatsapp for 15 minutes. It is unexpected, but so far it went very well. Shareholder telling interest to invest more. Clients are more than happy and a few of them even send out email for long term co-operation. Alhamdulillah.

Miscellaneous:

  • A good friend expected to leave the company, and luckily she does not. It give me the chill anyway.
  • Something happen for a good reason. I loved it, hated it, and loved it. For one month, I have been given spesific test by Him, and I’m sure I remember the take home message, InsyaAllah.
  • A few more which I couldnt recall at this 2 am 😉

 

May Allah Bless Me and You. InsyaAllah. 🙂


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2016’s Fav Song

Photograph, Ed Sheeran:

Loving can hurt
Loving can hurt sometimes
But it’s the only thing that I know
When it gets hard
You know it can get hard sometimes
It is the only thing that makes us feel alive

We keep this love in a photograph
We made these memories for ourselves
Where our eyes are never closing
Hearts are never broken
Times forever frozen still

So you can keep me
Inside the pocket
Of your ripped jeans
Holdin’ me closer
‘Til our eyes meet
You won’t ever be alone
Wait for me to come home

Loving can heal
Loving can mend your soul
And it’s the only thing that I know (know)
I swear it will get easier
Remember that with every piece of ya
And it’s the only thing we take with us when we die

We keep this love in this photograph
We made these memories for ourselves
Where our eyes are never closing
Our hearts were never broken
Times forever frozen still

So you can keep me
Inside the pocket
Of your ripped jeans
Holdin’ me closer
‘Til our eyes meet
You won’t ever be alone

And if you hurt me
That’s OK, baby, only words bleed
Inside these pages you just hold me
And I won’t ever let you go

Wait for me to come home [4x]

Oh you can fit me
Inside the necklace you got when you were 16
Next to your heartbeat
Where I should be
Keep it deep within your soul

And if you hurt me
Well, that’s OK, baby, only words bleed
Inside these pages you just hold me
And I won’t ever let you go

When I’m away
I will remember how you kissed me
Under the lamppost
Back on 6th street
Hearing you whisper through the phone,
“Wait for me to come home.”

 

Music Video: https://www.youtube.com/watch?v=nSDgHBxUbVQ


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Senarai Buffet Ramadhan Area Putrajaya 2016

Assalamualaikum dan selamat berpuasa semua,

Seperti tahun-tahun sebelum ini, setiap kali bulan puasa menjelma, akan timbullah pakej-pakej daripada hotel-hotel dan restoran-restoran untuk pakej berbuka puasa.

Apabila difikirkan semula, sebelum bulan puasa tidak pula mahu makan di hotel. Tapi waktu bulan ramadhan, tiba-tiba sahaja ramai memenuhi bufet hotel dan seumpamanya untuk berbuka puasa bersama keluarga, rakan-rakan dan juga rakan sekerja.

Hasil pencarian saya setakat ini, berikut saya kongsikan beberapa tempat berbuka puasa di area Putrajaya untuk kemudahan tuan-puan semua. Boleh share jika bermanfaat.

 

  1. 1. Putrajaya International Convention Center | Dari RM99/pax minimum 100 pax | +603-88876000
    Ruj: http://www.picc.com.my/#!promotions/cccvpicc
  2. 2. Hotel Bangi-Putrajaya | RM100 (D), RM50 (K) | +603 8210 2222
    Ruj: http://www.hotelbangi-putrajaya.com/promotions/dining-promotions
    bangiputrajaya
  3. 3. Hotel Puri Pujangga @ UKM | RM70 (D), RM35 (K) | +60389222891
    Ruj: http://www.puripujangga.com.my/deals.html#1
    A5-Flyers---Ramadhan-2016
  4. 4. Hotel Everly Putrajaya | Dari RM98/pax | +03-88922929
    Ruj: https://www.facebook.com/TheEverlyPutrajaya/photos/a.488374344564508.1073741828.449136731821603/1009466562455281/?type=3&theater
    everly
  5. 5. Bangi Golf Resort Clubhouse | RM58 (D), RM29 (K) | +603-89250728
    Ruj: https://www.facebook.com/BangiGolfResortRestaurant/
    bangigolf

 

 

Semoga madrasah ramadhan kali ini membawa beribu-ribu pengajaran kepada anda semua! InsyaAllah.

 

Signing off,

Dekan


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Hacked for good

Saya ingin mengucapkan Selamat Hari Raya Aidiladha kepada para pembaca sekalian sempena Hari Raya Qurban pada tahun ini. Semoga kemeriahan dan kejiwaan itu masih terasa walaupun sudah berpuluh kali anda meraikannya.

Beberapa hari ini saya ada menerima beberapa email yang mencurigakan, dan pagi ini terjawab sudah penantianku, iaitu laman web mywindowsxp.info sudah pun digodam (for good, thanks Ted.)

IMG_3089.PNG

Adapun kelihatan seperti digodam daripada aplikasi wordpress (disebabkan sudah lama tidak menampal lubang-lubang kelemahan (baca: vulnerability)), namun adalah lebih baik jika dianggap server tersebut sudah pun dikompromise.

Clean up akan dilaksanakan beberapa hari akan datang kerana kelihatan Windows XP sendiri tidak lagi diselenggara Micro$oft sejak 1 April 2014 yang lalu. Jadi, tidak salah kalau daku mengambil beberapa hari ini melakukan kerja “offline” menolong melapah lembu, berziarahan saudara mara dan sebagainya sepanjang cuti ini.

Terima kasih juga kepada para pembaca kerana masih setia dan juga terima kasih kepada (mungkin) seorang pembaca yang menggodam laman web itu tanpa merosakkan apa yang ada. Alhamdulillah kelihatan beliau amat menghargai tulisan daku yang tidak seberapa itu demi memajukan Malaysia.

Oleh itu daku nasihatkan lakukan tampalan sekuriti sesegera yang mungkin untuk mengelakkan perkara seperti ini berlaku. Pesanan untuk diri sendiri juga.

Sekian, maaf zahir dan batin. 😉


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Heirs

On my way to the office, while hearing the Al-Quran on hot fm radio which is unusual but because of kemangkatan Sultan Perak, I reminisce myself.

It remind me that I was told about susur galur Kesultanan Perak which was started again after Sultan Mahmud, yang berlindung di Sumatera, sent his prince named Sultan Muzaffar Shah to rule Negeri Perak again. (If im wrong, im sorry, my history memory allocation is small).

It remind me of something that I overlook these years. This entire years. I might have think of that before, but it stopped and eventually faded away.

So, the point I need to look is at the right angle of how this thing operate and resembles, why those are important for the (big) family, and why that is matters. I perhaps has the answers now, and I hope I can have a talk with ‘the cousin’.

Then I realize why they protected the heirs so much. 😉


next page

Pengurusan Kewangan Untuk Fresh Graduate Berdasarkan Pengalaman Sebenar

Just recently, there is one subordinate of mine came to me to seek advice on her...
article post

2016 conclusion

Assalamualaikum wbt and May God Bless You. Although it is not end of the year yet, I can...
article post

2016’s Fav Song

Photograph, Ed Sheeran: Loving can hurt Loving can hurt sometimes But it’s the only...
article post

Senarai Buffet Ramadhan Area Putrajaya 2016

Assalamualaikum dan selamat berpuasa semua, Seperti tahun-tahun sebelum ini, setiap kali...
article post

Hacked for good

Saya ingin mengucapkan Selamat Hari Raya Aidiladha kepada para pembaca sekalian sempena...
article post

Heirs

On my way to the office, while hearing the Al-Quran on hot fm radio which is unusual but...
article post