IS FRESH GRADUATE INCOME ENOUGH

FOR THEM?

Thanks to the advancement of technology we are able to live comfortably

Wars are still happening around the world, but the peace treaty prevents major wars from happening and thus relief us from the war ordeal

With the world become more advance, our lifestyle and expenses also increase along with it

THE CHANGING WORLD

People are constantly looking for something better to improve their living standard

Improvement come with a price, the more they want, the more they have to work to pay for it

However, even the necessary stuffs like house and vehicle are costing more than the older days

People especially fresh graduate have been wondering is their income enough for them to carry out their daily living?

From daily meals to transportation fees, fresh graduates that are living separately from their parents seems to have problem in making end meets

However, some families have proven that it is possible to live with lower income

IS MY INCOME ENOUGH?

Do not overspend on computer device, clothes, shoes, eating luxury food or having gathering often at restaurants

Only get things that are necessary at a usable amount

We should avoid spending too much even if the specific item is on a discount

Only buy something when you really need it and not because of a sudden impulse

FINANCIAL PLANNING

Young couples can pool together their to live through the month

Even though their expenses will be more, their overall benefits will also be more than a single fresh graduate

For example, cooking meals for both instead of eating out

Travelling with 1 car instead of 2

Sharing the room rental if they live together

Do not follow the mobile phone trend

Cook own meals rather than eating outside

Make sure that one set up a budget and record down daily expenses

Set up strict rule to follow and set penalty if rule is not follow

Do not get more than 1 mobile phone

Get prepaid mobile plan if post-paid are too expensive

Learn to manage your mobile phone service usage

Do not apply for data mobile plan if you do not really need it

Work at hometown will incur less cost than working in other state in the same country

We do not need to pay for room rental, water and electric bills as well as meal

We can live comfortably in our own room

For more information on mobile plan, please visit https://www.imoney.my/mobile-plan-comparison

For more information on how to live cheaply, please go to http://www.drphil.com/articles/article/596 or http://www.wikihow.com/Live-Cheaply