Hi friends, welcome back
Planning is very
important. It is not only applicable in work or tasks but much important in finance.
Because, earning is hard and spending is easy. In this post I want to share completely my
personal thoughts about budget planning to live best in Malaysia. My post
completely related to middle class people who occupy major percent of our
society.
In general any
expat from India comes to overseas to make some extra money than from his/her
native country. It might not be case
with everyone but it is true with most of the people. So, one should able to
save some amount which is more than what one saves in his/her home country.
Then only there is a meaning to live in other country leaving all your
relations far. So I strongly feel having a good plan for our spending over
earning is very important. By implementing this plan you can save more than
expected.
Okey! Now I go
into the detailed picture. I want to discuss the living scenario for three categories
of people.
 |
| Budget |
- 1. Bachelors
- 2. Married couple with no kids and wife not working
- 3. Married couple with 1 or 2 kids and wife not working.
Accommodation:
House rent is the major part in monthly
expenses. In Malaysia house rents are a bit high compared to India. But it is
completely subjective. As the table shows in my previous post, a single bed
room apartment will comes around RM 1500/- fully furnished with extra monthly
bills. Below is the budget plan J
Options for Bachelors:
Sharing a house. Yes. For bachelor
person, one bed room flat, I feel it is waste. There are many condominiums
which offer shared rooms. These rooms are fully furnished and the rental is included
with utilities. If you opt to stay in Brickfields, Palmcourt Condominium is the
famous apartment with lot of Indians. You can get small room with other facilities
for RM 550/- per month. This is if you want to stay alone. You also get middle
rooms which are shared with another bachelor. If you have any friend then you
can share with him/her. In that case rent comes around RM 450/- per month. So option
is yours. Not only Palm Court
Apartments, you can find many more cheap rooms in brickfields area.
Options
for Married Couple:
If you are married and want to stay with
your wife then you can also go for shared house if you feel house rental is a
burden. For a couple, master bed room is much convenient. So the other rooms
like middle room and small room are shared with others. This type of master rooms
are available RM 1100/- per month with utilities. If you are newly married and don’t want others
to be shared in your house, the you can find some apartments which are cheaper
around RM 1000/- per month but you have to bare other expenses like utilities
etc separately.
Married couple with 2 kids and wife not
working:
For families sharing
might not be convenient. If the children
are school going then it is good to take two bed room apartments. If you really
don’t expect a lot luxury house then you can easily get a furnished house for
RM 1800/- per month. If you want to plan a bit then semi furnished apartment
also available for RM 1400/-. Again option is yours.
Summary of budget
accommodation goes here:
Category of people
|
House Type
|
Rent (RM) per month
|
Bachelor
|
Small Room
|
550/- (Including
utilities)
|
Bachelor
|
Middle room shred with
friend
|
450/- (Including
utilities)
|
Married Couple
|
Shared house with Master
Bed Room
|
1100/- (Including
utilities)
|
Married Couple
|
Semi furnished one bed
room flat
|
1200/- (Utilities extra)
|
Married Couple with
Children
|
Semi furnished two bed
room flat
|
1400/- (Utilities extra)
|
Married Couple with
Children
|
Fully furnished two bed
room flat
|
1800/- (Utilities extra)
|
I will continue about
the budget food planning in my next post.. Hope the information helpful. If you
have any comments or queries please post here.
Nice Information
ReplyDeletePikashow